Polygon – Price, Historical Data & How to Buy

Polygon
MATIC
$ 0.435274
0.00000415 BTC
Marketcap
$ 816,462,666
Volume (24h)
$ 9,130,406
Circulating Supply
1,876,077,648 MATIC
Total Supply
10,000,000,000 MATIC

What is Polygon?

Price of Polygon (MATIC)

Polygon is a cryptocurrency that was created in 2017. The currency was created by three co-founders, who also created the popular cryptocurrency Ethereum. Polygon aims to provide a more scalable and user-friendly platform for Ethereum users. The currency has been designed to be used as a payment system, with faster transaction times and lower fees than Ethereum. Polygon has been praised for its scalability and speed, as well as its security features. However, critics have raised concerns about the centralization of the currency, as it is controlled by a small number of developers. Polygon is currently on of the largest cryptocurrencies by market capitalization. The currency is popular in countries such as India, where it is used to purchase goods and services. Polygon is also available to trade on a number of exchanges, including Binance and Coinbase.

How to buy Polygon

If you’re interested in buying Polygon, there are a few things you should know first. We’ll explain how payment works and what you need to consider before purchasing any cryptocurrency. We’ll also show you where you can buy Polygon and how transactions are verified on the network.

When it comes to payment, there are two options: buying Polygon with fiat currency or purchasing another cryptocurrency like Bitcoin and exchanging it for Polygon. If you want to buy Polygon with fiat currency, you’ll need to find a reputable exchange that supports this payment method. Kraken is one example of an exchange that does.

If you decide to purchase another cryptocurrency like Bitcoin first, you’ll need to find an exchange that offers a Polygon/cryptocurrency pair. Binance is one such exchange. Once you’ve found an appropriate exchange, you can then trade your cryptocurrency for Polygon.

Once you’ve purchased Polygon, it’s important to store it in a secure wallet. The official Polygon Wallet is a good option, as it offers both desktop and mobile versions.

Transactions on the Polygon network are verified by nodes. Nodes are run by individuals or organizations that have an interest in keeping the Polygon network running smoothly. They’re rewarded for their efforts with Polygon tokens.

Polygon historical price – Line chart & candlestick

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How to store Polygon

Polygons can be stored in several different ways, each with its own advantages and disadvantages. The most popular methods of storing Polygons are wallets, hardware wallets, and paper wallets.

Wallets

Wallets are the most common way to store Polygons. There are two types of wallets: hot wallets and cold wallets.

Hot wallets are online wallets that are connected to the internet. They are convenient to use but are less secure because they can be hacked.

Cold wallets are offline wallets that are not connected to the internet. They are more secure because they cannot be hacked, but they are less convenient to use.

Hardware wallets

Hardware wallets are physical devices that can be used to store Polygons offline. They are very secure but can be expensive.

Paper wallets

Paper wallets are a type of cold wallet. They are pieces of paper that have your Polygon addresses and private keys printed on them. They are very secure but can be difficult to use.

Safest way to store Polygons

The safest way to store Polygons is in a cold wallet that is not connected to the internet. Hardware wallets and paper wallets are both good options for cold storage.

Polygon calculator

Here you can calculate the value of Polygon in all major fiat currencies.

MATIC