MATIC to ETH Exchange | Convert Polygon (Matic Mainnet) to Ethereum on SimpleSwap (2024)

FAQs

How to transfer from Polygon mainnet to Ethereum mainnet? ›

This is because MetaMask supports both networks. Just make sure you have the right network selected and that you have the token added, and your tokens will be visible. However, if you wish to transfer your MATIC from Polygon to Ethereum (convert them into ERC-20) or vice versa, you will need to use a bridge.

Wormhole. Known as the best Polygon to ETH bridge, Wormhole platform is not a cross-chain bridge itself. It is a messaging protocol that supports development and operations of on-chain bridge systems between heterogeneous decentralized networks.

Choose the exchange pair: Polygon vs Matic (ERC20), in this case. Enter the address of the recipient to process the Polygon - Matic (ERC20) transaction. Check the rate: how many MATIC in Matic (ERC20) you'll receive. Confirm the transaction, make the deposit, and you've converted 1 Polygon to Matic (ERC20)!

Bridging Polygon (MATIC) ERC-20 tokens to Ethereum (ETH) is a process that allows users to move assets freely between the Ethereum (ETH) and the MATIC ecosystem.

Connecting to Polygon

MetaMask is set up for use on Ethereum by default. You will need to connect the Polygon network first.

When you receive MATIC into your exchange wallet, choose to “Withdraw” via cryptocurrencies. Enter your Metamask Polygon address as the destination address. Your MATIC address is found on your MetaMask wallet and it is the same as your ETH address.

Enter the address of the recipient to process the Polygon (POL) - Ethereum transaction. Check the rate: how many MATIC in Ethereum you'll receive. Confirm the transaction, make the deposit, and you've converted 1 Polygon (POL) to Ethereum!

How much does it cost to bridge from Polygon to Ethereum? ›

Polygon to Ethereum bridge fees

However, using the bridges mentioned before as an example, the gas fees of Matic Bridge can go from $42 to $200 while in Hop Protocol it's around 0.04% of the total transaction. In order to reduce these fees, you could optimize the transaction time.

The Polygon network has two bridges — the Plasma Bridge and the proof-of-stake (PoS) Bridge — to validate transactions. The cheapest way to bridge Ether (ETH) to Polygon is via the PoS Bridge.

Sending a token minted on Matic on the Ethereum network to an Ethereum address (Metamask) will be successful. But sending a token minted on Matic on the Ethereum network to a Polygon address on the Polygon network (on Metamask) will result in lost funds. The reverse is also the same.

In other words, Polygon, formerly known as Matic network, provides an easy framework for new and existing blockchain projects to build on Ethereum without scalability issues. Using Polygon, users can interact with any decentralized application (DApp) without ever having to worry about network congestion.

Polygon's blockchain can be used in supply chain management as it can help track shipments and provide transparency. MATIC is an Ethereum-based ERC-20 token, but it also has a native token on the Polygon network.

Sending a token minted on Matic on the Ethereum network to an Ethereum address (Metamask) will be successful. But sending a token minted on Matic on the Ethereum network to a Polygon address on the Polygon network (on Metamask) will result in lost funds. The reverse is also the same.

Bridge Polygon to BASE

Now bridge MATIC or other tokens from Polygon network to BASE network with a single click. With Obvious smart contract wallet, you can pay gas fees in a token of your choice while bridging your tokens and execute swaps with just a single click.