HelpWallet
Bridge crypto in Status Wallet
FabioMorais87
and
on Sep 24, 2024

Status app is currently in beta stage
The Status app is currently in its beta stage. This means the application is still undergoing active development, and certain features described in this document may function differently or be unavailable within the app.

Some blockchains offer lower transaction fees than others. By bridging the same asset to a more cost-effective blockchain, you can perform transactions and interact with dApps at a lower cost. For example, if you have SNT on Mainnet, you can bridge it to Optimism.

tip
If you want to exchange your asset for a different one on the same blockchain, see Swap crypto in Status Wallet instead. If you are unsure, see Choose between bridging and swapping assets.

  • In Status Wallet, you can bridge your crypto across Ethereum Mainnet, Arbitrium and Optimism blockchains.
  • You can only bridge assets, not collectibles.
  • You need to pay a bridge fee, which is automatically deducted from the amount you're bridging. You pay the fee to the blockchains you're bridging between and the bridge service, not Status Wallet. For more details, check out About bridge and swap fees.

If you are unsure whether to bridge or swap assets, consider the following scenarios:

ScenarioOptionNotes
You want to use ETH on Arbitrum for lower fees.BridgingMove ETH from Ethereum to Arbitrum to access lower transaction costs and faster processing.
You hold ETH and want to trade it for Arbitrum's native token.SwappingTrade ETH for Arbitrum's native token directly using a decentralized exchange within the same blockchain.
You wish to access a dApp on Arbitrum that requires its native token.Bridging Bridge ETH from Ethereum to Arbitrum to interact with dApps not available on Ethereum.
You have ETH and need DAI to lend on a platform on Ethereum.SwappingSwap ETH for DAI directly on Ethereum to use in lending applications without leaving the network.
You want to diversify your crypto portfolio by converting some ETH to SNT.SwappingYou may swap to take advantage of the crypto price movements.

  1. 1
    From the tab bar, tap
    Wallet
    .
  2. 2
    Select the account that contains the crypto to bridge.
  3. 3
    Tap
    Bridge
    .
  4. 4
    Select the asset you want to bridge.
  5. 5
    Select the network you want to bridge to.
  6. 6
    Enter the amount to bridge.
  7. 7
    Double-check the details, then tap
    Review Bridge
    and
    Slide to bridge
    .
Updated by
cheny0on Sep 24, 2024
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