Bitget App
Trade smarter
Buy cryptoMarketsTradeCopyBotsEarnWeb3

How to buy Polygon(MATIC) Guide

Updated on:  2024/05/25 20:15:35(UTC+0)
Coin rating
4.6
intro-rocket.png
In this tutorial, we will discuss:
1
Where and how to buy Polygon
2
Alternative methods to obtain Polygon
3
Methods to obtain Polygon for free
4
What are the applications of Polygon
5
Market stats to assist in determining optimal times for purchasing Polygon
6
How to safely store your Polygon
7
How to withdraw Polygon

Where and how to buy Polygon

Investing in Polygon has never been easier. Simply sign up on Bitget, complete the identity verification process, and make payments using bank transfers, debit cards, or credit cards, all while ensuring security through crypto wallets. This is a widely adopted method to buy Polygon. Here's a step-by-step guide on how to buy Polygon on Bitget.

Step-by-step guide

Step 1: Create a Bitget account.

Sign up and download the Bitget app to start your journey on Bitget.

Step 2: Complete Bitget's identity verification.

Kindly verify your identity to ensure full compliance and enhance your Bitget experience.
You can access the identity verification page, fill out your country, upload your ID documents, and submit your selfie. You will receive a notification once your identity has been successfully verified.

Step 3: Place a Polygon order through any of the various payment options provided.

Credit/Debit card: For Visa/Mastercard, select Credit/Debit card and then click Add New Card in the Buy Crypto tab.
Complete your payment on Bitget AppCredit/Debit in the Buy Crypto tab of the Bitget app
Enter the bank card details to complete your payment on Bitget WebsiteCredit/Debit in the Buy Crypto tab of the Bitget website
Select your preferred fiat currency, enter the amount you wish to spend, link your credit card, and then complete your payment with zero fees.
Complete your payment on Bitget AppAdd a new card to complete your payment on the Bitget app
Enter the bank card details to complete your payment on Bitget WebsiteEnter your bank card details to complete your payment on the Bitget website
For Diners Club/Discover card, click Buy Crypto > [Third Party] in the top navigation bar to place your Polygon order.
player.png
How to buy crypto with credit/debit card
Google Pay and Apple Pay: Turning your Google Pay and Apple Pay balance into Polygon is easy and secure on Bitget. Click Buy Crypto > [Third Party] in the top navigation bar to place your Polygon order.
player.png
How to buy crypto via third-party gateway
Buy Polygon via bank transfer: We accept iDeal and SEPA for EUR payments, PIX for BRL payments, PayID for AUD payments, UPI for INR payments, QRIS, DANA, and OVO for IDR payments, SPEI for MXN payments, and Gcash for PHP payments. Services are provided by the AlchemyPay, Banxa, Mercuryo, and Simplex payment gateways. Select Buy Crypto > [Third Party] in the top navigation bar, then select a fiat currency to place your Polygon order.
player.png
How to buy crypto on Bitget P2P
Buy Polygon with your Bitget account fiat balance: You can Deposit fiat funds with Advcash, SEPA, Faster Payments, or PIX payment gateways to top up your Bitget fiat balance. Then, click Buy Crypto > [Cash conversion] in the top navigation bar to place your Polygon order.
Zero-fee P2P trading: With Bitget P2P, you can buy crypto with over 100 payment methods, including bank transfer, cash, and e-wallets like Payeer, Zelle, Perfect Money, Advcash, and Wise. Just place an order, pay the seller, and you'll get your crypto. Enjoy secured transactions using escrow.

Step 4:Monitor Polygon in your Bitget spot account

If you've chosen to purchase Polygon on Bitget, your Polygon will be instantly credited to your Bitget spot account upon payment completion. You can click Assets located on the top right corner of the page to check your assets. Additionally, you can buy, deposit, convert, trade, and withdraw them.
Check your Assets
Check your assets

Alternative methods to obtain Polygon

In addition to purchasing Polygon directly, there are numerous other ways to obtain Polygon.

Convert crypto to Polygon with Bitget Convert

Bitget Convert offers a secure, swift, and zero transaction fee method to convert crypto to Polygon. Just choose your available crypto assets, specify the amount for the Polygon swap, confirm, and check Polygon instantly credited to your spot account. Ensure sufficient account balance before proceeding with the conversion.
Bitget Convert Preview
Bitget Convert preview

Swap on-chain assets to Polygon with Bitget Swap

Unlike buying or selling crypto, swapping does not access traditional financial rails since fiat currencies are not involved. Bitget Swap supports over 250,000 cryptocurrencies on 30 major blockchains including Ethereum, Polygon, and Solana. You can exchange any other crypto to Polygon anytime, anywhere, including cross-chain transactions. Transaction gas fees are automatically converted.
Click Trade > [Bitget Swap] in the top navigation bar to swap any other cryptocurrency for Polygon.

