How to transfer Terra Assets to EVM Compatible Chains

How to Transfer Terra Assets to EVM-Compatible Chains Using Axelar

Transferring Terra assets to EVM-compatible chains using Axelar provides a seamless experience for users looking to bridge assets between different blockchain ecosystems. Follow this step-by-step guide to make the process smooth and efficient.

View our in-depth tutorial on Youtube or read more about using Terra here.

Prerequisites:

1. Ensure you have a wallet that supports both Terra and the EVM-compatible chain you wish to transfer assets to (e.g., Ethereum).
2. Connect your wallet to the Axelar bridge interface.

Step 1: Access Axelar Bridge Interface

1. Visit the Axelar bridge interface by navigating to [Axelar Bridge URL].
2. Connect your wallet to the interface by selecting the appropriate option and following the prompts.

Step 2: Select Asset and Source Chain

1. On the bridge interface, choose the Terra asset you want to transfer from the drop-down menu.
2. Select Terra as the source chain.

Step 3: Destination Chain Selection

1. Choose the EVM-compatible chain (e.g., Ethereum) as the destination chain.
2. Ensure your wallet is connected to the selected destination chain.

Step 4: Enter Recipient Address

1. Input the recipient's address on the EVM-compatible chain where you want the assets to be transferred.
2. Double-check the address to avoid errors.

Step 5: Confirm Asset Details

1. Review the details of your transfer, including the amount, asset type, source chain, and destination chain.
2. Confirm that the information is accurate before proceeding.

Step 6: Initiate Transfer

1. Click on the "Initiate Transfer" button to start the transfer process.
2. Follow any additional prompts from your wallet to confirm the transaction.

Step 7: Monitor Transfer Status

1. After initiating the transfer, monitor the transaction status on the Axelar bridge interface.
2. You may also track the transaction on the EVM-compatible chain's explorer using the provided transaction hash.

Step 8: Confirm Completion

1. Once the transfer is complete, you will receive a confirmation on the Axelar bridge interface.
2. Verify the arrival of your assets on the destination chain's wallet or explorer.

Congratulations! You have successfully transferred Terra assets to an EVM-compatible chain using Axelar. If you encounter any issues during the process, refer to Axelar's documentation or reach out to their support team for assistance.

Remember to consider transaction fees and processing times associated with both the Terra and EVM-compatible chains during the transfer process.