Polygon price AUD (MATIC)

Polygon price chart

The below Polygon price chart tracks the price of Polygon against AUD over time. The rate shown is indicative only as actual buy / sell rates depend on market liquidity and fees at the time of quotation.

Market cap

$10.7B

Volume 24hr

$199.7M

Supply

8.7B MATIC

Max supply

10.0B MATIC

What is Matic Network?

✓Scalable ✓Layer-2 ✓Proof-of-Stake (PoS)

Polygon (formerly known as the Matic Network) is a Layer 2 scaling solution on the Ethereum blockchain that uses sidechains for off-chain computation. That makes it faster and more affordable. It maintains asset security using the Plasma framework and a decentralized network of Proof-of-Stake (PoS) validators.

Polygon aims to be the de-facto platform on which developers will deploy and run decentralized applications in a secure, interoperable, and decentralized manner.

How do I buy Matic Network?

  1. Deposit funds into your Cointree account using our fast and convenient options.
  2. Enter the amount of Matic Network that you would like to buy.
  3. Confirm your purchase and Matic Network will be instantly delivered to your Cointree account.

Don't have an account? Click here to get started

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Common questions about the Polygon network

Want to know more about the best place to buy Polygon (MATIC)? We answer your most common questions.

How to buy Polygon (MATIC) in Australia?

The best place to buy Polygon is on an Australian cryptocurrency exchange like [Cointree](https://www.cointree.com/). Buying Polygon is easy with Cointree. All you have to do is create an account, verify your identification, deposit funds with a bank transfer or PayID, and you're ready to buy Polygon (MATIC) in a few clicks and with low trading fees. You can also sell Polygon on Cointree. With low transaction fees and access to the Australian dollar, it's easy to lock in any profit you've made from your polygon purchase.

Can you buy Polygon with AUD?

Yes. You can buy Polygon with the Australian dollar. With multiple deposit methods to choose from, you can easily deposit funds with a bank transfer, cash deposit, or PayID. PayID is the most popular method to buy Polygon with AUD, as it's as fast as a debit card payment and just as easy. You can also buy bitcoin and other [cryptocurrencies](https://www.cointree.com/trade/cryptocurrencies/) on our easy-to-use trading platform. With our competitive rates making for cheaper transactions, tens of thousands of Australians choose to trade MATIC and other digital currencies on Cointree.

Is polygon a good cryptocurrency?

Polygon is a popular cryptocurrency because it lets people make faster and cheaper transactions on the Ethereum network. Ethereum can experience high gas fees and Polygon solves this with layer-2 scaling. However, its greatest attribute is its interoperability. Interoperability is an important feature in the crypto world and Polygon makes it easier on the Ethereum network. While other networks like Polkadot, Cosmos and Avalanche achieve the same goal, they aren't interoperable with the Ethereum blockchain. Polygon is aiming to be Ethereum's internet of blockchains, connecting EVM compatible networks together in a scalable multi-chain Ethereum ecosystem. You can get an idea of the success of the network from its market cap. With one of the larger layer-2 market caps, it shows that the Polygon platform has built a successful crypto ecosystem. For any investment advice, always consult a licensed professional that has experience with managing retail investor accounts.

What is the MATIC token?

The token is an ERC-20 token that is used for paying transaction fees, staking and governance in the Polygon ecosystem. If demand for the token continues to rise, then the current price may climb.

Where can I store the MATIC token?

You can store MATIC in your free crypto wallet from Cointree. As one of the safest and most secure cryptocurrency exchanges, you can rest assured that your crypto investments will be protected with the highest levels of security. As always, we encourage you to use two factor authentication to further secure your account. In fact, you can store all of your digital assets alongside your AUD in your free multi-coin crypto wallet. Alternatively, you can store your MATIC in a hardware wallet like Ledger.

Buy Matic Network (MATIC)

Use the price calculator below to enter the amount of AUD you want to buy in Polygon. You can also switch to convert MATIC to AUD.

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Why is Cointree the best place to buy Matic Network in Australia?

Easy and convenient

It's so easy to get started on Cointree that you can deposit Australian dollars to your account and start trading Polygon (MATIC) in minutes.

Fast and transparent

Quickly set up your account and make a payment to fund your account instantly, ready to buy Polygon on our exchange.

Safe and secure

Your digital currency and account are always protected on our AUSTRAC regulated Australian exchange with bank-level encryption.

Made for you

Our digital currency exchange is designed for every individual trader with a portfolio tracker, the top portfolios, and helpful trading tools.

What can you do with your Matic Network?

Deposit Matic Network

Link your Cointree account to any other wallet to transfer Matic Network between your two accounts. Easy and instant.

Hold Polygon

You can buy and hold Polygon as a long-term investment. As the ecosystem grows, some investors expect value to accrue to the network token.

Trade Polygon

Trade the digital asset for any other cryptocurrency listed on our platform, such as bitcoin, Ethereum, Solana, Yearn, Sushi or another DeFi protocol.

Send Polygon

When you buy Polygon on our exchange, you can send it to another cryptocurrency wallet in Australia or across the globe.

Spend Polygon

You can use digital currency to spend in physical stores, thanks to the growing intersection between the digital and real economy.

Learn About Polygon

As you make your first Polygon purchase, learn about the exciting world of crypto in Australia, with everything from [Ethereum 2.0](https://www.cointree.com/learn/what-is-ethereum-2/) to [web3](https://www.cointree.com/learn/what-is-web3/).

Buy Polygon right now

Make a bank deposit and start trading today.