In this article, we will provide a step-by-step guide on how to add Polygon to Metamask wallet. This will allow you to start using the Polygon Network and the various protocols built on Polygon Network.
What is Polygon Network?
The Polygon vision is built by having Ethereum Network at the core, a decentralized platform that houses a variety of decentralized applications in which you can create your own virtual worlds, play games, purchase art, and take part in a variety of financial services. However, because the cost of transmission is increasing and traffic is clogged, this much activity on its blockchain has made it almost unusable.
Important note: The Polygon Network now also refer to as Polygon PoS used to be called Matic Network, therefore in many places Polygon Network and Matic Network terms are still used interchangeably.
That’s where Polygon comes into the picture. In brief, Polygon claims to be a layer-2 scaling solution, meaning it acts as an add-on layer to Ethereum that does not seek to alter the original blockchain layer. Polygon has many sides, forms, and applications, and it promises to provide a less complex architecture for creating interconnected networks.
Polygon wants to assist Ethereum to grow in size, efficiency, and usefulness, and it aims to incentivize developers to develop more interesting products faster.
The Polygon Blockchain is an EVM-compatible smart contract platform. This makes the experience from a user perspective identical to using Ethereum or any other EVM-compatible blockchain.
Polygon’s utility token is called MATIC. The name of the token comes from the original name of the network called Matic Network. Matic Network has been rebranded in 2021 to Polygon Network, but the native token kept its original name.
Read: What is Polygon (Matic)?
What is Metamask?
Metamask, as we mentioned above, is a software-based non-custodial wallet where you can store your Digital Assets (Cryptocurrencies or NFTs), see the balances of your assets, and makes it extremely easy to interact with the various decentralized applications on the blockchain. By default, the Metamask wallet supports the Ethereum network. However, you can easily add support for other EVM-compatible blockchains such as Polygon, Avalanche, etc.
How to add Polygon to Metamask?
Step 1: Download and Install Metamask
Downloading and installing the Metamask wallet is very straightforward. Just go to the official website and download metamask for the device of your choice. You can follow the guide below on how to download and set up metamask:
Step 2: Add Polygon Network to Metamask wallet
Once you set up the Metamask Wallet then it’s time to add Polygon Network:
1. Click on the Metamask browser extension
2. Click on the dropdown button to Select Network
3. Click Add Network
A new window will open up that will prompt you to provide the following information:
|Network Name||Polygon Mainnet|
|New RPC URL||https://polygon-rpc.com|
4. Select Polygon Mainnet to switch to Polygon Network
That’s how you simply add Polygon to Metamask. You are ready to use the network.
How to transfer funds on Polygon Network from exchanges?
To transfer funds on Polygon Network there are two main methods that someone can use. The most straightforward one is to transfer funds directly from Centralized exchanges. This method should be preferred if the exchange platforms that you use support the Matic Network.
1. Login to the platform of the Centralized Exchange of your choice, such as Binance.
2. Navigate to the screen where you can withdraw/send $MATIC.
3. Select Polygon/Matic Network from the Network selection. For the Binance exchange, you can see the screenshot below. Despite which exchange you are using, make sure that you select Polygon/Matic.
4. Specify your Metamask address. The best way to do that is to copy the address from the Metamask wallet and paste it into the corresponding field of the exchange. Avoid manual entries when it comes to addresses to prevent mistakes.
5. Specify the amount you are willing to transfer and send the funds.
How to transfer funds on Polygon Network from other networks?
The Matic network’s second approach to transferring funds is to use a bridge. This may be the case if you already have funds on Avalanche, Ethereum, and other networks. There are several bridges available; however, in this article, we’ll show you how to send funds with Stargate Bridge.
Important Note: Stargate Bridge is specialized in transferring stablecoins from one network to another. if it’s the first time you are using Polygon, you better use the method described above to transfer initially some Matic, before transferring other tokens. You will need Matic to pay for gas fees.
- Navigate to Stargate Bridge: https://stargate.finance/transfer and Connect your Metamask Wallet from the upper right corner.
- Configure your transfer by selecting the originating network (FROM), destination network (Polygon in this case), and the amount you are willing to transfer.
- Transfer the funds.
Read: How to use Stargate?
To conclude, adding Polygon to Metamask is a very simple process that anyone can follow. In this article, we showed you how to do it in just a few steps. We also explained how you can use Stargate Bridge to move assets from one network to another. Following these instructions will enable you to add Polygon to Metamask and use the full potential of decentralized applications on the blockchain.