How to Send & Receive MATIC
A MATIC wallet allows you to store, send, and receive MATIC tokens, the native cryptocurrency of the Polygon network. It’s essential for interacting with the Polygon network, whether you're transferring tokens, engaging with dApps, or participating in blockchain governance.
- Sign up on Ka.app.
- Complete the KYC check.
- Go to the home screen and tap/click MATIC to see your wallet address.
Buy MATIC Conveniently
Simplify the process of buying MATIC with Ka.app. Choose from IBAN, credit/debit card, Apple Pay, bank transfers, and other payment methods.
Transfer MATIC for Free
Take advantage of free MATIC transfers with other Ka.app users. Send and receive tokens within seconds from any supported country.
Convert MATIC to Other Currencies
Convert your MATIC to EUR or other crypto in a few easy steps. Adapt to market changes or preserve value, whatever suits your preferences.
Store MATIC Securely
Your tokens are safe with Ka.app. Strong security measures are in place, including two-factor authentication (2FA), regular software updates, KYC checks, etc.
Interested in doing easy crypto payments? It all starts with creating a Ka.app account.
To send MATIC, you can enter the recipient’s mobile number or scan their QR code. Then, choose MATIC as the currency, specify the transaction amount, and confirm with your passcode. To receive MATIC, just share your QR code, mobile number, or wallet address to the sender and wait for the tokens to arrive.
FAQs
Wanna know more? Look no further
As mentioned above, MATIC is the native token of the Polygon network, which is designed to provide scalable and instant blockchain transactions. Polygon aims to address some of Ethereum's major limitations using a novel sidechain solution. Aside from being a speculative asset and payment method, MATIC tokens can also be used to pay for transaction fees on the Polygon network, participate in proof-of-stake consensus, and vote on governance decisions within the ecosystem.
Yes, MATIC originally started as an ERC-20 token on the Ethereum blockchain. This means it complies with the ERC-20 standard, which is a common framework for creating interoperable contracts on the Ethereum blockchain. However, with the development of the Polygon network, MATIC tokens now also exist on the Polygon blockchain, which operates as a layer 2 scaling solution for Ethereum.
Yes, creating and using a MATIC wallet itself is free. There are many wallet services that support Polygon, and one of those is Ka.app.
Yes, you can send MATIC tokens from the Polygon network to an Ethereum wallet, considering the wallet supports ERC-20 tokens. However, because Polygon operates on a separate layer, you'll need to use a bridge to transfer MATIC tokens from Polygon to the Ethereum mainnet. It's important to ensure the correct configuration of your wallet to support these cross-chain transfers to avoid losing tokens.
You need to use a wallet that supports the Ethereum and Polygon networks, such as Ka.app, to generate a MATIC wallet address. Sign up on Ka.app, go through the KYC checks, and get your wallet address on the platform.
Creating a Ka.app account is free, and you can send MATIC to other users free of charge. However, converting funds, buying crypto, and withdrawing funds come with service fees. The amount of fees may vary based on several factors, such as your payment method for buying tokens, amount of transaction, and whether you’ve locked up KASTA tokens in the app or not. Those who lock up KASTA enjoy discounted fees as low as 0.376% of the transaction amount.
