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. No matter which option you choose, it’s important to never share this recovery phrase information with anyone. Additionally, do not keep your private keys or seed phrase stored online anywhere, including in cloud storage via screenshots.
First, we talk a bit about what Polygon is and what it does, etc. If you do not want to read about that and directly want to see How to add Polygon to MetaMask wallet. You can go down this page and start reading at “Getting Polygon how to hire an app developer for your business on MetaMask”. If all requirements are met, press the “Approve” button.
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It’s not intended to constitute a comprehensive statement of all possible risks. You should independently conduct an analysis on the basis of which it will be possible to draw conclusions and make decisions about making any operations with cryptocurrency. MetaMask uses the Ethereum mainnet by default — you can find its symbol at the top left angle. To change the network, navigate to the “Networks” tab in settings menu. Scroll down to the bottom of the page and click on legally speaking is digital money really money “Add Network”. The wallet will provide you a list of popular networks with Polygon in it.
Adding the Polygon network Manually
You will then be asked to connect your pre-existing MetaMask wallet, which you can do so easily. You can also access this screen by heading over to the circular logo, accessing “Settings” and then heading over to “Networks” in the left pane. MetaMask will ask you if you’d like to share anonymous usage data with them to help improve the extension. Accepting or refusing this will not affect your MetaMask usage.
Adding a custom RPC Network
It is crucial to know how to use crypto tools that provide market participants with access to the whole perks of digital assets. Once you have added Polygon to MetaMask, the interface will display your Polygon assets alongside your other cryptocurrency assets. You can top 5 white label crypto exchange solutions 2022 interact with your Polygon assets in the same way as your other assets. If you do not have an existing MetaMask wallet, you will need to create a new one. If you already have a MetaMask wallet, skip to the next section for instructions on adding Polygon. Once the transaction is successful you’ll see the transfer completed successfully screen.
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Then, click the network selection dropdown menu icon, the one that says ‘Ethereum Mainnet’ at the top right of the extension window. Whether you’re creating a new wallet or importing an existing one, you’ll have to create a new password for it. Although there are many crypto wallets out there, MetaMask easily becomes the first choice because of the features and security it offers. So, wanting to use MetaMask with Polygon is understandable.
- Once the wallet is connected, you might be asked to switch to the new wallet view.
- Open up your MetaMask wallet, and then click the profile icon on the top right of the user interface.
- This guide will walk you through adding Polygon to your MetaMask wallet, ensuring access to a versatile, cost-effective blockchain experience.
- Its integration with MetaMask, a leading Ethereum wallet, empowers users with the ability to easily manage their assets across both ecosystems.
- Finally, tap on Approve to add the network to your Metamask wallet.
If the token isn’t on PolygonScan, try Etherscan or the token’s official site to find its social contract. If you can see the ‘Polygon Mainnet’ on the network selection dropdown menu, you’ve successfully added it to MetaMask. To log in to your wallet from your browser, you must create a secure password to prevent unauthorized access to your wallet.
Steps to Add Polygon Automatically to the Metamask wallet
Add Polygon to MetaMask via Polygonscan or manually using network details. Access faster, cheaper transactions and a growing ecosystem of dApps on this Ethereum-compatible Layer 2. Manage your MATIC activities and crypto taxes efficiently with CoinTracking. With Polygon connected to MetaMask, you can start making transactions, collecting NFTs, engaging with DeFi DApps, and managing your cryptocurrency.
- We hope this guide has provided you with the knowledge to add the Polygon network to MetaMask and use it effectively.
- Polygon integration within MetaMask enables users to explore and interact with these dApps seamlessly and smoothly, enjoying fast and affordable transactions.
- If you’re looking to add the Polygon network to your Metamask wallet, then you’re on the right article.
- Several projects such as EasyFi, Polymarket, Aavegotchi have already taken advantage of Polygon.
- It’s not intended to constitute a comprehensive statement of all possible risks.
One of the main advantages of using the Polygon network is its fast confirmation times and low transaction fees. The network achieves this thanks to its Proof of Stake (PoS) consensus algorithm, reducing the computational requirements needed to validate transactions. This means transactions can be processed faster and at a lower cost compared to the Ethereum network.
It simplifies the transfer of assets between the two networks. There are many Ethereum wallets that allows you to switch between networks but the best one is MetaMask. MetaMask is a safe and flexible browser wallet that allows you to switch between various blockchain networks including Ethereum, Binance Smart Chain and Polygon network (Matic). Metamask allows you to use the same wallet address across all the added networks in your Metamask wallet, as long as you’ve added and linked your address to the network. By linking your Metamask wallet to the Polygon network, it becomes easier to keep track of your assets, especially if you have multiple kinds across different networks. Now that you’ve learned how to add the Polygon network to Metamask, it’s a similar process for adding other EVM-compatible networks like BSC and Fantom.
Additionally, you can also create a separate account for Polygon within your existing wallet. The most important question that’ll come to your mind when adding Polygon to MetaMask is about the safety of it all. If MetaMask is configured to run with Ethereum, should you be connecting it to Polygon? Polygon is one of the most popular layer 2 Ethereum solutions. One can glance at its increasing popularity through its recent partnerships with Meta and Nike. Peter has been covering the cryptocurrency and blockchain space since 2017, when he first discovered Bitcoin and Ethereum.
What is Polygon Network?
These ‘blocks’ consist of bits of information, and when we refer to a ‘block’ and ‘chain,’ we’re talking about digital data stored in a public database. Blockchain provides an innovative way to transfer information automatically and securely. A transaction begins when one party creates a block, which is then verified by thousands, even millions, of computers across the network. This decentralized ledger of financial transactions is constantly evolving, with new data continuously added. It did take a little while for Polygon to start attracting some Dapps.
Once you’ve configured you can switch between layer 1 (Ethereum) and layer 2 (Matic) anytime by changing the network. Due to limitations on Ethereum; many blockchain developers started building their projects on Polygon as it offers flexibility and has scalability at its core. Other than solving the network efficiency the team behind Polygon is trying to solve much more complex issues that could hinder the mainstream adoption of blockchain technology. Metamask runs security audits and a bug bounty program, rewarding those who find flaws in the system. The wallet has solid security plus you’re also able to connect your cold wallet to it for additional safety.
So, since you’ll be risking your assets and tokens, caution won’t hurt. 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. In our example, we’ll add information about the USDC token on the Polygon network to our MetaMask wallet. You’ll need the token’s contract address, which you can find on any Polygon block explorer. You don’t need to add MATIC to MetaMask manually after you switch over to the Polygon network.