Deposit from Polygon to Peanut

Send USDC or USDT on Polygon. Free deposits, confirmed in under 5 minutes.

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How to Deposit from Polygon to Peanut

Polygon is a popular network with very low sender-side fees and wide exchange support. Send USDC or USDT on Polygon and your balance will be available in under 5 minutes. No fees from Peanut, no KYC required for deposits, and no minimum amount. Most major exchanges support Polygon withdrawals, making it one of the most accessible deposit paths.

Once your deposit lands, your balance is held in digital dollars. From there you can pay at over a million merchants in Argentina via Mercado Pago QR, send Pix in Brazil, transfer money to anyone, or withdraw to any bank account in 40+ countries.

Before You Start

Make sure you have the following before initiating a Polygon deposit:

• A Peanut account. No identity verification required for deposits. You can deposit immediately after creating your account.

• USDC or USDT on the Polygon network. These must be on Polygon (PoS), not Ethereum mainnet or another chain.

• A wallet or exchange that supports Polygon withdrawals. Most major exchanges (Binance, Coinbase, Kraken, OKX, KuCoin) support Polygon.

Step-by-Step: Deposit from Polygon

1. 1

   Open the Peanut app

   Tap "Deposit" from your home screen to reach the deposit options.

2. 2

   Select Polygon

   Choose Polygon as the network. The app displays your EVM deposit address (0x format) — this is the same address used across Polygon, Arbitrum, Base, Ethereum, and Avalanche.

3. 3

   Choose your stablecoin

   Select USDC or USDT. Both are accepted on Polygon.

4. 4

   Copy the deposit address

   Copy the deposit address exactly as shown. This is your personal reusable address.

5. 5

   Send from your wallet or exchange

   Open your wallet or exchange, select "Polygon" as the network, paste the Peanut deposit address, enter the amount, and confirm the transaction.

6. 6

   Wait for confirmation

   Your balance updates automatically once the transaction confirms on-chain — typically under 5 minutes.

Confirmation Times

Polygon deposits are fast and reliable:

• Typical confirmation: 1-5 minutes. Polygon produces blocks every 2 seconds. Most deposits appear in your Peanut balance within minutes.

• Available 24/7/365. No business day restrictions. Deposits arrive any time of day, on weekends and holidays.

If your deposit does not appear within a few minutes, check the transaction on Polygonscan. If confirmed on-chain but not in Peanut, contact support with the transaction hash.

Fees

• Peanut deposit fee: free. No fees from Peanut. Gas fees on the Peanut side are covered by Peanut.

• Sender-side gas fee. You pay the Polygon network gas fee when sending — typically under $0.01 per transaction. Polygon consistently has some of the lowest gas fees among all networks. Gas is paid in POL (formerly MATIC).

• Exchange withdrawal fee (if applicable). Most exchanges charge a small withdrawal fee for Polygon. This is typically lower than Ethereum mainnet withdrawals.

For a complete fee overview, visit the pricing page.

Supported Stablecoins on Polygon

Both are ERC-20 tokens on Polygon. Only send tokens on the Polygon network — not Ethereum mainnet or another chain.

Peanut does not accept POL (MATIC), wrapped BTC, or any other tokens on Polygon. Unsupported tokens sent to the deposit address will not be credited and may not be recoverable.

Get Started with Peanut

Deposit from Polygon in minutes. Free, fast, and supported by most exchanges.