🌉Cross-Chain Deposits

In this tutorial, we'll walk through the steps to make a cross-chain deposit into Vertex.

Cross-chain deposits simplify the burdensome process of bridging and managing assets on multiple chains. With cross-chain deposits, users can bridge & deposit assets form over 8 chains directly into Vertex without ever leaving the app and within minutes.

Cross-chain deposits are powered by Axelar + Squid Cross-chain. To learn more please refer to the blog post on the topic here.

Step 1. Initiate the Cross-Chain Deposit.

Click on the Cross-Chain Deposit button in:

→ The sidebar.

→ Bottom of of the regular deposit pop-up.

The cross-chain pop-up will open.

Step 2. Select the source chain.

Select the chain you want to originally bridge from → Vertex.

→ Click on Select.

→ Choose the source chain from the list.

Step 3. Switch to source network.

To proceed with the transaction, your wallet will need to be connected to the source chain’s network.

→ Press the main button which will say Switch to Network.

→ Sign the network switch in your wallet once prompted.

Step 4. Select the asset to swap (Asset #1).

You will sell this asset on the source chain to receive the next step’s asset.

→ Click on the drop-down menu.

→ Select the asset.

→ Use the 🔍 search function for quick navigation.

Step 5. Select the asset to receive and deposit into Vertex (Asset #2).

This is the asset that you will receive in your Vertex trading account.

→ Click on the drop-down menu.

→ Select from the list of Vertex-supported assets to deposit.

Step 6. Enter the amount.

You can only enter the amount of Asset #1

→ Click on the input.

→ Enter how much you want to sell / bridge.

→ Or use the % shortcut buttons.

After entering the amount of Asset #1, you will see the Est. amount of Asset #2 you will receive.

You can also review the summary:

• Cross-chain swap details.

• Estimated time.

• Estimated gas.

• Estimated fee.

• Changes to account.

Step 7. Sign the transaction.

To complete the Cross-Chain Deposit

→ Press on Cross-Chain Deposit.

→ Sign the transaction in your wallet.

❗Please Note: You may need to approve the asset before signing the transaction. Approvals are required for new assets and increasing max amounts.

After successfully signing the transaction, you will receive a notification.

🎉 Cross-Chain Deposit Finished