The Polygon (MATIC) token appears to be heading for a rally as the token rose 4% in one day with an increase in trading volume.
The Polygon currency is currently trading at $1.25 and has risen 4% in the last 24 hours. The currency has seen a big increase in volume and may be heading for another rally soon. Whales could push prices into the $1.5 region and beyond if the volume of action can be sustained.
How & where to buy Polygon in Brazil and elsewhere
If you want to buy MATIC tokens, all you need to do is open an account on a cryptocurrency brokerage/exchange platform. The account registration process is easy and you will be asked to submit a username, password and email address. The site will also request additional information as part of the “Know Your Customer” (KYC) procedure. You must submit copies of your driver's license and utility bills to comply with KYC regulations.
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 such as eToro ›
We suggest eToro because it is one of the world's leading multi-asset trading platforms, an all-in-one exchange and portfolio with some of the lowest fees in the industry. It's also easy for beginners, and has more payment methods available to users than any other service available.
2. Upload your ETH to a compatible wallet such as Trust Wallet or MetaMask
You will need to create your wallet, get your address and send your coins there.
3. Connect your wallet to Uniswap DEX
Go to Uniswap, and 'connect' your wallet to it.
4. Now you can exchange your ETH for MATIC.
Now that you are logged in, you can exchange hundreds of currencies, including MATIC.
What is Polygon?
The Polygon network is a scalability solution built for Ethereum. The MATIC token is Polygon's native cryptocurrency and has seen a huge price increase since its inception. The Polygon network has gained a lot of popularity and is coming up with new developments to stay relevant.
Should I buy MATIC today?
The Polygon token may well see another 5-10% increase if bulls maintain interest. The MATIC coin can reward its first holders with considerable gains if the token continues to rise in the future.
The Polygon token has the potential to grow in the future if the whales decide to start another rally.
This article is for informational purposes only – none of the contents should be construed as financial or investment advice.
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