The 5 Best Ways To Buy Polygon (MATIC) In 2023

How Do I Invest In Polygon (MATIC)?

Last Updated December 28th 2022

17 Min Read

Polygon introduced a highly scalable blockchain technology into the saturated market of crypto projects in 2017.

In this article, Trading Education would share our top 5 best ways to buy Polygon (MATIC) in 2023. This will help you know the pros and cons of the best exchanges to buy Polygon. In the end, you would also get to learn essential factors you need to look out for that will help you in your quest to know the best cryptocurrency exchanges for Polygon (MATIC).

Polygon is one of the most patronized blockchains in the crypto finance space today. In addition to this, Polygon continues to form partnerships that enable faster and cheaper transactions for their clients.

Such traction in the online financial portals has increased the popularity of the chain as well as its native asset, MATIC.

As of February 2023, there are more than 70 cryptocurrency exchanges that list MATIC for trading. This has made the token highly accessible. This is the primary reason why it continues to record at least $600 million in daily trading volume since 1st January 2023.

The increasing demand for the token has made Polygon (MATIC) a large-cap digital asset (has more than $10 billion in market capitalization) as well as a top 20 digital asset.

Such interest has in the token has led millions of potential traders and investors to ask questions such as how do I buy Polygon (MATIC), and where can I buy MATIC coin?

The truth is, finding the best cryptocurrency exchange for Polygon is very easy. By patiently going through this article in its entirety, you will discover the best ways to buy MATIC coin.

TABLE OF CONTENTS:

Best 5 Exchanges To Buy Polygon (MATIC)
Introduction To The Crypto World Of Polygon And MATIC
Polygon (MATIC) Comparison Of Payment Methods
The Cheapest Place To Buy Polygon (MATIC)
The Safest Way To Buy Polygon (MATIC)
The Easiest Way To Buy Polygon (MATIC)
The Fastest Way To Buy Polygon (MATIC)
How Do I Buy Polygon (MATIC) Near Me?
Best Ways To Buy Polygon (MATIC) Anonymously
Best Ways To Buy Polygon (MATIC) With PayPal
Best Ways To Buy Polygon (MATIC) With Credit/Debit Card
Best Ways To Buy Polygon (MATIC) With Your Bank Account
See You On The Other Side!

Best 5 Exchanges To Buy Polygon (MATIC)

All the experts at Trading Education have extensive experience in the use of cryptocurrency exchanges to buy Polygon’s native token MATIC.

Throughout our journeys, we came across relevant factors such as reputation, geographical restriction, customer service, speed, liquidity, insurance, limits, security, ease of use, regulatory compliance, payment methods, fees, and anonymity.

These are essential factors you should always consider before choosing an exchange to buy Polygon (MATIC) in 2023.

After doing a thorough study of the more than 70 exchanges that support MATIC, we settled on the best exchanges to buy MATIC based on regulation, speed, and liquidity.

These are exchanges we have tried and tested which we have recommended to millions of our readers, traders, and investors.

The sum of our cumulative knowledge resulted in these exchanges. The winners are Binance, OKX, CoinbasePro, eToro, and other Honorable Mentions.

1. Binance

As the largest cryptocurrency exchange by daily volume, Binance Exchange was created by Chanpeng Zhao in 2017.

This is an exchange that allows users to trade hundreds of cryptocurrencies.

As of February 2023, Binance continues to lead the charts of biggest exchanges by liquidity with the most recent statistics coming through on 8th February 2023. The exchange recorded an impressive $24.06 billion to close out the day.

Present in more than 180 countries and regions, Binance continues to serve more than 15million users globally.

MATICs top market on Binance is the crypto pairing of MATIC/USDT which recorded a volume of $90.37 million in the last 24 hours up to the time of writing.

Such extensive reach is the primary reason why sceptics of the crypto finance space continue to ask questions such as can I buy MATIC on Binance, does Binance list MATIC, does Binance support MATIC, and when did Binance list Polygon’s MATIC for trading?

Binance supports the trading of MATIC. Before you decide to invest in the native asset that oversees transactions on the Polygon Network, it would be in your interest to get to know the pros and cons of investing in MATIC through Binance.

Pros of Binance:

✅ Supports 316 cryptocurrencies, as per statistics retrieved from Coin Ranking.

