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Bridging USDC from Ethereum to Native USDC (BASE)
As a USDC holder on a blockchaine Ethereum, you are probably aware of the various bridge options that are available to transfer tokens to other platforms. However, not all bridges equipment access to the native version of the USDC on the L2 base. The USDC (Base) without using the USDBC option.
Why Bridge?
Before Some potential reasons include:
* Improved liquidity : You will have access to the wider range of business couples and potentially more market creators.
* Increased Token Value : Some holders may believe that the native version of the USDC will seek the value.
* Simplified withdrawals : Bridging Can Simplify the USDC Withdrawal Process to L2 Base, as you will no longer have to worries about bridging fees.
Bridge Options
Several Bridge Options are available for Ethereum-USDC Transactions. However, not all bridges equipment access to l2 base. Some Popular Options Include:
* Curve (A.K.A. Curve Finance) :
* Dydx : Dydx is another popular bridge that supports USDC selections at L2 base, albeit with some warnings.
Bridge Fees
When bridging from Ethereum to l2 base, you will probably be fee. These fees may vary depending on the bridge and specific transaction. Some Common Fees Include:
* USDC-TO-USDC (Non-Most) Fees
: Typically approximately 0.5% to 1% of the transaction value.
* Bridge fee : depending on the bridge, it is between 1% to 2% of the transaction value.
Starting
Following Steps to Bridge Your USDC From Ethereum to L2 Base Without Using The USDBC
1.
- Select the required bridge (curve or dydx).
- Select “Withdraw” option for USDC to L2 Base.
- Review the transaction -related fees.
- Confirm the selection.
Conclusion
Burning Ethereum-USDC Tokens on the L2 base can be a convenient way to access more liquidity and potentially higher tokens. However Always Prefer Safety and Ensure that you use the bridges to avoid potential risks or problems.
More Tips
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