MetaMask has always been the go-to wallet for accessing the Ethereum network. In this step-by-step guide, we´ll explain how to connect Polygon Network to Metamask and access decentralized apps and DeFi platforms at a fraction of the cost of Ethereum.
Users are getting increasingly frustrated with the sky-high prices when interacting with the Ethereum network and are now searching for ways to reduce their costs. Polygon Network (formerly known as Matic) is a layer-2 scaling solution that improves the functionality of the Ethereum blockchain by increasing its network scalability and overall transaction speed.
What is the Polygon Network?
Polygon is a protocol for building and connecting Ethereum-compatible blockchain networks. The aim is to solve issues that are combined in other blockchains such as high gas fees and slow speeds without sacrificing security. The system is similar to the likes of Polkadot, Cosmos, or Avalanche but is more open and secure. Plus it is able to fully benefit from Ethereum´s network effects.
Polygon’s cheaper transaction costs and faster block time have driven increased adoption by a number of popular Dapps such as Aave, 0x or Sushiswap.
How to Connect Polygon Network to MetaMask
Below are the details that you will need to add to connect to your MetaMask to Polygon network. However, before making any major changes in your Metamask wallet, please ensure that you have access to your private keys/secret phrase so that you can back up/restore your wallet in case something goes wrong.
Step 1: Open MetaMask and select the circle icon on the right hand side of the screen.
Step 2: Select “Settings” and then “Networks” from the left hand side of the screen.
Step 3: Click onto “Add Network” and enter the below details;
- Network Name: Polygon
- New RPC URL: https://rpc-mainnet.maticvigil.com/
- ChainID: 137
- Symbol: MATIC
- Block Explorer URL: https://explorer.matic.network
Step 4: Scroll to the bottom and click “Save“.
Polygon will then be available in MetaMask
Once you’ve got your Metamask wallet connected to polygon you can then use it with apps such as Aave, 0x or Sushsiswap. However, you will need some MATIC tokens to pay for transaction fees.
How to Send Matic Tokens to Polygon Network
To use the Polygon Network, you´ll need some MATIC tokens to pay for the gas fees. This is in the same way that you need ETH for Ethereum and BNB for the Binance Smart Chain, If you already hold some MATIC tokens in an Etehereum based wallet (such as Metamask) that you´ve purchased from the likes of the Binance Exchange or Uniswap, you´ll first need to bridge these from Ethereum to the Polygon Network.
To Bridge your MATIC Tokens
Step 1: Head across to the Matic Wallet V2 where you’ll be prompted to connect a wallet.
Step 2: “Connect” your Metamask Wallet, “Sign the Transaction” and ensure that Metamask is connected to the Ethereum Mainnet. This where you’re MATIC tokens should currently be to perform the bridge.
Step 3: From the top of the screen click “Apps” and choose “Polygon Bridge“. Here is where you can swap your tokens from ERC20 tokens to the Polygon network
Step 4: Choose “MATIC” from the dropdown list and enter the “Amount” you’d like to bridge.
Step 5: Click onto “Transfer“. Where you’ll receive a prompt informing you that moving funds from Ethereum to Polygon takes around 7 to 8 minutes.
Step 6: Click ‘Continue“. Where it’ll show you a transfer overview including all the estimated fees
Step 7: “Continue” and “Confirm” then “Approve the transaction” inside your MetaMask Wallet.
When the bridge has compelted its transfer, your MATIC tokens will then appear in my polygon wallet under the list of tokens along with the token balance. Plus they will also in your MetaMask wallet under the Polygon Network.
Now that you have your matic available in your Metamask wallet you can now use Dapps with the polygon network with cheaper and faster transactions.