Transfer Funds to Your Polygon Address
To complete transactions using Recurrable, you will need to fund your wallet with at least two cryptocurrencies:
Matic and Payment Coins
- Matic
- This is used to pay the Network fee on your transactions. Transactions generally cost less than 1/10th of one Matic, the equivalent of mere pennies in USD. Many users choose to hold at least a couple of Matic in their wallets to facilitate these fees.
- Your Merchant's Accepted Payment Coins
- Check the web site you are attempting to make a purchase from to see what cryptocurrency they accept as payment.
- Currently, sites using Recurrable can accept payments in the stablecoins USDT, USDC and DAI.
How to Fund Your Wallet
Transfer from Existing Crypto Wallets
Some users with experience in blockchain and using MetaMask may already have funds sitting on the Ethereum network. If you do, you can use Polygon's Bridge or any bridge of your choice, to move funds from your Ethereum wallet to your Polygon wallet. Use any bridge at your own risk. Any web3 Dapp can be susceptible to issues like hacks or bad code, but this is the one we trust because it was built by the Polygon team: https://polygon.technology/.
Using Fiat On-Ramps
If you currently hold no crypto, you will need to purchase some through a fiat on-ramp, which is a service you can use to convert your fiat currency (i.e. USD, GBP, EUR, YEN, YUAN, etc) into crypto. Recurrable does not offer this service nor do we directly integrate with one. Some options for third party services are as follows:
- Use the MetaMask on-ramp integrations by clicking the buy button as displayed in your wallet (see image below).
- You can also use crypto exchanges such as Coinbase, Binance, Gemini or others to purchase crypto, then transfer it to your MetaMask wallet.
- You can purchase Crypto through PayPal and transfer it out to your MetaMask wallet. Please note that as of the writing of this article, you cannot transfer crypto out of Venmo, so if you trying using Venmo as your on-ramp to pay with Crypto, it won't work.
- You can find other on-ramps by Googling "Fiat On-Ramp for Crypto". Be careful with this option. Scams do exist. Many users feel safer using recognizable names as suggested above.
Each option described above comes with its own fees and risks. Please do your own research prior to entrusting any entity with your money - whether it is Fiat or Crypto.