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How to transfer tokens to Boba Network simply

If you want to transfer tokens to Boba Network but don't know how to go about it, this article is for you.
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vytran
4 min read
Published Nov 08 2021
Updated May 15 2024
transfer token to boba

Instructions for transfering tokens to Boba Network

There are two methods for transferring tokens to the Boba Network:

Option 1: Through the Coin98 Super Wallet
Option 2: Through the Boba Bridge (PC)

To make it easier for you to visualize, I'll walk you through the process for the two methods listed above.

transfer token to boba network
Boba Network Website: https://boba.network/

Option 1: Use the Coin98 Super Wallet to transfer tokens to Boba Network

It is necessary to have a non-custodial wallet to store tokens and interact with DeFi. Coin98 Super Wallet might be a suitable choice for you.

First, you should have an Boba Network Wallet to store your tokens, this article will be usefull for you: How to create & use Boba Network Wallet

This is a guide to transferring coins and tokens from the Ethereum mainnet to the Boba Network. You can also follow the same steps if you want to transfer coins and tokens from Ethereum to Arbitrum or Optimism and vice versa with Coin98 Wallet.

covert eth
Convert ETH on Coin98 Super Wallet

Step 1: On the Coin98 Wallet main interface, choose Swap.

Step 2: Select “Space Gate" to start bridging. After that, select the blockchain you want to convert.

Then you need to choose some information below:

Select the wallet that holds the converting tokens and the receiving wallet on the corresponding blockchain.
Select the token you want to convert. We will take ETH for this example.

Step 3: Choose the converted amount by sliding the bar. Before the swap, please kindly check the information in the Review Order section:

Deposit timeout: Estimated conversion time.
Min/ Max amount: Min/Max number in this transaction.
Gwei: Gas Price is calculated in Gwei. This is the gas fee you need for this transaction. You can adjust gwei by sliding the bar to the desired gas fee level. The default gas fee on Coin98 Wallet is set at the standard rate for the fastest speed at the most reasonable cost.

Kindly check the information before confirming this transaction. Choose Convert to confirm it and click Done.

transfer eth to boba
Transfer ETH to Boba Network through SpaceGate

Option 2: Use Boba Bridge to transfer tokens (PC)

1. Transfer tokens from Ethereum to Boba Network

Step 1: Head to the Boba Bridge main interface here.

Step 2: Connect your Metamask wallet to the Boba Bridge.

connect to boba
Connect wallet to Boba Bridge

Step 3: Click “Wallet" at the top of the website

connect wallet boba

Step 4: Choose “Ethereum Wallet", then choose "Bridge' or "Fast Bridge". The fast bridge is faster but charges a 0.1% LP fee. In this case, I will choose "Bridge".

bridge boba network
Choose Bridges you want

Step 5: Choose the tokens you want to transfer and insert the amount.

tranfer token to boba network
Type the amount you're going to transfer

Step 6: Finally, click Approve & Confirm Transaction that appear on the Metamask pop-up tab

confirm transfer token boba chain
Approve Transaction

2. Transfer tokens from Boba Network to Ethereum

Step 1: Similar to the above process, head to the Boba Bridge here:

Step 2: Connect your Metamask wallet to the Boba Bridge.

Step 3: Click “Wallet" at the top of the website.

Step 4: Choose “Boba Wallet" and choose the tokens you want to transfer to Ethereum.

transfer boba token
Switch to Boba Wallet
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Step 5: The remaining processes are similar to those when transferring tokens from Ethereum to the Boba Network.

Transfer ETH, ERC20, and ERC721 tokens from Coin98 Super Wallet

This operation works the same on both the Coin98 Super App and Coin98 Extension. Here, I will give an example of how to receive ETH (BOBA) stored in a mobile wallet.

Step 1: Click on Boba Network wallet.
Step 2: Choose "Send."
Step 3: Select the token and enter the number of tokens you want to send & the wallet address to send to. Adjust the Gas fee slider to suit your needs → Slide the Send bar to confirm sending.
send to boba wallet
How to send ETH to another Boba wallet address

In addition, you can also go to the Send section in the main interface, select the Boba Network wallet you want to send from.

Note:

The gas fee for each transaction is paid with ETH, approximately 0.0012 ETH (BOBA)
The default gas fee on the Coin98 Super Wallet has been set at the standard rate that offers the most optimized speed at a reasonable cost.

FAQs

What is Boba Network PRC?

You can go to Boba Bridge to change to Boba Network automatically, or you can change Custom PRC Endpoints manually using the information below:

boba rpc
Boba Network Information

How much is the gas fee when transferring tokens to Boba Network?

There are 2 types, "Bridge to L2" or "Fast Bridge to L2". The bridge usually costs twice as much in gas fee as compared to the fast bridge.

In the past, I used to use the normal Bridge and spent quite a bit on gas fees (at that time $ETH = 4500$, Gwei 128):

$240 gas fee for the normal bridge.
Normal bridge fee / 2 = Fast bridge fee

Why was ETH moved to Boba Network in the early stages?

Because, initially, transaction fees on the Boba Network are paid in ETH.

Token deposit and withdrawal duration via the Boba Network?

From Ethereum to the Boba Network:

Via normal bridge: Instant.
Via fast bridge: Instant.

From the Boba Network to Ethereum:

Via bridge: 7-14 days.
Via fast bridge: Instant.

If you're interested in learning more about Boba Network and the investment opportunities it offers, I recommend checking out this article. Hopefully, this will be beneficial to you!

Conclusion

I've shown you how to transfer coins to the Boba Network in order to skin in the game.

Hopefully, after reading this article, you will have a better understanding of the DeFi market and find the best ways to maximize your profits.