💰Funding Your Wallet
Bridging Your Assets to Arbitrum with the Arbitrum Bridge Arbitrum is supported by various dApps, including Aave, 1Inch, Curve, SushiSwap, Uniswap, and more. However, it's important to note that Arbitrum does not have a native currency, and all transaction fees are paid using ETH. To use dApps on Arbitrum, you must deposit some ETH into the Arbitrum network as gas fees. Here's how you can do it:
Depositing Assets to Arbitrum To move ETH, ERC-20, ERC-721, ERC-1155, or any other Ethereum tokens to Arbitrum, follow these steps:
Step 1: Connect Your MetaMask Wallet to the Arbitrum Bridge
Visit the Arbitrum Bridge and click the MetaMask icon to connect your wallet. Ensure that your default network is the Ethereum Mainnet.
After confirming the connection request on your MetaMask account, the bridge automatically fetches your asset balances on Ethereum. Your Ethereum assets are displayed as Layer 1 balances, and the bridged assets on Arbitrum are displayed as Layer 2 balances.
Step 2: Choose the Assets You Want to Bridge Select the token and amount you want to bridge and click "Move funds to Arbitrum One." Follow the MetaMask prompts and wait for the transactions to be confirmed on the blockchain. You will incur transaction charges for using the Ethereum network. That's it! You have now successfully bridged your assets to Arbitrum and can interact with various Arbitrum dApps.
Withdrawing Assets from Arbitrum If you want to withdraw your assets from Arbitrum (L2) to Ethereum (L1), simply follow the depositing steps in reverse: Visit the Arbitrage Bridge and connect your MetaMask account to Arbitrum. Change your sender network to Arbitrum (From: Arbitrum One) and your recipient network to Ethereum (To: Mainnet). Select the token and amount you want to withdraw from Arbitrum. Follow the MetaMask prompts and ensure you have some ETH to use as gas fees.
That's it!
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