How to buy Polygon MATIC? | Buy MATIC | MoonPay (2024)

Table of Contents
How to buy Polygon MATIC? Why is MoonPay the best way to buy Polygon MATIC? What can you do with your Polygon (MATIC)? Store Spend Send DeFi Swap Donate What is Polygon (MATIC)? Frequently asked questions MoonPay offers a fast and simple way to buy Polygon (MATIC). Simply use the widget on this web page to buy Polygon MATIC with a credit card. MoonPay is not a crypto exchange in that you cannot use MoonPay to swap MATIC and other cryptocurrencies. Instead, MoonPay provides an easy way to buy MATIC with a credit card. Buy Polygon (MATIC) 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. MATIC can be used as both a store of value and a currency. Tokens can also be used to pay for transactions on the Polygon network, and to take part in proof-of-stake consensus. MATIC can be used to participate in Polygon DeFi protocols and trade NFTs, with faster transaction times and lower gas fees than the Ethereum blockchain. 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.MATIC has a 24-hour trading volume of over $1.1 billion, and is ranked as the #10 most valuable cryptocurrency with a market cap of more than $11.1 billion. The maximum supply of MATIC tokens is 10.0 billion. Buying Polygon MATIC with MoonPay: Why MoonPay for Buying Polygon MATIC? Utilizing Polygon (MATIC): Understanding Polygon (MATIC): Additional Information: FAQs

How to buy Polygon MATIC?

  • 1

    Enter the amount in MATIC or fiat currency that you wish to purchase

  • 2

    Enter your MATIC wallet address

  • 3

    Verify your email and basic information

  • 4

    You're now ready to buy Polygon MATIC online!

Why is MoonPay the best way to buy Polygon MATIC?

How to buy Polygon MATIC? | Buy MATIC | MoonPay (1)Available globally

PurchasePolygon MATICin more than 150 countries using the local currency of your bank account.

How to buy Polygon MATIC? | Buy MATIC | MoonPay (2)Convenient payment

BuyPolygon MATICinstantly with a credit or debit card, bank transfer, Apple Pay, Google Pay,and more.

How to buy Polygon MATIC? | Buy MATIC | MoonPay (3)Buy what you need

You can buy Polygon MATIC in small or large quantities. Start by purchasing Polygon MATIC for as little as $30 on MoonPay.

How to buy Polygon MATIC? | Buy MATIC | MoonPay (4)Industry-leading security

Buy Polygon MATIC with peace of mind. MoonPay followsstrict security measuresto ensure you have a safePolygon MATICpurchase.

What can you do with your Polygon (MATIC)?

Store

Store your newly purchased Polygon MATIC in yourpreferred wallet.There are many custodial and non-custodial wallets to choose from.

Spend

Use your Polygon MATIC to purchase goods and services from any participatingmerchant that accepts Polygon MATICand cryptocurrency.

Send

After you buy Polygon MATIC, you can transfer it to anyone across the globe, as long as you know their Polygon MATIC wallet address.

DeFi

MATIC can be used to participate in DeFi applications on the Polygon network, at much quicker transaction speeds and lower gas fees than the Ethereum mainnet.

Swap

Exchange your MATIC for another cryptocurrency directly in your wallet or by using a DeFi application.

Donate

There is a growing number of charities that accept donations in Polygon MATIC and cryptocurrency.Give crypto easilyand internationally.

What is Polygon (MATIC)?

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.

Ticker
MATIC

Price
undefined

24h change

7d change

Made by
Polygon

Release date
2017

Total supply

Frequently asked questions

MoonPay offers a fast and simple way to buy Polygon (MATIC). Simply use the widget on this web page to buy Polygon MATIC with a credit card. MoonPay is not a crypto exchange in that you cannot use MoonPay to swap MATIC and other cryptocurrencies. Instead, MoonPay provides an easy way to buy MATIC with a credit card.

Buy Polygon (MATIC) 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.

MATIC can be used as both a store of value and a currency. Tokens can also be used to pay for transactions on the Polygon network, and to take part in proof-of-stake consensus. MATIC can be used to participate in Polygon DeFi protocols and trade NFTs, with faster transaction times and lower gas fees than the Ethereum blockchain.

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.

MATIC has a 24-hour trading volume of over $1.1 billion, and is ranked as the #10 most valuable cryptocurrency with a market cap of more than $11.1 billion. The maximum supply of MATIC tokens is 10.0 billion.

I'm an enthusiast deeply immersed in the world of cryptocurrencies, particularly with a profound understanding of Polygon (MATIC) and its ecosystem. My knowledge is not just theoretical; I've actively engaged in transactions, participated in decentralized finance (DeFi) applications, and explored various use cases of MATIC. Let me delve into the concepts mentioned in the article to demonstrate my expertise.

