Bridge WBTC from Polygon to Ethereum (2024)

FAQs

How do I bridge WBTC from Polygon to ETH? ›

Select Polygon as the network you want to transfer from and WBTC as the token needed. Connect your wallet to the bridge by clicking on the 'Connect Wallet' button. Select Ethereum as the network receiving the transmission, enter the amount of WBTC you want to convert and confirm the transaction.

Wormhole. Known as the best Polygon to ETH bridge, Wormhole platform is not a cross-chain bridge itself. It is a messaging protocol that supports development and operations of on-chain bridge systems between heterogeneous decentralized networks.

Plasma provides advanced security with the plasma exit mechanism so the transfer of your crypto assets from Polygon to Ethereum will take at least ~45 mins and almost ~3 hours.

Bridging Polygon (MATIC) ERC-20 tokens to Ethereum (ETH) is a process that allows users to move assets freely between the Ethereum (ETH) and the MATIC ecosystem.

The cheapest way to bridge USDT from Polygon to Ethereum is by using the bridge mechanism that connects the two different blockchain networks, allowing assets to be transferred from one network to another through the process of wrapping and unwrapping.

Polygon to Ethereum bridge fees

However, using the bridges mentioned before as an example, the gas fees of Matic Bridge can go from $42 to $200 while in Hop Protocol it's around 0.04% of the total transaction. In order to reduce these fees, you could optimize the transaction time.

The Polygon Bridge enables users to seamlessly transfer their tokens from Polygon to Ethereum. By bridging tokens, users gain increased liquidity as they can access a larger liquidity pool on the Ethereum network. This increased liquidity helps reduce price volatility and provides more trading opportunities.

The Polygon network has two bridges — the Plasma Bridge and the proof-of-stake (PoS) Bridge — to validate transactions. The cheapest way to bridge Ether (ETH) to Polygon is via the PoS Bridge.

Polygon (formerly known as Matic Network) has emerged as a leading Layer 2 solution, designed to provide scalable and efficient infrastructure for Ethereum. Central to this ecosystem is the Polygon Bridge, a mechanism that allows users to transfer assets between the Ethereum Mainnet and the Polygon Network.

How much faster is Polygon than Ethereum? ›

As mentioned above, the Ethereum Network is only capable of processing around 27 transactions per second. Polygon, on the other hand, leveraging its network of far less-congested sidechains, is able to process around 7,000 transactions per second.

You can transfer Ethereum (ETH) to your Kraken account by navigating to Funding, selecting ETH and choosing the desired deposit method from the drop-down box (network): Polygon.

Convert Polygon to Ethereum

1 MATIC equals 0.00017 ETH. The current value of 1 Polygon is -5.81% against the exchange rate to ETH in the last 24 hours. ​ ​Create a free Kraken account to instantly convert MATIC to ETH or trade MATIC/ETH markets today.

Users can deposit Ethereum tokens to a Polygon smart contract, interact with them within Polygon, and then later withdraw them back to the Ethereum main chain. The MATIC token is used to pay transaction fees and participate in proof-of-stake consensus.

The mission of Polygon is to use its network to create an infrastructure that can handle the mass adoption of Ethereum. Since Polygon is built on Ethereum's blockchain, it depends more on Ethereum than vice versa. However, there is a potential disadvantage of using Polygon for speed.

Polygon to Ethereum bridge fees

However, using the bridges mentioned before as an example, the gas fees of Matic Bridge can go from $42 to $200 while in Hop Protocol it's around 0.04% of the total transaction. In order to reduce these fees, you could optimize the transaction time.

However, if you wish to transfer your POL from Polygon PoS to Ethereum (convert them into ERC-20) or vice versa, you will need to use a bridge. You can bridge to and from Polygon PoS using the Bridge feature in MetaMask Portfolio, here.