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Send and receive Polygon (MATIC)
Send and receive Polygon (MATIC)

Send and receive Polygon (MATIC)

Support Specialist avatar
Written by Support Specialist
Updated over a week ago

Polygon is a protocol and a framework for building and connecting Ethereum-compatible blockchain networks, aggregating scalable solutions on Ethereum, and supporting a multi-chain Ethereum ecosystem.

Polygon combines the best of Ethereum and sovereign blockchains into a full-fledged multi-chain system. It solves pain points associated with Blockchains, like high gas fees and slow speeds, without sacrificing security. It is able to fully benefit from Ethereum’s network effects, inherently more secure, and more open and powerful.

Learn more about the Polygon here.

Receive MATIC

  1. Go to your home screen

  2. Tap [Receive]

  3. Select MATIC

  • Make sure you choose the correct network to receive MATIC, Crypto.com DeFi Wallet app currently supports the native Polygon network and ERC20

  1. Copy / share the QR code of your MATIC address with your sender

Send MATIC

  1. Go to your home screen / MATIC wallet

  2. Tap [Send] and select MATIC if you enter via home screen

  3. Paste/scan the QR code of the MATIC address of your recipient

  4. Tap [Next]

  5. Enter the send amount and tap [Send]

  6. Select the correct network to send your MATIC tokens, Crypto.com DeFi Wallet app currently supports the native Polygon network and ERC20

  7. Review your recipient address, send amount, estimated network fee, and the total amount

    • To send a native Polygon token, you’ll need MATIC as a network fee

    • To send ERC20 token, you’ll need ETH as a network fee

  8. Tap [Confirm to send]

  9. Authorize the send transaction with your passcode (and 2FA code if enabled)

  10. See the pending to be sent screen and wait for the on-chain confirmation of your MATIC sending

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