
Overview of LayerSwap
LayerSwap simplifies transferring crypto directly from exchanges to Layer 2 blockchains, eliminating high-cost Ethereum withdrawals.
LayerSwap Transfer Process
By routing deposits automatically, LayerSwap removes the need to send funds to Layer 1. You deposit on your exchange, and LayerSwap delivers tokens to your L2 wallet seamlessly.
Core Features of LayerSwap
- Exchange-integrated bridging
- Non-custodial transfer setup
- Multiple supported Layer 2 protocols
- Live progress updates for each deposit
- Low-cost routing without manual bridge steps
Advantages & Drawbacks
Pros
- Cuts gas fees dramatically
- Simple user experience
- Secure and transparent
Cons
- Token support depends on network
- Users must input wallet address accurately
- Limited exchange options early on