DeFi

How to Bridge from Cronos to BSC/BNB Chain

Summary: This guide shows Australian investors the best way to bridge cryptocurrencies between the Cronos network and Binance Smart Chain. Bridging tokens between any two networks will require the use of a bridging protocol.

By 
Serah Huels
 on  
June 21, 2022
Verified Author

Cronos is an EVM-compatible blockchain network powered by Ethermint, which allows rapid porting of apps and smart contracts from the Ethereum network and EVM-compatible chains. The network facilitates interoperability with other IBC-enabled chains (like Cosmos Hub and Terra) in a decentralised way. It is the native blockchain of the cryptocurrency exchange, Crypto.com.

BSC or Binance Smart Chain (formerly known as BNB Chain) is a blockchain network launched by the cryptocurrency exchange, Binance. The network supports smart contracts and dApps (decentralised applications). Binance Smart Chain runs alongside the BNB Chain, previously Binance Chain. It relies on a proof-of-stake (PoS) consensus, where users can stake BNB to become validators for the network.

Table of Contents

Where to Bridge from Cronos to Binance Smart Chain

There are only two bridging protocols that allow direct bridging between the Cronos network and Binance Smart Chain, Multichain & Synapse Protocol. We suggest using Synapse Protocol as it offers significantly lower fees than Multichain and has a larger selection of bridging tokens available. 

In addition to bridging crypto from Cronos to Binance Smart Chain, users can also trade and stake cryptocurrencies across 15 different networks. Synapse is the only DEX to facilitate cross-chain staking options. 

Synapse Home Page
Synapse Home Page

How to Bridge Crypto from Cronos to BSC/BNB Chain

If you’re looking to bridge your tokens from Cronos to BSC/BNB Chain you have come to the right place. The entire bridging process will take around a minute to complete and receive your funds. Follow the below steps to get started. 

  1. Go to Synapse Protocol and connect your Metamask Web3 wallet
  2. Select Cronos & BNB Chain as your two chains
  3. Input the amount of USDC you want to bridge
  4. Confirm the transactions in your Metamask and the funds will arrive within a minute
Bridge USDC from Cronos to BNB Chain
Bridge USDC from Cronos to BNB Chain

Available Bridging Tokens from Cronos to BNB Chain

When bridging tokens between any networks it’s important to know that you may not receive the same token that you send as not all tokens are available on different networks. Below you can find a list of tokens that you can send from Cronos and what you will receive on BNB Chain.

USDC > USDC
nUSD > bUSD
SYN > SYN
USDC > USDT

RPC Details: Cronos & Binance Smart Chain

Before you bridge your tokens between these two networks you will need to add both networks' RPC details into your Metamask wallet. To add these networks to your Metamask wallet, simply go to your Metamask extension and find networks. Select ‘Add Networks’ then fill in the below details into the online form.

Add BNB Chain RPC details to Metamask
Add BNB Chain RPC details to Metamask
Cronos to Binance Smart Chain Bridge

Author Bio

Serah is our Editor in Chief and was the first person to join the Buy Crypto Australia team. She is a digital & crypto native, having been in the space since 2015.

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