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You will be prompted for the NFT address and the token ID. On OpenSea find the NFT address and the token ID under the ‘Details’ section on the listing for the NFT as shown below (you’ll need to expand the Details tab to see them). are there any good free vpn services privacy guides LAKE is an innovative Web3 ecosystem facilitating a fair and decentralized access to water worldwide. With a mission to connect millions to Web3, LAKE sparks transformative change in how we perceive and manage this increasingly scarce vital resource. Once you click “Approve”, Polygon Network will be added and accessible in your network selector. MetaMask is one of the most popular software wallets that is available to crypto users across the world.
Step 1: Install MetaMask Wallet
You can buy MATIC via MoonPay or through any of our partner wallet applications with a credit card, bank transfer, Apple Pay, Google Pay, and many other payment methods. Just enter the amount of MATIC you wish to purchase and follow the steps to complete your order. Utilize cross-chain bridges like the Polygon Bridge to move assets between Ethereum and Polygon seamlessly.
After adding Polygon as a new network, a popup box will appear with the option to switch by clicking “Switch to Polygon”. If you haven’t already, download and install the MetaMask extension for your browser or the MetaMask app for your mobile device. MetaMask is available on Chrome, iOS, and Android devices.
Step 3: Select Polygon Amoy Network
MetaMask is available to download and install on Chrome/Firefox, iOS, or Android through the MetaMask website. Learn what’s the difference between saas paas and iaas more about Consensus 2024, CoinDesk’s longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.
Step 1: Add Polygon Amoy network
Polygon has its native token called MATIC, which serves as the primary currency for transactions and securing the network. As for the time of writing, the coin ranks 17th in terms of market capitalization. One of the main advantages of using the Polygon network is its fast confirmation times and low transaction fees.
This means you can use the same MetaMask wallet address to send and receive transactions on the Polygon network as you would on other networks supported by MetaMask. However, it is important to note that the wallet address may differ if you use a different wallet to interact with the Polygon network. Additionally, the Polygon network may be an excellent addition to your current holdings if you want to diversify your cryptocurrency portfolio. The network offers interoperability with other blockchains, making moving assets between networks easier. Once you have added the Polygon network to MetaMask, you can switch between Ethereum and Polygon by selecting the network dropdown menu and choosing the network you want to use.
Go to the official MetaMask website, select the version suitable for your device (browser extension or mobile app), and follow the instructions to download and install. Open MetaMask and choose to either ‘Create how can i accept bitcoin payments 2021 a New Wallet’ (for new users) or ‘Import Wallet’ (for existing users). New users will need to create a password and store their recovery phrase safely. Polygon, previously known as Matic Network, is a Layer 2 solution for Ethereum. It aims to address Ethereum’s scalability issues by providing a framework for building and connecting multiple blockchain networks. All the features are making it an attractive option for developers and users.
Step 1: MetaMask Installation & Wallet Creation
MetaMask, one of the most widely-used cryptocurrency wallets, serves as a gateway to the decentralized web. One of Polygon’s major advantages is its wide range of available DApps, from games to decentralized finance platforms (DeFi). You now have access to the Polygon ecosystem directly from your MetaMask portfolio. In this article, we will guide you on setting up the Polygon Network on the MetaMask wallet. Here, you need to add the testnet using its network parameters. With this token, you can make up to 40,000 requests per day with the speed of 60 requests per second.
- As a result, different networks can be created for specific use cases, such as gaming or DeFi, while maintaining interoperability.
- Following our step-by-step guide and best practices for using the network, users can access a wide range of decentralized applications, including DeFi, NFTs, gaming, and more.
- All the features are making it an attractive option for developers and users.
- Dive into blockchain-based games with lower transaction costs that run on Polygon, such as Decentraland, Zed Run, and Aavegotchi.
The network achieves this thanks to its Proof of Stake (PoS) consensus algorithm, reducing the computational requirements needed to validate transactions. This means transactions can be processed faster and at a lower cost compared to the Ethereum network. Polygon styles itself as “Ethereum’s internet of blockchains”.
