How to Buy Matic Network (MATIC)

A Step-by-Step-Guide on how to buy Matic Network (MATIC)

Step 1 – Signup to Coinbase and get 10$ for free

In the beginning you'll need to buy one of the bigger currencies. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Click below to register and to get your welcome 10 Dollar.

Coinbase Free Bitcoin

Binance Signup
Step 2 – Send Your ETH (Ethereum) or BTC (Bitcoin) to an Exchange

Your Bitcoin or Ethereum has to be sent over to an Exchange now. Every exchange has a deposit form that is identical. Matic Network (MATIC) is obtainable on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Exchange? (Just follow this how-to)

Make sure you've chosen the precise coin you wish to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etc. In the case you're working with a decentralized exchange, like Airswap or DDEX could be different (Just follow our how-to).

Step 3 – Find Matic Network (MATIC)

Once your deposit has been verified, you'll immediately have access to your finances and you can start invest and trading. To purchase Matic Network (MATIC) on Binance, you'll want to hover over the tab which is called “Exchange” and then click on “Basic”.

To locate Matic Network (MATIC), you'll need to put the shortname of the coin (MATIC) into the search box, which is marked in the graphic. Make sure you have choosen the proper pairing, we've marked this too. Click on “MATIC/BTC” to go ahead.

Binance Hot To Buy Matic Network (MATIC)
Binance How to Buy (MATIC) Matic Network
Step 4 – Purchase Matic Network (MATIC)

After you've spotted Matic Network (MATIC), you will be presented with a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the image). And now we're creating our own Limit Order.

The field with the “Price” tag will be filled with the latest valuation Matic Network (MATIC) was sold for. This can be changed to your desired price. The field with the “Amount” tag is the amount of MATIC you want to buy. The field with the “Total” tag is the whole price in Bitcoin that you will pay for the complete amount of MATIC.

If you're glad, make a mouse click on “Buy MATIC”. Your plan will be filled as soon as a Seller sells their MATIC for the price you gave.

Step 5 – Withdraw Matic Network (MATIC)

Unless you are frequently trading, best advise is not to keep crypto coins on an Crypto Exchange for an extended period of time. In order to take off your Matic Network (MATIC), hover over the ”Funds” tab and click on “Withdraw”. Matic Network (MATIC) can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Matic Network (MATIC) by using the given drop-down box. Drop in the quantity of Matic Network (MATIC) you'd like to take off. Take into account the presented minimus/fees. Also make sure you have filled your correct withdraw address.

When you are satisfied, make a mouse click on “Submit”. You could be requested for phone/email verification ahead of a withdrawal.

Binance Withdraw

Congratulations! You've successfully purchased and stored Matic Network (MATIC).

That's it!

Take offs from Cryptocurrency Exchange can take anywhere from 1 – 30 minutes (rely on usage of the network). As soon as you have confirmed your withdrawal using Etherscan.io or Ethplorer.io and the Matic Network (MATIC) is safe in your wallet, you are all done.