Exchanges that support Matic Network Withdrawal

JeromeTash

legendary

Activity: 2100

Merit: 1208

Heisenberg

Quote from: GreatArkansas on May 27, 2021, 09:03:39 PM

But I want to ask if you already tried using Matic's POS Bridge, you can use the Low transaction?
For example, is the 23 gwei on the screenshot?

Not sure what happens when one use metamask (Metamask allows fee adjustment right before approving the transaction). But I have used walletconnect before.

I did try checking out via wallet connect today and was shocked to find out that despite ETH fees being low (20 gwei ~$1) the estimate for the deposit ~$5.4 via the bridge Shocked

Edit:

Metamask can let you edit the transaction fees to the lowest, but the problem is that the bridge uses a very high gas limit for Eth transactions - 94,491. As far as I know the normal gas limit for ETH (not ERC20 tokens) is 21,000

So fees could be even higher for ERC20 tokens.

GreatArkansas

legendary

Activity: 2282

Merit: 1344

Buy/Sell crypto at BestChange

Quote from: JeromeTash on May 27, 2021, 06:38:51 PM

(.....)
Have you tried to perform deposits and withdrawals using Matic's POS Bridge (https://wallet.matic.network). Seems pretty straight forward to me if you want to swap let say USDC (ERC20) to USDC on polygon network

I already saw this, but haven't tried yet because of the transaction fee within the Ethereum network.
As I check the gas fee now on https://etherscan.io/gastracker, it seems the gas fee on Ethereum lowers down these days.

But I want to ask if you already tried using Matic's POS Bridge, you can use the Low transaction?
For example, is the 23 gwei on the screenshot?

JeromeTash

legendary

Activity: 2100

Merit: 1208

Heisenberg

Looks like Bitmax/AscendEX might be the only exchange supporting Polygon network as of now.

Have you tried to perform deposits and withdrawals using Matic's POS Bridge (https://wallet.matic.network). Seems pretty straight forward to me if you want to swap let say USDC (ERC20) to USDC on polygon network

Guide - https://blog.matic.network/deposits-and-withdrawals-on-pos-bridge/

GreatArkansas

legendary

Activity: 2282

Merit: 1344

Buy/Sell crypto at BestChange

Recently, I am using AscendEX Exchange for converting some assets from other chains especially TRON/Ethereum/Solana ecosystem, like USDC/USDT. I deposit stable coins to this exchange from other exchanges and withdrawing them to Matic Network.

So, any other exchanges that can be used as an alternative for AscendEX Exchange that supporting Matic Network?

Currently, they charge 3USD withdrawal fee for withdrawing USDC to Matic Network:

Topic: Exchanges that support Matic Network Withdrawal (Read 73 times)