Where to Buy Polygon in 2022 - Best Crypto Exchanges for MATIC

Polygon, previously known as the Matic Network, is a scaling solution that seeks to give various tools to improve the speed, lower the cost, and simplify transactions on blockchain networks. At the core of Polygon’s idea is Ethereum, a platform that houses a variety of decentralized applications, including those that allow you to join virtual worlds, play games, buy art, and participate in a variety of financial activities.

However, Ethereum’s blockchain activity has rendered it nearly unworkable, as transmission costs are growing and traffic is becoming choked. Polygon bills itself as a layer-2 network, an add-on coating to ETH that does not change the original blockchain layer. Like its geometric namesake, Polygon has numerous sides, shapes, and applications, and it promises a simpler structure for developing interconnected networks.

Polygon aims to assist ETH in growing in size, security, efficiency, and utility and encourage developers to bring appealing products to market faster. After the rebranding, Polygon kept its MATIC cryptocurrency, the digital coin that powers the network. MATIC is utilized as a payment and settlement unit amongst network participants.

How to Buy Polygon Crypto – Quick Guide

Select a Polygon exchange – we recommend eToro because it is regulated by the FCA, ASIC, and CySEC.
Make an eToro trading account and authenticate it.
You can fund your account using a bank transfer, a credit card, PayPal, or another way.
Select ‘Polygon’ from the drop-down menu to view the chart and open trades.
Click ‘Trade,’ then enter the amount of Polygon you want to buy.