How to Buy Polygon Matic Using Trust Wallet
If you’re wondering how to buy Polygon Matic and where to buy Polgyon, you’ve come to the right place. In this guide we’ll show you how to buy Polygon Matic using Trust Wallet, a secure self-custody crypto wallet used by millions of people.
Trust Wallet is the simple-to-use, self-custody crypto wallet and gateway to Web3 for people who want to fully own, control, and leverage the power of their digital assets. From beginners to experienced users, Trust Wallet makes it simpler, safer, and convenient for millions of people around the world to experience Web3, store and manage their crypto and NFTs, buy, sell, and stake crypto to earn rewards, and access dApps securely—all in one place. Trust Wallet is available as a mobile also as the Trust Wallet Chrome Extension.
What is Polygon (MATIC)?
The Polygon Network, formerly known as Matic Network, is a “Layer 2” blockchain that works alongside Ethereum to make transactions quicker and cheaper. You can think of it as a shortcut to help speed up processes in the often congested Ethereum network. This is where the Matic token comes into play - it’s the cryptocurrency that powers the Polygon platform and is used to pay for transaction fees, participate in proof-of-stake consensus, and contribute to network security.
Polygon was founded by Jaynti Kanani, Sandeep Nailwal, and Anurag Arjun back in 2017. They were all passionate about blockchain technology and wanted to overcome some of Ethereum’s scaling issues. Thus, Matic Network was created, later rebranding to Polygon in February 2021. They’ve been making strides ever since to help developers create decentralized applications (dApps) more effectively.
Before we dive into how to buy Polygon Matic using Trust Wallet, you’ll need to create a wallet if you don’t already have one. Trust Wallet is available as a mobile app or you can get the Trust Wallet Extension for your desktop web browser. In this example, we’ll set up a new wallet using the Trust Wallet Mobile App.
Step 1: Download the latest version of the Trust Wallet App.
Step 2: Set up your new wallet
- Open the Trust Wallet app, and choose “Create a new wallet.”
- Select an option to back up your wallet.
- Once your wallet is set up, tap on “Start using Trust Wallet.”
Tip: If you already have a wallet that’s not Trust Wallet, you can choose to import that wallet. In this case, you’d choose the “I already have a wallet” option.
Step 3: Buy Polygon Matic using your Trust Wallet
- Select the “Buy” button from the main wallet page.
- Select Polygon (MATIC) (if you don’t see it, you can use the search function).
- Select the amount you want to buy, then select the next “Next” button.
From there, it’s just a matter of following the simple instructions to buy the Polygon (MATIC). Once the purchase goes through, the MATIC will automatically be stored in your Trust Wallet.
It’s also important to note that you can buy Matic on the Polygon Network, or buy the Matic Token on the Ethereum Network, or BNB Smart Chain.
Frequently asked questions
When I buy the Polygon (MATIC) via Trust Wallet, where is it stored?
When you buy Polygon directly from with your Trust Wallet, the MATIC is stored directly in your wallet. There’s no need to transfer your Polygon Matic from one address to another or do anything else – the crypto will be stored safely and automatically.
How do I check my Polygon Matic balance in Trust Wallet?
To check your MATIC balance in the Trust Wallet app, simply open the app and view your current balance from the main wallet page.
How do I check the Polygon Matic price in Trust Wallet?
To check the Polygon price in the Trust Wallet app, simply open the app and view the price from the main wallet page. Alternatively, you can also select the Polygon asset and tap on the chart symbol to view more detailed information on the Polygon price.
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