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How to obtain MATIC coins? Several methods to obtain MATIC coins are introduced
To obtain Polygon's MATIC coins, consider platforms like cryptocurrency exchanges (centralized and decentralized), crypto ATMs, P2P marketplaces, the Polygon Bridge, and staking for rewards.
Oct 09, 2024 at 03:35 pm
How to Obtain MATIC Coins: A Comprehensive Guide
Polygon (MATIC) is an Ethereum-based layer-2 scaling solution that has gained popularity due to its fast and low-cost transactions. If you're interested in acquiring MATIC coins, this article will provide you with several methods to do so.
1. Cryptocurrency Exchanges
- Centralized Exchanges (CEXs): Reputable CEXs like Binance, Coinbase, and Kraken offer MATIC trading pairs against fiat currencies (e.g., USD, EUR) and other cryptocurrencies (e.g., BTC, ETH).
- Decentralized Exchanges (DEXs): DEXs like Uniswap and SushiSwap allow you to trade MATIC directly from your cryptocurrency wallet without the need for an intermediary.
2. Crypto ATMs
- Locate a crypto ATM that supports MATIC purchases near you.
- Insert cash and follow the instructions on the ATM screen to buy MATIC coins.
3. Peer-to-Peer (P2P) Marketplaces
- platforms like LocalBitcoins and Hodl Hodl connect buyers and sellers of cryptocurrencies.
- Find a seller willing to exchange MATIC for your preferred payment method (e.g., cash, bank transfer).
4. Polygon Bridge
- The Polygon Bridge allows you to transfer ERC-20 tokens from Ethereum to Polygon.
- Send MATIC from an Ethereum wallet to the Polygon Bridge and receive MATIC on the Polygon network instantly.
5. Staking
- Become a Polygon validator by staking MATIC coins.
- Earning rewards by validating transactions on the Polygon network.
6. Faucets
- Some crypto faucet websites allow you to earn free MATIC coins by completing small tasks like surveys or watching videos.
7. Airdrops
- Occasionally, projects or exchanges offer airdrops of MATIC coins to their users.
- Participate in airdrops by completing specified tasks (e.g., following social media accounts) to receive free MATIC.
8. Lending
- Deposit MATIC coins into lending platforms like Aave or Compound.
- Earn interest on your MATIC holdings while others borrow them for a fee.
9. Liquidity Providing
- Provide liquidity to decentralized exchanges like Uniswap or SushiSwap by depositing MATIC coins into a liquidity pool.
- Earn trading fees from users who swap their cryptocurrencies against your MATIC holdings.
10. Mining (Not Available)
- Unlike Bitcoin and Ethereum, Polygon MATIC coins are not mineable. They are distributed through the methods listed above.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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