Methods to obtain Polygon for free

Using real money to buy Polygon is not the only way to obtainPolygon. If you have the time to allocate, you can get Polygon for free.
Learn how to earn Polygon for free through the Learn2Earn promotion
Earn free Polygon by inviting friends to join Bitget's Assist2Earn promotion
Receive free Polygon airdrops by joining On-going challenges and promotions
All crypto airdrops and rewards can be converted to Polygon through Bitget Convert, Bitget Swap, or Spot Trading.
Note: Want to keep tabs on coin prices? Visit our Coin prices directory or Polygon Price Page and bookmark them to stay updated!
Polygon
Polygon Price Now:
MATIC / USDT
$0.72
0.00
+0.48%24H
The live Polygon price today is $0.72 USD with a 24-hour trading volume of $8821679.04 USD. We update our MATIC to USD price in realtime. MATIC is 0.48% in the last 24 hours.
Are you planning to buy MATIC?
See if other users are buying MATIC:
Yes
No
welcom-login.png
A welcome pack of 1000 USDT for new Bitgetters!
arrow-right.png

How to buy Polygon in other countries?

You can easily buy Polygon (Polygon) with the lowest fees and highest security wherever Bitget is available. Select your country in the search box below to start buying Polygon in your preferred location:
This information is manually updated. If you come across any inaccuracies, please inform us at mail@bitget.com. Last checked on 2024-05-25.

Trade smarter

A welcome pack of 1000 USDT for new Bitgetters!

What can you do with Polygon?

Now that you've secured your share of the digital revolution, it's time to take the next steps. Whether you're a seasoned investor or just starting out, explore our advanced trading features, like margin trading and futures trading, to amplify your potential returns. Keep an eye on the market through our intuitive interface and real-time charts, helping you seize opportunities as they arise. Consider staying ahead of market trends with Bitget's insightful educational resources, providing you with the knowledge you need to make informed trading decisions. Your crypto journey has just begun. With Bitget, you're positioned to navigate the exciting world of cryptocurrencies with confidence. And remember, our dedicated customer support team is here to assist you on your journey, addressing any queries you might have.
store.png

Store/Hold Polygon

Many users hold on to their Polygon with the expectation of it increasing in value. You can store your MATIC safely on your Bitget account or on our crypto wallet app BG Wallet, the most user-friendly and secure mobile wallet.

sell.png

Trade Polygon

You can trade Polygon for 150+ cryptocurrencies on Bitget’s industry-leading, fast, and secure trading platform. Bitget offers many trading pairs for Polygon trading to meet your needs.

trade2.png

Send Polygon

Yes, Bitget allows you to easily transfer value around the world, fast. You can buy Polygon online and send to anyone and anywhere with their Polygon address.

send.png

Spend Polygon

You can also buy goods and services with your Polygon. More and more vendors and retailers accept Polygon every day.

earn.png

Donate Polygon

Bitget Charity accepts Polygon donations for global projects that aim to improve the lives of people in the bottom billion. You can donate Polygon so no one misses out on the growth made possible by blockchain.

learn.png

Learn More About Polygon

You can read more in-depth articles on Polygon from Bitget Research and study how cryptocurrencies like Polygon work on Bitget Academy

Market stats to assist in determining optimal times for purchasing Polygon

Maybe you just need to know more about it. Let us briefly guide you through the most interesting Polygon facts from our Bitget Academy articles. Learn why people buy Polygon today!

What Is Polygon (MATIC)?

As one of the most popular chains, Ethereum has been a prosperous ecosystem, providing different money-making opportunities like Decentralized finance (DeFi), Decentralized autonomous organizations (DAOs), Decentralized applications (Dapps), Game-Fi, Move-to-Earn (M2E), Non-fungible tokens (NFTs). Thanks to Ethereum, the use case of blockchain has been expanded tremendously. However, as more users come to Ethereum, the network faces the problem of scalability. Gas fees become expensive, and transactions get slower. A cheaper and faster solution to the problem of Ethereum is Polygon.

Polygon (previously Matic Network) is a layer 2 solution for Ethereum. As stated in their whitepaper, Polygon (MATIC) comes to solve the scalability and usability issues, while not compromising on decentralization and leveraging the existing developer community and ecosystem, and it has successfully enhanced the Ethereum ecosystem by increasing the transaction speed and lowering gas fees. It makes Ethereum become more sustainable. Using Polygon, one can create Optimistic Rollup chains, ZK Rollup chains, standalone chains, or any other kind of infrastructure required by the developers. 

Polygon (MATIC)’s Founders

Jaynti Kanani: Co-founder and Chief Executive Officer. Contributor to Web3, Plasma, and WalletConnect. Previously data scientist at Housing.com.

Anurag Arjun: Co-founder and Chief Product Officer. Previously AVP (Product Management), IRIS Business. Stints at SNL Financial, Dexter Consultancy, and Cognizant Tech.

Sandeep Nailwal: Co-founder and Chief Operating Officer. Blockchain Programmer and Entrepreneur. Previously CEO of Scopeweaver, CTO of (Ecommerce) Welspun Group.

