Buy Polygon in Bermuda/

Where & how to buy Polygon (MATIC) in Bermuda

Updated on: 2024/12/23 08:26:59（UTC+0）

Coin rating

4.6

Bitget is legally accessible in Bermuda. You can buy Polygon in Bermuda through Bitget.

Simple 3-step guide to buying MATIC today in Bermuda

Create your free Bitget account

Provide your email address and place of residence.

Select a funding method

Fund your account using your preferred payment method.

Complete your Polygon purchase

Buy Polygon with as little as $5.

Step 1: Create a free account on the Bitget website or the app

Kindly verify your identity to ensure full compliance and enhance your Bitget experience.

You can access the identity verification page, fill out your country, upload your ID documents, and submit your selfie. You will receive a notification once your identity has been successfully verified.

Step 2: Place an order for Polygon using a payment method of your choice:

Buy Polygon with a debit/credit card
For Visa or Mastercard, select Credit/Debit card, then click Add New Card under the Buy tab.
Credit/Debit in the Buy Crypto tab of the Bitget app
Credit/Debit in the Buy Crypto tab of the Bitget website
Select your preferred fiat currency, enter the amount you wish to spend, link your credit card, and then complete your payment with zero fees.
Add a new card to complete your payment on the Bitget app
Enter your bank card details to complete your payment on the Bitget website
For Diners Club/Discover card, click Buy Crypto > [Third Party] in the top navigation bar to place your Polygon order.
How to buy crypto with credit/debit card
Buy Polygon with Google Pay or Apple Pay
Converting your Google Pay and Apple Pay balance into Polygon is easy and secure on Bitget. Simply click Buy Crypto > [Third Party] in the top navigation bar to place your Polygon order.
How to buy crypto via third-party gateway
Buy with bank transfer
We accept various payment methods, including iDeal and SEPA for EUR, PIX for BRL, PayID for AUD, UPI for INR, QRIS, DANA, and OVO for IDR, SPEI for MXN, and GCash for PHP. These services are facilitated by Alchemy Pay, Banxa, Mercuryo, and Simplex payment gateways. Simply select Buy Crypto > [Third Party] in the top navigation bar and select a fiat currency to place your Polygon order.
Buy Polygon with the fiat balance in your Bitget account
You can Deposit fiat funds using Advcash, SEPA, Faster Payments, or PIX payment gateways to top up your Bitget fiat balance. Then, click Buy Crypto > [Cash conversion] in the top navigation bar to place your Polygon order.
P2P trading
With Bitget P2P, you can buy crypto using over 100 payment methods, including bank transfers, cash, and e-wallets like Payeer, Zelle, Perfect Money, Advcash, and Wise. Simply place an order, pay the seller, and receive your crypto. Enjoy secure transactions with escrow protection.
How to buy crypto on Bitget P2P

Step 3: Monitor Polygon in your Bitget spot wallet

If you've chosen to purchase Polygon on Bitget, your Polygon will be instantly credited to your Bitget spot account upon payment completion. You can click Assets located on the top right corner of the page to check your assets. Additionally, you can buy, deposit, convert, trade, and withdraw them.

Check your assets

Bitget: Where the world trades Polygon

Fast

Our efficient matching engine delivers a fast, smooth trading experience, making Bitget a top choice for reliability and speed.

Top security guarantee

Bitget uses proof of reserves, a protection fund, and third-party custody mechanism to safeguard users' assets, earning the trust of millions worldwide.

Ultimate trading experience

Trading cryptocurrencies on Bitget is seamless, with ample liquidity ensuring stress-free transactions. Our platform empowers users to manage their finances confidently.

24/7 user support

Bitget's 24/7 customer service provides prompt and professional support, resolving issues quickly for an exceptional user experience.

Alternative methods to buy Polygon in Bermuda

In addition to purchasing Polygon directly, there are numerous other ways to obtain Polygon.

