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Buy Polygon (MATIC) in India at ₹64.67

Live MATIC/INR Price

₹64.67

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1.46%

Price Changes

₹0.94

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1.46%

24h Low

₹63.43

24h High

₹65.5

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INR

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MATIC

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BUY

Reason To Buy Polygon(MATIC)

  • It is an Ethereum based ERC-20 token. 
  • It is among the top 20 leading cryptocurrencies by market cap.
  • It can process up to 65,000 transactions each second.
  • It has a market capitalization of around $8.7 billion.
  • It has a maximum supply of 10 billion Polygon coins.

Polygon was launched in October 2017 and was co-founded by Jaynti Kanani, Sandeep Nailwal, and Anurag Arjun. 

Polygon, a huge contributor to Ethereum Network, is the first well-developed and easy-to-use platform for Ethereum scaling and development of infrastructure. The network is developed with the aim of stimulating mass adoption of cryptocurrencies by resolving problems of scalability faced by the other rival cryptocurrencies. It is a Layer 2 scaling solution, backed by the leading crypto networks in the field: Binance and Coinbase. 

To provide its users with various incentives, Polygon offers its official native utility token named MATIC.

Things to consider before Buying Polygon(MATIC)

  • MATIC could be used for payment services on Polygon Network.
  • Using Polygon, one could create any kind of chain required by the developer, such as ZK Rollup Chain or Stand Alone Chain.
  • Polygon is an open-source platform, so anyone could see through their code.

Highlight

Polygon (MATIC) was developed with the aim of stimulating mass adoption of cryptocurrencies by resolving problems of scalability faced by the other rival cryptocurrencies.

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Polygon Price Statistics

MATIC Price Today

MATIC Price

64.67

Price Change 24h

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1.46%

Price Change 7d

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0.51%

Market Rank

#18

Market Cap

₹60,255 Cr.

Trade Vol 24h

3,083 Cr

Circulating Supply

991 Cr. MATIC

Trading Activity

62% Buy38% Sell

FAQ's

1. How Can I Buy Polygon In India?

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CoinSwitch App is the simplest way to buy Polygon in India. Sign up now and start investing with ₹100

2. Can I Buy Polygon Directly?

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Peer to Peer(P2P) trade is one of the simplest ways to buy Polygon directly. There is another option available, and that is to buy MATIC through decentralized exchanges(DEX) or from someone who holds Polygon. Decentralized exchanges are quite difficult to understand, and also it would be a worrisome task for you to find a trustworthy seller who could provide you with Polygon. Therefore, none but the pro traders in this field are advised to follow this path. 

If you are just starting in the field of cryptos, you might want to take the easier route and Download the CoinSwitch App!

3. How to Buy Polygon Stock?

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You can buy Polygon in just 4 steps on CoinSwitch:

  1. Open CoinSwitch App, click on the Market tab from the bottom navigation, then select Polygon.
  2. Click on the ‘Buy’ button.
  3. Enter the amount that you would like to buy Polygon for, say ₹100, and click on the ‘Preview Buy button’.
  4. Check all the details of your order and proceed by clicking ‘Buy.’ 

 Congratulations, you just bought your first Polygon!

4. What Price To Buy Polygon?

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Since most of the cryptos are in the developing stage and are still growing, no one can tell you the accurate price to buy any of them. This could lead to a rise in the value of Polygon. So, invest from Day 1 or you will regret not buying it earlier. 

You can invest small amounts periodically and balance the opportunity and risk. Start investing in MATIC for as low as ₹100.

5. What Time To Buy Polygon?

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No one can tell you the right time to buy cryptos. But if you are someone waiting for the dips, you might have been missing on greater profits and revenues already.

Try to start by investing in small amounts periodically. A better approach would be to invest a lump sum in Polygon (MATIC) in dips and average your portfolio for better returns.

6. What Platform To Buy Polygon?

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Polygon is available on dozens of platforms over the Internet. Your experience is the only difference that matters. Some of them would make it easy for you to purchase cryptos, while some would make it real trouble for you.

The market has many apps with plenty of technicalities that could make your purchasing horrible; however, CoinSwitch allows you to buy cryptos smoothly and efficiently.

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Disclaimer : Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. The information provided in this post is not to be considered as investment/financial advice from CoinSwitch. Any action taken upon the information shall be at user's own risk.