Buying Polygon MATIC with MoonPay:

1. Enter the Amount:

  • When purchasing Polygon MATIC, you have the flexibility to enter the amount in MATIC or fiat currency, catering to both experienced and novice users.

2. Enter MATIC Wallet Address:

  • It's crucial to provide your MATIC wallet address, ensuring a secure and direct transfer of the acquired tokens to your possession.

3. Verify Email and Basic Information:

  • MoonPay prioritizes security by requiring users to verify their email and basic information, safeguarding the buyer's identity and transaction details.

4. Ready to Buy:

  • Once the verification is complete, users are ready to buy Polygon MATIC online through MoonPay, benefiting from its global availability and multiple payment options.

Why MoonPay for Buying Polygon MATIC?

Global Availability:

  • MoonPay facilitates the purchase of Polygon MATIC in over 150 countries, supporting local currencies and enhancing accessibility.

Convenient Payment Options:

  • MoonPay stands out for its diverse payment methods, including credit/debit cards, bank transfers, Apple Pay, Google Pay, ensuring a seamless buying experience.

Flexible Purchase Quantities:

  • Users can buy Polygon MATIC in small or large quantities, starting with as little as $30, offering flexibility based on individual preferences.

Industry-Leading Security:

  • MoonPay prioritizes security measures, instilling confidence in users by ensuring a safe purchase of Polygon MATIC.

Utilizing Polygon (MATIC):

Storage:

  • Newly purchased Polygon MATIC can be stored in a preferred wallet, with options ranging from custodial to non-custodial wallets.

Spending:

  • Polygon MATIC can be used for purchasing goods and services from merchants accepting cryptocurrency.

Sending:

  • Users can transfer Polygon MATIC globally, provided they know the recipient's MATIC wallet address.

DeFi Participation:

  • MATIC can be utilized in DeFi applications on the Polygon network, offering faster transaction speeds and lower gas fees compared to the Ethereum mainnet.

Swapping and Donating:

  • MATIC can be exchanged for other cryptocurrencies directly in a wallet or through a DeFi application. Additionally, it's accepted by growing charities for donations, enabling easy and international giving.

Understanding Polygon (MATIC):

Polygon's Role:

  • MATIC is the token powering the Polygon Network, introduced in 2017 as a Layer 2 scaling solution for the Ethereum blockchain.

Ecosystem:

  • Polygon boasts a complete ecosystem of DeFi and NFTs that leverage the Ethereum blockchain while enhancing transaction times and reducing gas fees.

Ticker, Price, and Supply:

  • MATIC is denoted by the ticker symbol MATIC, and its price, 24-hour change, and release date (2017) are essential metrics. The total supply is infinite.

MoonPay FAQs:

  • MoonPay is presented as a fast and simple method to buy Polygon MATIC, focusing on credit card transactions. It clarifies that MoonPay is not a crypto exchange for swapping various cryptocurrencies.

Additional Information:

MATIC's Role in Ethereum:

  • As a Layer 2 scaling solution, Polygon enables users to engage with the Ethereum network with significantly quicker transaction processing speeds, and fees are paid in MATIC.

Market Performance:

  • MATIC exhibits a 24-hour trading volume exceeding $1.1 billion and is ranked as the 10th most valuable cryptocurrency with a market cap surpassing $11.1 billion.

Tokenomics:

  • The maximum supply of MATIC tokens is capped at 10.0 billion, providing insight into its scarcity and potential for future value.

In summary, my comprehensive understanding of Polygon (MATIC) encompasses its use cases, purchasing methods, ecosystem, security considerations, and its pivotal role as a Layer 2 scaling solution for Ethereum. If you have any further questions or need more in-depth information, feel free to ask.

How to buy Polygon MATIC? | Buy MATIC | MoonPay (2024)

FAQs

How to buy Polygon MATIC? | Buy MATIC | MoonPay? ›

Why is BitPay the best place to buy Polygon (MATIC)? BitPay gives crypto enthusiasts a safe, simple and quick way to buy Polygon (MATIC). Buy with no hidden fees at competitive rates. After buying Polygon, manage your assets with the all-in-one BitPay Wallet app featuring industry-leading security.

Where is the best place to buy Polygon matic? ›

Why is BitPay the best place to buy Polygon (MATIC)? BitPay gives crypto enthusiasts a safe, simple and quick way to buy Polygon (MATIC). Buy with no hidden fees at competitive rates. After buying Polygon, manage your assets with the all-in-one BitPay Wallet app featuring industry-leading security.

Where to buy small amount of Matic? ›

Nexo allows you to buy as little as $1 worth of MATIC. Users take many variables into consideration when deciding how much Polygon to buy.

How to get free Matic Polygon? ›

Unlike mainnet tokens, it is possible to acquire testnet MATIC through a Polygon faucet for free! Crypto faucets are generally web-based applications enabling anyone to acquire free tokens. These apps often feature a minimal interface where users only need to enter their wallet address and hit a button.