Buy Polygon with crypto on Bitget Convert

Bitget Convert offers a secure, swift, and zero transaction fee method to convert crypto to Polygon. Just choose your available crypto assets, specify the amount for the Polygon swap, confirm, and check Polygon instantly credited to your spot account. Ensure sufficient account balance before proceeding with the conversion.

Bitget Convert preview

Swap on-chain assets to Polygon with Bitget Swap

Unlike buying or selling crypto, swapping does not access traditional financial rails since fiat currencies are not involved. Bitget Swap supports over 250,000 cryptocurrencies on 30 major blockchains including Ethereum, Polygon, and Solana. You can exchange any other crypto to Polygon anytime, anywhere, including cross-chain transactions. Transaction gas fees are automatically converted.

Click Trade > [Bitget Swap] in the top navigation bar to swap any other cryptocurrency for Polygon.

How to buy Polygon for free

Using real money to buy Polygon is not the only way to obtainPolygon. If you have the time to allocate, you can get Polygon for free.

Learn how to earn Polygon for free through the Learn2Earn promotion
Earn free Polygon by inviting friends to join Bitget's Assist2Earn promotion
Receive free Polygon airdrops by joining On-going challenges and promotions

All crypto airdrops and rewards can be converted to Polygon through Bitget Convert, Bitget Swap, or Spot Trading.

Note: Want to keep tabs on coin prices? Visit our Coin prices directory or Polygon Price Page and bookmark them to stay updated!

Buy Polygon

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Are you planning to buy MATIC?

See if other users are buying MATIC:

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Buy Polygon in a different country

You can easily buy Polygon (Polygon) with the lowest fees and highest security wherever Bitget is available. Select your country in the search box below to start buying Polygon in your preferred location:

bermuda

A selection of popular Polygon buying regions.

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A welcome pack of 6200 USDT for new Bitgetters!

What can you do with Polygon in Bermuda?

Now that you've secured your share of the digital revolution, it's time to take the next steps. Whether you're a seasoned investor or just starting out, explore our advanced trading features, like margin trading and futures trading, to amplify your potential returns. Keep an eye on the market through our intuitive interface and real-time charts, helping you seize opportunities as they arise. Consider staying ahead of market trends with Bitget's insightful educational resources, providing you with the knowledge you need to make informed trading decisions. Your crypto journey has just begun. With Bitget, you're positioned to navigate the exciting world of cryptocurrencies with confidence. And remember, our dedicated customer support team is here to assist you on your journey, addressing any queries you might have.

Store/Hold Polygon

Many users hold on to their Polygon with the expectation of it increasing in value. You can store your MATIC safely on your Bitget account or on our crypto wallet app BG Wallet, the most user-friendly and secure mobile wallet.

Trade Polygon

You can trade Polygon for 150+ cryptocurrencies on Bitget’s industry-leading, fast, and secure trading platform. Bitget offers many trading pairs for Polygon trading to meet your needs.

Send Polygon

Yes, Bitget allows you to easily transfer value around the world, fast. You can buy Polygon online and send to anyone and anywhere with their Polygon address.

Spend Polygon

You can also buy goods and services with your Polygon. More and more vendors and retailers accept Polygon every day.

Earn Polygon (MATIC)

Earn passive income by staking or lending Polygon (MATIC) through services like On-chain Earn, PoolX, and Launchpool on Bitget.

Polygon (MATIC) futures

Bitget, a world-leading cryptocurrency futures exchange, offers a variety of trading strategies to adapt to different market conditions. With 24/7 trading, ample liquidity, fast matching, and an excellent user experience, it provides unparalleled convenience for investors.

Market stats to assist in determining optimal times for purchasing Polygon

Maybe you just need to know more about it. Let us briefly guide you through the most interesting Polygon facts from our Bitget Academy articles. Learn why people buy Polygon today!

What Is Polygon (MATIC)?

