Check Chainflip asset support by matching each token to its network and testing your amount in a live quote before sending funds. Chainflip shows whether that route is available and what reaches your wallet after fees. A Chainflip crypto swap cannot start if a familiar ticker sits on the wrong chain.
Match the token and network on both sides
Support means an exact asset and network pair, not a ticker symbol by itself. Choose the sending chain and token, then the receiving chain and token. Match those choices to your wallet’s network; for a token, check its contract address or mint when shown.
Suppose you hold USDC on Solana and want native BTC on Bitcoin. Both asset and network pairs are supported, so you can request a quote. If that USDC is on Base instead, the matching ticker does not make Base a supported source. You would need to move or convert it onto a supported network first, adding that route’s cost and time.
Bitcoin-like balances show why the distinction matters. Native BTC on Bitcoin, WBTC on Ethereum and cbBTC on Ethereum are separate assets. ETH on Ethereum and ETH on Arbitrum are separate source choices too. I would check before withdrawing from a centralised exchange, where it is easy to skim past the withdrawal network menu.
Use a route your wallet can send
For an ordinary wallet transfer, a deposit channel gives you an address tied to one swap. A broker registers your receiving asset and address on the State Chain, the protocol’s coordination blockchain. After the source-chain deposit has enough confirmations, validators record it, liquidity providers price it in the JIT AMM, and the network sends the output to your destination wallet.
The other method is a vault swap, where a compatible wallet or app signs a transaction carrying the swap instructions. It needs its own quote because its transaction costs differ. For a first swap, I would choose a deposit channel if offered: a normal transfer is easier to inspect. Send only to the address generated for that swap; channels expire after 24 hours, and a direct transfer to a vault without swap instructions can be lost.
Check the quote, cost and arrival before funding
A live quote should confirm that the route is available, your amount meets the source minimum and any maximum, and the output clears the destination’s minimum payout. Check that the receiving address belongs to the selected chain. An asset can appear on a support list even when a particular route or amount cannot be quoted.
Chainflip fees include source-chain gas, a network fee typically around 0.1% with a $0.50 minimum, liquidity fees typically 0.1–0.15% per pool, and destination broadcast gas deducted from the output; a broker may charge extra. For an illustrative $1,000 ETH-to-BTC swap through two pools, the network and pool fees total around $3–$4 before gas, price impact and any broker charge. Compare the final quoted output, especially for a small deposit.
Allow minutes for many Ethereum deposits and often tens of minutes for Bitcoin confirmations, plus processing and the destination transfer. Set a minimum accepted price and a refund address on the source chain before funding. If the price stays below your minimum through the retry window, the deposit is returned minus applicable refund and broadcast costs. Once the details match, send within the channel’s 24-hour window and track the payout to your wallet.
- Match both tokens to their networks.
- Confirm the live route, amount limits, payout, fees and expected time.
- Use the fresh deposit address and keep your refund address ready.
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