Bitcoin
BTC
$
00000.00
-0.00%
Ethereum
ETH
$
00000.00
-0.00%
Solana
SOL
$
00000.00
-0.00%
XRP
XRP
$
00000.00
-0.00%
Dogecoin
DOGE
$
00000.00
-0.00%
ChainLink
LINK
$
00000.00
-0.00%
Binance Coin
BNB
$
00000.00
-0.00%
Cardano
ADA
$
00000.00
-0.00%
Litecoin
LTC
$
00000.00
-0.00%
Ordinals
ORDI
$
00000.00
-0.00%
Polygon
MATIC
$
00000.00
-0.00%
Optimism
OP
$
00000.00
-0.00%
Arbitrum
ARB
$
00000.00
-0.00%
Polkadot
DOT
$
00000.00
-0.00%
Avalanche
AVAX
$
00000.00
-0.00%
Sui
SUI
$
00000.00
-0.00%
Ethereum Classic
ETC
$
00000.00
-0.00%
FileCoin
FIL
$
00000.00
-0.00%
Celestia 
TIA
$
00000.00
-0.00%
Injective
INJ
$
00000.00
-0.00%

Key Takeaway

For those looking to transfer assets to Scroll, Rhino.fi is a trustworthy option, seamlessly integrating with the layer 2 network. With a history of managing over $2.9 billion in transactions, the platform facilitates secure asset transfers across 17 blockchains.

One of Rhino.fi's key benefits is its attractive fee structure with a transaction fee of 0.12%, which is significantly lower than the usual 0.2% charged by other platforms like Stargate Finance.

Rhino.fi
Rhino.fi

This review and rating adhere to our editorial policy and the the research methodology of StacksOnChain analysts, guaranteeing the accuracy and reliability of our reports.

Rating
9.7

Supported Chains

Ethereum, Arbitrum, Avalanche, Base & 16 more.

Supported Assets

ETH, USDC, USDT, BNB, DAI & more.

How to Bridge to Scroll

To move assets to Scroll, an advanced Layer 2 solution on Ethereum, it's important to select a cross-chain bridge that is compatible with EVM chains. Rhino.fi is our recommended option as it supports direct bridging between 17 networks with almost instant transaction speeds. Users can send several tokens to Scroll, such as USDT, USDC, ETH, BNB and MATIC.

Here’s a guide to transferring assets to Scroll using Rhino.fi:

  1. Visit the Rhino.fi website and link your cryptocurrency wallet like MetaMask, Rainbow or Wallet Connect.
  2. Choose the network you are transferring assets from (such as Ethereum) and set Scroll as your destination network.
  3. Select your desired token and input the amount you wish to send.
  4. Click on the 'Bridge' button and follow the wallet instructions to complete your transaction.

Scroll Bridging Fee

When transferring assets to Scroll through cross-chain bridging platforms, it’s essential to understand the associated fees. Rhino.fi imposes a transaction fee of just 0.12%, which is significantly lower than the industry average of 0.2% fee.

In addition to transaction fees, gas fees also play a role in the overall cost. These can fluctuate based on network traffic and the complexity of your transaction. Given that Scroll operates on a Layer 2 rollup network, gas fees tend to be considerably lower, often under 1% of what you would typically pay on Ethereum. 

How Does Scroll Bridging Work?

Transferring assets from networks like Ethereum to Scroll involves a detailed technical process. Here’s a clear overview of how asset bridging to Scroll operates:

  • Choosing a Bridge: Begin by selecting a trustworthy cryptocurrency bridge like Rhino.fi that supports interoperability between your primary blockchain (e.g., Ethereum) and Scroll. 
  • Asset Security on the Initial Chain: Once you initiate the transfer, your assets are locked in a smart contract on the original blockchain, such as Ethereum. This step guarantees that your assets remain secure throughout the transfer process.
  • Token Issuance on Scroll: Scroll then issues an equivalent amount of tokens on its network. This step allows you to access and use your assets seamlessly on the new Layer 2 network.
  • Security Checks: A key part of this process involves verification by validators. They confirm that the assets on the original blockchain are securely held and correctly manage the issuance of tokens on Scroll.
  • Reversing the Transfer: If you need to move your assets back to the original blockchain, you can reverse the transfer by following similar steps and incurring comparable costs.

This systematic bridging method ensures secure asset transfers while enhancing the experience on Scroll, utilizing its Layer 2 rollup technology and compatibility with Ethereum's Virtual Machine (EVM).

About Scroll

Scroll is a Layer 2 blockchain solution that enhances Ethereum's scalability and performance. Leveraging zero-knowledge proof technology, it offers seamless compatibility with Ethereum's Virtual Machine (EVM), allowing for easy migration of existing Ethereum apps. Scroll's focus on open-source development, collective vision, and rigorous security measures aims to offer an efficient and affordable environment for developers and users.

Closing Thoughts

For those considering asset transfers to Scroll, Rhino.fi presents an affordable solution, with a proven track record of secure operations and lower fees. With easy steps to bridge, competitive fees, and efficient gas costs, Rhino.fi provides a seamless bridging experience. Scroll's advanced Layer 2 technology enriches the user experience and ensures smooth transitions for your tokens.

Author

Nick Ng is a skilled analyst at StacksOnChain with expertise in both cryptocurrencies and traditional finance. His research offer valuable insights into market trends and investment opportunities for readers.

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