As one of the most popular chains, Ethereum has been a prosperous ecosystem, providing different money-making opportunities like Decentralized finance (DeFi), Decentralized autonomous organizations (DAOs), Decentralized applications (Dapps), Game-Fi, Move-to-Earn (M2E), Non-fungible tokens (NFTs). Thanks to Ethereum, the use case of blockchain has been expanded tremendously. However, as more users come to Ethereum, the network faces the problem of scalability. Gas fees become expensive, and transactions get slower. A cheaper and faster solution to the problem of Ethereum is Polygon.

Polygon (previously Matic Network) is a layer 2 solution for Ethereum. As stated in their whitepaper, Polygon (MATIC) comes to solve the scalability and usability issues, while not compromising on decentralization and leveraging the existing developer community and ecosystem, and it has successfully enhanced the Ethereum ecosystem by increasing the transaction speed and lowering gas fees. It makes Ethereum become more sustainable. Using Polygon, one can create Optimistic Rollup chains, ZK Rollup chains, standalone chains, or any other kind of infrastructure required by the developers.

Polygon (MATIC)’s Founders

Jaynti Kanani: Co-founder and Chief Executive Officer. Contributor to Web3, Plasma, and WalletConnect. Previously data scientist at Housing.com.

Anurag Arjun: Co-founder and Chief Product Officer. Previously AVP (Product Management), IRIS Business. Stints at SNL Financial, Dexter Consultancy, and Cognizant Tech.

Sandeep Nailwal: Co-founder and Chief Operating Officer. Blockchain Programmer and Entrepreneur. Previously CEO of Scopeweaver, CTO of (Ecommerce) Welspun Group.

How Polygon (MATIC) Works

Currently, the Ethereum network is facing the following two challenges:

(1) Low transaction speed: Only 30 transactions available per second

(2) High gas fee: As there’s only 30 transactions available per second, if you want your transactions to process quickly, you have to pay a higher gas fee.

Polygon is a PoS (Proof-of-Stake) - based chain that acts as a Layer-2 solution for Ethereum. A Layer-2, also known as "sidechain", is a separate blockchain that inherits the security and decentralization guarantees of the Layer 1 (original chain) while extending the Layer 1. The Layer 2 processes transactions off the Layer 1 and submits them back to Layer 1 in groups for verification using rollups. This allows both users and developers to evade the two scalability problems of Layer 1 while taking advantage of its robust security.

MATIC, the native utility token of Polygon, is a major component of the network’s ecosystem, and is designed to be used for network security, paying gas fees, staking, and governance on the network. MATIC Token will be issued as ERC-20 standard-compliant digital tokens on the Ethereum blockchain.

Even though Polygon is among the most widely used blockchains just by being a Layer-2 solution for Ethereum, the team has plans to expand beyond Ethereum. Mass adoption of blockchain requires highly secure, decentralized, and immutable infrastructure, which is a challenge that Polygon hopes to address and pioneer in the future.

How Many MATIC Tokens Are in Circulation?

MATIC tokens are released on a monthly basis. MATIC currently has a circulating supply of 4,877,830,774 MATIC tokens and a max supply of 10,000,000,000 MATIC tokens.

The remaining MATIC tokens are distributed as follows:

Team tokens: 16 percent of the total supply.
Advisors tokens: 4 percent of the total supply.
Network Operations tokens: 12 percent of the total supply.
Foundation tokens: 21.86 percent of the total supply.
Ecosystem tokens: 23.33 percent of the total supply.

According to the release schedule, all the tokens will be released by December 2022.

How to Buy Polygon (MATIC)

Consider investing in Polygon (MATIC)? It only takes 2 minutes to create an account on Bitget and start trading MATIC.

Check out the available MATIC trading pairs on Bitget!

