Starter guide on How to Navigate through Polygon

Polylauncher
3 min readAug 17, 2021

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> Deposit, withdraw and setting up your wallet

With Polylauncher’s recent public sale receiving widespread attention from our community, the team would like to provide instructions on how you can set up your wallet and transfer funds from Ethereum to Polygon. If this is your first time, make sure to follow the instructions below to secure your funds on Polylauncher.

Setting Up Your Wallet

To view your wallet on Polygon, you must first configure Polygon on Metamask:

  1. On Metamask, access the Network Selection Dropdown Menu and select “Custom RPC”
  2. Insert “Matic Mainet” at the Network Name Field
  3. Enter URL “https://rpc-mainnet.maticvigil.com/” in the New RPC URL field
  4. Insert “137” in the Chain ID field
  5. Enter “MATIC” in Currency Symbol field
  6. Insert “https://polygonscan.com/” in Block Explorer URL field
  7. Click “Save”

Deposit Funds from Ethereum to Polygon

Via CEX

Other than Ethereum, Kucoin and Binance also supports the deposit of funds from MATIC Network.

Via Bridge

  1. Visit Polygon Web Wallet and Connect your Metamask account
  2. Access your wallet on Polygon
  3. Select “Move Funds to Matic Mainet” or select “Deposit” from any token types in the “Your tokens on Matic mainnet” section
  4. Add the amount that you wish to deposit and select your desired bridge type
  5. Select “Transfer”
  6. Select “Continue” on the popup named “Important”
  7. Click “Continue” on the “Transfer Overview” popup
  8. Click “Continue” from the “Confirm Transfer” popup
  9. Confirm your transactions on your Metamask account
  10. Once the Deposit Status is completed, click on the “Action Required” link from the header
  11. If the deposit transaction is successful, the status will change to success

Withdraw Funds from Polygon Back to Ethereum

Via CEX

Other than Ethereum, Kucoin and Binance also supports the withdrawal of funds from MATIC Network.

Via Bridge

  1. Click on the “Withdraw” link from any of the tokens on the “Your tokens on Matic Mainnet” section
  2. Enter the Withdraw amount and select the Bridge type
  3. Click on the “Transfer Button
  4. Select “Continue” on the “Important” popup
  5. Select “Continue” from the “Transfer Overview” popup
  6. Select “Continue” from the “Confirm Transfer” popup
  7. Confirm your transactions on your Metamask account
  8. To initiate the withdrawal, close the “Transfer in Progress” popup and see the transaction in the “Action Required” section on the header
  9. When the checkpoint has arrived to “Completed” the status will change, select the latest transaction to see the “Transfer in Progress” popup.
  10. Confirm the second transaction

For Plasma Bridge:

  1. Confirm one last time after the 7-day challenge period
  2. Receive funds back on Ethereum

For a more detailed explanation of the steps, you may visit tutorials from Polygon here and here. If you have further questions, make sure to contact the Polylauncher team on our social media channels, we will be happy to assist you! Good Luck!

About Polylauncher

Polylauncher is the first native decentralized launchpad for projects on Polygon, with a strong emphasis on providing equitable opportunities to the community without the constraints of centralized platforms or high transaction costs. The company aims to maintain the highest security standards on their user-friendly platform for users to seamlessly access and invest in projects built on the Polygon ecosystem.

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Polylauncher
Polylauncher

Written by Polylauncher

The first metaverse-focused accelerator and launchpad on Polygon

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