cBridge is a cross-chain token bridging with deep liquidity for users. It is highly efficient and easy-to-use liquidity management for both cBridge node operators and Liquidity Providers who do not want to operate cBridge nodes. It has general message bridging for cases like cross-chain DEX and NFTs. All of the above is made possible by extending the existing functionality and services provided by the Celer State Guardian Network (SGN) powered by validators and stakers in the system with value capture. Currently, Celer Bridge charges a bridging fee of 0.1% of total you going to bridge. Base Fee is used to cover the gas cost for sending your transfer on the destination chain. Liquidity Fee is paid to cBridge LPs and Celer SGN stakers as economic incentives.
Buying Bitcoin Without Fees from Strike App
Secondly, In order to participate, you need to buy Crypto from fiat. I show you one of two ways Buying Bitcoin Without Fees is using the Strike App.
You can buy Bitcoin from Strike App without any fees. You heard it right-- there is no fees to buy Bitcoin with fiat (in my case USD) in Strike app. I will provide links below to Strike App signup if you do not have one. Strike App you need to do KYC (Know-Your-Customer) with government issued ID. There is no miner fees to send Bitcoin on Strike App due it's use of Bitcoin Lightning Network. There is a weekly limit of $2000 to purchase bitcoins. I love it because it allows me to invest my weekly Starbucks spending few hundred dollars into Crypto Defi platform for higher yields. I will provide a strike signup link below if you do not have one.
Buying Bitcoin Without Fees from Robinhood Wallet
I show you second way to Buy Bitcoin Without Fees is using the Robinhood wallet.
As of recently, you can buy Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), DOGEcoin (DOGE), Litecoin (LTC), Bitcoin SV(BSV), Ethereum Classic (ETC) from Robinhood without fees directly from linked bank account and transfer out to external crypto wallet. You need to get a Robinhood crypto wallet. This is different from regular Robinhood stock investing account. I will provide a robinhood sign up link if you do not have Robinhood crypto wallet account. Great advantage of Robinhood crypto wallet is there is no fees to buy any of those cryptocurrencies. Also withdrawal fees are none existent compare to Coinbase and Binance exchanges. I hate withdrawal fees from Coinbase and Binance. It eats up to my purchases when I am little investor trying to put my weekly coffee money into a long term savings.
Bridging USDC from Fantom to Astra Network using Celer Bridge
Finally, I will show you how to bridge USDC from Fantom network to Astra Network using my Metamask wallet. You can similarly bridge from BNB, Avalanche, Polygon, Arbitrum, Flow, Oasis, Metis, Celo, Heco, Clover, Ape Chain, OKXChain, Moonbeam, Conflux, Crab Smart Chain, Kava, REI Network, Shiden, Kava EVM Co-Chain, SX Network, Swimmer Network, PlatON, Gnosis Chain, Conflux, Aurora, Harmony, Moonriver, Optimism, Boba, Evmos, Milkomede Cardano and Milkomeda Cardano networks as well. Most commondly bridge token is USDC and or USDT. Head to the Celler Network Bridge and connect your MetaMask wallet to the Fantom network. You can bridge USDT and USDC separately, or send either and do the swap on ArthSwap. Currently, supported assets are wETH, wBTC, USDT and USDC.
Gas fees on the Astar Network are paid in ASTR and you’ll receive 0.005 ASTR when you bridge assets for the first time. If you need more, ArthSwap has published a guide to using the ASTR Faucet.
After approving. I had to hit refresh to see the transfer button. Then click on Transfer Button. Final time pay with FTM gas to confirm the transfer of assets. Wait 5-20 minute for funds to appear on Astra network. I could not find USDC astra network token address. So, I went to Portal.astra.netwrok and click on assets. I click Plus button next to USDC to add USDC token to Metamask Astra wallet. Now, I can see my 103.532. Celler bridge only charge me $0.04 to transfer out $100 worth of USDC from Fantom network. Also fact that I got free 0.005 ASTR token airdrop it is worth the bridging.
Time Stamp:
00:00 Introduction Celer Brige
00:47 Buying Bitcoin Without Fees from Strike App
01:36 Buying Bitcoin Without Fees from Robinhood Wallet
02:37 Bridging USDC from Fantom to Astra Network using Celler Bridge
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#cryptobridge #cryptocurrency #blockchain #crytotrading #Bitcoin #defi #NFT #cryptowallet