How to add Polygon (MATIC) to Metamask: Newest Guide 2023 - Is Crypto Over
Polygon, previously known as Matic Network, is a Layer 2 scaling solution for Ethereum. It aims to address the scalability and high transaction fees issue of the Ethereum network. With its fast and low-cost transactions, Polygon has quickly gained popularity in the decentralized finance (DeFi) space. In this article, we will show you how to add Polygon to Metamask, one of the most widely used Ethereum wallets.
Step 1: Update Metamask
Before we start, make sure you have the latest version of Metamask installed on your device. To update Metamask, go to the Chrome Web Store or Firefox Add-ons Store and search for Metamask. If there is an update available, click on "Update" to install the latest version.
Step 2: Go to the Network Switcher
Click on the network switcher in the top right corner of the Metamask website interface or in the top corner of the Metamask extension. Select "Add Network"
Step 3: Add Polygon Network
Add the ‘Polygon Mainnet’ Network from a list of popular networks suggested by Metamask or click ‘add a network manually’ and fill these following details
Network Name: Polygon
New RPC URL: https://polygon-rpc.com/
Chain ID: 137
Symbol: MATIC
Block Explorer URL: https://polygonscan.com/
Step 4: Switch to the Polygon Network
Once you have added the Polygon network, you will see it in the list of networks in Metamask. To switch to the Polygon network, click on the network dropdown in Metamask and select "Polygon."
Step 5: Verify the MATIC Balance
Once you have added MATIC to Metamask, you can verify your MATIC balance by clicking on the "Assets" tab in Metamask.
Frequently Asked Questions:
Q: What is Polygon?
A: Polygon, previously known as Matic Network, is a Layer 2 scaling solution for Ethereum that aims to address the scalability and high transaction fees issue of the Ethereum network.
Q: Why add Polygon to Metamask?
A: By adding Polygon to Metamask, you can store, send, and receive MATIC, the native token of Polygon, in your Metamask wallet. You can also interact with decentralized applications built on the Polygon network.
Q: Is Metamask the only wallet that supports Polygon?
A: No, there are other wallets that support Polygon, such as Trust Wallet and Binance Wallet. However, Metamask is one of the most widely used Ethereum wallets, and adding Polygon to Metamask is a simple and straightforward process.
Conclusion:
In this article, we have shown you how to add Polygon to Metamask. With fast and low-cost transactions, Polygon is quickly gaining popularity in the DeFi space. Adding Polygon to your Metamask wallet allows you to store, send, and receive MATIC, the native token of Polygon, and interact with decentralized applications built on the Polygon network. By following the steps outlined in this article, you can easily add Polygon to Metamask and start taking advantage of the benefits of the Polygon network.
As the world of decentralized finance continues to grow and evolve, it's important to stay up to date on the latest developments and advancements in the space. By adding Polygon to your Metamask wallet, you're positioning yourself at the forefront of the DeFi movement and taking control of your financial future.
This guide provides the most up-to-date information for 2023, and we hope it helps you get started with adding Polygon to your Metamask wallet. If you have any questions or need further assistance, feel free to reach out to the Metamask support team or the Polygon community for help. With the right tools and resources, you can easily take advantage of the exciting world of decentralized finance and explore all the opportunities that it has to offer.