Buy Polygon 2025 Guide: How to invest, hold and sell
六月 8, 2022 3:50 pm
This can be a way to earn passive income beyond staking, especially in pools with high volume or incentivized rewards. Supplying POL means contributing your tokens to a liquidity pool, typically paired with another asset ( like USDC or ETH), to facilitate decentralized trading. Token holders can vote on Polygon Improvement Proposals (PIPs), which influence key upgrades and ecosystem decisions.
Can I buy Polygon with a credit card?
The numbers behind BlockchainFX’s future are just as compelling as its presale momentum. Analysts forecast revenue growth from $30 million in 2025 to $1.8 billion by 2030. At the same time, the platform is expected to scale from 220,000 users in its launch year to over 25 million active users within five years. This isn’t just speculation; it’s based on growing demand for unified trading solutions as financial markets converge.
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By adhering to these guidelines we mentioned above, you will be able to find a regulated broker that can facilitate safe, easy and cost-effective Polygon purchases for you. The most common fee that you need to be aware of is the commission – which you will come across on the majority of brokerage platforms. Another crucial concern when thinking of how to buy Polygon should be the types of fees involved. In fact, when you are comparing different crypto brokers, the commissions involved can be the defining factor that will help you make the final decision. To name a few, some of the most reputable governing bodies include the FCA in the UK, ASIC in Australia, SEC in the US, and CySEC in Cyprus. The best crypto brokers hold at least one license and sometimes are regulated by multiple authorities – like eToro.
Purchase MATIC in more than 100+ countries using the local currency of your bank account. Just sign up for a free account in seconds from our app, then add a few personal details to verify your identity. Having decided on the volume to buy, click on Preview Buy to view the details of your order. Start a trade by selecting Buy and choosing Polygon from the list of assets to bring up the purchase interface. You can also type MATIC in the search bar instead of scrolling around.
How to buy other crypto assets
MATIC currently trades for $0.85 and with the circulating supply of 8 billion tokens, it has a market capitalization of $7.5 billion. This is a great token that will help you operate on many different Ethereum-based networks and projects. Peer-to-peer (P2P) exchanges connect buyers and sellers directly, allowing you to buy or sell crypto using various payment methods. With P2P trading, you have more freedom to select your preferred offers and trade directly with counterparties.
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This method is helpful for anyone who owns crypto in other platforms or wallets. Once what is data science a beginner’s guide to data science you have transferred your Bitcoin to a Binance account, you can buy Polygon with Bitcoin as Binance supports trading BTC/MATIC pair. Polygon (MATIC) is a popular cryptocurrency that has been gaining traction in the crypto space. One of the most popular exchanges for buying and trading Polygon is Binance. In this guide, we will walk you through the steps on how to buy MATIC on Binance. The top models have also recently introduced staking options, which means you’re not missing out on rewards by using them.
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Another reason that crypto enthusiasts might want to buy MATIC tokens is because they can stake them to earn rewards. MATIC relies on token holders to act as validators for transactions (we’ll explain this a bit more later on), but the benefit of this is that anyone who does so earns MATIC tokens as a reward. One of the most popular sidechains Polygon employs is called the ‘plasma chain’. In this instance, Ethereum is the ‘primary’ or ‘parent’ blockchain, which Plasma chains link up to and communicates with, allowing assets to transfer between them securely. If you already hold cryptocurrencies in a wallet, you’re spoilt for choice with the options available to you.
- Yes, many exchanges allow you to buy Polygon using fiat currencies such as USD, EUR, or others.
- It is crucial for you to understand the differences between these two options, as your experience will vary widely from one to another.
- Cold storage refers to wallets that require offline verification before you sign in, and it’s better for holding larger amounts — or keeping your money for an extended period.
- Registering as an entity if you are looking to buy Polygon as a Limited company business on the Binance exchange is also an option.
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- BingX is one of the leading crypto exchange platforms with over 5 million active users.
- Polygon started out as the Matic Network but eventually rebranded to Polygon in 2021.
- Finder compares a wide range of products, providers and services but we don’t provide information on all available products, providers or services.
- The best way to access Polygon is via a regulated broker such as eToro – which offers you commission-free access to this asset.
- Now that you understand how to buy and transfer $POL tokens, make sure to follow the necessary steps to ensure secure transactions.
Exchanges like Binance also offer P2P trading options on POL across specific regions. A look at Polygon (formerly Matic Network), a Layer-2 scaling solution with payment and lending solutions, atomic swaps, and improved dApp and DEX performance. After tapping buy, you’ll have the option to choose whether you want to place a one-time purchase or a recurring the best crypto wallet apps buy.
To buy Polygon, choose a reliable exchange, create an account, verify your identity, and link a payment method to begin trading. If you’re looking to trade MATIC regularly, software or hot wallets provided by your selected crypto exchange will suit you. The strength of software wallets lies in their flexibility and ease of use. A software wallet is the most easy-to-set-up crypto wallet and lets you easily interact with several decentralized finance (DeFi) applications. However, these wallets are vulnerable to security leaks because they’re hosted online. So, if you want to keep your private keys in a software wallet, conduct due diligence before choosing one to avoid security issues.
What Are the Different Ways to Pay for Polygon?
A market order buys at the current market price, while a limit order allows you to specify the price at which you want to buy. Yes, many exchanges allow you to buy Polygon using fiat currencies such as USD, EUR, successful 1st anniversary during crypto winter or others. Yes, MATIC, the native token of the Polygon ecosystem, is of Indian origin. The ecosystem was envisioned and launched by Indian entrepreneurs — Anurag Arjun, Sandeep Nailwal, and Jaynti Kanani.
Still, crypto markets are volatile, so be sure to research thoroughly before trading. You can pay with a credit/debit card, Apple Pay, Google Pay, or PayPal. We also support local options such as UK Faster Payments, SEPA, Pix in Brazil, as well as Venmo and bank transfers in the US.