Sharad Jaiswal
Product
3
min read
Apr 26, 2024
The world of DeFi is ever-expanding, offering a plethora of blockchains and ecosystems to explore. But navigating between these networks can be a challenge, especially when it comes to transferring your valuable crypto assets. Thankfully, innovative solutions like cross-chain bridges are here to simplify the process.
In this guide, we'll delve into bridging between Arbitrum, a popular Ethereum scaling solution, and Linea, a high-throughput blockchain platform. We'll also explore why tanX, a revolutionary cross-chain orderbook DEX (decentralised exchange), is the perfect tool for facilitating this transfer effortlessly.
Understanding Arbitrum and Linea
Arbitrum: A Layer 2 scaling solution built on top of Ethereum. It boasts faster transaction speeds and lower fees compared to the mainnet, making it an attractive option for DeFi users.
Linea: A high-throughput blockchain designed for scalability and security. It offers fast transaction processing and aims to foster a thriving ecosystem of decentralised applications.
Why Bridge Between Arbitrum and Linea?
There are several reasons why you might want to bridge your crypto assets between Arbitrum and Linea:
Access New Investment Opportunities: Linea might offer unique DeFi protocols or investment opportunities unavailable on Arbitrum.
Lower Transaction Fees: Linea could potentially offer even lower fees than Arbitrum for specific transactions.
Explore Diverse DeFi Offerings: Bridging expands your DeFi toolkit, allowing you to interact with a wider range of applications and services.
Introducing tanX: Your Bridge Between Worlds
While bridging can be a powerful tool, the process can sometimes be complex and involve interacting with multiple protocols. This is where tanX comes in.
tanX is a game-changer in the DeFi space. It's a cross-chain orderbook DEX that aims to revolutionise crypto trading by offering:
Instantaneous Swaps: Execute trades between various cryptocurrencies on different blockchains with lightning speed.
Gasless Transactions: Say goodbye to hefty gas fees! tanX facilitates trades without incurring gas costs.
Trustless Environment: No need to entrust your assets to a third party - tanX operates on a secure, decentralised infrastructure.
Seamless User Experience: The intuitive interface makes bridging and trading a breeze, even for beginners.
Why Use tanX for Bridging Between Arbitrum and Linea?
Here's why tanX is the ideal choice for bridging your assets between Arbitrum and Linea:
Simplified Bridging: tanX streamlines the entire process, eliminating the need for complex multi-step procedures.
Cost-Effective Transfers: Forget about gas fees! tanX enables gasless bridging, saving you money on every transaction.
Secure and Reliable: tanX prioritises security with its decentralised architecture, ensuring the safety of your assets.
Bridge from Arbitrum Network to Linea Network on tanX
First, you have to add your asset to tanX from your desired network. Here, we are taking the example of the Arbitrum network.
Step 1: Connect your wallet. tanX integrates with popular wallets like MetaMask and WalletConnect. To initiate the process, visit the tanX trade website and click on the "Connect Wallet" button. Select your preferred wallet provider from the available options.
Note: If this is the first time you are depositing from your wallet or if you haven’t set up a custom spend limit in Metamask, Metamask will ask you to set it up first, and then let you continue the process.
Step 2: Click on Wallet Section and click on Deposit.
Step 3: Select the Arbitrum network**,** choose the asset you want to deposit and verify yourself.
Step 4: Enter the amount you would like to deposit in the amount section. Click Confirm Deposit.
Step 5: Metamask will request your permission to transfer the funds, click Confirm.
Step 6: Congratulations! Your deposit has been initiated. There might be a waiting period for the transaction to be completed, and you will be notified via the notification icon in the top right corner.
Note: To check the status of your deposit, you can either click on Track Deposit or go to the History section from the left side menu and check under Deposits.
Step 7: Once you successfully deposit your asset from Arbitrum network, it’s time to bridge it to the Linea network.
Step 8: Log in to trade.tanx.fi, go to the Wallet section on the left side and click on Withdraw in the right corner of the screen.
Step 9: Choose Linea from the network list. If it is your first time withdrawing on tanX, a pop-up will appear guiding you through the process.
Step 10: Choose the asset you wish to withdraw. Enter the amount you would like to withdraw. Click Withdraw. Reconfirm the transaction in another pop-up. Note: Once you confirm a transaction, you can’t cancel it.
Step 11: The withdrawal has been initiated; please wait for the said duration. You will be notified once the withdrawal has been completed via the notification icon in the top right corner.
You have successfully bridged from Arbitrum to Linea. To check your withdrawal status, go to the History tab and check under Fast Withdrawals.
Sit Back and Relax!
Bridging between blockchains opens doors to a wider world of DeFi possibilities. With tanX, the process is not only seamless but also cost-effective and secure. So, ditch the complexities of traditional bridging methods and experience the future of DeFi with tanX. Bridge your funds from Arbitrum to Linea on tanX today.
Disclaimer: This blog post is intended for informational purposes only and should not be construed as financial advice. By following these steps, you should be able to seamlessly bridge from the Arbitrum Network to Mode network. tanX's innovative features and commitment to user experience make it a compelling choice for traders of all levels. With its secure, gasless environment, tanX empowers you to trade your digital assets with confidence. Please conduct your own research before making any investment decisions.
Get Started with trading on the world's leading insto DEX right away!