Why buy Polygon with Kraken in Canada?

About Polygon

What can you do with Polygon?

Swap Polygon for other assets

Learn more about Polygon

1. How does Polygon work?

   Unlike traditional currencies, Polygon is not issued or maintained by a centralized government entity. Instead, a decentralized network of computer nodes is responsible for maintaining Polygon. This decentralization means the holders and users of Polygon can help to maintain the network.

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2. Where can I buy Polygon?

   Most find that the easiest and most secure way to purchase Polygon is through a reliable cryptocurrency platform like Kraken. While Polygon can be purchased using several different methods, Kraken offers the security, support and simplicity people often look for when buying cryptocurrencies like Polygon.

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3. How much does 1 Polygon cost?

   At the current market rate, it costs $0.30 to purchase one MATIC. Kraken makes it easy to buy & sell Polygon with confidence.

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4. Can I buy $100 worth of Polygon?

   Yes, Kraken offers a secure and easy to buy $100 worth of Polygon. At its current price, $100 equals 333.73 MATIC.

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5. Is it safe to buy Polygon?

   Kraken employs advanced security measures, including encryption and account protection, to ensure your Polygon purchase is secure. However, while Kraken provides a secure platform, market volatility can still affect your Polygon investment. You should do your own research on Polygon price before buying.

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6. Is Polygon available to buy and sell in Canada?
   

   
   Yes, Polygon is available to buy and sell on Kraken platform in Canada.
   

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7. Is Polygon a good investment?

   The short answer is, it depends on your own individual circumstances and risk tolerance. For those that see a long term prospect behind decentralization, Polygon may be a worthwhile purchase.

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8. Can I purchase Polygon using Canadian dollars (CAD)?
   

   Kraken supports six different government-issued fiat currencies including Canadian Dollar. All supported government-issues currencies are:
   

   • US dollars (USD)
   • Euros (EUR)
   • Canadian dollars (CAD)
   • Pounds sterling (GBP)
   • Swiss franc (CHF)
   • Australian dollar (AUD)

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9. How much is Polygon transaction fee?

   Kraken offers competitive fees for Polygon transactions, which are influenced by the trading amount and payment type. Learn more about Kraken’s fee structure.

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10. What is the minimum amount of Polygon I can buy?

    
    You can buy as little as CA$10 worth of Polygon on Kraken. Kraken also allows you to set up recurring buys (charges apply) so you can continuously accumulate small amounts of Polygon regularly.
    

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11. How to buy Polygon with PayPal?

    To buy Polygon with PayPal on Kraken, deposit funds by selecting "Deposit" on your account homepage. Choose an asset like Polygon, select PayPal as the method and connect your PayPal account if needed. Enter the deposit amount, confirm, and once funds are added, use them to purchase Polygon.

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12. How to buy Polygon with a debit card?

    You can buy Polygon using a debit card certain regions on Kraken. Learn more about our Supported currencies and payment methods here.

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13. How to buy Polygon with a credit card?

    To buy Polygon using a credit card, navigate to the "Buy Crypto" section, add your card details and follow the steps to finalize the transaction. Debit & credit card purchases are available to Kraken users with Intermediate or Pro level verified accounts and residence in a supported country. Kraken accepts Visa or Mastercard that support 3D Secure (3DS) which is in the same legal name as your Kraken account.

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14. How to buy Polygon with other cryptocurrencies?

    Kraken makes it easy to buy Polygon using other cryptocurrencies. If the direct trading pair is not available, you can use Kraken's Convert feature to seamlessly swap any listed crypto for Polygon. Browse the Polygon markets available on Kraken or use the Convert tool to trade between hundreds of cryptocurrencies quickly and easily. For a complete list of trading pairs, visit the Kraken support center.

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15. Can I transfer Polygon from Kraken to my crypto wallet?

    Yes, the Polygon you buy on Kraken is yours. Kraken makes it easy to withdraw your Polygon to any hot wallet or cold wallet that supports Polygon. Simply enter the external wallet address and your Polygon will be in your wallet a few moments later.

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16. Is it safe to keep Polygon on Kraken?

    We take every measure possible to keep the Polygon you choose to leave on Kraken secure and accessible to you. While we still believe the safest place for your crypto is in your own cryptocurrency wallet, we constantly strive to be as transparent and secure as possible when you trust us with your Polygon. Learn more about our globally-recognized security standards.

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17. What is the current circulating supply of Polygon?

    The current circulating supply of Polygon is 1,761,668,468 MATIC.

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18. How to Fund Your Account via Interac e-Transfer?

    To fund your account via Interac e-Transfer, you’ll need to initiate a deposit request via the app which will seamlessly guide you through the steps to access and approve using your bank of choice.

    Follow these steps to start your crypto journey:

    1. Log into your Kraken Account and select the ‘Portfolio’ tab. Here you’ll be able to see the aggregate and individual value of your holdings. 

    2. Select ‘Deposit’ and then ‘Canadian Dollar’ under the ‘Cash’/’Asset’ option.

    3. Choose “Interac e-Transfer” as your deposit method.

    4. Enter the amount you would like to deposit. Kraken allows up to C$ 10,000.00 per Interac e-Transfer, however, your banking limits may differ. Select ‘Review’.

    5. Confirm the deposit details, including your email address and Kraken account name. If correct, swipe to proceed.

    6. You'll be redirected to Interac's financial institution page. Select your bank.

    7. Approve the deposit through your bank's app or website.

    Your funds will be available within minutes, ready for you to start trading crypto.

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19. How to buy Polygon with a debit card in Canada?

    You can buy Polygon using a debit card in certain regions on Kraken. Learn more about our Supported currencies and payment methods.

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20. How to buy Polygon with a credit card in Canada?

    To buy Polygon using a Canadian-bank issued credit card, navigate to the "Buy Crypto" section, add your card details and follow the steps to finalize the transaction. Debit & credit card purchases are available to Kraken users with Intermediate or Pro level verified accounts and residence in a supported country. Kraken accepts Visa or Mastercard that support 3D Secure (3DS) which is in the same legal name as your Kraken account.

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