To be able to skin in this blockchain, of course, you will need a Polygon Wallet. What is a Polygon wallet? Where to create a Polygon Wallet?

Polygon is known as the Internet of Blockchains. It acts as a framework for connecting Ethereum-compatible chains. Polygon solves the scalability problem of Ethereum when the cost and time for each transaction on Ethereum are incredibly high.  

In today's article, I will show you the details on how to create a Polygon Wallet.

What is the Polygon Wallet?

The Polygon Wallet is where MATIC, PRC20 standard tokens are stored on the Polygon blockchain. You can send and receive MATIC, PRC20 standard tokens as well as interact with applications on the Polygon platform.

In particular, this wallet is owned by you, so no one has the right to influence or use the wallet other than you.

What is included in a Polygon Wallet address?

A Polygon Wallet has 3 extremely important pieces of information you must note:

  • Polygon Wallet address: A sequence of numbers and characters used to send assets to the Polygon wallet. Others can transfer coins to you through the wallet address you provide. A Polygon (MATIC PRC20) wallet address will have the following format: 0x329CdCBBD82c934fe32322b423bD8fBd30b4EEB6.
  • Passphrase: A security key that can be understood as a password consisting of any 12 English keywords. If you want to perform the wallet recovery operation, you must go through the Passphrase login step. Format of a Passphrase: lecture estate tube tunnel decade stone flash army blue nice net trap.
  • Private Key: A string of letters and numbers to connect to the account, quite similar to the password of a bank account. Format of a Private Key: 0x3b0c8dd07372e32a5eb89b2c74996d6daad56cc8a40bc7eaa418b5d5630623b1.

To visualize, you can imagine that the Polygon Wallet is a bank account, the wallet address is the account number and the passphrase/private key is the password.

The difference here is that with a bank account, other people will know your personal information. As for the Polygon Wallet, the user becomes anonymous, no one knows who owns the wallet, and transactions only occur through the address encoded into a sequence of numbers and characters.

Polygon Wallet Review

There are many wallets on the market that support creating EVM blockchain wallets and the Polygon blockchain is one of them. Let's take a look at some outstanding Polygon wallets in the crypto world.

Coin98 Super App

Coin98 Super App is a well-known super app containing crypto services, and it is the gateway of DeFi & Web3. After installing the Coin98 Super App, you can experience many of its features such as Dapp Browser, Terminal toolkit, Coin98 Staking,...  

Because it is a decentralized wallet platform, users are in complete control of their assets, no one has access to your wallet, including the developers. You can rest assured when storing MATIC, PRC20 standard tokens here.

Learn more: What is Coin98 Super App?

Coinbase Wallet

Coinbase Wallet is a centralized wallet that supports more than 4,000 assets. Coinbase Wallet allows you to enable Polygon in the wallet app, which would be able to perform transactions and access dapps on the Polygon network. Besides cryptocurrency, Coinbase Wallet also supports users to store their NFTs right in the wallet.

Create the Coinbase wallet here:


MetaMask is a decentralized wallet based on the Ethereum ecosystem, as well as an add-on plugin that allows users to run DApps right on their browser. Metamask allows you to store mainnet MATIC and interact with Polygon dApps. Despite the disadvantages such as not being able to log in to many wallet addresses, as well as manually updating assets, MetaMask is still a trusted destination for many people around the world.

Create a MetaMask wallet here:

How to create a Polygon Wallet

This tutorial will guide you on how to create a new Polygon wallet on both the mobile and desktop interfaces, so you can also install both to flexibly switch use.

Coin98 Super App

Download and access the app

Polygon Wallet is now available on the Coin98 Super App for both iOS and Android users:

After downloading the app, open the Coin98 Super App application and select the language you want to use before directly accessing the wallet interface.

At this interface, you can create a new wallet or restore an existing wallet from other wallet applications to the Coin98 Super App.

Create the Polygon Wallet

Step 1: Open the application, at the homepage click the Wallet icon → Manage.

