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Polygon Defined 👉
How To Create A Metamask Pockets 👉
How Aave Works 👉
Uniswap Information 👉
Final Altcoin Exit Technique 👉
– TIMESTAMPS –
2:01 What’s Polygon?
4:06 How To Create Polygon Pockets With Metamask
5:24 How To Add Ethereum Tokens To Polygon Pockets
8:34 How To Repair Lacking Tokens On Polygon Pockets
9:20 How To Use Aave On Polygon
12:57 How To Use Quickswap On Polygon
15:13 How To Transfer Polygon Tokens Again To Ethereum
⛓️ 🔗 Helpful Hyperlinks 🔗 ⛓️
► Metamask Pockets Obtain:
► Polygon Community Metamask Particulars (Discover ‘Polygon Mainnet’):
► Polygon Matic Bridge:
► Polygon Aave:
► Polygon Quickswap:
👨🏫What Is Polygon?👨🏫
Polygon was based in 2017 by a workforce of proficient Ethereum builders who had been instrumental in growing a few of Ethereum’s scaling applied sciences.
The way in which Polygon achieves that is by creating a replica of the Ethereum blockchain referred to as a toddler chain which is greater than 500 instances sooner than Ethereum.
👨💻How To Create Polygon Metamask Pockets👨💻
Open up your Metamask pockets, click on the three dots on the appropriate facet of your pockets handle, and click on broaden view. Click on on the highest proper of the webpage the place it says Ethereum Mainnet.
This could open a set of community choices, and on the backside you’ll see an possibility referred to as Customized RPC. Click on on that. This can take you to a web page the place you may enter all of the blockchain particulars for Polygon.
🏦How To Deposit Cryptocurrency To Polygon Metamask Pockets🏦
You can not ship any Ethereum tokens on to the Matic pockets handle you simply created on Metamask
It’s essential to ship these to your Ethereum pockets handle on Metamask first in order that they are often transformed utilizing the Matic bridge
This conversion course of goes to require some ETH and MATIC. What this implies is that you might want to have ETH and MATIC along with the opposite tokens you wish to use on Polygon
🛠How To Repair Lacking Cryptocurrency On Polygon Metamask Pockets🛠
If the Polygon bridge web page doesn’t load, it’s as a result of there appears to be a battle between the Metamask pockets and Coinbase pockets browser extensions. You’ll have to uninstall the Coinbase pockets browser extension, however ensure you’ve saved your seed phrase earlier than you do!
💰How To Use Aave On Polygon💰
Aave is a decentralized lending and borrowing protocol that allows you to lend and borrow cryptocurrency with out a financial institution or credit score rating.
I occur to be fairly bullish on the Matic token, so I’m going to deposit a few of my MATIC tokens as collateral to get USDC and purchase much more Matic tokens
On this case I’m going to deposit all however two of the MATIC tokens I’ve to verify I’ve sufficient for gasoline charges. Now I’ve extra USDC than I initially had that I can use to purchase extra MATIC tokens with!
💱How To Use Quickswap On Polygon💱
Polygon has it’s personal model of Uniswap referred to as Quickswap. Quickswap is principally a carbon copy of Uniswap with a number of minor particulars that I gained’t get into right here
Utilizing Quickswap is tremendous straight ahead. Simply click on join pockets on the highest righthand nook, choose Metamask, verify in your pockets that you simply wish to hook up with Quickswap, and also you’re all set
To swap a cryptocurrency, simply choose the one you wish to swap from and the one you wish to swap to, choose the quantity, click on approve, after which pay the miniscule gasoline payment in Matic tokens. Cha ching!
💸How To Withdraw Cryptocurrency From Polygon Metamask Pockets💸
Shifting your crypto off Polygon is simply the reverse of the method you used to get your crypto onto Polygon. The distinction is that it takes for much longer and may be way more costly, so be careful for these gasoline charges and switch instances within the pop up home windows you get!
📜 Disclaimer 📜
The data contained herein is for informational functions solely. Nothing herein shall be construed to be monetary authorized or tax recommendation. The content material of this video is solely the opinions of the speaker who will not be a licensed monetary advisor or registered funding advisor. Buying and selling cryptocurrencies poses appreciable danger of loss. The speaker doesn’t assure any explicit end result.
#Polygon #Ethereum #MATIC #crypto #gasoline #defi #blockchain
Source: Coin Bureau