Our team of experienced financial experts, analysts, and journalists work tirelessly to create content that not only informs but also inspires and supports you. We strive to be the voice you can trust, offering guidance that feels like it comes from a knowledgeable friend who truly understands your needs and aspirations. Historical data shows that Polygon reached all-time-high (ATH) activity in terms of UAW in March 2024, while volume and transactions grew less rapidly. We write product reviews and comparison articles in the field of cryptocurrency. By following these tips and best practices, you can ensure a smooth and secure experience when using the Polygon network with MetaMask. There are many prominent examples, and as Ethereum scales, they will no doubt grow and evolve.
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In addition, the Optimistic roll-up feature speeds up the transaction time. These features help increase scalability and solve Ethereum’s current problem of network congestion and high buy bitcoin litecoin and ethereum 2021 transaction fees. Polygon processes up to 65,000 TPS (transactions per second) in a single side chain, and the confirmation time of each block is under 2 seconds. The Polygon network offers a variety of features and benefits, including fast and cheap transactions, interoperability, scalability, and customizable networks.
Now the Plasma has been removed and the PoS Bridge is by default the chosen transfer mode. You are now connected to the Matic mainnet with your Metamask Wallet. Polygon is also a secure network which has been audited by CertiK and Nomic Labs. It has a wide repute for being one of the best layer 2 networks and is backed by a reliable team that has received a lot of funding to develop it. Metamask is also a non-custodial wallet, which means you are in charge of your funds at all times. So while it is your responsibility to keep your funds safe, it also means that your funds won’t disappear without you knowing about it.
Transferring assets from Ethereum Mainnet to Matic Mainnet
You’ve moved your funds from Ethereum mainnet to Matic mainnet and the tokens will shortly reflect in your Polygon wallet. Once connected transferring your tokens from Ethereum to Matic Mainnet is quick and easy. To bridge between two networks and to swap assets we’ll be using the official Matic web wallet. You can easily switch back and forth between Ethereum Mainnet, Matic tron ceo offers $1 million to whoever identifies twitter hackers Mainnet and Testnet using the network select option at the top of the application.
MetaMask is a prominent crypto wallet with a huge cohort of users. It allows them to easily navigate through various networks, including Polygon. Today, we are going to discover how to add Polygon to MetaMask. Polygon is a blockchain scalability platform and framework for connecting and building blockchain networks compatible with Ethereum. After adding the Polygon token to MetaMask, you should be able to see your token balance and manage your Polygon assets within the MetaMask interface. In addition, you can add multiple Polygon tokens to your MetaMask wallet by following the same process for each token.
- You can also click on the Import Wallet to import your old wallet by entering its seed phrase.
- It simplifies the transfer of assets between the two networks.
- Participate in staking and yield farming opportunities on Polygon.
- Since the transfer is happening on ETH network the gas fees could be high.
- You can connect your Ledger wallet to MetaMask so you can enjoy the best of both worlds — the convenience of MetaMask and the security of Ledger.
- Once you’ve set up your MetaMask wallet, you simply need to add the Polygon network to your wallet so you can access it.
Polygonscan¶
Just enter the amount of MATIC you wish to purchase and follow the steps to complete your order. To transfer your tokens to the Polygon chain you can not just send your tokens from Ethereum directly to Polygon. No, Users do need a bridge to transfer the tokens from an EVM compatible chain to Polygon. The best and easiest bridge for this is the one from Polygon itself. Here you can bridge any token type from Ethereum to Polygon or back. Depending on what you want to do with your tokens this can have great advantages.
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Now Metamask will ask you for the data needed to connect the wallet to Polygon. You have to open the MetaMask wallet (In case you don’t have MetaMask yet, please get it on this page). Once you have MetaMask installed, open it up on the full screen. So you will have the same screen as in our example here.
To add the Polygon PoS sidechain to your Metamask wallet, you need to click on the browser extension and then click on the drop-down menu. Polygon is an Ethereum scaling solution that boosts transaction throughput and lowers costs. Its PoS chain operates as an EVM-compatible Layer 2, with Heimdall for consensus and Bor for execution. You can easily connect Polygon to MetaMask since it’s an EVM-compatible network. The best way to do this is by manually entering the official RPC details or using a trusted platform like ChainList. Yes, you can add Polygon’s PoS network to MetaMask as a custom network.
- MetaMask is a crypto wallet app and browser extension that by default is connected to the Ethereum mainnet.
- Scroll down to the bottom of the page and click on “Add Network”.
- You can download MetaMask from its official website and install it on your browser.
- This includes a custom RPC URL, chain ID, and network name.
- To change the network, navigate to the “Networks” tab in settings menu.
But from the point that Ethereum transactions became expensive, many Dapps started turning their heads towards Polygon. Many developers have made their famous Dapps on Polygon. With Dapps like Polymarket Aavegotchi, Decentral Games, SportX, Easyfi, and Neon District running on the chain. Polygon even has one of the most used decentralized exchanges in the world, Quickswap. This DEX already processes hundreds of millions in trades every day.
Launch the Metamask app on your mobile device and enter your account password to unlock the app. On the next page, input the custom RPC endpoint for the Polygon Main Network outlined below in the appropriate fields as seen in the next screenshot. Now, click Add Network on the dialog to add a new network (Polygon) to your Metamask wallet.
This guide will walk you through adding Polygon to your MetaMask wallet, ensuring access to a versatile, cost-effective blockchain experience. MetaMask, a popular crypto wallet app and browser extension, allows users to interact with decentralized applications (dApps) across different blockchain networks. Anyone can set up a MetaMask wallet and explore the Polygon ecosystem in just a few simple steps. Polygon is a layer-2 scaling solution for Ethereum that offers fast and cheap transactions on its network. Polygon uses its token, MATIC, which is also compatible with the Ethereum network. You need to add the Polygon network to your MetaMask wallet.
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But do note that the process to transfer the tokens will require a transaction miners will accept eip fee. Once the wallet is connected, you might be asked to switch to the new wallet view. Whether you want to switch or not is entirely up to you.