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How does matic coin refer to wallet?

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2024-04-30 13:22:44892browse

Withdrawing MATIC tokens from an exchange to a wallet requires the following steps: Choose a wallet that supports MATIC, such as MetaMask. Log in to the exchange and go to the "Withdrawal" page. Enter the wallet public key address and withdrawal amount. Select the Polygon network. Confirm the transaction and complete the verification. Monitor transaction progress and confirm receipt.

How does matic coin refer to wallet?

How to withdraw MATIC tokens from exchange to wallet

Steps:

Step 1: Choose a wallet that supports MATIC

Choose a safe and reliable wallet to store MATIC tokens, such as MetaMask, Trust Wallet or Coinbase Wallet. After creating your wallet, record your public key address or mnemonic phrase.

Step 2: Go to an exchange

Log in to the exchange holding MATIC tokens and navigate to the Withdraw page.

Step 3: Enter details

On the withdrawal page, select MATIC as the token to withdraw. Enter the wallet public key address you recorded in step 1. Be sure to double-check the address as mistakes can result in lost coins.

Step 4: Specify Withdrawal Amount

Enter the amount of MATIC tokens you want to withdraw from the exchange.

Step 5: Choose a Network

Most exchanges allow you to withdraw your coins through multiple networks. For MATIC, choose Polygon network.

Step 6: Confirm Transaction

After double-checking all the details, confirm the transaction. The exchange may send you an email or text message for verification. Follow the instructions to complete the withdrawal.

Step 7: Monitor the Transaction

Use your wallet or a blockchain browser such as Polygonscan to monitor the progress of the transaction. Withdrawals usually take anywhere from a few minutes to a few hours, depending on network congestion.

Step 8: Confirm receipt

Once the transaction is confirmed, MATIC tokens should appear in your designated wallet.

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