[Binance, Kucoin, Gate.io] How to move MATIC from CEX to Wallet 1
Types of MATIC deposits and withdrawals network supported by exchange
| Supports both Polygon and ETH (ERC-20) networks | Supports Only ETH (ERC-20) network |
|---|---|
Binance, Kucoin, Gate.io | Coinbase, OKX, Upbit, Bithumb, Coinone |
⚠️ When sending MATIC to a personal wallet, please make sure that the exchange supports withdrawals to the network. When depositing and withdrawing assets that are not supported by the network, it is treated as an incorrect deposit and withdrawal and cannot be recovered.
⚠️ This information may be updated from time to time so please double-check centralized exchanges’ supporting network before making MATIC transaction.
How to move MATIC from Centralized Exchange (CEX)
If you have MATIC on an exchange such as Binance, gate io, Huobi, or Kucoin, you can immediately transfer it to your personal wallet that supports the Polygon network. One thing to note here is that withdrawals must be made to a wallet address that supports the Polygon network, such as a Metamask, and the withdrawal network must be set to ‘Polygon.’ The following withdrawal guideline is based on Binance.
● Eligible assets: MATIC (Polygon)
● Supported Exchanges: Binance, Kucoin, Gate.io
● Deposit procedure:
1) To withdraw MATIC from CEX, select “Polygon network”
2) Send MATIC (Polygon) to wallet
3) Transfer complete
4) Ready to deposit on the MATIC paired farming pool
Withdrawal Procedure
① Transfer MATIC (Polygon network) token from Binance to My Private Crypto Wallet
1. Purchase of MATIC on Centralized Exchange
Purchase MATIC on a centralized exchange that offers Polygon network such as Binance, Kucoin, and Gate.io.
2. Click “MATIC” in the Binance 'Spot' menu
Search MATIC and click on the icon in the Binance 'Spot' menu.
3. Click the withdraw button
Click the [Withdraw] button in the MATIC info window.
4. Select a transaction method
Select [Send via Crypto Network] in the pop-up window
5. Fill in MATIC transaction related informatio
Enter your crypto wallet address and the amount you want, then click the [Withdraw] button.
6. Check transfer information
Check the transfer-related information (address, network, coin type, coin quantity, fee, etc.) and click the [Confirm] button.
7. Verification
8. Confirm deposited TOKEN in my crypto wallet
The balance will be shown in your crypto wallet. To check deposited MATIC, make sure your crypto wallet network is set to the 'Polygon Mainnet'.
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