Developer-DAO / pixel-avatars

A Polygon-based minting projects for Developer DAO members who own an Devs for Revolution NFT
https://pixel-devs.developerdao.com/
ISC License
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Write an article about obtaining MATIC for launch #83

Closed briangershon closed 2 years ago

briangershon commented 2 years ago

For DAO members to mint their token, then need MATIC! And there are many steps involved and added expense.

We need to write an article that provides the best/cheapest/least-friction way to obtain Polygon MATIC.

One idea is using https://www.kraken.com/en-us/

sven-so commented 2 years ago

I tried out kraken already and it was quite expensive. https://support.kraken.com/hc/en-us/articles/360000767986-Cryptocurrency-withdrawal-fees-and-minimums image Additionally it was sent to the ethereum chain, so I had to pay even more gas fee.

The cheapest way I found was over BSC: https://medium.com/crypto-and-defi/how-to-sent-matic-from-bsc-to-polygon-4bcd815ca49e I tried it out and it worked like a charm, but I'm not sure how secure this EVO bridge is.

briangershon commented 2 years ago

Thanks @sven-so for the info!

sven-so commented 2 years ago

Just found out, Binance can send directly to matic.

image

briangershon commented 2 years ago

I was also curious about MoonPay since they are in various wallets.

Interestingly, they don't offer direct MATIC in the U.S. -- looks like it's similar to Coinbase and only supports MATIC via Ethereum. But non-US can buy Matic directly.

https://support.moonpay.com/hc/en-gb/articles/360009280177-Which-cryptocurrencies-do-you-support-

briangershon commented 2 years ago

I wonder if buying Eth and swapping it directly on a DEX may be the easiest?

I ran across this posted in Discord (thread) that mentioned:

There are a list of bridges from the polygon site too: https://wallet.polygon.technology/fast-withdraw

briangershon commented 2 years ago

Pay Dirt

Ok, I think I found the best article so far: How to Get MATIC on Polygon: A Step-by-Step Guide

Other articles:

briangershon commented 2 years ago

And to keep it interesting, I've found the terminology seems different with each site: WETH, WMATIC, MATIC, "ETH — Ethereum (Polygon)", "USDC on the Polygon network", "ETH Polygon" :-)

Opensea has a guide too: https://support.opensea.io/hc/en-us/articles/1500012881642-How-do-I-transfer-ETH-from-Ethereum-to-Polygon- but I think this is wrapped MATIC?

rasmuscnielsen commented 2 years ago

Cool @briangershon ! Lots of great resources.

So far these seems the most attractive to me (non-us):

The article you sent didn't mention prices for transak and moonpay though. Do you know how much these charge in fees? I seem to recall transak was 3-4% plus a minimum fee last I used it although that was for Ethereum so perhaps different scenario altogether.

briangershon commented 2 years ago

Another interesting method: https://medium.com/@CryptoCruisers/metamask-nft-guide-how-to-buy-matic-for-the-polygon-network-with-no-gas-fees-1236f653ed1e

briangershon commented 2 years ago

I'm summarizing this over in a new Wiki page here: https://github.com/Developer-DAO/pixel-avatars/wiki/Polygon-MATIC

briangershon commented 2 years ago

Another recent mention:

"buy LTC (Litecoin) on Kraken where I have EUR sitting, withdraw that to Binance, convert to MATIC and then withdraw to wallet. I found LTC is among the cheapest transaction and withdrawal fees all across, so great for transfer."