Matic Bridge explained. Deposit funds from Ethereum to Polygon. - AlphaWallet (2024)

So you are planning to deposit funds from Mainnet Ethereum to Polygon Mainnet. Here is a tutorial on how to use Matic Bridge in the AlphaWallet app. If you are transferring tokens from Ethereum, you will receive exactly the same number of tokens on Polygon. Usually, it takes up to 5 minutes. If you want to withdraw tokens from Polygon to Ethereum, it might take up to 3 hours (or 7 days depending on the method).

Step 1. Open AlphaWallet app

If you don’t have the AlphaWallet app yet, you can download it here. If you already have a wallet with funds, you have to import a wallet. Note, that we are an open-source (audited many times), non-custodial wallet with a secure-enclave security level. So your funds are safe.

Step 2. Open Browser

Go to the Browser tab. Open side menu (3 dots in the top right corner). Select ‘Scan QR Code for URL’

Matic Bridge explained. Deposit funds from Ethereum to Polygon. - AlphaWallet (1)

Step 3. Scan QR Code

You have to open Matic Bridge https://wallet.matic.network/bridge. You can just scan a QR code below. It will open a right link for you.

Matic Bridge explained. Deposit funds from Ethereum to Polygon. - AlphaWallet (2)

Step 4. Connect

Inside the Matic Bridge (Polygon), select ‘Metamask’. Confirm the transaction. You are now connected to the Matic Bridge. Enter the amount you want to transfer from Mainnet Ethereum to Polygon Mainnet.

Matic Bridge explained. Deposit funds from Ethereum to Polygon. - AlphaWallet (3)

Step 5. Continue

After you enter the amount, tap on ‘Transfer. Then just tap on ‘Continue’ button few times.

Matic Bridge explained. Deposit funds from Ethereum to Polygon. - AlphaWallet (4)

‘Continue’ , then ‘Continue’. At one point, you will have to sign a transaction with AlphaWallet. Confirm.

Matic Bridge explained. Deposit funds from Ethereum to Polygon. - AlphaWallet (5)

Now, you have to be patient. There is a chance that you will have to confirm one more transaction. But most likely, just wait until you see new activity. It will indicate that the transaction is confirmed and your funds deposited to Matic/Polygon network. Boom! You made it!

Matic Bridge explained. Deposit funds from Ethereum to Polygon. - AlphaWallet (6)

Read: Matic Wallet

Matic Bridge explained. Deposit funds from Ethereum to Polygon. - AlphaWallet (2024)

FAQs

Matic Bridge explained. Deposit funds from Ethereum to Polygon. - AlphaWallet? ›

- Go to the Polygon bridge website at https://wallet.matic.network/bridge. - Connect your Ethereum wallet, such as Metamask, to the website. - Choose the token you want to transfer, which in this case would be MATIC. - Enter the amount of MATIC you want to transfer and click on the "Deposit" button.

How do I send Matic from ETH network to Polygon? ›

- Go to the Polygon bridge website at https://wallet.matic.network/bridge. - Connect your Ethereum wallet, such as Metamask, to the website. - Choose the token you want to transfer, which in this case would be MATIC. - Enter the amount of MATIC you want to transfer and click on the "Deposit" button.

What happens when you bridge Ethereum to Polygon? ›

In conclusion, bridging tokens from Ethereum to Polygon is a process that allows users to move assets freely between the Ethereum (ETH) and Polygon (MATIC) networks. The process is relatively straightforward and can be done in a few steps.

How do you move ETH from Ethereum to Polygon? ›

To send your tokens from the Ethereum mainnet to Polygon, go to the [Deposit] tab. Click on the token name to choose the token to bridge. In this example, we'll use ether (ETH). Enter the amount and click [Transfer].

What is the difference between Matic on Ethereum and matic on Polygon? ›

What is the difference between MATIC on Polygon and Matic on Ethereum? The short Matic (Eth) is an ERC20 token on the Ethereum blockchain. Matic (Polygon/Matic) is the native token on the Polygon blockchain (the secondary scaling solution mentioned above).

Can I send Matic to Polygon network? ›

Polygon PoS (Proof of Stake) is a blockchain in which validators and delegators stake MATIC on the Ethereum mainnet to secure the Polygon network. Anyone can stake MATIC but usually you need to connect to Polygon staking's website. You also need to manually select the validator.

How long does it take to bridge from ETH to Polygon? ›

Wait for your cross-chain bridge transaction to Polygon to complete. You will then receive your wrapped ETH (WETH) on Polygon. Please Note: Most cross-chain transfers are completed almost instantaneously, however some may take as long as 20 minutes to complete depending on how much traffic the chain is experiencing.

How does Polygon bridging work? ›

The Polygon Bridge is an application that helps to facilitate the transfer of different tokens between independent blockchains. Ethereum users can leverage the Polygon Bridge to transfer their ERC tokens and non-fungible token (NFT) assets to the Polygon network via smart contracts.

How much is the Polygon to Ethereum bridge fee? ›

Will require you to pay $0.02 approximately as a transaction fee. Step 5: After crossing all the checkpoints of the Matic Bridge, you will have to pay the gas fee, then wait for the transfer to be confirmed on Ethereum. Once this is done, the transfer from Polygon to Ethereum will be completed successfully.

What is the best bridge from Ethereum to Polygon? ›

The most affordable and secure way to bridge your tokens from Ethereum to Polygon is by using Synapse. The Synapse platform supports multiple Web3 wallets including MetaMask, Wallet Connect, Binance Wallet, Coinbase Wallet and Terra Station.

Is Matic mainnet the same as Polygon mainnet? ›

The Polygon Network (previously known as Matic Network) powers the platform, which is a sidechain-based scaling solution that uses Plasma technology and cutting-edge Proof-of-Stake consensus to enable fast and low-cost transactions.

Can you send ETH to a Polygon wallet? ›

⚡ How it works

Next, users can click on Move funds from Ethereum to Polygon to begin the transfer process. Here, they need to select the token, which in this case is ETH, as well as the amount the user wishes to transfer. The two chains are already set as from Ethereum to Polygon, and currently cannot be changed.

How do you move ETH from Ethereum to Polygon in MetaMask? ›

Select the token you want to transfer and click on the "Transfer" icon. Your asset should be deposited within 7-8 minutes. You'll be asked to sign and authorize the transaction in your MetaMask wallet, where you'll also see the gas fee.

What is the cheapest way to bridge matic to Polygon? ›

The most affordable and secure way to bridge your tokens from Ethereum to Polygon is by using Synapse. The Synapse platform supports multiple Web3 wallets including MetaMask, Wallet Connect, Binance Wallet, Coinbase Wallet and Terra Station.

How do I add Matic to my Polygon network? ›

Add the Polygon network manually​

In the Settings tab you can add Matic Mumbai in the Network Name field, URL https://rpc-mumbai.maticvigil.com/ in the New RPC URL field, 80001 in Chain ID field, MATIC in Currency Symbol field and https://mumbai.polygonscan.com/ in Block Explorer URL field.

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