How to move MATIC from KLAYswap to Wallet [KLAYswap]

Meshswap
Meshswap
Published in
4 min readApr 22, 2022

What’s MATIC

MATIC is a key cryptocurrency of the Polygon blockchain for network transactions and Polygon network-based MATIC can be utilized on Meshswap protocol. As MATIC Holder Airdrop Event is ongoing, here is the instruction on how to transfer the obtained MATIC from KLAYswap into your private crypto wallet.

GET oMATIC on KLAYswap

oMATIC on KLAYswap is a minted MATIC token bridged from Polygon to Klaytn network by KLAYswap’s main cross-chain bridge, Orbit Bridge. And this Klaytn network-based oMATIC is equivalent to Polygon network-based MATIC.

Currently, KLAYswap users can directly purchase oMATIC by KCT (Klaytn Compatible Token) assets in their private crypto wallets. Converting the purchased oMATIC to Polygon network-based MATIC and transferring it to crypto wallets may seem complicated but integration with Orbit Bridge on Klayswap solves this problem at once. You simply click the [Withdraw to oMATIC] button on the KLAYswap ‘My Assets’ page to transfer the asset into your crypto wallet that supports the Polygon network. And the transferred Klaytn network-based oMATIC will be automatically deposited in Polygon network-based MATIC into your crypto wallet.

How to Acquire and Transfer MATIC from KLAYswap

  • Summary of Withdrawal Process
    ① Purchase oMATIC from KLAYswap
    ② Withdraw Klaytn network-based oMATIC into your private crypto wallet that supports the Polygon network. The deposited oMATIC will be automatically transferred into Polygon network-based MATIC.

1. How to Deposit Asset into Crypto Wallet on Klaytn network

To purchase oMATIC from KLAYswap, prepare assets on your crypto wallet. XRP, KLAY, and KSP are types of assets that can be easily transferred into a crypto wallet, and the following is the guideline.

2. Click the ‘Swap’ menu on KLAYswap

Select a token to purchase oMATIC on the “From Token” section.

3. Click the [Token] button on the right corner of the “To Token” section.

4. Search oMATIC and select Polygon (oMATIC) in the pop-up window.

5. Enter the number of tokens you want to swap and click the [Swap] button

6. Confirm your transaction request in the pop-up window and click the [Swap] button

7. The transaction requires confirmation from your wallet. Confirm your transaction request in the pop-up window and click the [Confirm] button to get oMATIC.

8. Verify your crypto wallet address on Polygon network (Based on Metamask)

9. Go back to KLAYswap. On ‘My Assets’ menu, search oMATIC and click the [Withdrawal to MATIC] button

10. Enter the withdrawal amount and your crypto wallet address. Click the [Next] button in the pop-up window.

*The crypto wallet address must supports the Polygon network.

11. Confirm withdrawal info in the transaction request pop-up window and click the [Withdrwal] button

12. The transaction requires confirmation from your wallet. Confirm the transaction info in a pop-up window and click the [Confirm] button.

13. Confirm TOKEN Transfer From My Crypto Wallet
The bridged oMATIC (KCT) from KLAYswap will be deposited into your crypto wallet in MATIC (Polygon). To confirm the deposit, make sure your wallet network is set to the ‘Polygon Mainnet’.

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Meshswap
Meshswap

Published in Meshswap

Meshswap is an AMM based decentralized exchange protocol to actively utilize the assets on Polygon chain.

Meshswap
Meshswap

Written by Meshswap

On the liquidity mesh, earn more with your crypto

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