The Avalanche Blockchain and its network usage is growing fast and new dApps are being launched every other day. In this article we will explain how you can transfer ETH or other ERC-20 Tokens from Ethereum to Avalanche using the Avalanche Bridge.
Choose your wallet
You have to decide which wallet you are going to use. The Avalanche Bridge supports MetaMask, the Coinbase Wallet and WalletConnect.
Note: Currently, there is a bug in the MetaMask mobile app that affects bridge transaction. If you choose to bridge via MetaMask this is only possible on a desktop device.
Connect your wallet
In this case we connected with our MetaMask wallet via desktop. Make sure you are connected to the right network. While you should have installed both networks (Ethereum & Avalanche) in your MetaMask wallet, the selected network has to be the outgoing network. Since we want to bridge from the Ethereum Blockchain to Avalanche, the selected network is Ethereum Mainnet.
Users will currently receive an AVAX airdrop upon transferring more than $75 worth of tokens from Ethereum to Avalanche.
Select the token you want to bridge
Select the token you want to bridge from the dropdown. Then enter the amount you want to bridge of the chosen token. Also make sure you have enough funds to cover the gas fees.
Click on transfer and wait for the transaction to complete. The transaction has to be validated on Ethereum and also on the Avalanche Blockchain (happens automated). This will take 10-15 minutes.
Once the transaction is complete, you will have the tokens on the Avalanche Blockchain.
How do you convert ETH to AVAX?
The easiest way of converting ETH to AVAX is to use a centralized exchange like Kucoin, Coinbase or Binance.
If you do not want to use a centralized exchange you can use a bridge to get your funds from Ethereum to Avalanche.
The transaction fee on a centralized exchange could be less than the Ethereum gas fee on the bridge route if you already have your ETH on the exchange.