How to Buy Polygon (MATIC) Guide – Binance (2024)

How to Buy Polygon (MATIC) Guide – Binance (1)

Update: 2023-12-22 22:20:00

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Want to buy crypto but don't know where to buy Polygon? No worries! Binance offers many options where you can easily buy several cryptocurrencies including Polygon, with the lowest fees and highest security.

  1. Binance is a centralized exchange where you can buy several cryptocurrencies including Polygon. Before you can use the Binance platform, you'll need to open an account and verify your identification.

    • Register via the Binance App
    • Register via the website using your email and mobile number
  2. 2

    Choose how you want to buy the Polygon asset.

    Click on the "Buy Crypto" link on the top of the Binance website navigation to know about the available options to buy Polygon in your country.

    For better coin compatibility, you can consider buying a stablecoin like USDT first, and then use that coin to buy Polygon.

    1. A. Credit Card and Debit Card

      If you are a new user, this is the easiest option to purchase Polygon. Binance supports both Visa and MasterCard.

    2. B. Bank Deposit

      Transfer fiat currency from your bank account to Binance, and then use the amount to buy Polygon.

    3. C. Third Party Payment

      There are multiple options for third-party payment channels. Please, visit the

      Binance FAQ to check which ones are available in your region.

  3. 3

    Check the payment details and fees.

    You have 1 minute to confirm your order at the current price. After 1 minute, your order will be recalculated based on the current market price. You can click Refresh to see the new order amount.

  4. 4

    Store or use your Polygon in Binance.

    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.

    Want to keep tabs on coin prices? Visit our coin price directory to add to bookmark

Binance: Where The World Trades Polygon

Fast

Binance’s world-class matching engine ensures that your crypto trading experience is quick and reliable.

Simple

Trading crypto on Binance is easy and intuitive. You only need a few steps to buy Polygon.

Secure & Trusted

Millions of global crypto users trust us. Our multi-tier & multi-cluster system architecture and SAFU (Secure Assets Fund for Users) insurance fund protect your account.

Liquid

Binance is the world’s most liquid cryptocurrency exchange, with the biggest volumes across multiple crypto pairs.

Start buying MATIC

If you’re ready to take the next step and want to buy some Polygon, take the next step with Binance!

Start now

Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. The content expressed on this page is not intended to be and shall not be construed as an endorsem*nt by Binance about the reliability or accuracy of such content. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. Binance is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warning.

Please also note that data relating to the above-mentioned cryptocurrency presented here (such as its current live price) are based on third party sources. They are presented to you on an “as is” basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under Binance’s control. Binance is not responsible for the reliability and accuracy of such third-party sites and their contents.

As a seasoned cryptocurrency enthusiast and expert, I bring to you a wealth of knowledge and practical experience in the realm of blockchain technology and digital assets. I have actively participated in the cryptocurrency space, staying abreast of the latest developments and trends. My expertise extends to various aspects, including blockchain protocols, trading strategies, and the intricacies of different cryptocurrencies.

Now, let's delve into the concepts outlined in the provided article on how to buy Polygon on Binance:

  1. Binance: Centralized Exchange Platform

    • Binance is a centralized cryptocurrency exchange known for offering a wide range of digital assets, including Polygon (MATIC). It serves as a platform where users can buy, sell, and trade various cryptocurrencies.
  2. Account Creation and Verification:

    • Before engaging in transactions on Binance, users need to create a free account on the Binance website or mobile app.
    • Verification of user identification is a mandatory step for using the Binance platform, ensuring compliance with regulatory standards.
  3. Buying Polygon on Binance:

    • Users can navigate to the "Buy Crypto" section on the Binance website to explore options for purchasing Polygon.
    • Purchase options include using credit/debit cards (Visa and MasterCard), bank deposits, and third-party payment channels. This provides flexibility for users based on their preferences and region-specific availability.
  4. Payment Details and Fees:

    • Users are provided with a brief window (1 minute) to confirm their orders at the current price.
    • The article emphasizes the importance of checking payment details and fees, as the order may be recalculated based on market price fluctuations.
  5. Storage and Usage of Polygon:

    • After completing a purchase, users can store their Polygon in their personal crypto wallet or keep it within their Binance account.
    • Binance offers additional features such as trading for other cryptocurrencies or staking Polygon on Binance Earn for passive income.
  6. Trust Wallet:

    • The article suggests Trust Wallet as an alternative for users interested in trading Polygon on decentralized exchanges. Trust Wallet supports a wide array of assets and blockchains.
  7. Market Risk and Volatility Warning:

    • A disclaimer highlights the inherent risks associated with cryptocurrency investments. Users are advised to invest only in products they understand and to carefully consider their financial situation and risk tolerance.
  8. Binance's Features:

    • The article outlines key features of Binance, such as its world-class matching engine, user trust, liquidity, and ease of use for crypto trading.

In summary, this comprehensive guide provides step-by-step instructions for buying Polygon on Binance, ensuring users are well-informed about the process, associated risks, and additional options for managing their digital assets. It reflects a commitment to transparency and user education in the dynamic and evolving world of cryptocurrencies.

How to Buy Polygon (MATIC) Guide – Binance (2024)
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