To transfer Polygon (MATIC) from Kraken to MetaMask, first, you need to copy the MetaMask address.
Then, click Withdraw in Kraken and find MATIC.
Next, add the MetaMask address and enter the amount.
Lastly, confirm the transaction.
Usually, it takes 2-5 minutes to send/ transfer Polygon (MATIC) from Kraken to MetaMask.
To transfer Polygon (MATIC) from Kraken to MetaMask, a withdrawal fee of 15 MATIC is applicable.
Note: Kraken only supports ERC20 withdrawal of MATIC, not the native MATIC.
There are two ways to send Polygon (MATIC) from Kraken to MetaMask:
- Steps to Transfer Polygon (MATIC) from Kraken to MetaMask
- Steps to Transfer Polygon (MATIC) from Kraken Mobile Application to MetaMask Mobile Application
Steps to Transfer Polygon (MATIC) from Kraken to MetaMask
- Copy MetaMask Address
- Click “Withdraw”
- Find MATIC
- Add Address
- Select the MetaMask Address and Amount
- Confirm Withdrawal
- Check Recent Transfers
1. Copy MetaMask Address
Open the MetaMask wallet extension and type in the password to unlock it.
If you haven’t created MetMask Wallet, first create MetaMask Wallet.
Make sure to be in the Ethereum Mainnet. Otherwise, you must switch networks.
Click on the “copy icon” just above the ETH balance.
2. Click “Withdraw”
Go to the Kraken website.
Enter the user name and password to sign in.
After signing into your account, you will see several options, such as Trade, Prices, Earn, Funding, History, Support, and Buy Crypto.
You need to click “Funding”.
Now, there will be two options: Deposit and Withdraw.
Since you are withdrawing Polygon (MATIC) from Kraken, you need to click “Withdraw”.
3. Find MATIC
Upon clicking Withdraw, a Withdraw window will open up.
There you can find your crypto asset.
Use the search box to find Polygon (MATIC).
Once you have found MATIC, click on it.
4. Add Address
After clicking MATIC, you will land on the Deposits and Withdrawals.
You need to add the recipient MetaMask address to your Kraken account.
To do so, click “Add Polygon address”.
Now, you need to paste the MetaMask address that you have copied in Step 1. Also, add a name to it in the Address description field.
Lastly, click “Add withdrawal address”.
Upon clicking Add withdrawal address, you will receive an address confirmation email.
Go to the inbox of Kraken’s registered email address and click “Confirm withdrawal address”.
5. Select the MetaMask Address and Amount
After your email confirmation, the recipient MetaMask address will be added automatically.
Now, you need to enter the amount of MATIC that needs to be transferred.
Lastly, click the “Withdraw” button.
Note: The minimum withdrawal limit of MATIC in Kraken is 30 MATIC.
6. Confirm Withdrawal
Now, a confirmation window pop-up will open up.
The window contains information, such as recipient address, withdrawal amount, and withdrawal fee.
Review the details and click “Withdraw”.
You have successfully transferred Polygon (MATIC) from Kraken to MetaMask.
7. Check Recent Transfers
After the transfer, you can open the MetaMask wallet and check the MATIC balance.
To see the recent transfers in MetaMask, click the “Activity” tab.
You can also see the recent transfers in the Kraken account as well.
To do so, take a look at the right side of the Deposits and Withdrawals window.
Steps to Transfer Polygon (MATIC) from Kraken Mobile Application to MetaMask Mobile Application
- Copy the MetaMask Address
- Tap on “Withdraw”
- Select MATIC
- Select/ Add the Address and Enter the Amount
- Swipe to Confirm
- Check Recent Transfers
1. Copy the MetaMask Address
Open the mobile application.
Switch to Ethereum Mainnet in case you are in the other network.
To withdraw Polygon (MATIC) from Kraken, first, you need to tap on the address to copy it.
If you want to scan the QR code instead of copying the address, you need to open the MetaMask wallet extension.
Then, click on “three dots”. Then, click on “Account Details”.
2. Tap on “Withdraw”
Open the Kraken mobile application.
Tap on the “Deposit/ Withdraw icon” at the bottom of the screen.
Now, you can see Buy, Sell, Convert, Deposit, and Withdraw.
Tap on “Withdraw”.
3. Select MATIC
After tapping on Withdraw, a Withdraw page will open up.
Navigate to Polygon (MATIC) and tap on it.
4. Select/ Add the Address and Enter the Amount
Now, you need to enter the amount in either fiat currency or MATIC.
Next, select the address in the Withdraw field.
Note: The minimum withdrawal limit of MATIC in Kraken is 30 MATIC.
If you want to send MATIC to a new address, you need to add it first.
Tap on “Withdraw to” to add a new address in Kraken mobile application.
Then, tap on “Enter a new address”.
Give the wallet address a name in the “Description” field and tap on “Next“.
Paste the MetaMask wallet address into the “MATIC Address” field.
Lastly, tap “Next”.
After tapping Next, you will receive an ‘add address confirmation’ email to your Kraken registered email account. Click ” Confirm withdrawal address“.
Now, you will be able to select the added address.
5. Swipe to Confirm
After selecting the address and entering the amount to be transferred, you will land on the final Withdraw page.
This page contains details, such as an address, amount, and fee.
Review the details thoroughly because funds sent to the wrong address cannot be recovered.
Lastly, Swipe to confirm.
You have successfully withdrawn Polygon (MATIC) from the Kraken application.
6. Check Recent Transfers
To view the recent transfers in the Kraken application, you need to tap on the “Pie icon”.
Then, tap on “Transaction history”.
To view the recent transfers in the MetaMask mobile application, you need to tap on Polygon (MATIC) under Tokens.
Conclusion
To send Polygon (MATIC) from Kraken to MetaMask, all you need is the MetaMask wallet address and enough MATIC.
Always be careful while copy pasting the address. You will lose your cryptocurrency if you enter an incorrect address.
Kraken supports only the Ethereum (ERC20) network for MATIC withdrawals. Withdrawals sent to other networks will be lost.
FAQ
1. Does Kraken supports the Polygon network?
No, Kraken does not support the Polygon network (At the time of writing this article). Users can trade, deposit, and withdraw MATIC via the Ethereum ERC20 network in Kraken.