How to Deposit POL on OKX? A Guide to Funding Polygon's New Token
POL (Polygon Ecosystem Token) has replaced MATIC as the new native token of the Polygon network and is available for spot trading on OKX, allowing you to buy it directly with USDT. POL is a core component of the Polygon 2.0 upgrade and can be exchanged 1:1 with MATIC. Below is the specific operation path.
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1. Preparation: Register an account and deposit USDT
POL is available on OKX with the POL/USDT spot trading pair, so you'll need USDT in your account.
Register and complete identity verification: Download the OKX App or visit the official website to register, and complete KYC as instructed; this is a prerequisite for trading.
Deposit USDT: In the App, tap [Assets] → [Deposit], search for USDT, and the system will generate a deposit address. Transfer USDT from your other wallet to that address.
Key risk: USDT exists on multiple networks like ERC-20, TRC-20, BEP-20, etc. Make sure to select the exact same network as shown on the OKX deposit page. Selecting the wrong network will result in asset loss and cannot be recovered.
2. Find the POL trading pair and place an order
Once funds are in place, you can proceed to buy.
Find POL: Enter POL in the search bar at the top of the App and select the POL/USDT spot trading pair from the results.
Place an order: Choose a market order (executed immediately at the best available price) or a limit order (set a price you're willing to wait for, and the order will be placed until filled). Enter the amount and confirm the order.
Completion indicator: After placing the order, you can see your POL balance in [Assets] → [Spot Account], indicating that the purchase was successful.
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3. Key Risk Reminders
Note the difference between POL (new token) and MATIC (old token). POL is the upgraded new token with a different contract address from MATIC. If you need to withdraw POL from OKX to an on-chain wallet, be sure to select Polygon mainnet and use the correct POL contract address: 0x455e53CBB86018Ac2B8092FdCd39d8444aFFc3F6. Do not transfer directly to MATIC's old contract address. OKX also supports POL perpetual contract trading and earn services.
How to confirm completion: After a successful order, go to the OKX "Assets" page, tap on "Spot Account". If you can see your POL balance, the deposit operation is complete. If the balance hasn't changed, go to "Order Center" to check whether your order has been filled.
