Welcome to this guide, where we will see how you can withdraw your Polygon tokens (MATIC) outside Binance or any other exchange where you have them deposited.
In this case, we are going to see the example with Binance, as it is the most used platform, but the operation is the same if you use KuCoin or other platforms. We are going to withdraw it to a wallet, in this case we will use Metamask, as it is the most popular one compatible with the Polygon network.
In case you don’t have an account with binance, you can create one just below.
Platform: Binance
Min. deposit: $10
License: Cysec
Very low commissions
Exchange with more cryptocurrencies
From Binance to Metamask on the Polygon network
Let’s assume that you already have Polygon in your Binance balance. If not, you can see here how to buy this cryptocurrency in Binance. Once from our main panel, we will go to wallet, fiat and spot.
Here, we will go to the search engine and search for the cryptocurrency, in this case Matic. Once it appears, you will see different actions on the right side. Click on withdraw.
Now you will find yourself in the Binance withdrawal panel. The next thing to do is to know the address where to send the cryptocurrencies. To do this, open your metamask wallet, and click on the top center, under the name. You will see that the address of your wallet is copied.
We go back to Binance and paste the address we just copied. With this, the next thing is to indicate the network. Here, the most common is to indicate the Polygon network. But if you want to use MATIC on other networks such as BSC or Ethereum, then you will have to indicate these networks. The most common is to use MATIC on its own network, so in this example we will select the Polygon network.
Now, just indicate the amount you want to withdraw and check all the information, such as the address and the correct network. If so, click on withdraw and confirm the withdrawal with the confirmation codes.
In this simple way, you will be able to withdraw your MATICs to your metamask wallet to use them in a protocol or store them in a more secure way.
In case you don’t have the Polygon network configured, you can see here a guide to configure this network with Metamask.
I hope it has helped you to withdraw your MATICs without losing them along the way. Remember that if you don’t have an account with binance, you can create one just below.
Platform: Binance
Min. deposit: $10
License: Cysec
Very low commissions
Exchange with more cryptocurrencies
