Polygon , formerly known as Matic Network , is a platform developed to build Ethereum blockchains .
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Polygon was designed by its developers to introduce Ethereum to the global population.
To achieve this, the platform was created to provide a very easy solution to cryptocurrency projects.
Thanks to this simplified process of using blockchain technology, the demand and interest for Ethereum and other cryptocurrencies have significantly increased.
Consisting of a collaborative blockchain ecosystem, Polygon is also known for its self-sovereignty.
In this article we will show you how to buy Polygon (MATIC) and where to buy it.
Contents Index
1 How to buy Polygon (MATIC): Quick guide
2 Polygon (MATIC): History
3 Features of Polygon (MATIC)
4 Where to buy Polygon (MATIC)
5 Best Authorized and Regulated Cryptocurrency Exchanges
6 Important things to know about the Polygon (MATIC)
7 Is Polygon (MATIC) a good investment?
How to buy Polygon (MATIC): Quick guide
Do you want to buy Polygon Matic without reading the full article? you can start now by following these simple steps.
Step 1: open an account with eToro
It is possible to use the secure cryptocurrency broker eToro to purchase Polygon Matic cryptocurrency, the regulated platform offers low commissions, fund safety, multiple deposit methods and a wide choice of investments to choose from. To get started, go to the eToro website and click .
How to open a Free Demo Account on eToro:
Click on Open a Free Demo Account ;
Fill out the form by entering: Username, E-mail and Password;
Are you ready to invest in online trading.
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Step 2: Upload ID
and Toro is a regulated broker, which means you will need to complete and submit an identification form. You need to upload a valid document such as an official ID card.
Step 3: Deposit Funds
You can fund your account with a minimum deposit, just go to “Deposit Funds” and select one of your preferred payment methods.
Step 4: Purchase Polygon Matic
Now you can buy Polygon Matic cryptocurrency by typing “MATIC” in the search bar.
Click on “Exchange” on the first result and enter the amount you wish to use to invest in the Polygon Matic token.
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Polygon (MATIC): History
After starting under the name of Matic Network, the project was renamed Polygon after the expansion of the project itself.
Originally the Matic network was developed as a Level 2 scaling solution before evolving into a collaborative, interactive and self-sustaining Ethereum blockchain network.
Polygon was founded by Sandeep Nailwal, Jaynti Kanani and Anurag Arjun in October 2017.
The cryptocurrency of the Polygon blockchain are the MATIC tokens.
Users pay all transaction fees in the Polygon blockchain with MATIC tokens.
Polygon’s popularity has skyrocketed among cryptocurrency investors thanks to the Polygon network’s priority of improving its usability and scalability with the Ethereum blockchain and above all because it offers cheaper and faster transactions than Ethereum itself.
The MATIC token allows organizations, companies and users to build decentralized applications using usability and scalability solutions existing in the Ethereum blockchain.
The MATIC token has an initial circulation of 3,230,085,551, with a total supply of MATIC tokens of 10 billion.
Features of Polygon (MATIC)
Some of the most notable features of MATIC include reliable scalability, improved security, good user experience, exceptional transaction speed, up to 65,000 transactions per second, ETH compatibility, sovereignty, smooth development experience, and resource interoperability.
Polygon, as a framework and protocol for building and linking Ethereum blockchain networks, offers various advanced features such as one-click implementation of blockchain and preset networks, an expanding set of modules used in planning and developing custom networks , interoperability protocol for such a process as a message exchange between Ethereum and other blockchain protocols.
Where to buy Polygon (MATIC)
The easiest way to buy MATIC is to register on a cryptocurrency exchange or trading broker that supports MATIC direct or CFD BUY and SELL .
It is important to choose an exchange that is not only reliable, but also guarantees ease of use to switch from classic fiat currency to digital currency.
The best cryptocurrency exchanges offer state-of-the-art trading tools and a very large selection of tokens.
Knowing this let’s take a look at where to buy Polygon Matic in the list below:
Exchange eToroX Review ;
Exchange Binance Review;
Exchange Coinbase Review ;
Exchange TRT Review ;
Exchange Kraken Review ;
Exchange CEX.IO Review ;
Exchange Bitstamp Review ;
Exchange Poloniex Review ;
Exchange OKEX Review ;
Exchange Hubi Review .
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Important things to know about the Polygon (MATIC)
Polygon provides a technology that improves the performance of the blockchain.
A concept called “sidechain” was introduced by Polygon to connect to a given blockchain in order to speed up transaction times at a lower rate.
Polygon intends to provide a framework for blockchain networks, i.e. it includes the creation of a framework for blockchain networks.
Through this users can easily create blockchain networks to connect with other users.
Polygon is compatible with EVM or Ethereum Virtual Machine: EVM is a software that developers use to create their own DaPPs (apps for decentralized applications).
Since Polygon and EVM are compatible, this allows developers to connect their apps to Polygon in a much easier way.
Polygon’s currency, the MATIC token, is used as payment for Gas Fee (fees paid for transactions made on the Polygon network), Staking and Governance.
Polygon is available today on major trading apps such as Binance , eToro, Gemini and Coinbase .
The MATIC token peaked at $ 2.68 in May 2021.
Is Polygon (MATIC) a good investment?
There is no telling how much the value of a cryptocurrency will be in the future as the price of cryptocurrencies rises and falls all the time .
Polygon provides a strong argument to investors as the value of the MATIC token has skyrocketed from where it was at $ 0.03 towards the end of 2020.
To date, Polygon Matic has increased to $ 2 at the time of writing.
To put it in monetary terms, if a user invested $ 1000 in Polygon MATIC when it was still valued at $ 0.03, that user now has nearly $ 66,000 in income from their investment.
The cryptocurrency market as we know is volatile, but several indications project Polygon (MATIC) as a wise and likely profitable investment.
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Dr. Andrea Ciotti
Dr. Andrea Ciotti
Web master Professional, Aware Trader. Passionate about Communication, Cryptocurrencies, Online Trading and SEO techniques, always looking for ideas and systems to make money online. Studies in Communication and Art History, lover of Good Wine, Travel, Cinema, TV Series, Football, Charles (a 4-legged blond hairy) and excellent Rock’n Roll.
