🔥 Buy Polygon Instructions | Paypal, Credit Card & SEPA

Again and again you find yourself looking for one Cryptocurrency who sometimes has the same success story as the Bitcoin will write. But is it even possible for Bitcoin history to repeat itself? Why not.

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One cryptocurrency that falls into the interesting category may be polygon. But is it worth buying coins of this digital currency or should you stay away from Polygon?

Buy Polygon from Germany, Austria & Switzerland Instructions:

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Who visites Cryptocurrency coins If you want to buy Polygon, you first need access to the crypto market. This is where the so-called cryptocurrency exchange comes into play. But you can also try an online broker who creates access so that you can work with crypto currencies. It is important that you should know the not so small difference between the cryptocurrency exchange and the online broker, so that you do not have to determine that you have chosen the wrong platform. Speaking of the wrong platform: At this point, it should be emphasized that for the rest of the process - whether you speculate with the price of a digital currency or buy coins in a cryptocurrency directly - it does not matter whether you live in Switzerland, Germany or in Austria. Much more important is the choice of platform on which to work. Therefore, it is also advisable to compare the brokers such as cryptocurrency exchanges in advance.

Investment

On the part of the Cryptocurrency exchange direct access to the crypto market is provided. Then the crypto fan can invest in one or the other or in several crypto currencies - you can of course also buy digital coins of the crypto currency Polygon. In other words, you buy coins in your favorite cryptocurrency, then transfer the digital coins you have purchased to your wallet, which is your digital wallet, and are then happy when the price of the cryptocurrency climbs up. This is because the increase in the price of the cryptocurrency also increases the assets invested and thus makes a profit. So you will be able to recognize certain connections to stocks or raw materials or find out that the principle is well-known: buy cheap and sell high - the difference is the profit. So you exchange your fiat money, for example 300 euros, for a certain crypto currency - and that can be the digital currency polygon, among other things, if you are of the opinion that the price will rise in the foreseeable future.

Because with the digital currency polygon there is a crypto currency on the market that should be looked at in more detail, as an interesting future could arise here. In 21st place in the ranking of the top crypto currencies according to market capitalization, the digital currency may well be known in the community and was also able to attract attention with a bull run in May.

If the cryptocurrency reaches the self-set price level, you can initiate the sale of the coins and look forward to a profit, which then arises. However, it must be said at this point that the entire stock of digital coins does not have to be sold at once. It is also possible to only sell parts of the inventory. If the polygon reaches the limit X, a certain part is sold - if the hurdle Y is skipped, another part is sold. And if the price goes down again, then nothing speaks against investing again.

But you can also access the market via an online broker and then work with the crypto currency Polygon. But only if the online broker also provides the service of trading with crypto currencies. In this case, however, there is always only speculation with the development of the price of the digital currency. In the end, you don't buy digital coins, you just bet on whether the price of the digital currency will rise (you open a long position) or a correction will occur (you open a short position).

You should be aware from the outset that the market is extremely volatile and can always cause surprises, both positive and negative. What can that mean if you plan to pump money into the polygon cryptocurrency? Anyone who misjudges the future development of the cryptocurrency here must ultimately expect high losses. Of course, the amount of the loss also depends on how high the stake was. For this reason, it is important to only ever invest freely available money in the market. Of course, if the price of the cryptocurrency then moves in the direction the trader wants, you can also book very high profits. Volatility can be an advantage, but it can also become a disadvantage that should not be underestimated.

If you are not yet sure whether you want to invest in crypto currencies or speculate with the price of a certain crypto currency, you are particularly well advised at this point if you look in the direction of the provider eToro. Because with eToro there is a provider who not only provides the services of an online broker, but also offers the services of a cryptocurrency exchange at the same time. The advantage of dealing with this unusual combination? You can speculate about the development of the price of your favorite crypto currency via the broker eToro, but you can also buy coins from crypto currencies and transfer them to eToro's internal wallet. Here it is possible to be successful with two different strategies.

The broker eToro, which is not only an online broker, but also provides the services of a cryptocurrency exchange, is regulated by the Cyprus Securities and Exchange Commission - or CySEC for short. Fraud and dubious machinations can therefore be ruled out. But why is the Cypriot Financial Regulator looking into eToro? This is due to the company's headquarters. The head office of eToro is just in Cyprus.

eToro


eToro also scores with the fact that so-called social trading is made available here. Social trading may be a relatively new and not an everyday strategy that is particularly recommended for beginners, although there are also many experienced traders and professionals who like to work with social trading. But why does social trading seem to be gaining popularity? Ultimately, you take over the strategies as well as decisions from other traders. These are usually those traders who are particularly successful or who already have appropriate experience. Thus, if you copy the strategies, you can participate in the successes of the traders.

However, it should also be noted that there is no guarantee of profits. Even the most experienced trader, who has been making a living by trading for what feels like forever, can make mistakes and misjudge market developments. Losses can always be possible - no matter how much experience you have already gained. Therefore, one should also take into account at this point that one remains cautious and does not invest any money that one needs for certain expenses. No matter which strategy you ultimately decide on or how promising it may be: The money must always be freely available - capital that has already been reserved must never be invested. The risk of getting into financial difficulties because the market is not developing as desired is clearly too high.

 

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If you find that the broker comparison has shown that the offer from eToro corresponds to your personal expectations, you can start with the registration right away. And you will notice that eToro has taken meticulous care to install a process that makes beginners feel welcome.

Step 1: Register with eToro

Registration only takes a few minutes. Probably also for the reason that the verification process is dispensed with at the beginning. The verification is only started after the trader wants to have the first credit paid out.

