To transfer MATIC from MetaMask to Coinbase, select MATIC (Polygon) in Coinbase.
Copy the deposit address.
Launch your MetaMask and select MATIC.
Click Send.
Paste the address that you have copied on Coinbase.
Enter the amount and click Next.
Lastly, click Confirm.
You can Send MATIC from MetaMask to Coinbase in two different ways ( through the web as well through a mobile application)
- Steps to Send MATIC (Polygon) from Metamask to Coinbase
- Steps to Send MATIC ( Polygon) from Metamask mobile application to Coinbase application.
Steps to Transfer MATIC from MetaMask to Coinbase
- Click Send/ Receive
- Select MATIC and Copy the Deposit Address
- Launch MetaMask
- Paste the Address and Enter the amount of MATIC
- Click Confirm
- Check Activity in MetaMask & Coinbase
1. Click Send/ Receive
Sign in to the Coinbase.
Click Send/ Receive in the upper right corner of the webpage.
Navigate to the Receive tab.
2. Select MATIC and Copy the Deposit Address
Now, click on the Asset field and select the cryptocurrency that you wish to send.
You can use the search tab to locate the crypto asset.
Then, you will be able to copy the address.
3. Launch MetaMask
Launch the MetaMask wallet extension.
Type in your password to unlock it.
To view MATIC, you must be in the Polygon Mainnet.
4. Paste the Address and Enter the amount of MATIC
You will see MATIC once you have switched over to the Polygon Mainnet.
Now, click Send.
You need to paste the address that you have copied in Step 2.
Then, you will be able to enter the MATIC that you wish to send.
Click the Max button if you want to send the maximum MATIC.
Lastly, click Next.
5. Click Confirm
After clicking Next, you will be able to see the estimated gas fee and the total MATIC after the gas fee deduction.
Click Confirm
6. Check Activity in MetaMask & Coinbase
You can check the status of this transaction in the Activity tab on your MetaMask wallet.
There you can see whether your transaction is pending or sent.
If you click on it, you will be able to see the transaction on PolygonScan
You can also head back to your Coinbase account and check the MATIC recent transactions by clicking on MATIC.
For us, it took 6 minutes to receive MATIC in Coinbase.
Steps to Transfer MATIC from MetaMask Application to Coinbase Application
- Tap Receive
- Select MATIC and Copy the Deposit Address
- Launch MetaMask Application
- Paste the Address and Enter the amount of MATIC
- Tap Confirm
- Check Status in MetaMask & Coinbase
1. Tap Receive
Launch the Coinbase mobile application.
You will be able to see multiple options on the home screen: Buy, Sell, Send, Convert, and Receive.
Tap Receive.
2. Select MATIC and Copy the Deposit Address
Now, you need to select MATIC.
To select MATIC, tap on Bitcoin.
Then, use the search box to find MATIC.
Once you have found MATIC, tap on it.
Now, you can see the deposit address.
Tap on Copy.
3. Launch MetaMask Application
Launch your MetaMask mobile application.
To view MATIC, you must be in the Polygon Mainnet.
4. Paste the Address and Enter the amount of MATIC
Once you are in the Polygon Mainnet, tap Send.
Paste the address that you have copied in Step 2.
Tap Next.
Then, you will be able to enter the Polygon Mainnet that you wish to send.
Tap on the Max button if you want to send the maximum MATIC.
Lastly, Tap Next.
5. Tap Confirm
After tapping Next, you will be able to see the estimated gas fee and the total MATIC after the gas fee deduction.
Tap Confirm.
6. Check Status in MetaMask & Coinbase
Now, you can check the status of this transaction by tapping on MATIC in your MetaMask application.
There you can see whether your transaction is pending or sent.
You can also head back to your Coinbase account and check the MATIC balance.
For us, it took 6 minutes to receive MATIC in Coinbase.
Conclusion
Sending MATIC to Coinbase is a straightforward task.
Ensure to choose the right network and enter the right recipient address.
The transfer time of MATIC from MetaMask to Coinbase is 5-15 minutes. It may vary depending upon the network congestion.
After sending MATIC to Coinbase, you can convert it to fiat currency if you wish.
To convert MATIC to fiat currency, you need to click Buy/ Sell button on the Coinbase homepage.
Then, navigate to Sell.
Select the cryptocurrency and enter the amount.
Hit Sell. That’s it.
If you are looking to cash out your MATIC, You can check out: How to withdraw cash from your Coinbase.
