You can send any token from the Kraken exchange via the Polygon (MATIC) network.
This guide assumes you’re using Kraken, the beginner-friendly version of the platform
https://support.kraken.com/hc/article_attachments/14984947266708
Note:
- Minimum amount to withdraw: $2 USDC
- Deposit fee: $2
Steps:
- Log into your Kraken account and click the Withdraw button ****in the bottom menu bar
- If you don’t have a USDC balance, you need to convert an existing asset or buy USDC and click on “Buy” instead.
- Select the cryptocurrency you want to withdraw. In this case, we will use USDC.
- Enter the amount you want to send
- Click on “Withdraw to” to start your asset transfer to Sinbad
- Select the Polygon network.
- We are withdrawing USDC to Sinbad, via MATIC (Polygon network).
- Warning: If you input the wrong information or select the wrong network when making a transfer, you will permanently lose your assets. Please, make sure that the data is correct before creating a transfer.
- You will also see the network fees for this transaction. Please ensure that the network matches the addresses the network entered to avoid withdrawal losses.
- Enter ****the recipient's address in the Add a new address page ****or select it from your address contact list.
- Grab the wallet address from Sinbad from the Home Page and click “Copy”
- Head over back to Kraken and add the new address
- Create a unique description for this address to save in your contact list
- Confirm the newly added withdrawal address by opening the link in the email sent to your email address
- Once confirmed, go back to the “Withdraw” page and select the newly added address from the contact list.
- Click Review
- You will be able to see the corresponding transaction fee and the final amount you receive.
- Swipe to confirm
- (Optional) Verify the transaction
- Copy and paste the transaction identification number (TxID) to follow the transfer confirmation in the https://polygonscan.com/ search box.
- After a minute or two, your Sinbad wallet balance should have the deposit made. You can always check the previous transactions on the "Wallet" page