Deposit on Polygon

Polygon PoS is an EVM-compatible network with about 2 second blocks and very low fees. It is widely offered by exchanges and is a common route for USDT and USDC.

Assets you can deposit

At launch Fundly accepts POL, USDT, USDC and DAI on Polygon PoS. POL is the native token, renamed from MATIC in September 2024. For USDC, only native USDC is accepted. The bridged USDC.e is a different token and is not credited.

How to deposit

1. Sign in to the Fundly web app at app.fundly.xyz and choose Deposit.
2. Choose Polygon as the chain and pick the asset.
3. Copy your address or scan the QR code. It is a 0x address with 40 hexadecimal characters.
4. In your wallet or exchange, choose the Polygon network. Exchanges may still label it "MATIC" or "Polygon PoS".
5. Paste the address, enter the amount and send.
6. Wait for 64 confirmations, about 2 to 3 minutes.

Confirmations and timing

Polygon blocks arrive about every 2 seconds. Fundly waits for 64 confirmations at launch as a conservative margin.

Fees

Network fees are paid in POL by the sender and are usually less than a cent. You need a small amount of POL in your wallet to send tokens. Fundly's deposit fee at launch depends on your plan: Free 1% (minimum 1 EUR), Plus 0.5%, Premium 0%. The conversion rate and fee are shown in the app before every deposit.

Common mistakes

• Sending USDC.e instead of native USDC. Check the token contract in your wallet. Support may be able to recover for a fee.
• Choosing Polygon zkEVM instead of Polygon PoS. zkEVM is a separate network and is not supported.
• Sending "MATIC" from an old exchange listing. This is fine, it is the same network. POL is simply the new name of the native token.
• Sending less than the 10 EUR minimum.

Related

• How deposits work
• Deposit troubleshooting
• Fee schedule