Polygon (MATIC) a cryptocurrency based on the polygon, is currently attracting significant interest in the crypto market. As the Polygon ecosystem expands, it has established a notable presence within the polygon-ecosystem sector. More and more people are becoming interested in Polygon. They wish to invest or purchase Polygon (MATIC), but may not know how to get started. Here, we will guide you through all the information you need to know about purchasing Polygon. Regardless of your location, Bitrue can provide you with a simple and secure way to buy MATIC.
Where and how to buy Polygon
When it comes to purchasing Polygon (MATIC), users may focus on various factors, such as cryptographic wallets, on-chain protocols, and other complex operations. Fortunately, Bitrue exchange allows you to buy Polygon in a simple and quick manner. Just register through the official website or app, verify your identity, set up your payment methods (such as credit cards/debit cards/bank transfers), or deposit cryptocurrencies to your Bitrue wallet for spot trading. The purchased MATIC will be stored in your crypto wallet account to ensure asset security. Below is a step-by-step guide on how to buy Polygon (MATIC) through Bitrue.
Alternative methods to acquire Polygon
Apart from directly buying Polygon (MATIC), what are the alternative methods to acquire Polygon ?
Fixed Auto-Investment in MATIC
Regularly invest a fixed amount at scheduled intervals in Polygon (MATIC) digital assets, enjoying both short-term returns and long-term benefits.
Staking MATIC
Flexible staking of Polygon (MATIC) digital assets to earn interest or high returns in other cryptocurrencies.
POS Mining
Holders acquire the right to validate nodes by locking a certain amount of Polygon (MATIC). Elected nodes are responsible for generating new blocks and confirming transactions, receiving rewards typically in the form of newly issued tokens (or MATIC) and on-chain transaction fees.
Get Polygon (MATIC) for free
If you have enough time, you can obtain Polygon for free through the following methods:
- Invite friends to join the Bitrue coupon event and earn free Polygon (MATIC).
- Join the Bitrue Rewards Center, participate in ongoing challenges and airdrops to receive free Polygon.
- All cryptocurrency airdrops and rewards can be exchanged for MATIC through coin-to-coin exchange or spot trading.
How to keep your Polygon safe and secure
Once you have purchased Polygon, it is crucial to store it in a secure location. Bitrue is a secure, transparent, technologically stable, and user-friendly cryptocurrency exchange. Bitrue allows you to store Polygon and other digital assets in the encrypted wallet of your platform account, enabling you to trade, deposit, and withdraw anytime, anywhere.
If you are highly familiar with operating on-chain Polygon wallets, you also have the option to store Polygon (MATIC) separately in a personal encrypted wallet. This wallet serves to keep your Polygon secure and accessible, allowing you to send and receive it while maintaining control.
To ensure the security of your Polygon, consider the following types of encrypted wallets:
- Mobile Wallets: Store your private key in an application on your smartphone.
- Web Wallets: Third-party-controlled online servers that store your private key.
- Desktop Wallets: Computer programs that allow you to store your private key on a hard drive.
- Hardware Wallets: Physical devices for offline storage of private keys.
Note: Cryptocurrency wallets do not technically store your Polygon encrypted assets. Instead, the assets remain on the blockchain, and access is granted using the digital private keys stored in the wallet.
FAQ About Buy Crypto
What is Polygon?
Matic Network describes itself as is a Layer 2 scaling solution that uses sidechains for off-chain computation while ensuring asset security using the Plasma framework and a decentralized network of Proof-of-Stake (PoS) validators. Matic aims to be the de-facto platform on which developers will deploy and run decentralized applications in a secure and decentralized manner.
Matic Network claims to have worked on implementations of Plasma MVP (Minimum Viable Plasma), WalletConnect protocol, and the Ethereum event notification engine - Dagger. Matic intends to provide Matic wallet, payment APIs and SDKs, products and other solutions that will allow developers to design, implement, and migrate DApps built on platforms like Ethereum. Matic plans to support other blockchains in the future to offer interoperability alongside scalability to existing public blockchains.
Why are people buying Polygon?
People buy Polygon for various reasons. Some view it as an investment, expecting its value to increase, while others appreciate its decentralization and anonymity, seeking to avoid restrictions of traditional financial systems. Additionally, Polygon serves as a digital asset with transactions independent of central authorities. Overall, motivations for purchasing Polygon include investment, risk diversification, and trust in new digital assets.
Should I buy Polygon?
Deciding whether to buy Polygon depends on individual financial goals, risk tolerance, and understanding of the digital asset market. Polygon investments involve market volatility and risks, so it's advisable to thoroughly understand its characteristics and market conditions before purchasing. If you have investment experience, can withstand price fluctuations, and are willing to accept potential losses, buying Polygon (MATIC) may be a suitable investment choice. However, remember that all investments come with risks.
How much does it cost to buy 10 MATIC?
To purchase 10 MATIC, the cost in USD would be $6.998.
What are the fees for buying Polygon?
Bitrue offers the lowest fees across all cryptocurrencies. Check the fee rates for all cryptocurrencies
here.
How to use Apple Pay to buy MATIC?
Currently, Bitrue does not support purchasing MATIC or adding fiat currency using Apple Pay.
How to use Google Pay to buy MATIC?
Currently, Bitrue does not support purchasing MATIC or adding fiat currency using Google Pay.
How to use Paypal to buy MATIC?
Currently, Bitrue does not support purchasing MATIC or adding fiat currency using Paypal.
How to sell my Polygon?
If your Bitrue wallet does not hold Polygon, you need to deposit MATIC into your Bitrue account. If you already have MATIC, log in to your trading platform account, find the Sell option, usually located on the OTC or market trading page. Enter the quantity of MATIC you want to sell, select the selling price, confirm the sell order, and once your MATIC is successfully sold, you can withdraw funds to your set bank account or other payment methods.
Can I purchase Polygon (MATIC) worth 1 US dollar?
In theory, Polygon (MATIC) can be divided into many units of 1 US dollar each, but on Bitrue, the minimum order amount for MATIC is 10 US dollars.
Disclaimer
Cryptocurrency markets are highly volatile and can experience rapid price fluctuations. You are solely responsible for your investment decisions and Bitrue is not liable for any losses you may incur. We rely on third-party sources for price and other data related to the cryptocurrencies listed above, and we are not responsible for its reliability or accuracy. The information provided on this platform and any associated materials are for informational purposes only and should not be considered as financial or investment advice.