To examine the flow of funds in your accounts on the Polygon network, you need to add Polygon to MetaMask. 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. ChainList is the most trusted aggregator of EVM-based Layer 1 and 2 networks. It allows users to instantly connect their MetaMask to verified Chain and Network IDs, ensuring a safe connection.
Step 3. Click on the Networks Option
- With Polygon set up in MetaMask, you’re free to start making transactions, collecting NFTs interacting with DeFi DApps, and managing your crypto.
- Worse, some link to fake decentralized applications (DApps) that ask you to “claim” or “unlock” the tokens.
- Lim How Wei is the founder of followchain.org, with 8+ years of experience in Social Media Marketing and 4+ years of experience as an active investor in stocks and cryptocurrencies.
- Learn the key differences between XRP and Bitcoin, from speed and costs to environmental impact, use cases, and challenges facing each cryptocurrency.
- We’re explaining the steps to add the Polygon network for the browser extension, but the steps to add the network from the MetaMask mobile app are the same.
- In his free time, Lim plays multiple games like Genshin Impact, League of Legends, Counter-Strike, Hearthstone, RuneScape, and many others.
One can glance at its increasing popularity through its recent partnerships with Meta and Nike. Learn all about the Ethereum layer 2 solution Polygon and how to use it with the MetaMask wallet to explore the world of Web3. After downloading and installing the extension, you’ll be greeted with the MetaMask welcome page. Polygon uses the MATIC token, which is compatible with ERC20.
Step 1. Connect to Your MetaMask Wallet Account
The password is a security measure to prevent anyone using your device from accessing your wallet. If you forget your password, you can always access your crypto with your seed phrase. Fill in the network details as outlined in the below screenshot.
Step 6: Switch network
MetaMask is one of the most popular crypto wallets right now. Available as a mobile app and a browser buy bitcoin in person extension, it makes Web3 a lot more accessible. You can buy, store, sell, and swap tokens (fungible and non-fungible) as well as explore hundreds of blockchain-based apps. There’s a reason many consider it one of the best ways to explore the decentralized web.
Adding Polygon to MetaMask Automatically Using Polygonscan
Below is a step-by-step guide on how you can add the Polygon MATIC network to Metamask easily. To add the Polygon network to your Metamask wallet, you first need to get the correct RPC endpoint details for the Polygon Mainnet (which will be included later in this article). Lim How Wei is the founder of followchain.org, with 8+ years of experience in Social Media Marketing and 4+ years of experience as an active investor in stocks and cryptocurrencies. He has researched, tested, and written thousands of articles ranging from social media platforms to messaging apps. Now, you’ll be automatically switched to Polygon-Mainnet. After you’ve entered your MetaMask password and click on “Unlocked”, your MetaMask wallet will be unlocked.
How to sell crypto via MetaMask: A beginner’s guide to cashing out
- It is a decentralized Ethereum scaling platform that has enabled developers to build scalable user-friendly dApps (decentralized apps) with low transaction fees without compromising security.
- There’s a reason many consider it one of the best ways to explore the decentralized web.
- After you’ve clicked on “Add Network”, you’ll land on the “Add a network” page.
- Go to your browser and click the ‘MetaMask’ extension icon from the extensions menu and log in to your account if you have to.
- By following these steps, you can seamlessly integrate the Polygon network into your MetaMask wallet, whether using the browser extension or the mobile app.
- To add MATIC to your wallet on the Metamask mobile app, you just need to select it from the list of preconfigured networks and tap on Approve.
- If you lose this phrase, you cannot gain access to your wallet.
On the “Popular” tab, tap on Polygon Mainnet to add the MATIC Mainnet to your wallet. 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. Once you have the extension installed and correctly set up, click on the Metamask icon in the extensions area of your web browser to launch the Metamask main window. If you haven’t installed the Metamask extension on your browser, you can get the correct version for your browser on the Metamask download page.
To connect to other networks like Polygon, you’ll need to add some basic blockchain information to MetaMask. This includes a custom RPC URL, chain ID, and network name. To add Polygon tokens, a token address must be imported. After the pop-up appears on the mobile screen, you will receive another pop-up informing you that the network has been added to your list of other networks. You can then switch to a different network on the new network or stay on the current one. Once added, the Polygon network will appear in the network selection and the network settings dropdown menu within MetaMask, allowing you to switch to it anytime.
Worse, some link to fake decentralized applications (DApps) that ask you to “claim” or “unlock” the tokens. Connecting your wallet or signing a transaction there can let scammers drain your real assets. We’re explaining the steps to add the Polygon network for the browser extension, but the steps to add the network from the MetaMask mobile app are the same. Copy in the token’s contract address and MetaMask should automatically fill in the rest of the details.
But do note that the cryptocurrency trading 2020 process to transfer the tokens will require a transaction fee. Once you set up a password and complete the steps regarding the secret backup phrase, your MetaMask wallet will be set up. Whether you’re creating a new wallet or importing an existing one, you’ll have to create a new password for it. You can use it by “bridging” some of your crypto over to Polygon.
Whatever the case, you’ve got crypto in your MetaMask — and now you want to turn it into cash. There are plenty of ways you might end up with a mix of different cryptocurrencies sitting in your MetaMask wallet. To add Polygon to your Metamask wallet, you first need to get the correct custom RPC endpoint for the Polygon Mainnet. Now, tap on Submit and complete the 2-step verification by providing the code sent to your phone number, email, and/or authenticator app (Google or Binance authenticator).
Always remember to install the wallet from the original URL as there is no shortage of scammers out there. If downloading as a browser extension, you can use it on these browsers – Chrome, Firefox, Brave, and Edge browsers. But MetaMask is, first and foremost, a wallet for the Ethereum blockchain. The only network it runs with its default configuration is the Ethereum Mainnet.
Buy, sell, and trade non-fungible tokens (NFTs) on Polygon-based NFT marketplaces like OpenSea, Magic Eden, and Rarible. Enjoy the benefits of reduced gas fees for minting and transacting Polygon NFTs. To begin, click on the MetaMask icon in your browser or open the MetaMask app on your preferred mobile device.
You can lend, borrow, trade, and earn rewards with lower fees and faster transactions than networks like Ethereum. Some users may choose to store crypto across multiple wallets, either as a way to spread risk or simply to sort different digital assets among separate accounts. Our handy guide walks you through how to add Polygon network to your Metamask wallet step-by-step, to take full advantage of MATIC tokens in DeFi. 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.
Once your wallet is unlocked, tap on the Menu Icon on the top left corner of the Metamask app home screen/dashboard. Now, click Add Network on the dialog to add a new network (Polygon) to your Metamask wallet. On the Metamask main window, click on Network Dropdown Box to reveal a dialog with all available (configured) networks on your Metamask wallet. This unique identifier is used to distinguish the Polygon network from other networks in MetaMask.
If you have already installed the extension, you can skip this step since installing again will not be needed. Track transactions, manage your portfolio, calculate taxes. Click on “Approve” to add the Polygon Network to your MetaMask wallet.
If you see a “100% sell fee detected” warning on a token, it’s likely a scam. Scammers airdrop these tokens, hoping you’ll try to sell or interact with them. But when you do, the smart contract takes legally speaking is digital money really money the full amount — leaving you with nothing.
With peer-to-peer (P2P), you’re not selling your crypto to the exchange. You choose a buyer based on their offer and preferred payment method (like bank transfer, Revolut, Wise, etc.). Once they send the money to your account, you release the crypto to them.