Buy Polygon

Polygon

POL
Currency=MATIC.svg
$0.000USD
Past performance is not indicative of future results. All prices are sourced from CoinJar Indices.
POL price calculator
USD
POL

Overview

#39Popularity
ScalingAsset type
2017Active since

What is Polygon?

Formerly MATIC, POL is the native of the Polygon ecosystem.

What is Polygon (POL)?

So what is and what is it used for?

How does Polygon and POL work?

Imagine you’re at a busy train station, waiting for your regular local train (that’s Ethereum). But right next to it, there’s an express train called Polygon. It runs on the same tracks but makes fewer stops, so it moves much faster. That’s what Polygon is: A speedy parallel blockchain that works alongside Ethereum.

This is why it is called a Layer-2 Scaling Solution. Polygon is like a sidekick to Ethereum. It helps speed up transactions and reduces fees. Think of it as a shortcut for crypto transactions.

Polygon has become a hub for . It’s like a hangout spot where you can do more with your digital money.

What is POL? Is it a cryptocurrency?

POL is Polygon’s own cryptocurrency. When you use Polygon, you pay with POL. Holders of POL can become validators, which means they can “work” for the ecosystem, securing the network by checking transactions. This is called “staking”. In return, they earn more POL tokens.

POL holders also get to vote on changes to Polygon.

Polygon (POL) makes crypto life easier and faster. Polygon also claims to be carbon neutral, and to be carbon positive soon.

Fun stuff in the Polygon ecosystem

are popular on Polygon.

At the time of writing, was for Polygon gaming dApps.

Yuliverse operates within a future cyberpunk world. It uses NFTs which players can buy and sell.

Another top Polygon game is . It is a mobile shooting game within the Metaverse that operates on the Polygon network. Matr1x Fire immerses players in a futuristic cyberpunk world with captivating visuals. The game’s combines neon lights, advanced technology, and dystopian elements.

Players take part in fast-paced shooting battles and players can combat for NFTs (non-fungible tokens) and digital art assets. These assets have appreciation potential and include avatars, weapons, profile pictures (PFPs), gloves, and other props. Collecting rare and valuable NFTs adds an interesting layer to the gameplay.

Polygon NFTs

can be created directly on Polygon or moved there from other blockchains.

Generally speaking, Polygon NFTs have low transaction fees and speedy transactions compared to Ethereum’s mainnet.

More NFT collections include y00ts and Hell Cats. There are NFT marketplaces like OpenSea and Magic Eden on Polygon too. They are like NFT shopping malls where users can buy and sell these digital treasures.

Over NFTs have been minted (created) on the Polygon blockchain so far.

Spending POL in the Polygon Ecosystem

There are a lot of ways to use POL in the Polygon ecosystem. First, users have to connect to the POL Bridge. This just means that you can move your digital assets between Ethereum and Polygon networks.

Once funds are on Polygon, users can explore over 19,000 decentralised applications (dApps). Users will need POL to pay for transaction fees (gas) within the Polygon ecosystem.

Is Polygon (POL) a good investment?

Polygon is a growing ecosystem of dApps, NFT projects, and DeFi platforms. Many projects are integrating with Polygon to leverage its benefits. In this way, POL is expected to grow in usage, but always do your own research to ascertain if POL is right for you.

logo_payment-method_payid.svg
logo_payment-method_osko.svg
best crypto exchange, buy bitcoin,
logo_payment-method_mastercard.svg
best crypto exchange, buy bitcoin,
Faster_Payments_logo.svg
logo_payment-method_apple-pay.svg
logo_payment-method_google-pay.svg

Cash, credit or crypto?

Buy Polygon instantly using Visa or Mastercard. Get cash in your account fast with bank transfer, SEPA, Faster Payments, PayID or Osko. Convert crypto-to-crypto with a single click.

How to buy Polygon with CoinJar

Start your cryptocurrency portfolio with CoinJar by following these simple steps.
Step oneDownload the appGet the CoinJar app on iOS or Android.
Step twoCreate an accountSign up and verify your ID – it only takes a couple of minutes.
Step threeMake a purchaseBuy Bitcoin and more than 60 other cryptos using cash or credit card.
Get the CoinJar app
App store
App Store Rating - Apple
App store
App Store Rating - Google (UPDATED).svg
AppReviews logo
Great
Trustpilot ratings 4 star
TrustScore 4.2 |Trustpilot

Featured In

best crypto exchange, buy bitcoin

mastercard_pay_mark_0350ee9c9b.svg
footer_logo_1_6a238f8aff.png
apple_pay_mark_7d779715ad.svg
google_pay_mark_800_1_d4e5c13bff.svg

CoinJar App

All-in-one crypto wallet
Buy, sell, send and even spend your crypto with Australia’s favourite cryptocurrency app.
best crypto exchange, buy bitcoin, buy tether, buy xrp
best crypto exchange, buy bitcoin, buy tether, buy xrp

CoinJar Exchange

TRADE FOR AS LOW AS 0%
With one of the fastest matching engines in the world, CoinJar Exchange is purpose-built for institutions, market makers and professional traders. Features global liquidity, ultra-thin spreads and some of Australia and the UK’s most competitive fees.

Check out these other popular cryptos

Frequently asked questions

What is Polygon crypto?

Polygon is a layer two or sidechain scaling solution that runs alongside the Ethereum blockchain. It provides speedy transactions and low fees for users.

The network’s native cryptocurrency is called POL, which serves various purposes like paying fees, staking, and participating in governance.

CoinJar does not endorse the content of, and cannot guarantee or verify the safety of any third party websites. Visit these websites at your own risk.

CoinJar does not endorse the content of, and cannot guarantee or verify the safety of any third party websites. Visit these websites at your own risk.

CoinJar
Company
Support
Legal
Crypto on CoinJar
App storeApp store

CoinJar’s digital currency exchange services are operated by CoinJar Australia Pty Ltd ACN 648 570 807, a registered digital currency exchange provider with AUSTRAC.

CoinJar Card is a prepaid Mastercard issued by EML Payment Solutions Limited ABN 30 131 436 532 AFSL 404131 pursuant to license by Mastercard. CoinJar Australia Pty Ltd is an authorised representative of EML Payment Solutions Limited (AR No 1290193). We recommend you consider the and before making any decision to acquire the product. Mastercard and the circles design are registered trademarks of Mastercard International Incorporated.

Google Pay is a trademark of Google LLC. Apple Pay is a trademark of Apple Inc.

This site is protected by reCAPTCHA and the and apply.

CoinJar logo
CoinJarGet the app.
Install app