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Polygon Explained 👉 https://youtu.be/34wQaNSvi10
How To Create A Metamask Wallet 👉 https://youtu.be/MfkqgXNPiHg
How Aave Works 👉 https://youtu.be/NOk6OTFTsvw
Uniswap Guide 👉 https://youtu.be/GREUQeHpQeQ
Ultimate Altcoin Exit Strategy 👉 https://youtu.be/ZGd6O79_MOc
– TIMESTAMPS –
2:01 What is Polygon?
4:06 How To Create Polygon Wallet With Metamask
5:24 How To Add Ethereum Tokens To Polygon Wallet
8:34 How To Fix Missing Tokens On Polygon Wallet
9:20 How To Use Aave On Polygon
12:57 How To Use Quickswap On Polygon
15:13 How To Move Polygon Tokens Back To Ethereum
⛓️ 🔗 Useful Links 🔗 ⛓️
► Metamask Wallet Download: https://metamask.io/obtain.html
► Polygon Network Metamask Details (Find ‘Polygon Mainnet’): https://neighborhood.metamask.io/t/how-to-add-custom-networks-to-metamask-like-binance-and-polygon-matic/3634
► Polygon Matic Bridge: https://pockets.matic.community/login?subsequent=%2Fbridgepercent2F
► Polygon Aave: https://app.aave.com/markets
► Polygon Quickswap: https://quickswap.change/
👨🏫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 approach Polygon achieves that is by creating a replica of the Ethereum blockchain known as a toddler chain which is greater than 500 instances quicker than Ethereum.
👨💻How To Create Polygon Metamask Wallet👨💻
Open up your Metamask pockets, click on the three dots on the correct aspect of your pockets handle, and click on increase view. Click on the highest proper of the webpage the place it says Ethereum Mainnet.
This ought to open a set of community choices, and on the backside you’ll see an choice known as Custom RPC. Click on that. This will take you to a web page the place you’ll be able to enter all of the blockchain particulars for Polygon.
🏦How To Deposit Cryptocurrency To Polygon Metamask Wallet🏦
You can’t ship any Ethereum tokens on to the Matic pockets handle you simply created on Metamask
You must 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 it’s essential have ETH and MATIC along with the opposite tokens you need to use on Polygon
🛠How To Fix Missing Cryptocurrency On Polygon Metamask Wallet🛠
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 must uninstall the Coinbase pockets browser extension, however be sure to’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 no 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
In this case I’m going to deposit all however two of the MATIC tokens I’ve to ensure I’ve sufficient for fuel 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 known as Quickswap. Quickswap is mainly a carbon copy of Uniswap with a number of minor particulars that I gained’t get into right here
Using Quickswap is tremendous straight ahead. Just click on join pockets on the highest righthand nook, choose Metamask, affirm in your pockets that you just need to connect with Quickswap, and also you’re all set
To swap a cryptocurrency, simply choose the one you need to swap from and the one you need to swap to, choose the quantity, click on approve, after which pay the miniscule fuel price in Matic tokens. Cha ching!
💸How To Withdraw Cryptocurrency From Polygon Metamask Wallet💸
Moving 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 will be far more costly, so be careful for these fuel charges and switch instances within the pop up home windows you get!
📜 Disclaimer 📜
The info 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 shouldn’t be a licensed monetary advisor or registered funding advisor. Trading cryptocurrencies poses appreciable danger of loss. The speaker doesn’t assure any specific consequence.
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