How Polygon (MATIC) Works


Currently, the Ethereum network is facing the following two challenges:

(1) Low transaction speed: Only 30 transactions available per second

(2) High gas fee: As there’s only 30 transactions available per second, if you want your transactions to process quickly, you have to pay a higher gas fee. 


Polygon is a PoS (Proof-of-Stake) - based chain that acts as a Layer-2 solution for Ethereum. A Layer-2, also known as "sidechain", is a separate blockchain that inherits the security and decentralization guarantees of the Layer 1 (original chain) while extending the Layer 1. The Layer 2 processes transactions off the Layer 1 and submits them back to Layer 1 in groups for verification using rollups. This allows both users and developers to evade the two scalability problems of Layer 1 while taking advantage of its robust security. 


MATIC, the native utility token of Polygon, is a major component of the network’s ecosystem, and is designed to be used for network security, paying gas fees, staking, and governance on the network. MATIC Token will be issued as ERC-20 standard-compliant digital tokens on the Ethereum blockchain. 


Even though Polygon is among the most widely used blockchains just by being a Layer-2 solution for Ethereum, the team has plans to expand beyond Ethereum. Mass adoption of blockchain requires highly secure, decentralized, and immutable infrastructure, which is a challenge that Polygon hopes to address and pioneer in the future.

How Many MATIC Tokens Are in Circulation?


MATIC tokens are released on a monthly basis. MATIC currently has a circulating supply of 4,877,830,774 MATIC tokens and a max supply of 10,000,000,000 MATIC tokens. 


The remaining MATIC tokens are distributed as follows:

  • Team tokens: 16 percent of the total supply.
  • Advisors tokens: 4 percent of the total supply.
  • Network Operations tokens: 12 percent of the total supply.
  • Foundation tokens: 21.86 percent of the total supply.
  • Ecosystem tokens: 23.33 percent of the total supply. 

According to the release schedule, all the tokens will be released by December 2022.

How to Buy Polygon (MATIC)


Consider investing in Polygon (MATIC)? It only takes 2 minutes to create an account on Bitget and start trading MATIC.  

Check out the available MATIC trading pairs on Bitget! 

Futures market

MATICUSDT 

Spot market

MATIC/USDT


MATIC/USDC

Related Polygon (MATIC) Pages

Whitepaper

Official Website

How to safely store your Polygon

Many investors opt to hold onto their Polygon for long-term investment. Safeguard your Polygon with confidence using the Bitget Wallet, known for its industry-leading security and risk control, backed by Suntwin Technology, Qingsong Cloud Security, HEAP, and Armors. Sign up now to enjoy the perks of owning a Polygon wallet at Bitget.

How to withdraw Polygon with Bitget's hassle-free withdrawal process

Using an exchange is one of the most convenient methods to cash out your Polygon or other crypto, and Bitget stands out as an excellent choice. With its user-friendly Buy/Sell buttons, Bitget simplifies the experience, allowing you to intuitively select the cryptocurrency you want to sell and specify the sell amount.
When it comes to withdrawing the Polygon you've acquired, Bitget offers a seamless experience. Enjoy competitive fees, a flexible minimum withdrawal threshold, and lightning-fast delivery times within 24 hours, ensuring your is readily available for you.
hand-coin.png

How to buy Polygon(MATIC) Guide

FAQ
How do I purchase Polygon?
Nowadays, you can purchase and store Polygon hassle-free on a CEX like Bitget. You can use your debit/credit card, bank transfer, or perform peer-to-peer trading to buy Polygon. You can easily do it on your computer, tablet, iOS, or Android.
Can I buy US$1 worth of Polygon?
In theory, Polygon can be divided and bought in an amount that is worth US$1, but on Bitget, the minimum order amount on the spot market is limited to US$5.
Can I buy US$10 of Polygon?
Yes, can be divided and bought in an amount that is worth US$10. On Bitget, the minimum order amount on the spot market is limited to US$5.
Where else can I buy Polygon?
If a token is not available for purchase via the P2P market or debit/credit card. You can place a buy order for it via the spot market.
Where is the best place to buy Polygon?
The best place to buy Polygon is the exchange that provides hassle-free and secure transactions combined with a convenient interface and high liquidity. Millions of users every day choose Bitget as a trusted crypto purchase platform.
Should I buy Polygon right now?
You should make a decision on purchasing or investing in Polygon or other tokens after performing your own research and analysis. Bitget provides user-friendly crypto trading and purchasing services. Additional resources such as Bitget Academy and Bitget Insights help users to navigate the current market news and trends.
Cryptocurrency investment activities, including actions done to buy Polygon online via Bitget, are subject to market risk. Bitget provides easy and convenient ways for you to buy Polygon instantly, and we put our best efforts to fully inform our users about each and every cryptocurrency we offer on the exchange, but we are not responsible for the results that may arise from your Polygon purchase. This page and any information in it is not meant to be interpreted as an endorsement of any particular cryptocurrency or method of acquiring it.