To use the PlotX protocol for activities like placing predictions, you need to deposit $PLOT tokens to your non-custodial Web3 wallet powered by Magic Link.
PlotX uses Magic Link as a preferred Web3 wallet to provide a uniform and blazing fast experience of using the protocol.
The deposit process allows you to move your $PLOT tokens from Ethereum or Polygon to your Magic Link wallet address.
All the PLOT that are deposited in your Magic Link wallet are in your custody. PlotX does not store your email or private keys.
Here's a step-by-step guide on how to deposit PLOT in your Magic Link wallet on PlotX:
Navigate to My Funds > Deposit.
Since the PlotX v2 app is on the Polygon network, depositing PLOT in your Magic Link wallet may mean one of two things:
Ethereum to Polygon
You are migrating your PLOT from Ethereum to PlotX which is on Polygon
Polygon to Polygon You are transferring your PLOT from one wallet to another (in this case, the other wallet will be your Magic Link wallet) within the Polygon network
Depending on which of the above two you want to pursue, you need to select one of the two choices as shown in the screenshot below:
If you're depositing your PLOT from Polygon, then all you need to do is sign the initiated MetaMask transaction and that's it, no gas fees at all
If you're depositing your PLOT from Ethereum, then you will have to pay the necessary gas fees for the deposit transaction(s).