How to Buy Tokens over Polygon Network in the BitPay App | BitPay (2024)

/ Polygon (MATIC)

BitPay now supports the Polygon network. BitPay users can buy MATIC, store, swap and spend various ERC-20 tokens across the Polygon network, including MATIC, USDC and GAMEE.

Buying Polygon tokens within the BitPay non-custodial wallet at great rates and no hidden fees. Here's how to get started.

How to Buy Tokens over Polygon Network in the BitPay App | BitPay (1)

Step 1: Get the BitPay Wallet

The BitPay Wallet is available on Android, iOS, Windows and Linux. Scan the QR code to download the app. It is 100% free.

How to Buy Tokens over Polygon Network in the BitPay App | BitPay (2)

Step 2: Tap "Buy Crypto".

Tap "Buy Crypto" on the app home screen.

How to Buy Tokens over Polygon Network in the BitPay App | BitPay (3)

Step 3: Choose the amount and select your preferred Polygon token

Enter the amount you’d like to convert to cryptocurrency. Currently, BitPay supports buying MATIC, USDC and GAMEE over the Polygon network.

How to Buy Tokens over Polygon Network in the BitPay App | BitPay (4)

Step 4: Choose your preferred payment method

BitPay allows you to buy crypto with a credit card, debit card, Apple Pay or Google Pay. Payment methods may vary by partner.

How to Buy Tokens over Polygon Network in the BitPay App | BitPay (5)

Step 5: View your offers

We partner with Simplex and Wyre to give you the best possible price. There are no hidden fees or excessive markups. Once you choose your preferred offer, you’ll be taken to one of our partner sites to enter your payment details complete the transaction.

How to Buy Tokens over Polygon Network in the BitPay App | BitPay (6)

Step 6: Confirm your Polygon tokens have been received

Your Polygon tokens should arrive shortly. If you previously did not have a Polygon wallet within the BitPay app, you'll see one created with your funds under the My Crypto section.

How to Buy Tokens over Polygon Network in the BitPay App | BitPay (7)

Benefits of buying Polygon tokens with BitPay

The BitPay app offers a secure and seamless way to buy all of your favorite Polygon tokens.

Fast transactions

No long wait times to get your crypto.

Great rates, no hidden fees

We offer competitive exchange rates. There are no hidden fees, annual costs or additional mark up. What you see is what you pay. There are multiple ways to pay for your Polygon tokens, including credit card, debit card, Apple Pay or Google Pay.

Safe and secure

The BitPay Wallet is non-custodial, meaning you, and only you, own your keys.

Manage all of your assets in one place

After you buy cryptocurrency with Apple Pay, you can store, swap and spend without ever leaving the app. It is the only app you need to control your assets.

Buy and store Polygon assets securely in the BitPay Wallet

Buy Crypto with No Hidden Fees

As someone deeply immersed in the cryptocurrency space, with a comprehensive understanding of blockchain networks and digital assets, I can attest to the significance of the integration between BitPay and the Polygon network, particularly in relation to the acquisition and management of Polygon tokens such as MATIC, USDC, and GAMEE.

The article you provided highlights the seamless support for the Polygon network within the BitPay non-custodial wallet, allowing users to engage in various activities, including buying, storing, swapping, and spending ERC-20 tokens on the Polygon network. This integration enhances the accessibility and utility of Polygon tokens for BitPay users, providing a convenient and user-friendly experience.

Let's break down the key concepts mentioned in the article:

  1. Polygon Network (MATIC): The Polygon network, formerly known as Matic, is a Layer 2 scaling solution for Ethereum. It aims to improve scalability and reduce transaction costs on the Ethereum network by introducing sidechains and other scaling techniques.

  2. BitPay Integration: BitPay is a well-established cryptocurrency payment service provider. The integration of Polygon support into BitPay's non-custodial wallet signifies a strategic move to expand the platform's offerings and cater to users interested in Polygon tokens.

  3. BitPay Wallet: The BitPay Wallet is a non-custodial wallet available on various platforms, including Android, iOS, Windows, and Linux. Being non-custodial means users have sole control over their private keys, enhancing security and ownership of their assets.

  4. Buying Polygon Tokens: BitPay users can purchase Polygon tokens such as MATIC, USDC, and GAMEE directly within the wallet. The article emphasizes the availability of competitive exchange rates and the absence of hidden fees, offering transparency in the buying process.

  5. Payment Methods: BitPay supports multiple payment methods for buying crypto, including credit cards, debit cards, Apple Pay, and Google Pay. The flexibility in payment options enhances user convenience.

  6. Partnerships with Simplex and Wyre: BitPay collaborates with Simplex and Wyre to provide users with the best possible prices for purchasing Polygon tokens. This partnership ensures a reliable and efficient transaction process.

  7. Security and Control: The BitPay Wallet's non-custodial nature assures users that they have full control over their private keys, contributing to the overall security of their assets.

  8. Asset Management: BitPay's wallet enables users to manage all their assets in one place. After purchasing cryptocurrency, users can store, swap, and spend their Polygon tokens without leaving the app, simplifying asset management.

In summary, the integration of the Polygon network into the BitPay non-custodial wallet represents a significant step forward in enhancing the accessibility, security, and utility of Polygon tokens for users across different platforms. The article provides clear steps for users to get started, emphasizing the benefits of using BitPay for acquiring and managing Polygon assets.

