How to get Polygon MATIC? (2024)

TLDR;

  • You will need MATIC on the Polygon network the very first time you buy or sell on Hawku to set up the appropriate authorizations. It is usually around 0.03 MATIC but we recommend 0.05 just to be safe.
  • First - make sure you have Polygon WETH. If you are buying on Hawku (or any Polygon marketplace) you will likely be buying with Polygon WETH. You can bridge Mainnet ETH to Polygon WETH fairly easily by using a Mainnet to Polygon bridge . NOTE: You cannot use Mainnet WETH on Hawku (or any Polygon application).
  • Recommended: Once you have Polygon ETH, go to Polygon's Gas Swap. It is easy to swap and buy 1-10 MATIC with no gas fees. It currently costs between $0.50 and $1.00 USD and will be needed if you want to do other actions on the Polygon network. If you do not have Polygon ETH, bridge some.
  • NFT Sellers only without Polygon WETH: If you have no Polygon WETH and own an NFT that can be listed on Hawku, contact [email protected] or DM us on Twitter at @hawku_com with your public ETH address and we will set you up with a tiny amount. We keep track of the NFT used and can only do this once per individual NFT.
  • IMPORTANT: Do not buy MATIC on MetaMask or on Polygon Mainnet. That MATIC will be on Mainnet and cannot be used on the Polygon network.

About MATIC and Hawku

The very first time you sell or buy using the Hawku Marketplace you will need to grant the marketplace contract that Hawku uses (0x) authorization to do your buying and selling transactions. This is a transaction on the blockchain and requires a tiny bit of the MATIC coin which is used as gas (or a way to pay the transaction) on the Polygon network.

Unlike the ETH Mainnet where ETH is used as gas, in the polygon network people use ETH to pay for things and MATIC for the gas.

While most sites - including Hawku architect their software so you do not normally need MATIC for transactions, on occasional instances you will need it (mostly for one-time authorizations and approvals).

How to get MATIC

If you do not have MATIC, we recommend two ways to get MATIC into your account.

IMPORTANT: The MATIC you need is on the Polygon Network and NOT ETH MAINNET. DO NOT BUY MATIC ON ETH MAINNET (OR USE METAMASK TO BUY MATIC) FOR HAWKU.

1) if you already have WETH on Polygon, we strongly recommend you go to the Polygon's Gas Swap run by Polygon. You can easily and cheaply purchase 1-10 MATIC which will cover you not only for Hawku but also help when you need to make other transactions on the Polygon network. This is by far the best long term solution.

2) If you have an existing NFT token that is sellable on hawku and not have any WETH on polygon, email [email protected] or DM @hawku_com on Twitter with your ETH address. We will then add a tiny amount of MATIC (~0.04 MATIC) to your account to get you through the approvals. Note Hawku keeps track of the NFT token ID and can only do this once per token id.

As always, if you have any other issues, please contact [email protected] or dm @hawku_com on Twitter.

How to get Polygon MATIC? (2024)

FAQs

How do I get matic in Polygon? ›

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.

How to get free Matic Polygon? ›

Tutorial: Get Polygon Testnet Tokens Using a MATIC Faucet in 3 Steps
  1. Step 1: Download and Set Up MetaMask. The first thing you need to do is download the MetaMask browser extension. ...
  2. Step 2: Add the Polygon Mumbai Testnet. ...
  3. Step 3: Get Polygon Testnet Tokens Using a MATIC Faucet.
Mar 27, 2023

Where can I buy Polygon matic? ›

You can buy Polygon on Kraken's crypto exchange. Create your free account and connect a funding method to buy over 200 cryptocurrencies including MATIC.

How do I get Polygon? ›

You can buy Polygon on Coinbase with an approved payment method, including a bank account, a debit card, or you can initiate a wire transfer.

Why is the Polygon network suspended? ›

Binance today announced plans to temporarily suspend token deposits and withdrawals on the Polygon (MATIC) network. This move comes in anticipation of an upcoming network upgrade and hard fork for Polygon.

Do I need a matic to use a Polygon? ›

When sending tokens on the Polygon network from your DeFi Wallet, you'll need MATIC to cover the network fees. The Polygon network is a scaling solution built on Ethereum, offering fast and low-cost transactions. Similar to Ethereum, it requires network fees called gas fees to process transactions.

How can I earn MATIC? ›

Users can stake MATIC and earn staking rewards by being either a validator or a delegator. Validators run specific nodes to participate in the consensus of the Polygon network directly, verifying transactions and adding new blocks to the blockchain.

How to get a cheap MATIC? ›

The cheapest way to buy Polygon (MATIC)

It's easy to buy MATIC on YouHodler. You can buy MATIC with a credit card, debit card, or even bank wire deposit. However, we have an even more affordable way to help you. Using YouHodler's conversion feature, you can convert any fiat or crypto to MATIC and save money.

Is Matic Polygon safe? ›

The Polygon MATIC blockchain is a secure and reliable blockchain solution. It uses a distributed ledger technology that is decentralized and peer-to-peer. This means that there is no single point of failure and it is not controlled by a single entity. This makes it secure and reliable.

What is the best price to buy Polygon Matic? ›

Buy Matic in India
  • 24h High:₹58.13.
  • 24h Low:₹52.94.
  • Change in %: ▲ 2.35%

Can I sell Polygon Matic? ›

Polygon has its own cryptocurrency, called MATIC, which is used to pay fees on the Polygon network, for staking, and for governance (which means that MATIC holders get to vote on changes to Polygon). You can also buy and sell MATIC via Coinbase and other exchanges.

How to get free matic? ›

Open an account on the crypto exchange of your choice, deposit funds, and make a purchase. Then, you are good to go. You can also earn MATIC tokens by providing computational resources to the Polygon Network. Validating transactions and executing smart contracts reward you with MATIC.

Is Polygon still worth it? ›

In 2024, they expect Polygon to be worth about $2.50. However, it appears that they are expecting another Crypto bull run in 2025, with Polygon sitting around $4. After that, within five years, they anticipate that in 2030, Polygon price could be worth somewhere near $17.

How do I get matic on Polygon network? ›

Recommended: Once you have Polygon ETH, go to Polygon's Gas Swap. It is easy to swap and buy 1-10 MATIC with no gas fees. It currently costs between $0.50 and $1.00 USD and will be needed if you want to do other actions on the Polygon network. If you do not have Polygon ETH, bridge some.

How do you get Matic on a Polygon for gas? ›

Method 1: Swap For Gas
  1. Switch to the “Polygon” network in MetaMask (read how to do that here)
  2. Choose how much MATIC you want (click a preset amount or type in your own custom amount), for example, 1–2 MATIC.
  3. Select a token with value in your wallet that you want to convert into MATIC under “Swap from.”
Oct 6, 2022

What is the matic token on Polygon? ›

MATIC tokens are used to govern and secure the Polygon network and pay transaction fees. Polygon uses a modified proof-of-stake validation mechanism to efficiently operate the platform. MATIC tokens will be required to be migrated to POL tokens in the second quarter of 2024 (expected).

How to convert ETH to MATIC on Polygon? ›

If you're a Blockchain.com user with Ethereum (ETH) in your DeFi Wallet:
  1. Login to your Blockchain.com App and switch to DeFi mode.
  2. Click the DEX icon in the bottom banner.
  3. Select Ethereum (ETH) and the amount you'd like to swap.
  4. Select Polygon (MATIC) as your swap to token.
Nov 20, 2023

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