Swapping Ethereum for Polygon: what you need to know
To switch from Ethereum to Polygon you don’t need to sell for dollars first and then buy again. ROVEN exchange does it in one step: one order, one rate, one payout.
Ethereum (ETH) is the leading platform for smart contracts, DeFi and ERC20 tokens. POL (formerly MATIC) is the coin of Polygon PoS, an Ethereum-compatible network with fees in cents.
Why swap ETH for POL
Coins serve different purposes, and sometimes holding POL makes more sense — for faster transfers, staking or the Polygon PoS ecosystem. With POL you get access to the apps, staking and tokens of the Polygon PoS network.
Networks and addresses
| You send ETH | You receive POL | |
|---|---|---|
| Network | Ethereum (ERC20) | Polygon PoS |
| Address | “0x” + 40 characters | “0x” + 40 characters |
| Network speed | a block comes every 12 seconds | a block comes every 2 seconds |
| Memo / tag | Not needed | Not needed |
What to watch out for
- Send ETH on Ethereum mainnet, not on Arbitrum, Base or other layer-2 networks.
- A Polygon address is the same as an Ethereum one; select the Polygon network in your wallet to see POL.
- Send the exact amount from the order and do it within 30 minutes, while the locked rate is valid.
How long the swap takes
Swap speed depends on both networks. On Ethereum (ERC20), a block comes every 12 seconds; on Polygon PoS, a block comes every 2 seconds. The whole ETH to POL swap usually takes 5 to 30 minutes once your transfer is confirmed.
The current rate is 1 ETH = 25 276.13 POL and the minimum amount is 0.02 ETH. Create an order in the form above, and ROVEN exchange will send swap updates by email or Telegram.
