How To Use PolyGon Bridge Guide To Exchange Your ERC-20 Tokens For Tokens on Matic Network
Hey All;
This is a quick guide to leverage Polygon Bridge - Matic Wallet to exchange your ERC-20 tokens with tokens on the Matich network. I had a couple of ETH, not much exactly close to 0.04 ETH lying on ETH wallet and I wanted to leverage the ETH to exchange some $VIDYA tokens.
There is a guide available as well to do the exchange and you can refer it Here - How iT Works. Its a detailed guide but what, I'm going to tell here are some quick steps to exchange your ERC-20 tokens to Matic tokens.
Guide to Exchange Your ERC-20 Tokens with Matic TOkens
- Step 1 - Connect to the Matic Wallet by any of the following Wallet connect tools:: Metamask, WalletConnect & Walletlink
- Step 2 Click Move Funds From Ethereum To PolyGon Button
Step 3- Select The ERC-20 token to be Transfered
At the moment, I have only 0.009 ETH in my wallet. But, I did transfer 0.04 ETH and the same can be depicted in the following image.
You will need to approve the transaction and as stated in the image; it may take close to 7 - 8 minutes for the tokens to reflect in your PloyGon Wallet. Actually, the transfer happened much faster and I would say that it happened in less than 5 minutes time frame.
Bought Some $VIDYA tokens
Finally bought some more $VIDYA tokens and get close to my target of having close to 100K+ $VIDYA tokens.
So that's its guys; simple and easy steps to get your ERC-20 tokens shifted to the Polygon Matic network.
#polygon #bridge #erc20 #exchange
Best Regards
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Image Courtesy: wallet.matic.network
Posted Using LeoFinance Beta
Thank you for sharing
Posted Using LeoFinance Beta
So using same ETH address, I can connect to BSC, ETH mainnet and Polygon too?
Is any other chain exist where I can use the same ETH address?
Posted Using LeoFinance Beta
Found this tutorial very useful. Always had difficulty with this. Thanks for taking out time to do this and for breaking this out in simpler terms