✅ Records billions of dollars in daily trading volume ($10.38 billion recorded in the last 24 hours up to the time of writing).

✅ Supports a range of payment methods such as credit/debit cards in addition to direct crypto deposits through supported wallets such as TrustWallet.

✅ Supports 1,229 markets, as of Monday, 14th February 2023.

✅ Has high support for crypto pairings (approximately 500).

✅ Has one of the best low trading fees in the space.

✅ Highly regulated and has the necessary licenses of operation in several countries.

✅ Highly secure exchange.

✅ A highly accessible exchange that can be found on the web and the stores across Apple and Google.

✅ Offers a chance for passive income in the form of staking.

Cons of Binance:

❌ A highly sophisticated exchange makes it difficult for novice traders to have a first glance understanding.

❌ Can not be accessed by all residents of the United States.

❌ Does not support mainstream payment wallets such as Skrill, PayPal, Neteller, and others.

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

2. eToro

As one of the oldest exchanges in the digital finance space, eToro is a multi-asset exchange that allows users to trade and invest in stocks, ETFs, commodities, indices, and currencies.

Founded in 2007, eToro decided to take advantage of the boom in cryptocurrencies and offered support for the trading of digital tokens in 2014.

With millions of users at the disposal of the exchange, volume for crypto has risen steadily over the years.

This is why many traders ask questions such as what cryptocurrencies does eToro support?

For those who want to trade Polygon’s MATIC, these questions have been trending online.

Among others are does eToro have MATIC, can I buy Polygon’s MATIC on eToro, how to buy MATIC on eToro, is Polygon (MATIC) on eToro, and when did eToro add support for MATIC?

eToro added support for MATIC on 21st June 2021.

Therefore, you can buy MATIC and see where it would take you as per your investment goals.

In answering the question with regards to how to buy MATIC on eToro, follow the process below.

First and foremost, you must register for an account on eToro.

It’s a very simple process. Input legal details of your full name, phone number, residential, and email address.

Kindly note that your phone number and email address will be verified first as part of Knowing Your Customer.

After this, representatives of eToro will request you to upload government-issued identification cards to confirm your identity.

Aside from this, you will be required to upload not more than six (6) month-old bank or credit card statements to help verify your residence.

After you have done this, you can deposit funds through a range of supported payment methods.

You can then head to the MATIC page on eToro.

On this page, you can buy any amount of MATIC, and your processed transaction will be added to your portfolio of investments.

Before you invest any amount of money into MATIC, kindly assess the pros and cons of eToro.

Pros of eToro:

✅ Well-established multi-asset exchange with 15 years of experience.

✅ MATIC copy trading is available for novices who want to know the future price patterns of the cryptocurrency.

✅ One of the largest exchanges by daily trading volume.

✅ Provides a demo or virtual account with $10,000 in trial funds to help a novice learn how to manage risk in the volatile world of digital tokens.

✅ Well-regulated exchange with offices in the United Kingdom, Israel, and Cyprus among others.

✅ Lists many payment methods such as bank wire transfer, credit/debit cards (Maestro, MasterCard, and VISA), and PayPal, Skrill, Neteller, Rapid Transfer, and iDEAL among others).

✅ Charge $0 as fees for deposits of all forms.

✅ Supports more than 100 countries.

✅ A highly accessible exchange that can be found on modern smartphone applications as well as the World Wide Web.

Cons of eToro:

❌ Slow customer service response time.

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

3. Coinbase Pro

Launched in 2015, Coinbase Pro was formerly known as GDAX.

The exchange has a vision of offering advanced traders the ability to trade multiple cryptocurrencies on a secure and insurance-backed platform.

Coinbase Pro is one of the largest cryptocurrency exchanges by daily trading volume.

As of writing, the exchange had recorded $2.35 billion.

Aside from that, the platform featured strongly in Statista’s February report on the biggest cryptocurrency exchanges by daily volume.

On 8th February 2023, Coinbase Pro recorded more than $5 billion in volume.

MATIC is strongly involved in the top 5 markets on the exchange with MATIC/USD recording $54.26million.

It is not surprising to come across web searches such as is MATIC listed on Coinbase Pro, does Coinbase Pro support Polygon’s MATIC, and when did Coinbase Pro list Polygon (MATIC) for trading?

Coinbase Pro supports MATIC but before you invest in MATIC through this exchange, you should do a thorough analysis of its pros and cons.