Futures market

MATICUSDT

Spot market

MATIC/USDT

MATIC/USDC

Related Polygon (MATIC) Pages

Whitepaper

Official Website

Buy Polygon in Bermuda with Bitget

How to safely store your Polygon

After purchasing your Polygon, you have several options for managing it. You can store it in your personal crypto wallet or keep it in your Bitget account. Some investors choose to hold onto their Polygon for long-term growth. For enhanced security and risk management of your MATIC assets, consider using Bitget Wallet, known for its top-tier protection supported by Suntwin Technology, Qingsong Cloud Security, HEAP, and Armors.

Here's how you can manage your MATIC on Bitget:

1. Storing your Polygon:

Sign up and transfer MATIC to your Bitget account.
Alternatively, use Bitget Wallet as a self-custody solution for your MATIC.

2. Trading and earning:

Trade Polygon for other cryptocurrencies or stake MATIC on Bitget Earn to earn passive income.

How to withdraw Polygon with Bitget's hassle-free withdrawal process

Using an exchange is one of the most convenient methods to cash out your Polygon or other crypto, and Bitget stands out as an excellent choice. With its user-friendly Buy/Sell buttons, Bitget simplifies the experience, allowing you to intuitively select the cryptocurrency you want to sell and specify the sell amount.

When it comes to withdrawing the Polygon you've acquired, Bitget offers a seamless experience. Enjoy competitive fees, a flexible minimum withdrawal threshold, and lightning-fast delivery times within 24 hours, ensuring your is readily available for you.

Bermuda is a British overseas territory located in the Atlantic Ocean, lying 1,035 km to the east-southeast of the US State North Carolina. The Bermuda archipelago consists of 180 islands, taking up 53.2 km2 in total area and is inhabited by less than 70,000 people. The territory considers English the official language and uses the Bermudian dollar (BMD) as the native currency.

The name Bermuda may remind you of an area with paranormal phenomena, but the reality is many people have reached the islands and are living there. You can visit the place for yourself and enjoy the many beautiful attractions, such as the Gibb's Hill Lighthouse, Crystal and Fantasy Caves, Bermuda Aquarium, Museum and Zoo, and Horseshoe Bay. Bermuda is covered in many species of palm trees and fruit trees accompanied by a wide variety of animals.

In Bermuda, you can use Apple Pay, Google Pay, or credit cards to purchase Polygon(MATIC) with Bitget. Ships and aircrafts can be rumored to disappear in the region but your money is protected with cutting-edge security of Bitget. If you are not fond of using the above mentioned payment methods, you can choose crypto deposits or P2P trading among many other options.

FAQ

Can I buy US$1 worth of Polygon?

In theory, Polygon can be divided and bought in an amount that is worth US$1, but on Bitget, the minimum order amount on the spot market is limited to US$5.

Can I buy US$10 of Polygon?

Yes, can be divided and bought in an amount that is worth US$10. On Bitget, the minimum order amount on the spot market is limited to US$5.

Where else can I buy Polygon?

If a token is not available for purchase via the P2P market or debit/credit card. You can place a buy order for it via the spot market.

Where is the best place to buy Polygon?

The best place to buy Polygon is the exchange that provides hassle-free and secure transactions combined with a convenient interface and high liquidity. Millions of users every day choose Bitget as a trusted crypto purchase platform.

Should I buy Polygon right now?

You should make a decision on purchasing or investing in Polygon or other tokens after performing your own research and analysis. Bitget provides user-friendly crypto trading and purchasing services. Additional resources such as Bitget Academy and Bitget Insights help users to navigate the current market news and trends.

Cryptocurrency investment activities, including actions done to buy Polygon online via Bitget, are subject to market risk. Bitget provides easy and convenient ways for you to buy Polygon instantly, and we put our best efforts to fully inform our users about each and every cryptocurrency we offer on the exchange, but we are not responsible for the results that may arise from your Polygon purchase. This page and any information in it is not meant to be interpreted as an endorsement of any particular cryptocurrency or method of acquiring it.