In the Status app, you can bridge or swap crypto assets. When you bridge, you transfer assets between different blockchains. For example, you can move USDS from Ethereum to Optimism using a bridge. In a swap, you exchange one cryptocurrency for another. For example, you can swap USDS for SNT.
Here are some scenarios you can encounter when deciding whether to bridge or swap crypto assets.
| Example scenario | Option | Notes |
|---|---|---|
| You want to use ETH on Arbitrum for lower fees | Bridge | Move ETH from Ethereum to Arbitrum to access lower transaction fees and faster processing |
| You hold ETH and want to change it for Arbitrum's native token | Bridge and swap | Bridge ETH from the Ethereum blockchain to the Arbitrum blockchain, then swap it for ARB (Arbitrum's native token) on a decentralized exchange on Arbitrum |
| You hold ETH and wish to access a dApp on Arbitrum that requires its native token | Bridge | Bridge ETH from Ethereum to Arbitrum to interact with dApps not available on Ethereum |
| You hold ETH and need USDS to operate on a lending platform on Ethereum | Swap | Swap ETH for USDS directly on Ethereum to use in the lending platform |
| You want to diversify your crypto portfolio by converting some ETH to SNT | Swap | Swap ETH for SNT directly on the Ethereum blockchain |