Pros of Coinbase Pro:

✅ Well Regulated Exchange from the United States of America.

✅ Supports 122 cryptocurrencies, as of Monday, 14th February 2023.

✅ High Volume Exchange which continues to record billions of dollars daily.

✅ Supports 364 markets.

✅ Can be accessed in three ways (World Wide Web, Android, and iOS-powered smartphones, pads, and tablets).

✅ Advanced trading feature available.

✅ The User-Interface is simple and caters to the needs of beginners.

✅ Users can receive commissions through referrals.

✅ Payment Methods Supported (Google Pay, Apple Pay, PayPal, debit card, and bank wire transfer).

✅ Strong security features such as multi-factor authentication.

✅ Has one of the relatively lower fees in the space.

Cons of Coinbase Pro:

❌ NOT decentralized.

❌ The 122 coins are smaller than competing exchanges (the platform has limited crypto-to-crypto pairings).

❌ Has a bad reputation when it comes to addressing the needs of customers.

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

4. OKX

As part of a rebranding, OKEX became OKX in January 2023 after its formation in 2017.

The exchange has the aim of providing a reliable, stable, and safe environment for the trading of digital assets.

OKX holds the belief that in the long term, blockchain technology will increase the efficiency of transactions across society which will ultimately have a significant impact on the world economy.

OKX has recorded $3.31 billion in the last 24 hours up to the time of writing and this certifies the exchange as a top10 by daily trading volume. In addition to this, MATIC placed 15th in the top markets on OKX.

Let us analyze the pros and cons of buying Polygon’s MATIC with OKX.

Pros of OKX:

✅ Supports 267 cryptocurrencies, as of Monday, 14th February 2023.

✅ Highly Liquid Exchange (continues to record at least $1 billion in volume daily).

✅ Supports 462 markets.

✅ Supports more than 100 countries.

✅ Secure Exchange with bank-level SSL encryption and cold storage.

✅ Multiple payment methods.

✅ Can be accessed through multiple channels.

✅ Customer Support is rated highly.

✅ Several trading pairs are supported.

✅ Among exchanges with the lowest trading fees.

✅ Highly regulated as they prioritize Knowing Your Customer (KYC), Anti-money laundering (AML) that helps in Countering Terrorism Financing (CTF).

Cons of OKX:

❌ Residents of the United States CAN NOT access the exchange.

❌ NO demo account for novice and beginner practice.

5. Honorable Mentions

Aside from the exchanges pointed out, the following are also the best exchanges to buy Polygon (MATIC) in 2023.

They are Upbit, KuCoin, DigiFinex, Huobi Global, FTX, BitMart, Bybit, AAX, Gate.io, Crypto.com, Kraken, Changelly PRO, Bithumb, Uniswap V3, Bitfinex, Bitvavo, and CEX.IO.

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Introduction To The Crypto World Of Polygon And MATIC

Polygon has become the go-to blockchain for numerous existing and upcoming developers who have applications in the decentralized finance space.

With that said, Polygon is not the only chain in this space.

There are more than 17,500 projects in the crypto finance today as of February 2023.

This means that you may be alien to all the areas of crypto.

As a result, Trading Education has taken it upon ourselves to let you know that there are other areas of this space.

Some of them are blockchain technology, centralized and decentralized exchanges, non-fungible tokens, central bank digital currency, crypto wallets, decentralized finance, and decentralized protocols and applications (DAPPS).

There are more terminologies you would be coming across aside from these. It would be in your best interest to get to know their meaning and the roles they play in the space.

More than 17,000 tokens continue to trade on cryptocurrency exchanges daily. As you can see, aside from Polygon’s MATIC, there are others such as Algorand (ALGO), Cosmos (ATOM), The Graph (GRT), Internet Computer (ICP), and Cardano (ADA) among others.
Divisibility is one of the major attributes of MATIC and other crypto tokens. MATIC can be divided into 8 decimal points (1.00000000). In case you are unable to buy a whole MATIC coin, you can buy fractions. A great example can be attributed to buying MATIC at $1 when it trades for $1.16. In such a situation, you can buy approximately 0.86206896 MATIC.
Polygon was built using blockchain technology. This technology plays an invaluable role in the creation, distribution, trading, and storing of MATIC.
Exchanges such as eToro and Binance are independent platforms that were created to help users exchange fiat money such as USD for cryptocurrencies as well as direct crypto for crypto.
Wallets that support Polygon (MATIC) such as Ledger Nano S/X, Trezor, SafePal S1, Atomic Wallet, TrustWallet Mobile Wallet, MetaMask, and Exodus Wallet are software that facilitates access to the Polygon blockchain. They help in the transfer and storing of MATIC tokens from one person to the other.

