How to Buy Matic Network (MATIC)

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

Step 1 – Signup to Kraken

You'll first need to purchase one of the top-tier coins. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Click the button below for registration and receive BTC (Bitcoin) or ETH (Ethereum).

Binance Signup
Step 2 – Transmit Your Bitcoin or Ethereum to an Crypto Trader

Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is alike. Matic Network (MATIC) is obtainable on Binance, so we're going to use that as an illustration. Unsure on how to send funds from Coinbase to an Crypto Trader? (Follow this manual)

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

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so forth. In the case you are using a decentralized exchange, like Airswap or DDEX could be different (Follow these easy steps).

Step 3 – Find Matic Network (MATIC)

Once your deposit has been confirmed, you will directly have access to your assets and you can launch buying and trading. To purchase Matic Network (MATIC) on Binance, you will want to hover over the ”Exchange” tab and then mouse click on “Basic”.

In order to locate Matic Network (MATIC), you will need to insert the cointype (MATIC) into the search-box, which is highlighted in the picture. Be certain of having selected the proper pairing, we have highlighted this also. Click on “MATIC/BTC” to advance.

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

As soon as you have found Matic Network (MATIC), you will be given a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the picture). And now we are creating our own Limit Order.

The ”Price” field will be filled with the most latest price Matic Network (MATIC) was sold for. This can be changed to your preferred price. The field with the “Amount” tag is the quantity of MATIC you want to buy. The ”Total” field is the whole price in BTC that you'll pay for the whole quantity of MATIC.

When you're happy, make a mouse click on “Buy MATIC”. Your plan will be filled as soon as a Vendor sells their MATIC for the price you submitted.

Step 5 – Withdraw Matic Network (MATIC)

Unless you're frequently trading, best advise is not to keep crypto coins on an Cryptocurrency Exchange for an longer time period. In order to withdraw your Matic Network (MATIC), go to the tab called “Funds” and click on “Withdraw”. Matic Network (MATIC) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find Matic Network (MATIC) by using the given drop-down box. Put into the amount of Matic Network (MATIC) you would like to withdraw. Don't forget the displayed fees/minimums. Also make sure you have filled your precise withdraw address.

When you're glad, click “Submit”. You may be requested for verfication via phone/email ahead of a take off.

Binance Withdraw

Kudos! You've successfully bought and safed Matic Network (MATIC).

That's it!

Take offs from Exchange can take anywhere from 1 – 30 minutes (depending on usage of the network). Once you've confirmed your take off using Ethplorer.io or Etherscan.io and the (MATIC) Matic Network is stored within your wallet, you are done.