How to bridge across assets from Ethereum to Solana using Phantom, Metamask, and the Wormhole
Hello Crypto Community!
In this video, I give a tutorial on bridging your assets from Ethereum to Solana, or Solana to Ethereum, using the Wormhole Bridge.
My goal is to make things super simple as, for most, crypto is too difficult currently.
⏰Timestamps⏰
0:00 Intro
0:40 ETH Gas Price
0:50 ETH to SOL Bridge Method
2:45 Raydium.io
3:04 Saber.so for ETH Conversion
3:34 Orca.so for Eth Conversion
4:31 FTX.com or FTX.us a Centralized Bridge
4:45 SOL to ETH Bridge Method
5:39 Mercurial Finance for USDC & USDT
7:25 Recover our Transaction on Solana side
8:44 Recover our Transaction on Ethereum side
9:13 Help in Discord
9:30 IMPORTANT: Exit Liquidity
10:35 Coins Stuck in Bridge if not Redeemed
10:50 Resume Sending USDC to Ethereum
11:20 Wormhole TVL & Ending
______________________________________________________________________
Resources
Where to get SOL and Crypto?
☆My Favorite Exchange: FTX (Advanced beginner to Intermediate skills)
https://ftx.com/#a=SebMonty
(This is a referral link for a discount in fees)
☆Exchange to buy Crypto: Binance
https://accounts.binance.com/en-AU/register?ref=T44UA855
(This is a referral link for a discount in fees)
☆Exchange to buy Crypto: Coinbase
https://www.coinbase.com/join/montgo_u8
☆Exchange to buy Crypto: Coinspot (Australia)
https://www.coinspot.com.au/register?code=REFTVDJ78
(Referral $10btc for you and I)
Seb Monty
☆ Twitter: https://twitter.com/SebMontgomery
Wormhole
Tweets by wormholecrypto
https://linktr.ee/wormholecrypto
https://wormholebridge.com/#/transfer
http://discord.gg/TsjcDtTPVp
Orca
Tweets by orca_so
https://discord.com/invite/nSwGWn5KSG
https://www.orca.so/
Saber
Tweets by Saber_HQ
https://saber.so/
Mercurial Finance
Tweets by mercurialfi
https://mercurial.finance/
Phantom
Tweets by phantom
Phantom.app
Raydium
Tweets by RaydiumProtocol
https://raydium.io/
Explorers
Solscan: https://solscan.io/
Etherscan: https://etherscan.io/
Solana main: https://explorer.solana.com/
Metamask
Tweets by MetaMask
https://metamask.io/
FTX.com (Accepts many assets which can then be sent to the Solana network, even if received on Ethereum).
https://ftx.com/#a=SebMonty
VERY IMPORTANT: Always check ANY LINKS with official sources in case a scammer uses a wrong address, which happens always, or in case the youtuber makes a mistake.
Disclaimer: I am not a financial advisor. This is an educational tutorial and guide.
Always DYOR (Do Your Own Research) and ensure you learn the pros, cons, risks, and rewards, before you put your hard-earned money to work.
source
⏰Timestamps⏰
0:00 Intro
0:40 ETH Gas Price
0:50 ETH to SOL Bridge Method
2:45 Raydium.io
3:04 Saber.so for ETH Conversion
3:34 Orca.so for Eth Conversion
4:31 FTX.com or FTX.us a Centralized Bridge
4:45 SOL to ETH Bridge Method
5:39 Mercurial Finance for USDC & USDT
7:25 Recover our Transaction on Solana side
8:44 Recover our Transaction on Ethereum side
9:13 Help in Discord
9:30 IMPORTANT: Exit Liquidity
10:35 Coins Stuck in Bridge if not Redeemed
10:50 Resume Sending USDC to Ethereum
11:20 Wormhole TVL & Ending
you are the man
I got the wrapped ether (wormhole) after bridging from portal. I can't seem to find exchanges that is allowing me to convert. please help.
Hey Seb, what happens if I have 0 sol in my phantom wallet but I still want to bridge my eth over to sol? Can the wormhole still work?
how the heck do you get that first 0.05 SOL into Phantom. this is so lame. this "creating associated account" thing is so not user friendly. you need SOL inside Phantom in order to transfer SOL into Phantom… who the heck set this up?
I sent ETH from BSC to Oasis Blockchain and it created a new token on Oasis called ETH (Wormhole), not recognized by any dex. Then I sent it to CELO and I'm facing the same problem. Now I don't know how to take my ETH back.
Didn't understand anything more than I already did unfortunately. You say one token will not work on one exchange, but don't say why and how I can figure it out on my own
Having major problems understanding the process….
I have ETH that i need to convert to SOL
HOW?
should be a step by step guide somewhere but everything is confusing
Very useful content! I want to understand how does Portal by Wormhole works because I started using it few minutes ago by transfering ETH and BNB from Metamask BSC to Metamask Etherium Mainnet using the bridge, but it got stuck at the bridge and couldn't redeem from the bridge to my Metamask Etherium Mainnet wallet.
Seb Montgomery, please help, i did not change my usdc on solana to wusdc before bridging to etherium! now my usdc is gone! i no longer have usdc in my phantom wallet and i have not recieved usdc in my metamask (obviously). what can i do? is it gone???
please help, i did not change my usdc on solana to wusdc before bridging to etherium! now my usdc is gone! i no longer have usdc in my phantom wallet and i have not recieved usdc in my metamask (obviously). what can i do? is it gone???
geez what a stuff around
I literally cannot swap my wormhole eth to sol in my phantom wallet. Why?
but… why?
can you do this on mobile or does it have to be on PC?
Lol wormhole
Opppps, how about an update.
Anyway to transfer from polygon to Solana and please help?
Way too confusing. Not convenient with too many moving parts for scammers. ETH is KING!
Excellent video, Seb!
any idea why my WETH don't show up, I clicked reedem and everything? thanks
I have a doubt… if I want to do it all the way arround (send USDT from solana to BSC)?? I recibe USDT in metamask but dont know how to swap it to dai. Can you help me?
What a massive pain in the backside, AVAX Bridge is so easy and intuitive compared to Solana…
If you must pay transaction fees on Solana to send over the crypto how do you get the first amount of Solana over there?
How would you send tether from metamask to phantom?
Thank you for your awesome video! Took me hours to create a wallet and to find out how to turn my eth into sol
Be aware when you bridge anything to Ethereum. The gas fee for eth is insane
Do you need minimum of 0.05 eth to finish the transaction
Question: If you mint an NFT on Solana & send it wrapped from Wormhole to ETH on OpenSea will the perpetual royalties percentage specified in the original NFT smart contract created on Solana carry over to OpenSea if it is purchased on OpenSea?