Withdraw from a “hot-wallet” to a centralised exchange “CEX”

To transfer funds from your hot wallet to an exchange like Coinbase or Binance on the Polygon network, you will need to perform the following steps:

1. Connect your hot wallet to the Polygon network by adding a custom RPC URL in the wallet settings. The URL for the Polygon network is: https://rpc.polygon.io
2. Obtain the deposit address for the cryptocurrency you wish to transfer from the exchange (Coinbase or Binance). This address will be a string of letters and numbers that represents your account on the exchange.
3. In your hot wallet, navigate to the "Send" or "Transfer" option and input the deposit address from the exchange as the recipient address.
4. Enter the amount of cryptocurrency you wish to transfer and confirm the transaction.
5. Wait for the transaction to be confirmed on the Polygon network. This can take a few minutes to several hours, depending on network congestion.
6. Once the transaction is confirmed, the funds will be credited to your account on the exchange and will be available for trading or withdrawal.

<aside> 💡 Please note that, different exchanges have different process of deposit, check their website or support team for more information.

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