bridge-to-linea-network

Bridge to Linea Network: Step-by-Step Guide

Bridge to Linea Network: Step-by-Step Guide

Sharad Jaiswal

Product

3

min read

Mar 19, 2024

Have you ever felt frustrated by sluggish transaction speeds and exorbitant gas fees on the Ethereum network? If so, you're not alone. Thankfully, innovative Layer 2 scaling solutions like Linea Network are emerging to address these limitations and propel the future of decentralised finance (DeFi).

In this blog post, we'll delve into Linea Network, a next-generation zkEVM Layer 2 chain, and guide you through the seamless process of bridging your assets to this high-performance network. Buckle up, DeFi enthusiasts, as we prepare to unlock a world of instant, secure, and gasless transactions!


What is Linea Network?

Linea Network stands as a pioneering zkEVM Layer 2 scaling solution designed to streamline the Ethereum experience. By leveraging zero-knowledge proofs (zk-SNARKs), Linea achieves scalability without compromising security. This translates to significantly faster transaction processing times and negligible gas fees for users.

Think of Linea Network as a smooth highway built upon the Ethereum blockchain. It inherits the security of the Ethereum mainnet while offering a much faster and cheaper lane for everyday transactions.


Why Bridge to Linea Network?

Here are some compelling reasons to consider bridging your assets to Linea Network:

  • Lightning-Fast Transactions: Say goodbye to agonising wait times! Linea Network boasts blazing-fast transaction speeds, enabling you to execute trades and interact with DeFi applications near instantaneously.

  • Minimal Gas Fees: Gone are the days of hefty gas fees eating into your profits. Linea Network significantly reduces transaction fees, making DeFi participation more accessible and cost-effective.

  • Enhanced Security: Linea Network inherits the robust security of the Ethereum blockchain, ensuring the safety of your bridged assets.

  • Flourishing DeFi Ecosystem: Linea Network is fostering a burgeoning DeFi ecosystem with various decentralised applications (dApps) being actively developed.


Bridge Linea Network on tanX


First, you have to add your asset to tanX from your desired network. Here, we’re taking the example of the Ethereum Network.

  • Step 1: Connect your Ethereum wallet: tanX integrates with popular Ethereum 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 it 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 ‘Ethereum**’** under Networks and ‘Tether’ under Assets to deposit and enter the amount you would like to deposit in the amount section. Click Confirm ETH Deposit.


    Note- You can deposit any asset in this step; Tether is just an example.


  • Step 4: Metamask will ask your permission to transfer the funds, click Confirm.


  • Step 5: 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 6: Once you successfully deposit your asset from your desired network, it’s time to bridge it to Linea Network.


  • Step 7: 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 8: 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 9: 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 10: 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 to Linea Network. To check your withdrawal status, go to the History tab and check under Fast Withdrawals.


Unleash the Power of Linea


Linea Network presents a compelling solution for those seeking to escape the constraints of the Ethereum mainnet. With its lightning-fast transactions, minimal gas fees, and robust security, Linea Network ushers in a new era of DeFi experiences.

By following the outlined steps, you can effortlessly bridge your assets to Linea Network and unlock a world of possibilities within this burgeoning DeFi ecosystem. So, what are you waiting for? Dive into the future of DeFi and unleash the power of Linea Network 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 Linea network your wallet. tanX's innovative features and commitment to user experience make it a compelling choice for traders of all levels. With its secure, gas-fee-free 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 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.