Step 2: Click Add Wallet and click on the Polygon (MATIC PRC20) icon to create a Polygon wallet, or you can choose to create a Multi-chain wallet to own more wallets with just one passphrase (recommended) → Create. 

Step 3: Create a name for the wallet (name it something that you can remember or is convenient for later use). Click Next. 

Step 4: Backup the Passphrase/ Private key in a safe place.

Note: These are CRUCIAL information that directly affects control over your assets.

  • Copy and paste the Passphrase/Private key into the Confirmation box.
  • Tick ​​the Backup your recovery key box and click on the copy icon to confirm that you have saved your Passphrase/Private key. You must save the security key in a safe place and do not disclose it to anyone. Otherwise, your account is at risk of being stolen if someone knows these sequences of characters.
  • Tick ​​the two remaining boxes to confirm that you understand the risks if you lose your Passphrase/Private key.

Select Create Wallet.

Once done, you can also go to Manage → Manage All Wallets to check the newly created Polygon wallet. 

Coin98 Extension Wallet

Installation instructions

You can access to install the Coin98 Extension Wallet.

For instructions on installing and using Coin98 Extension Wallet, you can refer to this guide here.

Create the Polygon Wallet (MATIC PRC20)  

‌Step 1:  Open the Coin98 Extension Wallet and insert your password. At the main interface click Manage. Click Add Wallet.

Step 2: Select the Polygon icon → Create Wallet.

Step 3: Create a name for the wallet (name it something that you can remember or is convenient for later use). Click Next.

Step 4: Backup the Passphrase/Private key in a safe place.

Select Create Wallet.

After that, you can also go to Manage → Manage All Wallets to check the newly created Polygon Wallet.

How to use Polygon Wallet

Add MATIC and PRC20 tokens to Polygon Wallet

This process is similar on both the mobile version and the extension, so you can follow these steps for both.

Option 1

Step 1: Click the Polygon Wallet on the main screen.

Step 2: Click Receive.

Step 3: Copy the wallet address or use the QR code address and send your assets to this address.

Option 2

Step 1: Click the search icon on the main screen.

Step 2: Enter MATIC, PRC20 token in the search bar.

Step 3: Click the icon to copy the wallet address or get the QR address and send your assets to this address.

You can send MATIC, PRC20 tokens to the address copied in step 3.

Send MATIC, PRC20 tokens

This operation works the same on both the Coin98 Super App and the Coin98 Extension Wallet. I will give an example of how to send MATIC stored in the mobile wallet.

Step 1: Click the Polygon wallet.

Step 2: Choose Send.

Step 3: Select the token, the number of tokens you want to send & the wallet address to send to. Adjust the Gas fee slider to suit your needs → Slide the Send bar to confirm. 

In addition, you can also go to the Send section in the main interface, select the Polygon wallet you want to send from.


  • The gas fee for each transaction is paid with MATIC, approximately 0.00063 MATIC 
  • The default gas fee on the Coin98 Super App has been set at the standard rate that offers the most optimized speed at a reasonable cost.

Swap MATIC or PRC20 tokens

How to swap MATIC or PRC20 tokens on the Coin98 Super App

From version 11.3 onwards, Coin98 Native Swap has integrated QuickSwap and SushiSwap, providing a secured approach to trade MATIC or PRC20 tokens natively right on Coin98 Super App and Coin98 Extension Wallet.

Step 1: On the Coin98 Super App main interface, click Swap.

Step 2: Choose QuickSwap or SushiSwap (Polygon) to start trading.

Then you need to insert the following information:

  • Select the wallet that holds the coin/token you want to swap.
  • Select the token you want to swap from the list. We will take MATIC and USDC for this example but you can choose other tokens as needed.
  •  For those that haven’t been listed on the Coin98 Super App, you can still trade using their contract addresses.

Step 3: Choose the swapping amount. Before swapping, please kindly check the information in the Review Order section. Then select Approve (if this is your first trade) Swap to complete.

