The Polygon (MATIC) token seems to be heading for a rally as the token has risen 4% within a day and trading volume has increased
The Polygon Coin is currently trading at $1.25 and is up 4% in the last 24 hours. The coin has seen a lot of volume build up and could be heading for another rally soon. The whales could drive prices towards the $1.5 region and beyond if the volume action can be sustained.
How and where to buy Polygon in Germany and elsewhere
If you want to buy MATIC tokens, all you have to do is open an account with a crypto exchange/broker platform. The account registration process is simple and you will be asked to provide a username, password and email address. As part of the KYC (Know Your Customer) procedure, the website also asks for more information. To meet KYC standards, you must submit copies of your driver’s license and utility bill.
Avoid using decentralized exchanges as they are not regulated. For your convenience, we have selected two of the best platforms where you can trade with ease.
1. Buy ETH from a regulated exchange or broker like eToro “
We recommend eToro because it is one of the world’s leading multi-asset trading platforms, is the exchange and wallet in one and is among the lowest fees in the industry. Also, eToro is beginner-friendly and offers more payment options than any other service available.
2. Send your ETH to a compatible wallet such as Trust Wallet or MetaMask
You need to create your wallet, take your address and send your coins there.
3. Connect your wallet to the Uniswap DEX
Go to Uniswap and connect your wallet to it.
4. You can now exchange your ETH for MATIC.
Now that you are connected, you can exchange for hundreds of coins, including MATIC.
What is polygon?
The Polygon network is a scaling solution designed for Ethereum. The MATIC Token is the native cryptocurrency of Polygon and has seen a huge price increase since its launch. The Polygon network has gained a lot of popularity and comes up with new developments to stay relevant.
Should I buy the MATIC today?
The Polygon token could very well see another 5-10% increase if the bulls maintain interest. The MATIC Coin could reward its early owners with handsome profits if the token continues to rise in the future.
The Polygon token has the potential to rise in the future if the whales decide to start another rally.
This article is for informational purposes only – none of the content should be construed as financial or investment advice.