How to buy Polygon in Singapore
Register, deposit and buy in 5 minutes.
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1. Create account
Securely register your personal, or business account and verify your identity.
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2. Deposit funds
Instantly deposit SGD using PayNow or FAST, and USD through SWIFT.
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3. Buy Polygon in Singapore (POL)
Enter the dollar amount you want to trade for POL and click “Buy”.
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What is Polygon (POL)?
In 2024, Polygon began transitioning its native token from MATIC to POL as part of the broader Polygon 2.0 upgrade.
Polygon (formerly known as Matic Network) is a protocol for developing and connecting Ethereum-compatible blockchain networks. It is a layer 2 (L2) scaling solution designed to improve the overall adoption of the Ethereum blockchain.
Although Ethereum now operates on a proof-of-stake consensus mechanism, it still faces challenges such as network congestion and high gas fees during periods of heavy activity. Polygon helps mitigate these issues by enabling faster, lower-cost transactions, making it a popular infrastructure layer for DeFi, NFTs, and Web3 applications.
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