How to get funds from other chains (Bridge)

Bridge tokens on Fantom blockchain from other chains

Have tokens on other chains but would like to transfer them to Fantom? You can do this through platforms such as spooky.fi or anyswap.exchange. A complete list of bridging platforms can be found on the Fantom foundation website. Their service supports moving tokens from many blockchains such as Ethereum, BSC, Arbitrum, Avalanche, or Polygon to Fantom and vice versa.

What are bridges

In short, bridges allow users to take assets from one blockchain and move them onto another chain where they are not native. For example, the Bitcoin-Ethereum bridge allows user to move BTC from the Bitcoin network onto the Ethereum network, making it possible for your BTC to interact with the entire world of DeFi on Ethereum. For instance, this would allow you to use a decentralized exchange (DEX) to buy ChainLink, an erc20 token native to the Ethereum network, with Bitcoin, which is not native to the Ethereum network. As another example, it would allow you to lend your BTC on Aave, an Ethereum-based lending protocol.

Before bridges, there was no possible way for assets on one blockchain to interact with another blockchain. Each network was isolated.

Example: How to bridge from Binance Smart Chain to Fantom

Step 1: Go to anyswap.exchange and choose Router on the left hand side

Step 2: Connect your wallet

Step 3: Choose correct networks - From BSC mainnet to FTM mainnet

Step 4: Choose the token you wish to bridge and click the Swap button

How to acquire FTM token through Elk.Finance

Elk.finance allows users to swap its native ELK token for any token native to various blockchains (BNB, ETH, FTM, MATIC, AVAX...) and simultaneously bridge that token to the chain of your choosing and deposits them in your wallet. Follow the instructions on how to do this.

1. Buy ELK token on elk.finance swap

2. Click on ElkNet in the top left corner or follow this link​

3. Choose the blockchain for which you want to receive the native token. If you need FTM, choose Fantom network and you will receive FTM in your wallet on Fantom Opera network.