MetaMask adds support for Arbitrum and Optimism networks to its bridge aggregator

The fee for using the aggregator will be 0,875%

23.02.2023 - 12:40

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What’s new? On February 22, the team of the MetaMask decentralized wallet announced the end of a three-month beta testing period for the MetaMask Bridges aggregator and the launch of the service in a stable production environment with extended support for Layer 2 (L2) blockchains, including the new Arbitrum and Optimism networks.

News on the MetaMask website

What else is known? At launch, the bridge aggregator supports six networks: Ethereum, Arbitrum, Optimism, Binance Smart Chain, Polygon, and Avalanche. The transaction limit rose to $50 000 (previously it was limited to $10 000) for transfers of ETH/WETH, common stablecoins, and native blockchain tokens.

The team noted that users can create a MetaMask wallet and then connect to the Portfolio Dapp service to buy, swap, bridge, or stake their cryptocurrencies. In doing so, MetaMask Bridges will find the cheapest and/or fastest way to exchange. MetaMask’s fee for bridge transactions will be 0,875%.

In December, the PayPal payment system partnered with MetaMask’s parent company, ConsenSys. The collaboration will allow MetaMask users to buy Ethereum using PayPal. The service will initially be available only to select PayPal users in the United States, as that country is one of MetaMask’s largest markets in terms of the number of users.

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