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How to bridge tokens to and from Arbitrum One

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How to bridge tokens to and from Arbitrum One

Getting started in the blockchain world can often be overwhelming, with the seemingly infinite number of networks, tokens, and protocols to remember and understand. Moving assets to and from Arbitrum One may seem complicated initially, but once the steps are broken down, navigating becomes much more manageable.

What is bridging?

Bridging is the process of moving cryptocurrency from one network to another. Since Arbitrum One is a Layer 2 network built on Ethereum, a bridge is required to transfer assets on and off the Arbitrum One chain. 

Bridges can be categorized into native bridges (such as the Arbitrum bridge) and third-party bridges, which sometimes provide faster and cheaper alternatives.

How do bridges work?

Using ETH as an example, when bridging ETH from Ethereum to Arbitrum One, the bridge locks the ETH on Ethereum and mints an equivalent amount of ETH on Arbitrum One. This ensures that individual tokens are not duplicated. 

How to Bridge Tokens to Arbitrum One

For this guide, we will use the Arbitrum Bridge as an example. 

A step-by-step walkthrough:

  1. Connect your wallet: Once you open the Arbitrum Bridge page, you will be prompted to connect your crypto wallet with the Arbitrum bridge.
  2. Choose token: After your wallet is connected to the Arbitrum Bridge, you will be able to choose which token to bridge (ETH, ARB, USDC, etc.) and the exact amount that you would like to bridge. 
  3. Paying Gas: Depending on which network you are bridging from, let's say Ethereum, gas fees will apply for this transaction. To save money, users are suggested to bridge at times when network fees are lower. 
  4. Transaction Confirmation: Assets will be available on Arbitrum One shortly after a transaction is confirmed. 

For users who want to bridge tokens from Arbitrum One back onto Ethereum, the process will be the same as above. However, please note that there is a seven-day delay in bridged tokens on Arbitrum One being sent back to the Ethereum mainnet.

Bridging tokens to and from Arbitrum One is relatively simple. Understanding the process makes it seamless, whether using the official bridge or a third-party service. If you are looking for additional information, a detailed guide can be found in the Arbitrum docs. 

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