Learn how to migrate from the BSC network to the Polygon network
Carmen de la Vara
February 19, 2024
DeFi Reental
We have exciting news to share with you all. 📢🚀 We are migrating to the POLYGON network.
Nowadays, investing in real estate has become more accessible and secure thanks to tokenization. And in this constant quest to provide the best value to our investors, Reental is migrating from the Binance Smart Chain network to the Polygon network. In this article, we'll explore this exciting transition and show you why investing in tokenized properties on Reental is the perfect choice for those looking for a safe and profitable investment.
But don't worry! The migration process will be simple and won't require much effort on your part.
Why migrate to the Polygon network?
Reental is proud to always be one step ahead and to provide the best experience to its investors. The migration to the Polygon network allows us to offer a series of benefits that make our real estate investments even more attractive. What Makes Polygon a Winning Choice? Here are the key points:
Speed and efficiency At Reental, we understand that time is a valuable asset. With the migration to Polygon, we have significantly reduced transaction confirmation times, meaning that you can invest in tokenized properties faster and more efficiently than ever.
Lower rates Have you ever felt that transaction fees can lower your potential profits? At Reental, we have set out to eliminate that obstacle. By using the Polygon network, we've dramatically reduced transaction fees, allowing you to maximize your investments without worrying about additional costs.
Safety and Reliability The migration to Polygon has not only improved transaction speed and fees, but it has also further strengthened the security of our investments. The Polygon network is known for its robust infrastructure and focus on security, giving our investors greater peace of mind when investing in tokenized properties.
Access to a growing ecosystem By joining the Polygon network, we have integrated into an expanding ecosystem comprised of a wide variety of innovative projects and initiatives. This means that, as an investor in Reental, you will have access to exclusive opportunities and a world of possibilities to diversify your portfolio and maximize your returns.
Migrating from BNB to MATIC on bridge in a few simple steps
Before we begin, It's important to add the Polygon network to your Metamask wallet, that's why we present you with a step-by-step guide on how to migrate your funds from BNB to MATIC through the exchange bridge.
The easy way is through the Reental dApps by clicking on”How to change the network on the Reental website“we explain it in detail in the following video
The manual option involves adding the network to Metamask manually. Take the following steps:
Network Name: Matic Mainnet
New RPC URL: https://polygon-rpc.com/
Chain ID: 137
Currency Symbol (optional): MATIC
Block Explorer URL (optional): https://polygonscan.com/
Once you've set up the Polygon network in your Metamask wallet, you can proceed to make the change from BNB to MATIC on the BSC network.
You'll find the “Swap” option on the left side of the page. Click on it to continue Â
We select BNB in “Swap from” and MATIC in “Swap to” to perform the exchange. Then, we click “Get Quotes” and approve the transaction to complete the change
Now, all we have to do is transfer the MATIC that we have in the BSC network to the Polygon network.
If you have more than $10 in MATIC, follow the next steps, if you have less, move on to the next:
We access the “Bridge” section on the left side
You'll find a screen very similar to this one, where you simply have to select the BNB network in “From this network” and the Polygon network in “To this network”. Then, under “You send”, enter the amount of MATIC you want to transfer
Click “Continue” and approve the transaction. Done! You will now have MATIC in your Metamask wallet on the Polygon network.
If you have less than $10 worth of MaticYou can follow these steps:
We need to select the “BNB Chain” network and the “Matic” token. If we want to send all the Matics we have in our wallet, we have to click on “MAX” on the right of the image. Click on “Approve”
Then a sign will appear where we will click on
to sign the terms and conditions (this will only come out the first time)
Sign with your metamask
Give permission to the page so that it can access your metamask to make the network change, I advise you to select
so that I don't have permanent access but only when you decide
Here you will have to click on “Max”
Click on “Create trade” to make the network change
Click “Confirm” in metamask or the wallet you use, for the operation to be executed. Perfect! you now have your Matics ready to be used on the Polygon network.
Migrating from BNB to MATIC on exchange in a few simple steps
If you choose to exchange your remaining BNB balance on the BSC network in your Metamask wallet through an exchange (it will be necessary to send it back to Binance to make the exchange)
Log in to your Binance account and click
Â
Select the option
Choose the BNB currency and network: BSC BNB Smart Chain (BEP 20)
Copy the Binance address (this will be where we will send from Metamask)
Return to Metamask and select BNB in your wallet
Click on
Paste the previously copied Binance address into the corresponding field
In the “Amount” field, click
to transfer the total amount
Finally, click
and approve the transaction. You'll only have to wait a few minutes for the funds to reach your Binance account.
Learn how to exchange BNB for MATIC on Binance
Go to the section of
at the top of the Binance screen
In the drop-down menu, select
.
Make sure that the button
Be selected
Choose the amount of BNB you want to convert
Click on
to verify the details of the transaction
Finally, click “Convert” (Remember that if you don't click “Convert” every 5 seconds, the current price of the conversion will be updated)
And ready! You'll now have MATIC in your Binance wallet.
Send MATIC to Metamask and take advantage of the power of the Polygon network
From the Binance homepage, go to the section of
.
Select
in the drop-down menu
Use the search engine to find
and click “Remove”
In the “address” field, copy the address of your Metamask wallet
Make sure to select the “MATIC Polygon” network in the network field
Finally, click
After approving the transaction and complying with Binance's security protocols, you'll receive MATIC funds in your Metamask wallet on the Polygon network.
How to change the network on the Reental website: Access the Polygon network to take advantage of all opportunities
Once you have logged in to your account in Www.reental. co, you will find in the upper right part a red button to change the network. Follow these additional steps:
Click on the button of
.
A sign similar to this one will be displayed
.
Click on
.
Then, select
.
Finally, confirm your choice by clicking
.
Now you're ready to use the Polygon network on Reental and take advantage of all the advantages and opportunities it offers!
How to add tokens to the new network: Expand your investment portfolio in Reental
Once you've set up the Polygon network in your Metamask wallet, adding Reental tokens is a simple process. Follow these steps:
Go to the property of your interest on the Reental platform
At the top right, you'll find three dots
Click on the three dots to display additional options
Select “Add token to Metamask” and accept the Metamask notification
Ready! You now have access to Reental tokens in your Metamask wallet, allowing you to expand your investment portfolio in the Polygon network.
Remember that at Reental, our platform for investing in tokenized properties, we provide you with a safe and efficient environment to explore new investment opportunities backed by blockchain technology. Don't miss the opportunity to generate passive income by investing in tokenized real estate, taking advantage of the combination of MATIC in Metamask and the Polygon network.
Invest from 100€ and choose the amount you want, obtaining monthly dividends and guaranteeing liquidity in a market that we all understand: real estate.
Join thousands of users around the world who generate monthly income with Reental, without needing to be experts in technology or finance. Take advantage of the new Polygon network now to explore a wide range of investment opportunities and diversify your portfolio.
Don't wait any longer and dive into the exciting world of tokenized real estate investments with Reental. Your path to financial growth starts here!
In order not to miss any of the opportunities we present, we recommend that you join our group ofDiscordor Telegram To get to know others Reentels and the whole team. Of course we invite you to take a look at our articles on the blog to continue informing you.
Welcome to the new way of doing finance, welcome to Reental!