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 interested in transferring assets to zkSync, Rhino.fi offers a reliable solution that integrates well with this zk-based layer 2. With a track record of handling over $2.9 billion in transactions, Rhino.fi supports secure asset transfers across 17 blockchains, including zkSync.

One of the advantages of using Rhino.fi is its competitive fee structure. It charges a transaction fee of just 0.12%, which is notably lower than the typical 0.2% charged by other platforms, such as Stargate Finance and Synapse, providing a cost-effective choice for users.

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 zkSync

To move assets to zkSync, a zk-rollup Layer 2 solution on Ethereum, it's essential to choose a bridge that works well with zkSync's architecture. Rhino.fi, known for handling more than $2.9 billion in transactions, supports 17+ EVM-compatible networks, including Ethereum, Arbitrum and Base, making it a trusted name in the onchain economy.

Here’s how to transfer assets to zkSync using Rhino.fi:

  1. Visit Rhino.fi and link your cryptocurrency wallet (compatible with MetaMask, Rainbow, Wallet Connect).
  2. Select your originating network (like Ethereum, OKX) and choose zkSync as your destination.
  3. Specify the type and amount of asset you want to transfer.
  4. Click 'Bridge' and follow the instructions provided by your wallet to complete the process.

zkSync Bridging Fees

When moving assets to zkSync via Rhino.fi, understanding the fees involved is crucial. Rhino.fi charges a 0.12% transaction fee, which is lower than the common 0.2% seen on other platforms such as Stargate Finance and Synapse.

Additionally, gas fees affect the total cost. These fees vary depending on network traffic and the complexity of the transaction. Since zkSync operates on a zk-rollup Layer 2 network, gas fees are generally much lower, often under 1% of the costs on Ethereum, making transfers both efficient and economical.

How Does Bridging Work?

Transferring assets from networks like Ethereum to zkSync involves a precise technical procedure. Here’s a clear breakdown of how asset bridging to zkSync functions:

  • Choosing a Bridge: Start by selecting a cryptocurrency bridge such as Rhino.fi that supports interoperability with your initial blockchain (e.g., Ethereum) and zkSync, facilitating a smooth transfer.
  • Asset Security on the Initial Chain: Upon initiating the transfer, your assets are secured in a smart contract on the original blockchain, like Ethereum. This step ensures your assets remain protected during the transfer.
  • Token Issuance on zkSync: In response, zkSync issues an equivalent amount of tokens. This ensures you can continue to access and use your assets on the new network.
  • Security Checks: An essential aspect of this process is the verification by validators who confirm that the original assets are securely held and properly oversee the issuance of tokens on zkSync.
  • Reversing the Transfer: If necessary, you can revert the asset transfer back to the original blockchain following the same steps, at similar costs.

This systematic bridging method not only secures asset transfers but also enhances engagement with zkSync, leveraging its zk-rollup technology and EVM compatibility.

About zkSync

zkSync is a Layer-2 scaling solution for Ethereum that uses zero-knowledge proofs to increase transaction capabilities while maintaining Ethereum's core values like decentralization and security. Its goal is hyperscalability, aiming to process unlimited transactions without affecting security or cost. The platform is a response to growing demands for Ethereum to scale effectively and securely as part of web3 development.

zkSync

Bottom Line

For those looking to bridge assets to zkSync, the process is designed to be straightforward and cost-effective. Start by linking your wallet on a compatible platform, choose your originating network, and set zkSync as your destination. Specify the asset and amount, then proceed with the transfer. Among available options, Rhino.fi stands out due to its low transaction fee of 0.12% and reduced gas costs on the zkSync Layer-2 network, offering a low fee solution for users.

Author

Richard Zhang, the founder of StacksOnChain, comes with a rich history in finance and a background as a High-Frequency Trading engineer and computer science scholar. With over a decade in the industry, he fervently advocates decentralized financial systems, imparting his extensive knowledge to a global readership.

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