Wondering how to bridge tokens to Starknet? We’ve got you covered! In this guide, we will show you how to bridge tokens from various blockchains to Starknet with Rhino.fi, a robust service that allows users to transfers tokens between a wide range of supported networks with inexpensive fees and a user-friendly interface.
Supporting over 20 blockchains and numerous assets, Rhino.fi provides users a seamless solution for bridging crypto to Starknet’s L2 scaling platform. As a self-custodial bridge, the service also helps safeguard individuals’ funds with regular audits, ongoing bug bounty programs, and a lack of counterparty risks.
Key Takeaways
- Combining a self-custodial solution with inexpensive fees and a user-friendly interface, Rhino.fi is a top solution for bridging tokens to Starknet from different blockchains.
- Rhino.fi supports cross-chain transfers on over 20 blockchains, including Starknet, Ethereum, Arbitrum, Avalanche, Optimism, Polygon, and Tron.
- Rhino.fi charges both a service fee and a gas fee, depending on the source and destination blockchains, as well as the transfer amount.
What Is Starknet (STRK)?
Starknet is a Layer 2 (L2) blockchain with the goal to scale Ethereum.
It leverages off-chain computations via zk-STARK technology, an innovation introduced by the project’s team that utilizes a combination of sequencers and provers for validating transactions, creating a STARK proof, and formally recording the processed transactions on Ethereum’s mainnet. With zk-STARKs, Starknet scales Ethereum without compromising on security or decentralization.
Notably, Starknet allows developers to design apps with increased flexibility through Native Account Abstraction. At the same time, the platform’s unique programming language, Cairo, provides developers a way to innovate within Starknet’s ecosystem with enhanced accessibility.
How to Bridge Tokens to Starknet via Rhino.Fi?
Bridging tokens to Starknet via a self-custodial service like Rhino.fi enables users and developers to move their assets to the Layer 2 rollup from other blockchains without counterparty risks. Supporting over 20 blockchains, Rhino.fi features a total volume of over $2 billion, nearly 50 million transactions in total, more than 1 million accounts, and a transfer time of less than 60 seconds.
Follow the steps below to bridge your tokens to Starknet via Rhino.fi:
- Connect to Rhino.fi: Navigate to Rhino.fi’s app and connect your crypto wallet (e.g., MetaMask) to the bridge.
- Choose the Network & the Token: Pick an EVM-compatible source network and set Starknet as the destination chain. Then, choose the token for the transfer.
- Select the Token Amount: Enter the desired amount of tokens to bridge and proceed with clicking the ‘Approve’ button.
- Complete the Bridging: Follow the prompts displayed in your wallet to finalize the cross-chain asset transfer to Starknet.
How Much Does it Cost to Bridge Assets to Starknet?
When bridging assets via Rhino.fi to Starknet, users will encounter a variable service fee, which varies mostly by the asset amount. It’s important to also consider network-related gas fees that are influenced by the current level of activity on the blockchain, as well as the scalability and the throughput of the destination chain (Starknet in our example).
Since Starknet’s L2 chain is designed with speed and scalability in mind, users pay less in network fees than on blockchains with limited throughput (e.g., Bitcoin, Ethereum). So, you are expected to encounter lower gas fees when bridging tokens to Starknet via Rhino.fi.
Bottom Line
| Feature | Description |
| User Base | Over 1 million users |
| Transaction Volume | Exceeding $2 billion |
| Interface | User-friendly |
| Fees | Competitive pricing |
Rhino.fi offers a fine balance between cost, speed, and security for bridging tokens to Starknet. The platform supports a wide range of blockchains and tokens, as well as a user-friendly interface that makes it a suitable solution for beginners and veteran users alike.
Combined with Starknet’s high-throughput Layer 2 network, users can take advantage of Rhino.fi’s solution to bridge tokens to the L2 chain with fast and inexpensive transactions.
Frequently Asked Questions (FAQ)
Is it possible to bridge tokens to Starknet?
It is possible to transfer assets to Starknet from Ethereum and other blockchains.
To do that, utilize a reputable self-custodial service like Rhino.fi that is compatible with the Layer 2 chain, connect your wallet to the app, specify the source and destination networks, as well as the asset and the transfer amount, and initiate the transaction. As the last step, don’t forget to confirm it via your wallet!
What are the costs of transferring tokens to Starknet via bridges?
Bridges charge a combination of service and gas fees for moving tokens to Starknet from other blockchains. These costs can vary based on the source and destination chains, their scalability and throughput, the asset, and the transfer amount.
What is StarkGate’s role in asset transfers?
StarkGate is a bridge that enables users to transfer assets between Starknet and blockchains like Ethereum, Polygon, and Optimism.
Is there a direct bridge between Starknet and Arbitrum?
Yes, you can bridge tokens between Starknet and Arbitrum via services like StarkGate and Rhino.fi.
How to connect my wallet to the Starknet mainnet?
To connect your wallet to the Starknet mainnet, you must take the following steps:
1. Select a Starknet-compatible wallet.
2. Install and set up the wallet.
3. Connect the wallet to the network through the wallet’s interface. To do that, you should select “Starknet” from the list of networks or add it manually.
WRITTEN
Benjamin Vitaris
Seasoned crypto, DeFi, NFT and overall web3 content writer with 9+ years of experience. Published in Forbes, Entrepreneur, VentureBeat, IBTimes, CoinTelegraph and Hackernoon.
