
Title: Hyperliquid Bridge: How to Bridge USDC to Hyperliquid
As you navigate the world of cryptocurrency, it’s essential to have a seamless and efficient way to transfer funds between different blockchains. This is where bridges come in – a crucial component for any serious crypto investor or trader. In this article, we’ll dive into the process of bridging USDC (USD Coin) to Hyperliquid, highlighting the steps you need to take.
**Step 1: Create an Arbitrum Wallet and Fund it with USDC**
First and foremost, you’ll need a digital wallet that is compatible with the Arbitrum network. You can create one using the official Arbitrum wallet or through other services like MetaMask. Ensure your wallet has sufficient funds in the form of USDC.
**Step 2: Go to the Hyperliquid Bridge Website**
Next, visit the Hyperliquid bridge website and select the “Deposit” option. This will open a new page where you’ll need to input the destination address – in this case, your Arbitrum wallet’s address. Fill in the required information, taking care to enter it correctly.
**Step 3: Select Withdrawal Amount**
Now, choose how much USDC you wish to withdraw from your Hyperliquid account. Please be aware that there is a minimum deposit amount of 5 USDC; any transactions below this threshold will not be credited and will result in the loss of those funds.
**Step 4: Confirm Transaction**
Review all the details before confirming the transaction. Once confirmed, the transaction will go through, and you’ll see your funds directly deposited into your wallet.
**Step 6: Deposit Funds to Hyperliquid**
To deposit funds into your Hyperliquid account, simply follow the process outlined in Step 2. You can repeat this step as many times as necessary to transfer the desired amount of USDC.
Understanding How the Bridge Works
Before we conclude, it’s essential to be aware that the deposits and withdrawals are handled differently. Deposits are credited immediately once they receive more than 2/3 of staking power signatures, while withdrawals require a user wallet signature on the Hyperliquid DEX.
Source: https://cryptopotato.com/hyperliquid-bridge-how-to-bridge-usdc-to-hyperliquid/