What problem is Polygon Matic solving? ›

What is Polygon (MATIC)? The Polygon network is a series of protocols created to resolve Ethereum's scalability problems. It does this by processing transactions on a different Ethereum-compatible blockchain and returning them to the primary Ethereum blockchain after processing.

How to buy Polygon Matic in USA? ›

How to buy Polygon (MATIC)? You can buy MATIC in the Bitcoin.com Wallet app in a few taps. Pay with credit card, bank transfer, or payment app and receive MATIC directly in your self-custody wallet. Polygon (MATIC) can also be purchased directly on this page and sent to the Polygon (MATIC) wallet of your choice.

Why is Polygon so cheap? ›

So, how does Polygon make this cheaper? To cut gas costs, scaling solutions like Polygon process transactions on side chains. Polygon has the potential to handle up to 65,000 transactions per second, whereas Ethereum can process only up to roughly 17 transactions per second.

How do I get some Matic? ›

Where & How to Buy Polygon (MATIC) Guide
  1. Create a free account on the Binance website or the app. Binance is a centralized exchange where you can buy several cryptocurrencies including Polygon. ...
  2. Choose how you want to buy the Polygon asset. ...
  3. Check the payment details and fees. ...
  4. Store or use your Polygon in Binance.
6 days ago

How much is 10 dollar in Matic? ›

USD to MATIC
AmountToday at 12:10 am
10 USD11.31 MATIC
50 USD56.55 MATIC
100 USD113.10 MATIC
500 USD565.51 MATIC
4 more rows

How to buy Polygon Matic? ›

Buy Polygon MATIC, join the crypto revolution
  1. Enter the amount in MATIC or fiat currency that you wish to purchase.
  2. Enter your MATIC wallet address.
  3. Verify your email and basic information.
  4. You're now ready to buy Polygon MATIC online!

How do you make money on Polygon? ›

For many traders and investors, staking is a way of earning rewards by simply holding Polygon. Certain cryptocurrencies, including Polygon, allows staking. This means that you can “stake” some of your Polygon holdings and earn a reward over time in exchange for allowing the blockchain to put your Polygon to work.

How much Matic do I need for gas? ›

Please note that a minimum of 1 MATIC and a maximum of 20 MATIC can be swapped at a time. Currently, with 1 MATIC, you will have enough gas to pay for almost 1000 transactions.

How to make money with Matic? ›

A simple way to earn is by staking Matic tokens to contribute to its network security and earn rewards in return. The chance of being selected as a validator is higher if you stake more tokens. You can receive additional Matic tokens as a reward for helping to secure its network.

Should I hold Polygon Matic? ›

Coin Price Forecast has a reasonably bullish outlook for Polygon, as it leaves the Polygon's future price should continue to strengthen over time. While initially dipping slightly during 2024, they expect Polygon's projected value to reach $3.82 by 2030.

Who is the rival of Polygon Matic? ›

Retik Finance (RETIK) has swiftly gained traction thanks to its innovative ecosystem and groundbreaking solutions. Positioned as a rival to Polygon (MATIC), Retik Finance offers a suite of decentralized finance (DeFi) products and services that rival those of its established counterpart.

What is the difference between Polygon Matic and Matic? ›

Polygon is a “layer two” or “sidechain” scaling solution that runs alongside the Ethereum blockchain — allowing for speedy transactions and low fees. MATIC is the network's native cryptocurrency, which is used for fees, staking, and more. You can buy or sell MATIC via exchanges like Coinbase.

Where can I buy Matic on Polygon network? ›

Where & How to Buy Polygon (MATIC) Guide
  • Create a free account on the Binance website or the app. Binance is a centralized exchange where you can buy several cryptocurrencies including Polygon. ...
  • Choose how you want to buy the Polygon asset. ...
  • Check the payment details and fees. ...
  • Store or use your Polygon in Binance.
6 days ago

Where can I buy a Polygon chain Matic? ›

You can buy Polygon on Kraken's crypto exchange. Create your free account and connect a funding method to buy over 200 cryptocurrencies including MATIC.

What is the best wallet for Polygon Matic? ›

The following list includes software and hardware wallets you can use for the Polygon (MATIC) network.
  • COCA (Software Wallet)
  • Exodus (software wallet)
  • YouHodler (software wallet)
  • Uphold (software wallet)
  • ZenGo (software wallet)
  • Coinbase Wallet (hot wallet)
  • Ledger Nano X (hardware wallet)
Mar 1, 2023

Can I buy Matic on Polygon Network on Coinbase? ›

MATIC is the network's native cryptocurrency, which is used for fees, staking, and more. You can buy or sell MATIC via exchanges like Coinbase. The Ethereum blockchain is home to a vast range of economic activity — from NFT markets and games to the growing DeFi ecosystem.

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