Buy Polygon (MATIC)

Polygon price (AUD)

$0.00

0.00%

AUD

MATIC

We charge 0.6% on all trades

Global Rank

Current global rank based on market cap.

Market Cap

The total value based on current price x supply.

24Volume

The total value traded in the past 24hrs.

All Time High (ATH)

The highest dollar value 1 has sold for.

Trade Activity

The % of buy and sell on Swyftx within past 24hrs.

Global Rank

#0

Market Cap

$0.00

24hr Volume

$0.00

24hr Change

0.00%

What is Polygon?

Polygon (formerly known as Matic Network) is an Ethereum-based platform that aims to support the advances of decentralised applications, as scalability has been identified as an issue. Additionally, Polygon seeks to address Ethereum’s biggest challenges like high transaction fees and poor user experience. This is achieved through the utilisation of off-chain computing and processing, through decentralised proof of stake (PoS) validation to ensure security. While the Matic Network was simply a layer-2 scaling solution for the Ethereum network, Polygon is the platform required for scaling collaborative blockchains.

The Polygon Network has adaptations resulting in faster and cheaper transactions that settle on the parent chain. There has been notable success in their first venture onto the Ethereum blockchain, boasting instant ERC-20 exchanges on the network.

The MATIC token will continue to exist and also plays a pivotal role in securing the Polygon platform and enabling governance. MATIC currently sits in the top 20 biggest digital currencies by market cap.

You can buy MATIC token in Australia on the Swyftx Crypto Exchange.

How to buy Polygon in Australia

You can buy Polygon 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 and you won’t be required to submit any documents.

Once your account has been verified, you can then deposit funds into your account via one of the following payment methods: bank transfer, POLI, PayID or credit/debit card. Deposit times may vary depending on which option you choose, however, most deposits are received instantly. Once the deposit is received, you can buy MATIC instantly.

What makes Polygon unique?

Polygon is a layer 2 scaling solution which means it improves the efficiency of a layer 1 blockchain (i.e. Ethereum). Its main focus is to improve its scalability and user experience and allow for instant transactions, all challenges that Ethereum currently faces. It is unique because it is the only scalability solution that supports the Etherum Virtual Machine (EVM).

Frequently Asked Questions

Is Swyftx safe?

At Swyftx, we consider security our top priority. We have implemented an advanced security protocol to ensure our customer’s accounts are safe. Our trade platform also has a number of advanced security features like biometric logins, breached password security and two-factor authentication (2FA). If you are concerned about security, you do have the option of withdrawing your funds and transferring them to an external wallet.

Can I buy Polygon with Bitcoin?

Yes, Swyftx allows customers to swap one cryptocurrency for another. This means you can use your Bitcoin to buy Polygon (MATIC) and vice versa. Additionally, you can swap a number of other crypto investments you own through the Swyftx trading app. This can save the hassle of selling out of a coin into AUD and then buying back into the coin you want to purchase.

Where can I store MATIC

When you buy MATIC on our trading platform, it will be automatically stored in the crypto wallet integrated with your account. 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.

Can I buy Polygon with credit card?

Swyftx allows Australian users to deposit AUD into their accounts via a credit and debit card. Once the deposit has landed in your account, you can MATIC instantly. Swyftx also supports a number of alternative deposit methods. These methods include bank account transfer, POLi and PayID.

Why use Swyftx to Buy Polygon (MATIC)

How to buy
Polygon (MATIC)

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Lowest Fees

Swyftx has lower spreads and cheaper trading fees than our closest Australian competitors when you buy and sell Polygon.

Instant Verification

Verify your account is under 2 minutes and deposit funds to trade MATIC.

Secure Accounts

Breached password detection and Two Factor Authentication help protect your account from scammers.

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What our customers' have to say

Excellent

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Grant Coad
Great service, I had a problem with a deposit that did not show on my Swyftx exchange , after reporting to Swyftx it was resolved within a few hours great service
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Great Experience. Good and Communicative Customer Service. It’s perfect.
Game ._. On
Swyftx, support team is really helpful.
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I had a question few days ago what was answered in shortest time and very helpful high level of expertise.
Angela
Fast communication easy app to use
Christopher Wark
Easy to use app and fantastic customer service. Transaction fees are not too high though obviously lower would be even better, it still beats most other crypto exchanges. Demo account is useful though has some drawbacks in terms ...
clifford dean
they always get back to you and answer questions in a very good time
Louis Daysh
Does what it claims, good for using NZD.
James Baird
Swyftx is where I started my crypto trading journey it is a very easy to navigate platform, the fees are the best I have come across and their help desk is second to none, I highly recommend Swyftx for both novice and seasoned inv...
Owen Kelly
Excellent service

Our top features

Why choose Swyftx?

AUD Deposit and Withdrawals

Deposit and Withdraw AUD via PayID, OSKO, Bank Transfer & POLi

Recurring Orders

Automate your crypto investments. Setup recurring deposits to your Swyftx account and have then automatically split across your own range of cryptos.

Stop, Limit & Market Orders

Never miss a trade or get caught out by the crypto market volatility. Set Buys and Sells to trigger at any price you want.

Advanced 2FA & Password Security

Easily secure your account with multi-factor authentication and biometric login. Swyftx also monitors other sites for data breaches that might result in compromises on your account.

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