how to buy Polygon coin

How to Buy Polygon Right Now

In this article, we will show you how to buy Polygon easily. By the end of this article you would learn how to buy MATIC with USD, BTC or ETH. Keep reading.

Table of Contents:

  1. What is Polygon? Our review
  2. Current prices
  3. Where to buy MATIC
  4. How to safely store MATIC
  5. Frequently asked questions

Current Polygon Price Stats

MATIC Price $1.0690 USD
Price Change24h $-0.2310 USD (-17.77%)
24h Low / 24h High $1.0270 / $1.3090 USD
Trading Volume24h $85,111,896 USD
MarketCap $10,689,999,872 USD

What is Polygon? A Review

Matic provides scalable, secure and instant transactions using sidechains based on an adapted implementation of Plasma framework for asset security and a decentralized network of Proof-of-Stake (PoS) validators. In short, it allows anyone to create scalable DApps while ensuring a superior user experience in a secure and decentralized manner. It has a working implementation for Ethereum on Ropsten Testnet. Matic intends to support other blockchains in the future which will enable it to provide interoperability features alongside offering scalability to existing public blockchains.Matic Network is expanding tech scope and mission and becoming Polygon — Ethereum’s Internet of Blockchains.Existing Matic solutions remain functional and high priority. All the existing Matic solutions and implementations, primarily Matic PoS Chain and Matic Plasma Chains, remain fully functional and will continue to be developed and grown as very important components of the Polygon ecosystem. These implementations will not be impacted or changed in any way, and no action is required from developers or end-users. The $MATIC token will continue to exist and will play an increasingly important role, securing the system and enabling governance. See the official announcement.Polygon is a easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building and connecting two major types of solutions:Secured chains (aka Layer 2 chains): Scaling solutions that rely on Ethereum for security instead of establishing their own validator pool. Stand-alone chains (aka Sidechains): Sovereign Ethereum sidechains, normally fully in charge of their own security, i.e. with their own validator pool.

how to buy Polygon

Where and How to Buy Polygon (MATIC) Coin

There are 3 steps to purchasing Polygon. They are:

  1. Buy Bitcoin: Buying Bitcoin in 2021 is a fairly simple matter which we don't need to go in-depth on. The best places to but Bitcoin directly today with USD or your native currency are: Coinbase, Binance and Paypal. Luckily, some exchanges allows you to purchase MATIC directly with USD. They are: Cexio, ftx, binanceusa, ExtStock, Yobit, .
  2. Move the Bitcoin to an Exchange that supports MATIC: Once you have purchased BTC, the next step is to move the BTC to an exchange that supports the MATIC/BTC trading pairs.
    At the moment, MATIC is currently available for purchase with Bitcoin at HuobiPro, huobikorea, Gateio, Catex, Yobit, Binance, BitTrex, HuobiPro, Poloniex, BitMart, HitBTC, huobikorea, bitmax, bitcoincom, CoinEx, Bitforex, Catex, Yobit, .
  3. Buy Polygon on the Exchange: Now, you can buy Polygon with your Bitcoin on your preferred exchange from the options we provided. Some of these exchanges support different MATIC pairs. Below is a detailed breakdown of each exchange and the trading pairs it supports.

USD Exchanges

Exchange Trade Pair Volume Exchange Grade
Cexio MATIC/USD $436,852 USD A
ftx MATIC/USD $1,569,002 USD A
binanceusa MATIC/USD $14,101,932 USD BB
ExtStock MATIC/USD $4,275,074 USD D
Yobit MATIC/USD $520 USD D

Bitcoin Exchanges

Exchange Trade Pair Volume Exchange Grade
Binance MATIC/BTC 1127.7430 BTC A
BitTrex MATIC/BTC 6.6382 BTC A
HuobiPro MATIC/BTC 21.8154 BTC A
Poloniex MATIC/BTC 0.9116 BTC A
BitMart MATIC/BTC 8.2927 BTC BB
huobikorea MATIC/BTC 15.0997 BTC B
bitmax MATIC/BTC 3.2255 BTC B
bitcoincom MATIC/BTC 4.2053 BTC B
CoinEx MATIC/BTC 1.9596 BTC C
Bitforex MATIC/BTC 25.1160 BTC C
Catex MATIC/BTC 0.0033 BTC C
Yobit MATIC/BTC 0.0040 BTC D

Eth Exchanges

Exchange Trade Pair Volume Exchange Grade
HuobiPro MATIC/ETH 268.7789 ETH A
huobikorea MATIC/ETH 218.1347 ETH B
Gateio MATIC/ETH 28.8134 ETH B
Catex MATIC/ETH 0.1034 ETH C
Yobit MATIC/ETH 0.0007 ETH D

How to Safely Store Polygon Crypto

Once you buy Polygon, the next question you'd have is "where do I store my Polygons?". It is quiet easy to store your Polygon tokens after purchase. In fact there are two easy methods of doing so:

  1. Cold storage: There is a saying in crypto that the only tokens you own are those on your hard drive. This is very true as lots of things could happen to coins stored on exchanges - e.g hacks. For this reason, cold storage is usually a good option.
    Hardware wallet options like - The Ledger Nano S or Ledger Nano X and SecuX V20 could be a good place to store Polygon. If Polygon is an Ethereum based ERC-20 token, you can also store it in any ERC-20 compatible wallet such as MyEtherWallet (MEW) or MyCrypto.
  2. Exchanges: Storing on Exchanges might be a good option if you don't plan on hodling Polygon for the long-term and need to quickly trade it and make some gains. However, be careful as a downside of storing on exchanges is the susceptibility of exchanges to hacks.

Reported Issues

Frequently Asked Questions

Question Answer
Where can I buy MATIC with Dollars (USD)? You can buy Polygon (MATIC) with U.S Dollars on Cexio, ftx, binanceusa, ExtStock, Yobit, .
Where can I purchase MATIC with my Bitcoin (BTC)? As of today, you can buy Polygon with Bitcoin on any of the following exchanges: Binance, BitTrex, HuobiPro, Poloniex, BitMart, HitBTC, huobikorea, bitmax, bitcoincom, CoinEx, Bitforex, Catex, Yobit, .
I have Ethereum. Where can I buy MATIC with ETH? Polygon is available for purchase using ETH on these Crypto exchanges: HuobiPro, huobikorea, Gateio, Catex, Yobit, .
How much is Polygon? Right now, the price of MATIC is $1.0690.
Is Polygon Crypto a good Investment in 2021? Our analysis shows a possible all time high of $2.8535. So yes. MATIC is a good investment.

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