How to connect the Coin98 Extension Wallet for trading MATIC or PRC20 tokens on Coin98 Exchange 

Step 1: Access Coin98 Exchange at:

Step 2: To select an AMM, please click one of the two positions highlighted in the picture below.

Choose QuickSwap.

Step 3: Select the token you want to trade in the token search bar. We will take USDT and MATIC for this example but you can choose other tokens as needed.

Step 4: Choose the swapping amount. Before swapping, please kindly check the information in the Review Order section. Then select Approve (if this is your first trade) Swap to complete.

Step 5: Choose Confirm if you agree with the fee and want to make this transaction. 

How to access Polygon DApps through the DApp Browser on the Coin98 Super App

The Multi-chain DApp Browser on the Coin98 Super App is the gateway for users to experience multichain decentralized applications simply, quickly and securely. 

Coin98 Multi-chain DApp Browser has been integrated with many Dapp on the Polygon blockchain.

  • Exchanges: 1inch, SushiSwap, ApeSwap, OpenOcean, DODO, PolkaBridge, KyberSwap,...
  • Finance: Orion Money, Aave, Curve, SIL.Finance, InsurAce,...
  • Launchpads: Westarter.
  • Games: Aavegotchi.
  • NFTs: OpenSea.
  • Farm and Stake: Beefy.Finance, Harvest Finance, Autofarm,...
  • Cross-chain bridge: Synapse, iSwap, cBridge, AnySwap, RenBridge,...

The Coin98 Super App optimizes the user experience by arranging DApps in the most intuitive and logical categories. Now, users can search and access their favorite DApps on the Polygon ecosystem by following these steps:

Step 1: After logging in to your Coin98 account, click Browser on the home screen.

Step 2: In the Dapp Browser, you can select your favorite Polygon Dapp by following these steps: 

  • Option 1: Enter the Dapp name or URL in the search bar.
  • Option 2: Click the Polygon logo on the Dapp Brower’s main interface, Polygon Dapps that are integrated will be shown according to the DeFi service that Dapp provided.  After that, tap the DApp logo to access.

Using the Polygon Wallet Explorer to check the transaction history

Polygon Wallet Explorer is the Polygon ecosystem explorer, allowing access to information such as wallet addresses, cryptocurrency transactions, smart contracts, etc. Complex data is easier to grasp now than ever before.

Polygon Explorers that are commonly used by many users is PolygonScan:

Some notes when using the Polygon Wallet

Is it safe to store MATIC, PRC20 standard tokens on the Polygon Wallet?

Coin98 Wallet is a non-custodial wallet, that is, full control of assets belongs to you, no one has access unless you disclose the key to others. Therefore, it is perfectly safe for your assets.

Is there a fee to transfer MATIC, PRC20 tokens?

Sending MATIC, PRC20 tokens from a Polygon Wallet will cost the blockchain platform fee in MATIC.  But the transaction fees on Polygon are much cheaper than Ethereum.

Is it possible to create multiple Polygon wallets?

Yes!  You can create as many Polygon wallets as you want. Each wallet will have a different address and passphrase, so remember to save each of them. Each wallet should be named so that you can easily manage them if you create multiple Polygon wallets. 

Can Polygon Wallet store other coins?

Polygon Wallet can store MATIC, PRC20 standard tokens supported by the Polygon blockchain platform. In addition, do not transfer any coins on other blockchain platforms to Polygon Wallet if you do not want to lose your assets

What is the best Polygon Wallet app?

For those who mainly interact with the EVM blockchain, Coinbase or MetaMask will be one of the options worth considering.

For those who use a lot of blockchain platforms and Solana is among them, the Coin98 Super App is a great choice for you.


With the fast development of the crypto market, you will see a series of potential DeFi projects appearing on Polygon. Hope the tutorial can help you to easily create and use the Polygon (MATIC PRC20) Wallet on Coin98.

If you have any questions regarding this tutorial, don't hesitate to leave a comment below! The Coin98 team will answer your questions as soon as possible!

See you in our future posts!

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