Polygon blockchain is a scaling solution for ETH transactions and ecosystem. Even when Binance Smart Chain is the most popular solution, Polygon has the potential to become a giant because being honest, we really like decentralization and Binance-related stuff, well, you know. Small review of Dapps running on top of Polyon: @mejiasclaudia/another-one-don-t-bite-the-dust-defi-apps-in-polygon
DISCLAIMER: I use Binance as my major exchange, I can't deny it, but I can't really believe that the biggest centralized monster also has the biggest decentralized scaling solution to ETH and soon, NFTs. They want to rule the world🤔.
Sooooo, we'll be focusing on how to buy MATIC and send it to our Metamask via Polygon. Then we'll configure Metamask MATIC blockchain, and we will cover how to buy and add liquidity to Quickswap.
BUY MATIC
Ok, I'm not financial advisor, not even for my own sake lol. But I buy MATIC. Every time I can, I buy a few coins and stake them. Why? I see the potential. BNB from Binance rallied so hard with BSC, that I can't avoid to think that something like that will happen with MATIC.
Now, you can buy MATIC on any major exchange, but you can't withdraw it to Polygon blockchain on any of them. So, I present you Ascendex (previous Bitmax). Simple to use. Just create your account, deposit any token and buy MATIC. Withdraw using Polygon/MATIC network. Repeat.
It's important to create an account way before withdrawing, as they lock withdrawals for 24h. After that, your coins are free.
Nowadays, you need to know how to work with exchanges, deposit, withdrawals, KYC, 2FA authentication, metamask configurations. You don't learn it at school, but it's a must if you want to cash in and out your earnings in crypto. So, learn!! Explore, don't stick to one blockchain, one token, one app.
CONFIGURING METAMASK
Metamask doesn't have a token, if they had it will worth thousands now. It's the choice of 80% users to interact with blockchains. Ok, so , to add MATIC you will proceed exactly as you did to add Binance Smart Chain.
That RPC can be really busy as a massive influx of users trying to operate on Polygon, so I recommend you to try these alternatives RPC if you got any error.
https://rpc-mainnet.maticvigil.com or
https://rpc-mainnet.matic.quiknode.pro or
https://matic-mainnet.chainstacklabs.com or
https://matic-mainnet-full-rpc.bwarelabs.com or
https://matic-mainnet-archive-rpc.bwarelabs.com
Your Metamask adress is the same always, for any token in any blockchain you add, so if you withdraw from ascendex via Polygon, you will receive in MATIC blokchain. If you withdraw via BSC, you will get in on BSC blockchain.
INTERACT WITH QUICKSWAP
Quickswap is the Uniswap of Polygon. It has governace QUICK token for those who stake LP tokens in their liquidity pools. The only difference is that if you missed the UNI token, you can get your QUICK token and earn interest on it.
Connect your wallet, make sure you're on MATIC/POLYGON network and interact. You can buy any token in the exchange, and also you can buy tokens that aren't listed, just pasting their contracts. Just as you do in Uniswap or Pancake.
To add liquidity, you need to add the same amount of any two tokens you wish. Stake the LP tokens in a pool and you'll receive fee rewards for any person that swap that pair as well. You can also participate in DeFi yield farms by adding the liquidity in QuickSwap and staking it in any other project.
Is that simple. Hope you can follow these steps and participate in this amazing blockchain. If you have any doubts or feedback please comment below.
Useful links and references
Ascendex exchange: https://ascendex.com/register?inviteCode=3XUDQMZY
https://docs.matic.network/docs/develop/network-details/network/