To fund a web3 wallet on the Polygon network with the MATIC token from Coinbase or Binance, you will need to follow these steps:
- First, you will need to have a web3 wallet that is compatible with the Polygon network. Some popular options include MetaMask and Trust Wallet.
- Next, you will need to connect your web3 wallet to your Coinbase or Binance account. This can typically be done by linking your web3 wallet to your Coinbase or Binance account using your email address or mobile number.
- Once your web3 wallet is connected to your Coinbase or Binance account, you will need to purchase some MATIC tokens. This can typically be done by going to the "Buy" or "Trade" section of your Coinbase or Binance account and selecting MATIC as the token you want to purchase.
- After purchasing the MATIC tokens, you will need to transfer them from your Coinbase or Binance account to your web3 wallet. This can typically be done by going to the "Send" or "Withdraw" section of your Coinbase or Binance account and entering the address of your web3 wallet as the destination for the transfer.
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💡 Make sure you are sending MATIC to the correct network, which should be “Polygon” NOT Ethereum
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- Once the MATIC tokens have been transferred to your web3 wallet, they will be available to use on the Polygon network. You can use them to pay for transaction fees, participate in decentralized applications, or trade on decentralized exchanges.
Note: Make sure you have enough gas or transaction fees to transfer the tokens from coinbase/binance to your web3 wallet.