How to buy matic: Buy Polygon MATIC the easy way




Theoretically, the company states Matic should be capable of handling millions of transactions per second in the future. Catch the price of the moment, pay instantly by card with the lowest fees of the market, and receive your MATIC on any of your wallets. With a paper wallet, you can write down the keys or use an app to get a printed QR code to access your cryptocurrency. But paper wallets can be risky—if you lose the paper, you won’t be able to access your cryptocurrency. That means you could lose a significant amount of money. A hardware wallet resembles a flash drive or USB drive.

Matic is a Layer-2 scaling system, a technology built on top of another blockchain — in this case, Ethereum — for faster transactions. There are about 8 billion coins in circulation with a maximum supply of 10 billion. The investing information provided on this page is for educational purposes only. NerdWallet does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell particular stocks, securities or other investments. We believe everyone should be able to make financial decisions with confidence. Mt Pelerin Group SA is a company established in Switzerland since 2018, with offices in Neuchâtel and Geneva.

Whether it makes sense to invest in MATIC is dependent on your finances, goals and overall investment portfolio. Cryptocurrency is always at risk of serious fluctuations. That’s especially true for Polygon’s native currency, MATIC. Please stand by, while we are checking your browser…

Buy Polygon MATIC instantly with a credit or debit card, bank transfer, Apple Pay, Google Pay,and more. A method that’s a bit clunkier but more secure is cold storage, which usually consists of a USB device that connects to the internet only when transacting. Cold storage also gives you more control, or custody, of your holdings than hot wallets, where a third-party company technically stores your crypto.

But some investors see that as an opportunity, especially because Polygon is still one of the top cryptocurrencies based on its market capitalization of $4.6 billion. Transfer fiat currency from your bank account to Binance, and then use the amount to buy Polygon . Convert your Polygon MATIC to another cryptocurrency directly in your wallet or by using a DeFi application. Decentralized exchanges let you buy directly from others. While this route can be more technical, you won’t pay as much in fees.

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Now that you bought your crypto, you can store it in your personal crypto wallet or simply hold it in your Binance account. You can also trade for other crypto or stake it on Binance Earn for passive income. If you would like to trade your Polygon to a decentralized exchange you may want to check Trust Wallet which supports millions of assets and blockchains. Buy Polygon in minutes using Visa, Mastercard, and all major debit and credit cards via the widget on this web page.

You can also purchase MATIC on MoonPay via bank transfer, Apple Pay and Google Pay. Staking, a process in which Matic owners can use their tokens to help validate new transactions in return for Matic tokens. Proof-of-work validation relies on powerful computers to solve difficult cryptography problems, which is an energy-intensive process.

We are an authorized Swiss financial intermediary and our regulation allows for KYC-less money exchange under certain thresholds. As a result, you can buy MATIC by bank transfer without having to verify our identity below the limits shown here. You can still choose to identify and lift these limits.

After 1 minute, your order will be recalculated based on the current market price. You can click Refresh to see the new order amount. Your Binance account acts as a gateway into buying crypto. But before you can buy Polygon , you’ll need to open an account and verify your identification. After you buy Polygon MATIC, you can transfer it to anyone across the globe, as long as you know their Polygon MATIC wallet address.

When shopping for an exchange, evaluate the platform’s security, and look for one with low fees and low account minimums. Polygon is designed to scale the Ethereum network and improve its functionality. And it has become popular among decentralized finance platforms, with a strong, rich DeFi and non-fungible token ecosystem. The network also claims that it can handle thousands of transactions per second —which is pretty quick in comparison to Ethereum’s TPS of around 15.

Buy Polygon MATIC

Both centralized and decentralized exchanges typically allow payments using a bank transfer and, sometimes, a credit card. In addition, some exchanges accept mobile-friendly payment methods like Apple Pay or PayPal. While you may purchase MATIC with a credit card, we strenuously advise against it. That’s because credit card transaction fees on crypto exchanges often run high. If you use a credit card to buy cryptocurrency, it generally will count as a cash advance and be subject to a higher interest rate than you pay on regular charges. Buy Polygon MATIC on any of your wallets instantly by card or bank transfer.


There are multiple options for third-party payment channels. Please, visit the Binance FAQ to check which ones are available in your region. Store your newly purchased Polygon MATIC in yourpreferred wallet.There are many custodial and non-custodial wallets to choose from. Neither the author nor editor held positions in the aforementioned investments at the time of publication.

Decide whether to invest in Matic

As with any crypto asset, Polygon is risky and volatile. So only invest an amount that you are comfortable with, as cryptocurrencies are risk assets. Please also note that data relating to the above-mentioned cryptocurrency presented here are based on third party sources.

You can easily buy Polygon with the lowest fees and highest security anywhere Binance is available. Learn how to buy Polygon with the Binance app now. NerdWallet’s ratings are determined by our editorial team.

It’s a physical device that stores the private and personal keys to access your cryptocurrency. These wallets are not connected to a network or the internet, providing “cold storage,” which is more secure. You’ll also pay transaction costs to users who verify transactions. These fees are in addition to fees you pay to an exchange, and you can’t avoid them on a decentralized exchange. The organization behind it claims it can process transactions about 467 times faster than Ethereum at a fraction of the cost and that about 2.7 million people use it every month. As of Aug. 1, 2022, Matic was the 13th largest cryptocurrency, with a market cap of $7.2 billion.

With them, you can set up crypto savings plans and DCA strategies through permanent orders of the amount and time interval of your choice. Forbes Advisor adheres to strict editorial integrity standards. To the best of our knowledge, all content is accurate as of the date posted, though offers contained herein may no longer be available. The opinions expressed are the author’s alone and have not been provided, approved, or otherwise endorsed by our partners.

Cryptocurrency is a new and quickly growing type of technology and investment. Solana, for example, also touts high speeds and low cost and, as of July 2022, has a market cap nearly double that of Matic. Many or all of the products featured here are from our partners who compensate us. This influences which products we write about and where and how the product appears on a page. Here is a list of our partners and here’s how we make money. Please note that we only accept cards issued in the Europe region.

Most exchanges allow you to designate an order type. As a Layer 2 scaling solution, Polygon allows users to participate in the Ethereum network with significantly quicker transaction processing speeds. Polygon transaction fees are paid in MATIC and are much lower than the underlying Ethereum mainnet. Polygon’s MATIC is a token launched in 2017 to power the Polygon Network. Polygon is a Layer 2 scaling solution for the Ethereum blockchain that allows users to transact quicker and more cheaply than on the Ethereum mainnet. Polygon has a complete ecoystem of DeFi and NFTs that take advantage of the Ethereum blockchain while improving transaction times and lowering gas fees for participants.

How to buy Polygon MATIC?

This may influence which products we review and write about , but it in no way affects our recommendations or advice, which are grounded in thousands of hours of research. Our partners cannot pay us to guarantee favorable reviews of their products or services. Binance is the world’s most liquid cryptocurrency exchange, with the biggest volumes across multiple crypto pairs.

There is a growing number of charities that accept donations in Polygon MATIC and cryptocurrency.Give crypto easilyand internationally. Purchase Polygon MATIC in more than 150 countries using the local currency of your bank account. For those new to the crypto lingo, a Layer 2 crypto is built on top of an existing blockchain. In this case, Ethereum is the Layer 1 crypto and Polygon is the Layer 2. Our multi-tier & multi-cluster system architecture and SAFU insurance fund protect your account.