Summary: To bridge assets to Merlin Chain's Bitcoin Layer 2 network, users can utilize the secure and reliable Orbiter Finance bridging platform.
Orbiter Finance enables the transfer of cryptocurrencies like ETH, BTC, and USDT from networks including Bitcoin, Ethereum, Arbitrum, Base, and other EVM-compatible networks directly to Merlin Chain.
Can I Bridge to Merlin Chain?
Yes, you can transfer assets to the Merlin Chain network using its cross-chain bridge. This enables moving cryptocurrencies like ETH, BTC, and USDT to Merlin Chain with wallets like MetaMask. Merlin Chain uses Bitcoin's Taproot and zero-knowledge proofs for security. Its compatibility with the Ethereum Virtual Machine (EVM) ensures efficient and secure bridging options.
How to Bridge to Merlin Chain
For secure asset transfers to Merlin Chain, Orbiter Finance is the most popular choice. This trusted bridge supports transfers from Ethereum, Arbitrum, Base, BOB and other EVM-compatible networks directly to Merlin Chain, accommodating various user needs. Orbiter Finance integrates seamlessly with popular wallets like MetaMask and Coinbase, ensuring ease of use.
Here’s how to use Orbiter Finance to bridge to Merlin Chain:
- Access Orbiter Finance: Go to the official Orbiter Finance website and connect your preferred Web3-compatible wallet.
- Select Chain and Asset: Choose your source network and set Merlin Chain as your destination. Then, select the cryptocurrency you wish to transfer.
- Initiate Transfer: Enter the amount to bridge and click 'Approve' to authorize the transaction.
- Complete the Transfer: Follow the wallet prompts to finalize the asset transfer securely.
What are the Fees?
When transferring assets to Merlin Chain via Orbiter Finance, understanding the associated fees is crucial. Orbiter Finance charges a 0.03% service fee, plus standard network gas fees, ensuring transparency.
The cost to bridge assets from networks like Ethereum, Arbitrum, and Base to Merlin Chain varies due to network gas fees. For instance, a transfer from Ethereum might cost up to $20, while a transfer from a layer 2 network like Arbitrum could be under $2 per transaction.
About Merlin Chain
Merlin Chain is a Bitcoin Layer 2 network integrating ZK-Rollup technology, decentralized oracles, and on-chain fraud proof modules. It enhances Bitcoin's native assets and protocols with low fees, high scalability, and secure verification through zero-knowledge proofs. Supporting Bitcoin protocols like BRC20 and Atomicals, Merlin Chain fosters innovation and community-driven projects. Its EVM compatibility expands Bitcoin Layer 1 capabilities, making it an efficient platform for decentralized applications.
Bottom Line
In summary, bridging assets to Merlin Chain is a secure and efficient process facilitated by Orbiter Finance, which supports transfers from multiple EVM-compatible networks. With its advanced security features and low fees, Merlin Chain offers a robust platform for enhancing Bitcoin's native assets and protocols.