Withdraw to Exchanges (Binance)
Morpher supports multi-chain withdrawals, which makes it easy to move your funds from Morpher to an exchange wallet via Polygon or Ethereum. This means that you can withdraw your funds directly from Morpher in MATIC token. There are a number of cryptocurrency exchanges that support MATIC, including: Binance, Coinbase, KuCoin and Kraken. If you already have an account at one of these exchanges, converting your Morpher funds into fiat (dollars) is fast and easy.
You can find a full list of exchanges that support MATIC on Polygon here. While each exchange is slightly different, you can follow the majority of the steps below for Coinbase and others.
Learn how to withdraw in USD or EUR to your bank account here.
Before you initiate the withdrawal in Morpher, we need to locate your Polygon wallet address in Binance.
Start by logging in to Binance, and going to your wallet overview, and then pressing Deposit. On the pop-up menu, select “Crypto Deposit”
Next, under the Coin option, select MATIC Polygon, and under Network select MATIC Polygon.
If "MATIC Polygon" is not selected for both options, then your withdrawal will be sent to an unknown address.
Copy or save the auto-generated address, you will need it in a next step.
Now we'll withdraw from Morpher by sending MATIC tokens directly to your Binance account. Go back to Morpher, and navigate to the Funds page, and press Withdraw.
You must select MATIC token as withdrawal currency! MPH will not work.
Click on Destination, and enter the address that you copied in the previous step from Binance. After entering your destination address, toggle the button which will ensure that exchanges will detect your transfer, and choose the exchange you would like to transfer your funds to.
Double-check to make sure that all of the details of your transaction are correct, then press continue and complete the withdrawal. If you need additional guidance, see our support guide on Morpher withdrawals.
If you land on the screen below, please make sure to click on the correct option, and follow the steps, to withdraw your funds to the desired destination.
If you followed these steps then you should shortly see a message confirming your withdrawal. Your funds should be available in Binance within a few minutes. Once your funds are in Binance, then you can easily exchange them for other cryptocurrency, or for fiat currency, or withdraw to your bank.
Binance support articles:
How to sell crypto and transfer to credit/debit
How to withdraw EUR via SEPA
You can find a full list of exchanges that support MATIC on Polygon here. While each exchange is slightly different, you can follow the majority of the steps below for Coinbase and others.
Learn how to withdraw in USD or EUR to your bank account here.
Withdrawing to Binance
1. Find your MATIC Polygon address
Before you initiate the withdrawal in Morpher, we need to locate your Polygon wallet address in Binance.
Start by logging in to Binance, and going to your wallet overview, and then pressing Deposit. On the pop-up menu, select “Crypto Deposit”
Next, under the Coin option, select MATIC Polygon, and under Network select MATIC Polygon.
If "MATIC Polygon" is not selected for both options, then your withdrawal will be sent to an unknown address.
Copy or save the auto-generated address, you will need it in a next step.
2. Withdraw from Morpher
Now we'll withdraw from Morpher by sending MATIC tokens directly to your Binance account. Go back to Morpher, and navigate to the Funds page, and press Withdraw.
You must select MATIC token as withdrawal currency! MPH will not work.
Click on Destination, and enter the address that you copied in the previous step from Binance. After entering your destination address, toggle the button which will ensure that exchanges will detect your transfer, and choose the exchange you would like to transfer your funds to.
Double-check to make sure that all of the details of your transaction are correct, then press continue and complete the withdrawal. If you need additional guidance, see our support guide on Morpher withdrawals.
If you land on the screen below, please make sure to click on the correct option, and follow the steps, to withdraw your funds to the desired destination.
3. Sell MATIC for EUR or USD
If you followed these steps then you should shortly see a message confirming your withdrawal. Your funds should be available in Binance within a few minutes. Once your funds are in Binance, then you can easily exchange them for other cryptocurrency, or for fiat currency, or withdraw to your bank.
Binance support articles:
How to sell crypto and transfer to credit/debit
How to withdraw EUR via SEPA
Updated on: 24/03/2023
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