Buy Polygon 2025 Guide: How to invest, hold and sell

If security is your top concern, you can withdraw your Polygon (MATIC) to a non-custodial wallet. Storing Polygon (MATIC) in a non-custodial or self-custodial wallet grants you complete control over your private keys. You can use any type of wallet, including hardware wallets, Web3 wallets, or paper wallets. Note that this option may be less convenient if you wish to trade your Polygon (MATIC) frequently or put your assets to work.

Better still, hardware wallets such as the Ledger Nano S provide even more security. Bybit’s “One-Click Buy” feature makes it easy to purchase cryptocurrencies like BTC, ETH, and now POL. With this convenient tool, you can quickly buy or sell digital assets using fiat through options like bank cards, third-party payment services, or your existing account balance.

• In 2021, it became one of the most profitable crypto assets, with gains of about 14,000% in the first half of the year.
• There are numerous ways to buy Polygon on the Binance exchange, and it all comes down to your preference.
• Buyers aren’t just receiving tokens; they also get Advanced NFT rewards, a global VISA card for seamless spending, and access to a staking system that can generate up to 90% APY in BFX and USDT.
• As a Web3 marketing strategist and former CMO of DuckDAO, Zoran Spirkovski translates complex crypto concepts into compelling narratives that drive growth.

Just be sure to improve your account security by enabling two-factor authentication, using a strong and unique password, and keeping your devices protected from malware and phishing scams. For users holding MATIC on the Polygon PoS chain, the upgrade was automatic and required no action. You may need to complete identity verification, depending on the provider and your location. Visit the official Kraken website and sign up with your email address.

This is best placed when you are expecting the price of Polygon to rise in the future – so that you can issue a sell order to cash out your investment at a profit. In comparison, on eToro, the only such fee you will encounter is the exchange rate of 0.5% if you fund your account using a currency other than USD. However, today there are a few reputed brokerage platforms like eToro that allow you to buy Polygon without paying any commission at all. After all, before buying Polygon, you will be required to fund your trading account.

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Trade

Whereas software wallets are free, hardware wallets are not, but they are more secure. MATIC is available on hundreds of centralized exchanges (CEXs), including several large ones such as Binance, Kucoin and Coinbase. CEXs allow you to buy MATIC with fiat currency from your bank or swap another cryptocurrency for it, although you will need to register with a government-approved ID first. For every transaction, whether you’re a maker or taker, a 0.1% fee applies. So, if you purchase $100 worth of $POL, you’ll only pay $0.10 in fees and receive $99.90 in tokens. Polygon enhances Ethereum’s scalability by improving transaction speed and reducing gas fees while maintaining high-level security.

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Create or import an existing crypto wallet address to store, send, and receive crypto and NFTs. Utilize secure wallets, implement strong security measures, and remain cautious of phishing attempts and potential threats to protect your Polygon holdings from unauthorized access. Polygon, with its innovative Layer 2 scaling solution and focus on improving scalability and usability, has gained significant popularity in the cryptocurrency market. If you’re interested in buying Polygon (MATIC) crypto, you’ve come to the right place. Polygon is an innovative blockchain network that aims to improve scalability and transaction speed for decentralized applications (dApps). With its growing popularity, many investors are looking to get their hands on some Polygon crypto.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 61% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

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It looks to solve core problems the Ethereum network has like low throughput, high gas fees, and reduced levels of sovereignty. Polygon advocates for a network of connected Ethereum-compatible blockchains to solve these issues; it is often dubbed as “Ethereum’s Internet of Blockchains”. Since launching 12 years ago, Bankless Times has brought unbiased news and leading comparison in the crypto & financial markets. Our articles and guides are based on high quality, fact checked research with our readers best interests at heart, and we seek to apply our vigorous journalistic standards to all of our efforts.

Step 1: Choose a Reliable Crypto Exchange

It would help if you had a valid identity and proof of address ready. Verification takes a couple of minutes to a few hours, depending on your location. Other exchanges where you can buy Polygon crypto include FTX, Huobi Global, KuCoin, Gate.io, FMFW.io, OKX, and ByBit. Not to worry, this guide will provide you with all of the information you need to make your first purchase as a beginner.

• Analysts forecast revenue growth from $30 million in 2025 to $1.8 billion by 2030.
• Polygon is a decentralized ecosystem and doesn’t have an owner per se.
• However, cryptocurrency markets are highly volatile and prices can fluctuate significantly.

Is it worth buying Polygon?

When ready, you can proceed to confirm your order, and the broker will carry it out as per your instructions. Once the purchase is complete, the Polygon coins you bought will be available for you to move to your private digital wallet. When you are clear on which investment plan you want to employ when buying Polygon, you can then proceed to create an account with your chosen broker. Another risk-averse strategy you can adopt is to place systematic Polygon investments instead of putting in all your money at once. In other words, you will be investing equal sums of money at regular intervals – no matter how the price of Polygon is fluctuating or how the wider crypto market is performing. In this case, you will want to store your Polygon coins until the price increases by twofold – compared to its value at the time of your investment.

When it comes to the best exchange where you can keep your MATIC crypto whale tracker xrp stored, it is hard to look past Crypto.com. This exchange is widely considered to be the safest crypto exchange in the world. With its military-grade protection layers and numerous insurance policies, you can rest assured that your tokens will be kept safe at any given moment. Crypto.com also has its own Debit Card which can be used to make purchases using cryptocurrencies such as MATIC.

Learn how to buy Polygon (MATIC) on 8+ crypto exchanges in our step-by-step guide.

Yes, you can store your Polygon on the exchange where you bought it, though it’s generally safer to transfer it to a private wallet. Yes, account verification is typically necessary to comply with security regulations and enable seamless transactions. You simply need to open an account, verify your credentials, and start trading. Or, you can always head over to a DEX like Uniswap to swap your USDT, ETH, or any other token for MATIC. Each Polygon smart contract gains its security posture via Ethereum-submitted checkpoints. Polygon’s multi-chain ecosystem, known as a sidechain ecosystem, uses the plasma framework to process Ethereum-centric transactions on these sidechains.

Once that is done we will simply need to wait before eToro confirms the verification. Buying Polygon (MATIC) through an exchange or a broker is fast and easy for beginners. When choosing a centralized exchange, make sure that it supports Polygon how to convert an android app to an ios app and vice versa (MATIC). Confirm that your selected exchange has solid security, liquidity, and a competitive fee structure.

The prover is not required to provide any what are cryptoassets additional information, other than the fact that the statement is true, ensuring a high level of privacy for all parties. The Polygon bridge, which you can find in the Polygon Wallet Suite, allows you to swap one of a large number of cryptocurrencies quickly and easily into MATIC at the going rate. Again, you’ll need to know which coins you can swap into MATIC before you start, and make sure you have them in a compatible wallet.