How To Use PolyGon Bridge Guide To Exchange Your ERC-20 Tokens For Tokens on Matic Network

Hey All;

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This is a quick guide to leverage Polygon Bridge - Matic Wallet to exchange your ERC-20 tokens with tokens on the Matich network. I had a couple of ETH, not much exactly close to 0.04 ETH lying on ETH wallet and I wanted to leverage the ETH to exchange some $VIDYA tokens.

There is a guide available as well to do the exchange and you can refer it Here - How iT Works. Its a detailed guide but what, I'm going to tell here are some quick steps to exchange your ERC-20 tokens to Matic tokens.

Guide to Exchange Your ERC-20 Tokens with Matic TOkens

  • Step 1 - Connect to the Matic Wallet by any of the following Wallet connect tools:: Metamask, WalletConnect & Walletlink

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  • Step 2 Click Move Funds From Ethereum To PolyGon Button

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Step 3- Select The ERC-20 token to be Transfered

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At the moment, I have only 0.009 ETH in my wallet. But, I did transfer 0.04 ETH and the same can be depicted in the following image.

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You will need to approve the transaction and as stated in the image; it may take close to 7 - 8 minutes for the tokens to reflect in your PloyGon Wallet. Actually, the transfer happened much faster and I would say that it happened in less than 5 minutes time frame.

Bought Some $VIDYA tokens

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Finally bought some more $VIDYA tokens and get close to my target of having close to 100K+ $VIDYA tokens.

So that's its guys; simple and easy steps to get your ERC-20 tokens shifted to the Polygon Matic network.

#polygon #bridge #erc20 #exchange

Best Regards

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3 comments
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So using same ETH address, I can connect to BSC, ETH mainnet and Polygon too?
Is any other chain exist where I can use the same ETH address?

Posted Using LeoFinance Beta

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Found this tutorial very useful. Always had difficulty with this. Thanks for taking out time to do this and for breaking this out in simpler terms


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