How to Buy Tokens over Polygon Network in the BitPay App | BitPay (2024)

FAQs

How to Buy Tokens over Polygon Network in the BitPay App | BitPay? ›

Trading On The Polygon (MATIC) Network

To purchase MATIC tokens, you can utilize centralized exchanges like Binance. Simply copy your wallet address from MetaMask and proceed to transfer MATIC tokens from your Binance account to your MetaMask wallet.

How to buy tokens on Polygon network? ›

Trading On The Polygon (MATIC) Network

To purchase MATIC tokens, you can utilize centralized exchanges like Binance. Simply copy your wallet address from MetaMask and proceed to transfer MATIC tokens from your Binance account to your MetaMask wallet.

How do I buy Bitcoins on Polygon network? ›

You can buy MATIC in the Bitcoin.com Wallet app in a few taps. Pay with credit card, bank transfer, or payment app and receive MATIC directly in your self-custody wallet. Polygon (MATIC) can also be purchased directly on this page and sent to the Polygon (MATIC) wallet of your choice.

What is the token for Polygon network? ›

The native token of Polygon network is MATIC.

How do I buy coins on BitPay? ›

The BitPay app is a fast, secure, and streamlined option for building your portfolio with Google Pay.
  1. Step 1: Get the app. ...
  2. Step 2: Tap “Buy Crypto” ...
  3. Step 3: Choose amount and select Bitcoin (or your crypto of choice) ...
  4. Step 4: Select Other as your payment method. ...
  5. Step 5: View your offers.
Feb 16, 2024

How to swap on Polygon network? ›

You can browse the token list or search for a token by name or contract address. Enter the amount you would like to swap, receive, or select the “Max” option. The “Max” option automatically inputs the total amount of the token you have available in your wallet for swapping. Select “Swap”.

How do you trade on Polygon network? ›

Trade on Polygon Price Changes in 3 Steps:
  1. Open a trading account.
  2. Deposit funds.
  3. Choose Polygon on the trading platform and BUY or SELL.

What is the network address of Polygon? ›

Network Name: Polygon Mainnet. RPC URL: https://polygon-rpc.com/ Chain ID: 137.

How do you convert a Polygon to Bitcoin? ›

How to swap MATIC to BTC
  1. Choose the crypto exchange pair. Choose Polygon in the “You send” section. ...
  2. Enter the recipient's address. Now you need to enter the recipient's Bitcoin address. ...
  3. Send the deposit. In order to proceed the efficient and reliable swap, the deposit is required. ...
  4. Receive cryptocurrencies.

What coins are on the Polygon network? ›

Top Polygon Blockchain Coins Today By Market Cap
#Name7D
1BNB ( BNB )-1.76%
2USDC ( USDC )+0.10%
3Wrapped Bitcoin ( WBTC )-0.52%
4Chainlink ( LINK )-6.15%
39 more rows

Which Polygon token is best? ›

Discover our top 5 Polygon coins.
  1. Polygon (MATIC) First on the list, of course, is Polygon itself. ...
  2. QuickSwap (QUICK) QuickSwap is a layer 2 decentralized exchange (DEX), and Automated Market Maker (AMM) built on Polygon. ...
  3. Augur (REP) Augur is a decentralized prediction platform. ...
  4. Golem (GLM) ...
  5. Render Token (RNDR)

How do I create a token on a Polygon network? ›

Steps to Create Your Polygon Token:
  1. Go to Token Tool and select Create Token from the side menu.
  2. Connect Your Wallet: Select “Connect Wallet” and choose MetaMask or your wallet of choice. ...
  3. Define Token Properties: ...
  4. Configure Optional Features: Token Tool provides you with a wide set of functionalities for your token.
Mar 18, 2024

How do I get free Bitcoins on BitPay? ›

How to Earn Free Crypto Rewards and Cash Back
  1. Use the BitPay Card to earn cash back. Use the BitPay Card to receive rewards automatically. ...
  2. Earn crypto staking rewards. Certain cryptocurrencies allow you to “stake” your crypto and earn rewards back. ...
  3. Earn yield on crypto with CeFi and DeFi. ...
  4. Airdrops on new coins.
Aug 29, 2022

Can I buy Bitcoin instantly on BitPay? ›

You can buy Bitcoin instantly in the BitPay app or through the BitPay website online. Select the amount you want to convert to Bitcoin. Enter your wallet information to confirm where you'd like to receive your Bitcoin.

How to use BitPay for beginners? ›

Paying a merchant invoice from your wallet
  1. Step 1: At checkout, select BitPay as your payment method. BitPay is the safest and most secure way to pay online.
  2. Step 2: Select Begin Payment. ...
  3. Step 3: Select your wallet. ...
  4. Step 4: Select your cryptocurrency. ...
  5. Step 5: Pay the invoice.
Jul 5, 2024

How do I use Polygon network on Coinbase wallet? ›

Connect Polygon & Coinbase Wallet:

Navigate to Settings, select Active Networks, and then Polygon network from the list. Once you enable “Polygon”, you will conduct transactions and access DApps on the Polygon network. (Don't see Polygon?

Where can I buy Usdt on Polygon network? ›

Head to https://changenow.io. Choose USDT as the token you want to buy and select the fiat currency to pay for it. Enter the wallet address where you will receive your USDT.

How to buy matic on Polygon network MetaMask? ›

Acquiring Polygon MATIC
  1. Import your keyfile into Metamask. In Metamask, click the Accounts dropdown and then click on Import Account. ...
  2. Add Polygon network to your Metamask. In Metamask, click the Network dropdown and then click on Custom RPC. ...
  3. Move ETH to Polygon using the bridge. ...
  4. Swap ETH for MATIC using the swap tool.

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