How to buy Polygon | Buy Polygon in four easy steps | KoinX

how to buy polygon
Our step-by-step guide on how to buy Polygon (MATIC)

Polygon – earlier called Matic Network – is an Ethereum token that powers the Polygon network. It aims to provide much quicker and cheaper transactions on Ethereum using a two layers system of sidechains.

How to buy Polygon in four easy steps?

Step 1 – Select a Crypto Exchange

Step 2 – Finalize the Budget

Step 3 – Select a Payment Method

Step 4 – Place your order

Step 1 - Select a Crypto Exchange

The first thing to choose in your crypto journey is a crypto exchange. To buy polygon, consider the trading fees and choose an exchange.

Step 2 - Finalize the Budget

Once you decide on a crypto exchange, sign up and determine the amount you want to invest. This will solely depend on your financial condition, pay structure, risk-taking capacity, and several other factors. 

Step 3 - Select a Payment Method

After finalizing the budget, the next step is to select a payment method and deposit the amount you want to invest. You can choose any convenient method, which could also include fiat, spot, or P2P trading. 

Step 4 - Place your buy order

Once you have the amount added to the crypto exchange, all you need to do is place a buy order depending on the number of polygon you want to buy.

Popular video guides on buying Polygon (MATIC)

Where to buy Polygon (MATIC)?

Also read: Polygon Prices Live

1. Coinbase
Coinbase crypto exchange

Coinbase is one of the most well-known US-based crypto exchanges. The platform has been operational for more than a decade and has garnered the trust of millions of crypto enthusiasts. It offers trading cryptos at very low trading fees, which makes it the best option for beginners to buy MATIC.

Header 1Header 1
Operational SinceJune 2012
Deposit MethodsPayPal, Debit/Credit Cards, Wire Transfers, Apple/Google Pay
Deposit Fees0.00% to 0.50% per trade
Cryptos Listed170
Fiat Currencies Support-edEUR, USD, GBP
2. WazirX
WarizX crypto exchange

WazirX is one of India’s leading crypto exchanges. With WazirX, you can easily trade, buy, and exchange MATIC using different deposit methods. In addition to this, if you buy MATIC through WazirX, it only charges 0.2% as a trading fee, which is quite low compared to others.

Header 1Header 1
Operational SinceMarch, 2018
Deposit MethodsIMPS, Neft, RTGS, UPI
Deposit FeesFree
Cryptos Listed387
Trading Fees0.2%
Fiat Currencies SupportedUSDT
3. CoinSwitch
CoinSwitch crypto exchange

CoinSwitch was founded back in 2017. Since its launch, it has been widely used by traders across India. One of the main features of CoinSwitch is that it pools the liquidity of Polygon from some of the top crypto exchanges globally, and enables the user to trade it at the best rates globally.

Header 1Header 1
Operational SinceJune 2017
Deposit MethodsIMPS, Neft, RTGS
Deposit FeesNone
Cryptos Listed170
Trading Fees0 - 0.5%
Fiat Currencies SupportedUSDT

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Frequently Asked Questions

Where can you buy Polygon with a credit or debit card?

You can buy Polygon with a credit or debit card, on crypto exchanges such as Binance, CoinSwitch, and WazirX. They also offer no deposit fees and very minimal trading fees.

What will you need to buy Polygon?

To purchase polygon, you must first open an account on one of the cryptocurrency exchanges. Once the account is functional, you can deposit money through any of the options available, and then put in the number of polygons you want to buy, and place the order.

What is the easiest way to buy Polygon?

The easiest way to buy Polygon is to use your PayPal or credit/debit card on any of the crypto exchanges. This method easily allows you to deposit funds to the crypto exchange which can ultimately be used to buy Polygon. 

Best wallets to store your Polygon (MATIC)

The best wallets to store Polygon are Coinbase and Binance. They both provide a variety of trading options and also have high-security encryption. In addition to this, Trezor Model T and Ledger Nano X are the other two wallets that are preferred by users to store Polygon.

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