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Bridging ERC-20 Assets to the Bitcoin Ecosystem: A Step-by-Step Guide

Bridging ERC-20 Assets to the Bitcoin Ecosystem: A Step-by-Step Guide

How to Bridge Your ERC-20 Assets to the Bitcoin Ecosystem

The Bitcoin ecosystem has experienced significant growth in recent years, with the emergence of BRC-20 tokens following the introduction of Ordinals and Inscriptions. Many users are now looking to bring liquidity from EVM blockchains to Bitcoin for increased profitability. In this guide, we will show you how to bridge your ERC-20 assets to the Bitcoin ecosystem.

Step #1 – Connect Your Two Wallets

In order to bring your ERC-20 assets to the Bitcoin blockchain, you must first connect your two wallets to the bridge. To do this, visit XLINK’s bridge platform and click on the “Wallet Manager” button. From there, connect your Stacks chain wallet and your Metamask wallet. Note that XLINK supports five Stack chain wallets: Leather, Xverse, Xverse Mobile, OKX, and Asigna.

Step #2 – Pick Your Source EVM Chain

Next, you need to choose the EVM chain from which your ERC-20 assets originate. Currently, there are two options available: Ethereum and BNB Chain. However, more options may be added by the XLINK bridge in the future.

Step #3 – Select Your Tokens to Bridge

To bridge your ERC-20 assets to the Bitcoin network, you need to select the tokens you wish to bridge. The XLINK bridge currently supports four tokens: $USDT, $LUNR, $WBTC, and $BTCB. Simply click on the down arrow beside the token symbol under the “From” tab and choose the desired token from the menu. Then specify the amount of the token you want to bridge and confirm the transaction.

Step #4 – Track Your Bridging History

To keep track of your bridging history, click on the “History” button at the top right-hand side of the screen. This will allow you to view your history under the “EVM Bridge” tab.

Conclusion

That concludes our bridging guide. As you can see, it’s a straightforward process to bring your ERC-20 assets to the Bitcoin ecosystem. Don’t miss out on the BRC-20 hype train – start bridging today!

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This content is aimed at sharing knowledge, it's not a direct proposal to transact, nor a prompt to engage in offers. Lolacoin.org doesn't provide expert advice regarding finance, tax, or legal matters. Caveat emptor applies when you utilize any products, services, or materials described in this post. In every interpretation of the law, either directly or by virtue of any negligence, neither our team nor the poster bears responsibility for any detriment or loss resulting. Dive into the details on Critical Disclaimers and Risk Disclosures.

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Bridging ERC-20 Assets to the Bitcoin Ecosystem: A Step-by-Step Guide