"Hey everyone, so I've been thinking of converting my large ETH holdings to Matic (MATIC) using the Polygon Gateway. Has anyone else made the switch? I'm looking for some advice on the best approach and any potential risks or benefits I should be aware of."
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"From Ethereum Bridge to Polygon Gateway: Converting Large ETH Holdings to MATIC"
- Thread starter Gorg921
- Start date
"just wanted to throw my 2 cents in, been following this thread and it seems like a lot of people are hesitant about the fees associated with converting Eth to Matic. Has anyone tried using any of the third-party bridging services like QuickSwap or UniSwap? Might be worth exploring lower fee options"
"Lol, just converted 10 ETH to MATIC through the Ethereum bridge and it's been smooth sailing so far. Anyone else having issues with gas fees or are they relatively low like I experienced? Also, curious to know if anyone's noticed a difference in price volatility after making the switch."
"Hey OP, I've done the switch and gotta say, Polygon's gas fees are a game-changer for my trades. Just be careful with the conversion rates, I noticed a slight drop in value after swapping my ETH to MATIC. Still, overall it's been a smooth transition for me."
"Yup, made the switch recently and gotta say I'm impressed with how seamless the process was. Been holding MATIC for a bit now, still not sure if it's a long-term play but the low gas fees and decent returns are def worth the move. Anybody else have experience with the bridge?"
jonisvideo
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new trends - let's talk
Antipopsas
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What's your take on best practices?