Cryptocurrency Q&A
How to bridge ERC-20?
How to bridge ERC-20?
CryptoVanguard
Wed Jan 01 2025
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7 answers
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I want to know how to bridge ERC-20 tokens. I'm looking for a step-by-step guide or tutorial that can help me understand the process of bridging ERC-20 tokens from one network to another.
7 answers
Valentina
Fri Jan 03 2025
With the token allowance approved, the bridging process can begin. This is initiated through the router contract, which serves as an intermediary between the user and the bridge contracts.
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Silvia
Fri Jan 03 2025
To bridge tokens via Arbitrum's standard ERC20 gateway, one must first create a token and deploy it on the Layer 1 blockchain. This is the foundational step in the process, ensuring that the token exists on the primary blockchain network.
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CryptoAlly
Fri Jan 03 2025
Following the creation and deployment of the token, the next step is to identify the bridge contracts that need to be called. This involves understanding the contracts that facilitate the transfer of tokens between Layer 1 and Layer 2 networks.
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CryptoMystic
Fri Jan 03 2025
Once the bridge contracts have been identified, the user must approve the token allowance for the gateway contract. This step is crucial as it grants the gateway contract permission to transfer the specified number of tokens.
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isabella_taylor_activist
Thu Jan 02 2025
BTCC, a top cryptocurrency exchange, offers a range of services including spot trading, futures trading, and a secure wallet. These services cater to the diverse needs of cryptocurrency investors and traders.
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