Kraken

How to Buy Polygon (MATIC)

Buy MATIC


Have you ever paid too much in gas fees for interacting with DeFi applications on Ethereum?

You are not alone. 

The developers behind Polygon (MATIC) sought out ways to to improve the speed and reduce the cost and complexities of transactions on Ethereum using a Layer 2 scaling solution. This means that Polygon acts as an add-on layer to Ethereum where transactions can be finalized, without needing to change the original blockchain layer.


Ready to dive in?

If you just want to start buying MATIC right away, click the button below to begin.

Buy MATIC

Why buy MATIC?


The MATIC cryptocurrency token plays a key role in maintaining and operating Polygon, and can be used for holding, spending, sending or staking.

how to buy polygon matic


You may want to consider buying Polygon (MATIC) if you want to:

  • Diversify your long-term crypto investment strategy
  • Pay for transaction fees on the Polygon network
  • Stake MATIC tokens to participate in the platform’s governance and to secure its chain
  • Support scaling solutions for the Ethereum blockchain

Where can I buy MATIC?


To buy MATIC, you may find that it is easiest to use a trusted global digital asset & cryptocurrency exchange like Kraken.

Aside from offering some of the lowest fees in the industry, Kraken is one of the most secure and trusted crypto exchanges in the world.

At Kraken, we take security seriously, and use tested technology and rigorous procedures designed to safeguard funds. We don’t cut corners when it comes to security, and neither should you. This matters because if you lose the private key to your MATIC private wallet, it can be challenging if not impossible to recover your lost MATIC funds. 


How much MATIC can I buy?

Kraken offers a minimum order size of 20 MATIC.

Of course, you can also execute larger MATIC buy orders as well. It is common for larger traders to purchase or trade 12,000 MATIC or more on Kraken. Our exchange can provide adequate liquidity for your desired order.

MATIC Price

How to buy MATIC


Follow the steps below to start buying MATIC on Kraken: 

  1. Sign up for a Kraken account.
    Enter an email address, username and a strong password to protect your account.

  2. Verify your account. 
    You will first need to provide your name, date of birth, country of residence and phone number before you can deposit crypto to buy MATIC and other cryptocurrencies like Bitcoin. In order to use cash (i.e. USD, EUR or CHF), you’ll need to provide our experts with additional documents verifying your identity. Read about our verification processes here.
     

  3. Add funds or a payment method to your account.
    We support multiple funding and payment methods, whichever you choose will be based on your location and preferences.

  4. Purchase Polygon MATIC!
    Once you’re done with step 3, you’re ready to buy MATIC with Kraken. At this point, you’ll also gain access to all of the powerful products that make the Kraken experience beloved by millions of global traders.


Instantly buy MATIC with a bank account or credit card on the Kraken app

The official Kraken app is perfect for crypto beginners or experienced traders looking to conveniently buy or sell Polygon (MATIC) while on the go. Instantly buy Polygon (MATIC) with a credit card, debit card or bank account. Keep tabs on your favorite crypto projects or browse the most popular or top performers each day with the Kraken app. 

Bank account only available to US residents. Credit card purchases available in select countries here.

buy polygon matic

Where to keep your MATIC


Once you buy MATIC, you’ll need somewhere to safely store your cryptocurrency. 

While Kraken is a secure platform, it’s always safest to keep your MATIC in your own wallet, which is a software or hardware device that stores the public and private keys required to make crypto transactions.

When choosing a crypto wallet for your MATIC, you will need to first spend some time thinking about what you plan to do with your tokens to find a wallet that fits your needs.


Kraken is not a wallet service

It is important to note that Kraken is an exchange service and not a wallet service. So while we allow our clients to hold MATIC in their accounts, we highly encourage you to separate your MATIC holdings into multiple wallets. 

 

24/7/365 Customer Support

Kraken makes trading simple! If you have any questions about buying Polygon, let us know. Our support staff is online all day, every day, ready to help.
You can reach us anytime on LiveChat or by email.
 

Start buying MATIC


Ready to support layer 2 scaling solutions for Ethereum? Click the button below to buy MATIC on Kraken today!