How to bridge cryptos

This guide shows you how to use our service to bridge cryptocurrencies across the different chains that we support.

Clock icon5 minutes|Yann Gerardi|Published 2024-06-21

Table of contents

  1. Introduction
  2. Supported chains
  3. Fees
  4. Step-by-step tutorial
  5. FAQ

Introduction

The crypto space is composed of many different blockchain networks, with each one having its own ecosystem, features and particularities. Moving funds from one chain to the other is getting increasingly common, as users explore different services and opportunities.

While bridging cryptocurrencies sounds easy in principle, it can quickly get complicated in practice. That's why we have developed our own bridging service to offer the simplest way possible to transfer funds from one chain to the other, and we show you below how it works.

Supported chains

When using our bridge service, you can move cryptocurrencies between the following networks using any of your self-custodial wallets:

Fees

The cost of bridging cryptocurrencies between two chains is simple: a small percentage is taken on the amount of funds being transferred. In our case, this fee is 0.5%.

Please note that we have an exception for bridging USDC across networks, which only costs 0.1%.

More info on our pricing page >

Step-by-step tutorial

  1. Go to our bridge interface

    You can access our bridge interface on our website here or through any other partner website.

    Mt Pelerin crypto bridge widget
  2. Choose your bridge transaction

    Choose the following things:

    • The crypto you'd like to send
    • From which chain you want to send it
    • The crypto you'd like to receive
    • The chain on which you'd like to receive it

    Then, click the green "Swap" button to continue.

    Mt Pelerin crypto bridge widget - Swap selection
  3. Register or login

    All you need to register is an email address and one of these authentication methods:

    • SMS: you will need to provide a phone number and confirm it with an SMS code.
    • Wallet signature: Download Bridge Wallet, create or restore a wallet, then go in Settings > My profile > Register and choose the signature option. You can then use the "Login with Bridge Wallet" option here.

    If you already have a profile with us, login with one of the methods available to continue.

    For this example, we choose the SMS option.

  4. SMS code confirmation

    Enter the code that you have received by SMS. If you haven't received any, you can ask for a new one after the timer cooldown.

    Mt Pelerin crypto bridge widget - SMS confirmation
  5. Email

    Enter an email address, where you will receive notification emails about your transactions.

    Mt Pelerin crypto bridge widget - Email address
  6. Registered

    You will see here your profile status and your buy/sell/swap volume limits. Click "Next" to continue.

    Mt Pelerin crypto bridge widget - Registered
  7. Sending address

    Choose one of the available options to connect a wallet and choose the address that will send the crypto.

    If you already have a profile with us, you will be able to choose one of the wallet addresses that are linked to your profile, or add a new one.

  8. Receiving address

    Choose one of the available options to connect a wallet and choose the address on which you will receive your crypto. See here for a detailed tutorial.

    If you already have a profile with us, you will be able to choose one of the wallet addresses that are linked to your profile, or add a new one.

  9. Crypto transfer

    Send your crypto to our wallet address, using one of the methods available here.

    ⚠️ You must send crypto from the wallet that you have selected at step 7.

    ⚠️ You must send crypto from the blockchain that you have selected at step 2.

    Once we will have received your crypto, you will receive a notification email to confirm it (please note that it can take several hours to be sent).

    After that, we'll proceed to convert your funds into the chosen cryptocurrency. You will receive a second notification email with the detail of your transaction as soon as your funds will have been delivered on your wallet.

    Mt Pelerin crypto bridge widget - Crypto transfer

FAQ

What is a crypto bridge?

A bridge is a service that helps you move cryptocurrencies across different blockchains. To use a bridge, you connect your wallet to it, you send it funds from blockchain A and it sends you back funds on blockchain B.

How does a crypto bridge work?

The mechanism of a bridge is quite simple, when it receives from a user a given crypto on a given network, it locks it (or even destroys it) and unlocks or mints the desired cryptocurrency on the target blockchain and sends it to the user's wallet on that chain, minus a transaction fee.

Yann Gerardi photo

About the author

Yann Gerardi

Yann is the head of marketing of Mt Pelerin. He fell down the rabbit hole of crypto at the end of 2017, when he joined the assembling team that would give birth to Mt Pelerin.

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