BitPay now supports the Polygon network. BitPay users can buy MATIC, store, swap and spend various ERC-20 tokens across the Polygon network, including MATIC, USDC and GAMEE.
Buying Polygon tokens within the BitPay non-custodial wallet at great rates and no hidden fees. Here's how to get started.
Step 1: Get the BitPay Wallet
The BitPay Wallet is available on Android, iOS, Windows and Linux. Scan the QR code to download the app. It is 100% free.
Step 2: Tap "Buy Crypto".
Tap "Buy Crypto" on the app home screen.
Step 3: Choose the amount and select your preferred Polygon token
Enter the amount you’d like to convert to cryptocurrency. Currently, BitPay supports buying MATIC, USDC and GAMEE over the Polygon network.
Step 4: Choose your preferred payment method
BitPay allows you to buy crypto with a credit card, debit card, Apple Pay or Google Pay. Payment methods may vary by partner.
Step 5: View your offers
We partner with Simplex and Wyre to give you the best possible price. There are no hidden fees or excessive markups. Once you choose your preferred offer, you’ll be taken to one of our partner sites to enter your payment details complete the transaction.
Step 6: Confirm your Polygon tokens have been received
Your Polygon tokens should arrive shortly. If you previously did not have a Polygon wallet within the BitPay app, you'll see one created with your funds under the My Crypto section.
Benefits of buying Polygon tokens with BitPay
The BitPay app offers a secure and seamless way to buy all of your favorite Polygon tokens.
Fast transactions
No long wait times to get your crypto.
Great rates, no hidden fees
We offer competitive exchange rates. There are no hidden fees, annual costs or additional mark up. What you see is what you pay. There are multiple ways to pay for your Polygon tokens, including credit card, debit card, Apple Pay or Google Pay.
Safe and secure
The BitPay Wallet is non-custodial, meaning you, and only you, own your keys.
Manage all of your assets in one place
After you buy cryptocurrency with Apple Pay, you can store, swap and spend without ever leaving the app. It is the only app you need to control your assets.
Buy and store Polygon assets securely in the BitPay Wallet
As someone deeply immersed in the cryptocurrency space, with a comprehensive understanding of blockchain networks and digital assets, I can attest to the significance of the integration between BitPay and the Polygon network, particularly in relation to the acquisition and management of Polygon tokens such as MATIC, USDC, and GAMEE.
The article you provided highlights the seamless support for the Polygon network within the BitPay non-custodial wallet, allowing users to engage in various activities, including buying, storing, swapping, and spending ERC-20 tokens on the Polygon network. This integration enhances the accessibility and utility of Polygon tokens for BitPay users, providing a convenient and user-friendly experience.
Let's break down the key concepts mentioned in the article:
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Polygon Network (MATIC): The Polygon network, formerly known as Matic, is a Layer 2 scaling solution for Ethereum. It aims to improve scalability and reduce transaction costs on the Ethereum network by introducing sidechains and other scaling techniques.
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BitPay Integration: BitPay is a well-established cryptocurrency payment service provider. The integration of Polygon support into BitPay's non-custodial wallet signifies a strategic move to expand the platform's offerings and cater to users interested in Polygon tokens.
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BitPay Wallet: The BitPay Wallet is a non-custodial wallet available on various platforms, including Android, iOS, Windows, and Linux. Being non-custodial means users have sole control over their private keys, enhancing security and ownership of their assets.
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Buying Polygon Tokens: BitPay users can purchase Polygon tokens such as MATIC, USDC, and GAMEE directly within the wallet. The article emphasizes the availability of competitive exchange rates and the absence of hidden fees, offering transparency in the buying process.
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Payment Methods: BitPay supports multiple payment methods for buying crypto, including credit cards, debit cards, Apple Pay, and Google Pay. The flexibility in payment options enhances user convenience.
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Partnerships with Simplex and Wyre: BitPay collaborates with Simplex and Wyre to provide users with the best possible prices for purchasing Polygon tokens. This partnership ensures a reliable and efficient transaction process.
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Security and Control: The BitPay Wallet's non-custodial nature assures users that they have full control over their private keys, contributing to the overall security of their assets.
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Asset Management: BitPay's wallet enables users to manage all their assets in one place. After purchasing cryptocurrency, users can store, swap, and spend their Polygon tokens without leaving the app, simplifying asset management.
In summary, the integration of the Polygon network into the BitPay non-custodial wallet represents a significant step forward in enhancing the accessibility, security, and utility of Polygon tokens for users across different platforms. The article provides clear steps for users to get started, emphasizing the benefits of using BitPay for acquiring and managing Polygon assets.
