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A Polygon (MATIC) wallet is a crypto wallet of the Polygon suites used to store and manage MATIC — the native currency of the Polygon blockchain. How do MATIC …
Polygon (MATIC) wallets are applications that allow you to store crypto and interact with your Polygon account. Just think of the wallet as an internet banking app — without the bank or any central body. Basically, to send and manage your funds, including MATIC, you need a wallet. So what’s the best MATIC wallet on the market?
We’ve handpicked the best MATIC wallets, considering security, transaction fees, minimum deposit, multi-chain support, and user experience, among other features. Keep reading to discover the best MATIC wallets of 2023. A Polygon (MATIC) wallet is a crypto wallet of the Polygon suites used to store and manage MATIC — the native currency of the Polygon blockchain.
How do MATIC wallets work? The process involves users sending a request to another person for a specified amount. Upon receiving the request, the network creates a unique wallet address that the other person can send and make readable.
This disruptive peer-to-peer process of trading funds offers a coherent alternative to banks and other money transfer systems.
11 best MATIC wallets MATIC wallets come in different forms, and not all have the same features. Some wallets only allow users to stake and send MATIC between addresses, while others have extra functionalities that involve deploying smart contracts.
These picks are curated to help you select the best wallet for your holdings. The following list includes software and hardware wallets you can use for the Polygon (MATIC) network.
Key features Simple recoverability process: With ZenGo, users do not need to store their seed phrase somewhere in order to recover their wallet in case their device is lost or stolen. Security: Uses an encrypted secret key share that stores users’ private keys on the user’s device and one on their server. NFTs: ZenGo offers full NFT functionality. Support: ZenGo also has an active support team that is available 24/7