Bridge from Optimism to Scroll: Step-by-Step Guide

Bridge from Optimism to Scroll: Step-by-Step Guide

Bridge from Optimism to Scroll: Step-by-Step Guide

Sharad Jaiswal

Product

3

min read

May 7, 2024

The world of Layer 2 scaling solutions in the Ethereum ecosystem is brimming with innovation. Two prominent contenders are Optimism and Scroll, both offering faster transactions and lower fees compared to the Ethereum mainnet. But what if you hold assets on one network and want to leverage the other? That's where bridging comes in!


This blog dives into bridging between Optimism and Scroll, guiding you through the process step-by-step. We'll also explore why tanX, a revolutionary cross-chain orderbook DEX, is the perfect platform for this task.


Optimism vs. Scroll: A Brief Overview


  • Optimism: A popular Layer 2 scaling solution known for its optimistic rollup technology. It offers faster transaction processing and significantly reduced gas fees compared to the Ethereum mainnet.

  • Scroll: Another Layer 2 solution employing zk-SNARKs (zero-knowledge succinct non-interactive argument of knowledge) for scalability. This approach allows for extremely low transaction fees while maintaining security.


Why Bridge Between Optimism and Scroll?


There are several reasons why you might want to bridge your assets between these Layer 2 networks:

  • Access DeFi Opportunities: Both Optimism and Scroll boast thriving DeFi ecosystems with various lending, borrowing, and trading platforms. Bridging allows you to explore opportunities on the network that is the best fit for your needs.

  • Lower Transaction Fees: While both Optimism and Scroll offer significant fee reductions compared to the Ethereum mainnet, there can still be fluctuations. Bridging lets you take advantage of the network with the most competitive fees at a particular time.

  • Explore Different Token Utilities: Certain tokens might have unique functionalities specific to each network. Bridging allows you to interact with these functionalities on their native platform.


Introducing tanX: Your Trustless Bridging Partner


Now that you understand the benefits of bridging, let's explore why tanX is the ideal platform for this task. tanX is a game-changer in the DEX (decentralised exchange) landscape, offering a cross-chain orderbook experience unlike any other. Here's what makes tanX stand out:

  • Instant and Gasless: tanX facilitates bridging between Optimism and Scroll with near-instantaneous settlements and eliminates the burden of gas fees. This ensures a smooth and cost-effective experience.

  • Trustless Security: tanX leverages the power of blockchain technology, ensuring a trustless environment. You maintain complete control over your assets throughout the bridging process.

  • Seamless User Interface: tanX boasts a user-friendly interface, making bridging between networks an effortless task. The platform guides you through each step, ensuring a smooth experience for both seasoned crypto users and newcomers.


Bridge from Optimism to Scroll on tanX


First, you have to add your asset to tanX from your desired network. Here, we are taking the example of the OP 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 Optimism 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 have successfully deposited your asset from your Arbitrum network, it’s time to bridge it to Scroll.


  • 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 Scroll 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 the 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 Optimism to Scroll. To check your withdrawal status, go to the History tab and check under Fast Withdrawals.


Sit Back and Relax!

Bridging assets between Optimism and Scroll opens doors to exciting opportunities within the Layer 2 ecosystem. tanX, with its instant, gasless, and trustless bridging solution, empowers you to navigate this space seamlessly. So, the next time you need to move your assets between these networks, look no further than tanX!

Bridge your funds from Optimism to Scroll 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 Optimism to Scroll. 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!

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Frequently Asked Questions

What are the different types of withdrawals available on the platform and what are the fees charged?

What are the different types of withdrawals available on the platform and what are the fees charged?

What is the estimated time for withdrawal to complete?

What is the estimated time for withdrawal to complete?

Why do normal withdrawals require more time to be processed than I expected?

Why do normal withdrawals require more time to be processed than I expected?

Are tanX smart contracts audited?

Are tanX smart contracts audited?

Does tanX charge deposit fee?

Does tanX charge deposit fee?

Frequently Asked Questions

What are the different types of withdrawals available on the platform and what are the fees charged?

What is the estimated time for withdrawal to complete?

Why do normal withdrawals require more time to be processed than I expected?

Are tanX smart contracts audited?

Does tanX charge deposit fee?

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tanX helps you trade trustless without having to compromise on fees, swiftness, experience & liquidity.

© 2024 tanX.fi All rights reserved.

tanX helps you trade trustless without having to compromise on fees, swiftness, experience & liquidity.

© 2024 tanX.fi All rights reserved.

tanX helps you trade trustless without having to compromise on fees, swiftness, experience & liquidity.

© 2024 tanX.fi All rights reserved.