You will come across different sets of crypto terms as you find the best ways to buy Polygon.

In no time, you will realize that your preferences, and more importantly geographical location play an invaluable role in answering questions such as where can I buy Polygon (MATIC) and how to buy Polygon (MATIC)?

Don't Miss: Polygon Price Predictions

Polygon (MATIC) Comparison Of Payment Methods

We do not have a single payment method when it comes to buying Polygon. The payment methods include;

Credit/Debit Card ― According to many experts, investing in Polygon using this method is extremely easy and fast.

PayPal ―Since this company does not charge any amount for deposits, many people believe PayPal is one of the easiest ways to deposit money for the purchase of Polygon’s MATIC.

Cash ―This is the only way you can buy Polygon anonymously, preferably by joining an investment pool if you want to maintain anonymity.

Bank ― Charges relatively lower fees for depositing. This is quite slow but worth the time and effort of using it to buy Polygon.

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

The Cheapest Place To Buy Polygon (MATIC)

eToro is the cheapest place to buy Polygon. The platform was chosen because they allow users to deposit without fees. Therefore, you can upload $100 and buy $100 worth of MATIC.

The Safest Way To Buy Polygon (MATIC)

The safest ways to buy Polygon are ground in security, regulation, speed, and liquidity. eToro meets these requirements. More essentially, the exchange has operated for years without being mired in any regulatory problems worldwide.

The Easiest Way To Buy Polygon (MATIC)

eToro is the easiest way to buy Polygon (MATIC). The exchange is highly accessible. Aside from that, they have an easy-to-navigate dashboard. Therefore, if you are a verified customer, you can buy Polygon (MATIC) within seconds.

The Fastest Way To Buy Polygon (MATIC)

With payment methods such as PayPal, bank cards, and bank transfers at $0 deposit fees, if you are a fully verified account holder, eToro is the fastest way to buy Polygon in 2023. You can buy any amount of MATIC tokens and within seconds, it would show up in your portfolio.

How Do I Buy Polygon (MATIC) Near Me?

Unfortunately, Polygon’s MATIC is not among the major Altcoins such as Cardano, Tron, and Binance coin.

As of 2023, there are bitcoin ATMs globally that serve the needs of crypto enthusiasts.

Unfortunately, there aren’t any Polygon ATMs available in this world. Therefore, the only way to find MATIC near you is to have an active balance on your credit card or PayPal wallet.

With an eToro, Binance, CoinbasePro, or OKX app, you can find MATIC within seconds and buy the tokens on your phone.

Check Out: 15 Reasons Why You Should Invest In Polygon

Best Ways To Buy Polygon (MATIC) Anonymously

As of 2023, cash remains the only way financial transactions can remain private since it cannot be traced.

There are several legitimate asset management firms around the world. Do thorough research and invest in Polygon through one of them.

Once that happens, you NOT only remain anonymous but share losses as well as rewards.

Best Ways To Buy Polygon (MATIC) With PayPal

As per the findings presented, the best ways to buy Polygon with PayPal are eToro and CoinbasePro.

Best Ways To Buy Polygon (MATIC) With Credit/Debit Card

eToro and CoinbasePro are the best ways to buy Polygon (MATIC) with credit and debit cards.

Aside from the two, fully verified Skrill wallet holders can buy Polygon on Skrill’s Crypto Page.

Within seconds, a crypto portfolio will be open for you which will keep track of your investment holdings.

Best Ways To Buy Polygon (MATIC) With Your Bank Account

eToro is the best way to buy Polygon with your bank account if you prefer an exchange. If you do not trust exchanges, you can trust Skrill.

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

See You On The Other Side!

If you are reading this, then it means you have been able to go through the entirety of this article.

Always remember that the only way you can continue to keep tabs on the blockchain technology and decentralized finance sector is to have a stake in them.

This way, you would realize that aside from buying MATIC tokens, there are several other ways you can make huge sums of money in the form of consistent passive income.