The Shiba Inu Ecosystem X-handle draws attention to the launch of an NFT Bridge feature on the Layer-2 scaling solution, Shibarium.
The team behind the Shiba Inu ecosystem announced the development yesterday, highlighting that users can easily deposit and withdraw their NFTs. It cited an earlier reveal from Shibarium’s official X-handle, shedding light on the recent upgrade.
NFT bridge is now live on Shibarium! 🎉 Easily deposit and withdraw your NFTs. Check out our thread for a step-by-step guide. #Shibarium https://t.co/cIFvr2555l
– Shib (@Shibtoken) October 28, 2024
Shibarium NFT bridge
According to the report, crypto users can now transfer their Ethereum-originated NFTs to Shibarium with just a few clicks. This indicates that users can deposit their NFTs originally minted on the Ethereum blockchain to Shibarium and vice versa.
According to the team, the newly introduced feature aims to provide new options for listing, trading and using NFTs on Shibarium.
The team assured users that bridging NFTs between Ethereum and Shibarium is fast and secure, emphasizing that the activity takes just a few clicks.
Steps to deposit and withdraw NFTs to Shibarium
Additionally, it provided a video clip with a step-by-step guide on how users can move their NFTs from Ethereum to Shibarium and vice versa.
Deposit NFTs from Ethereum to Shibarium
To deposit NFTs from Ethereum to Shibarium, users need to visit the Bridge platform and connect their wallets like MetaMask to the Ethereum network. After that, find the Bridge section and select the NFT for deposit.
Once selected, press the ‘Transfer’ button to proceed and confirm the transaction in the wallet. The NFT is transferred from Ethereum to Shibarium after confirmation.
How to withdraw NFTs from Shibarium to Ethereum
This process is almost similar to depositing NFTs from Ethereum to Shibarium. However, this requires users to move their Shibarium NFTs to the Ethereum network.
To do this, go to the Shibarium homepage and connect the wallet to the Shibarium network. In the Bridge NFT section, select the NFTs that need to be moved to the Ethereum network and press the transfer button.
Approve the transaction in the wallet and wait for it to complete. Once successful, the NFT will be moved from Shibarium to the Ethereum network.
The newly introduced feature further expands the usefulness of Shibarium, making it one of the best blockchains that support NFT bridging.
In addition to bridging NFTs, Shibarium allows users to move their fungible tokens like BONE to and from Ethereum. This feature received a major upgrade earlier this year, reducing bridge time to 45 minutes from seven days.