What security measures does Swyftx implement?

Swyftx employs a range of advanced security measures to protect user funds and personal information and has been awarded ISO27001 certification for information security. Swyftx also conducts regular security audits. You can find more information on our security practices here.

What deposit methods does Swyftx support?

You can deposit Australian dollars (AUD) into Swyftx via a number of methods including: Bank transfer OSKO PayID Credit or debit card Swyftx also allows you to deposit cryptocurrency from another wallet into your account.

What are Swyftx's trading fees?

Swyftx has a trading fee of 0.6% for all buy and sell orders. In addition to the trading fee, Swyftx applies a spread to each cryptocurrency trade.

Buy Polygon (POL)

POL

24H Change

24H Volume

Global Rank

#44

Market Cap

Buy POL in minutes

1 POL = $0

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Polygon Price

About Polygon (POL)

The Polygon Network (formerly The Matic Network) is a Layer 2 scaling solution designed to optimise the Ethereum blockchain. As the decentralised finance ecosystem has blossomed on Ethereum, the network has been affected by slow and expensive transactions. Scaling solutions like Polygon aim to solve these problems by building on top of the parent blockchain.

Polygon operates a side chain that offloads transactions onto a blockchain running parallel with Ethereum’s. The team has also developed several other technologies, including zk rollups (called Polygon zkEVM), optimistic rollups and plasma chains.

Polygon’s native token, POL, is an ERC-20 token that is used to govern the network, pay for transaction fees and secure the protocol. The project’s original token, MATIC, transitioned to POL in September 2024.
You can buy POL tokens in Australia on the Swyftx Crypto Exchange.

Resources

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@0xPolygon

How to Buy Polygon (POL) in Australia

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Polygon FAQs

Polygon FAQs
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How do I buy Polygon in Australia?

You can buy Polygon (POL) on the Swyftx Crypto Exchange in Australia. First, you’ll need to sign up by providing your name, email address and phone number. To activate your account, verify your email address, phone number and identity. This step can usually be completed in a few minutes.

Once your account has been verified, you can then deposit funds into your account via one of the following payment methods: bank transfer (or Osko), PayID, debit card or cryptocurrency. Deposit times may vary depending on which option you choose, however, most deposits are received instantly. Once the deposit is received, you can begin buying POL.

What makes Polygon unique?

Polygon is a layer 2 scaling solution which means it improves the efficiency of a layer 1 blockchain (like Ethereum). Its main focus is to improve the scalability, transaction speeds and user experience of blockchains, all challenges that Ethereum currently faces. Polygon is unique as a scalability solution that fully supports the Ethereum Virtual Machine (EVM).

Where can I store POL?

When you buy POL on our trading platform, it will be automatically stored in your account’s integrated crypto wallet. A crypto wallet is required for sending, receiving and storing your digital assets. If you would like to withdraw your assets and send them to an external wallet – like a hardware wallet – you can do so via the withdraw tab in your Swyftx trading app.

Where is the best place to buy Polygon?

The best place to buy Polygon is right here at Swyftx! Swyftx offers a fast, secure, and user-friendly platform that allows traders to easily deposit Australian dollars to trade Polygon and other cryptocurrencies instantly. We offer competitive fees and excellent customer support and we are proud to be one of Australia's highest-rated crypto exchanges as per our TrustPilot reviews.

How is the price of Polygon determined?

The price of Polygon is determined by the forces of supply and demand in the market. Similar to other assets, the price of Polygon is determined by the number of buyers and sellers in the market at any given time.

Some significant factors that can influence the demand for Polygon are adoption rates, Macro economic factors, News events, upgrades and advancements in its tech and investor sentiment.

Can I buy Polygon with credit card?

Swyftx does not allow you to directly buy Polygon with credit card, however, we do support credit and debit card deposits. Once your deposit has arrived in your account, you can then buy Polygon instantly.

Top Traded Assets on Swyftx

By number of orders

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Period: Last 24 hours (AUD)

POL Buys and Sells

By number of orders

56%
Buys

44%
Sells

Period: Last 24 hours

This should not be used to make investment decisions.

Disclaimer: The information is for general information purposes only and should not be taken as investment advice, personal recommendation, or an offer of, or solicitation to, buy or sell any assets. It has been prepared without regard to any particular investment objectives or financial situation and does not purport to cover any legal or regulatory requirements. Customers are encouraged to do their own independent research and seek professional advice. Swyftx makes no representation and assumes no liability as to the accuracy or completeness of the content. Any references to past performance are not, and should not be taken as a reliable indicator of future results. Make sure you understand the risks involved in trading before committing any capital. Never risk more than you are prepared to lose. Consider our Terms of Use and Risk Disclosure Statement for more.