The fact that the registration process ends relatively quickly and seems uncomplicated ultimately means that you are trying to address beginners and offer them a platform - without obstacles and without nasty surprises. In the end, you want to create a feel-good atmosphere here and try to get the new customers excited as quickly as possible and not even think about leaving the provider.

Markets

In the course of the registration, a few personal data must then be provided: This includes, among other things, the first and last name and the e-mail address as well as a user name, which can be chosen by the new customer. At the end you have to create your own password. At this point you should note that you are using a combination of uppercase and lowercase letters, special characters such as digits. Thus, the security can be increased to an absolute maximum.

If the registration was then successfully completed, you can deal with the first deposit in order to subsequently be able to use the services of the broker with crypto currency exchange function.

Login

Step 2: Deposit with PayPal, credit card or instant transfer 

The online broker scores with a wide range of deposit options. This is well worth mentioning, because if you look at the deposit options of the competition, there are a large number of providers who only accept bank transfer or credit card - and here often only from MasterCard or VISA. The variety that eToro provides is only available in very few cases and should therefore be clearly highlighted as positive.

eToro provides a few deposit methods so that in the end you can probably access your personally preferred variant. You can top up your account here with various eWallets or with the online payment service PayPal. Above all, the online payment service PayPal deserves a special mention here, as it is a very popular and also safe way of subsequently topping up the account. A clear plus point: Transactions take place in real time - the money is available in the eToro account after a few minutes if the PayPal service is used. That means you can buy Coins from Polygon immediately.

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If, on the other hand, you opt for the traditional transfer, i.e. the almost old-fashioned bank method, then you have to be patient for around two to four working days until the money is finally available in the eToro account and can be used to buy coins from the crypto currency Polygon to be able to buy. Ultimately, this is only of interest to all those traders who do not want to invest money in the market straight away. But if you want to invest with the online broker on the same day, you have to choose another payment option - for example PayPal or credit card.

Once the transaction has been completed and the money is available in the eToro account, you can buy digital coins of a certain crypto currency, such as Polygon, or deal with price speculation.

‍Step 3: Buy and Sell Polygon 

This process is also straightforward. At the beginning, the trader only specifies the amount, which is subsequently invests and the broker eToro then calculates, based on the current price of the crypto currency Polygon, how many coins would subsequently be transferred to the wallet. But you can also specify the number of coins you want to buy and then receive information on the same basis as to how high the amount to be invested must be.

If you are satisfied with the offer, you confirm the transaction and the coins are transferred to the internal wallet. But you can also choose an external provider. At eToro there is absolutely no obligation to choose the broker's wallet.

If you click on the button X2, you start with the price speculation. No coins are bought now. It's all about being right about whether the price will rise or fall. That is also the reason why no digital wallet from eToro has to be used in the course of the price speculation with Polygon.

Buy polygon deposit methods

If you are not sure which payment method should be used to deposit money into the eToro account, then you can deal with the different variants. eToro convinces with a wide and very varied variety of deposit options. It is important that you personally clarify which payment option you would like to use. It is also advisable to deal with the various advantages and disadvantages if you are unsure about how the account should ultimately be capitalized. The focus will of course be on the waiting time. Because depending on the chosen deposit method, the money is available in the eToro account either after a few minutes or only after a few working days.

Buy polygon PayPal

PayPal

The online payment service is particularly popular PayPal. The payment service is known for the fact that the transfers are carried out in real time - and PayPal is also one of those providers that are considered particularly secure. This means that the money is available in the eToro account a few minutes after the transaction has been confirmed and can be used to speculate on the price or to purchase coins from the crypto currency Polygon. PayPal has been used in many online shops for years, so it may be a well-known payment option that users and customers also like to use.

All those who do not yet have a PayPal account but want to capitalize on the eToro account can open an account immediately. Registration only takes a few moments and will not pose any challenges even to beginners. At this point it should be mentioned that the online payment service PayPal is not offered or accepted by all online brokers. So if you have the idea of ​​only wanting to work with PayPal, you have to check in advance whether the service is accepted by the broker at all.

Buy Polygon Sofortüberweisung

Another payment option may be the instant transfer, in order to be able to transfer money in real time, as the name suggests. Probably the biggest advantage that instant transfer offers compared to the online payment service PayPal? You do not need the service of another provider. With the Sofortüberweisung you access your bank account. The instant transfer is the classic bank transfer - but with the difference that the money is not available in the account after two to four working days, but immediately. The alternative for all those who do not want to open a PayPal account.

Polygon buy credit card 

Real-time transfers are also possible if you want to use a credit card. Here, however, it must be ensured in advance whether the Credit card company is also accepted by the broker. If this is not the case, you have to choose a different payment method. The Diners Club credit card cannot be used if, for example, only MasterCard or VISA are accepted.

Furthermore, your own credit card limit must be taken into account. This means that you should already know what the amount of credit available is. As a rule, online brokers accept VISA and MasterCard credit cards. If you have one of the two credit cards, you will probably never have problems or difficulties in the course of the deposit methods, but can always take your credit card to hand.

Buy polygon with Paysafecard

The account can also be topped up with the paysafecard. However, it should be noted that it is not possible to pay out the credit to the paysafecard - in this case another payment method must be selected.

‍Like Buy and Sell Polygon

etoroPage

If you want to buy coins of the crypto currency Polygon, then you have to clarify personally at what price you want to get in - i.e. buy coins. This is also the case if you pursue the strategy of wanting to sell the coins at a profit over time. This means that you should set a few personal limits in advance to which you can then buy or sell.

‍ Buy a polygon without registering

It is not possible to buy without registering. This is because access to the crypto market is provided by an online broker or a crypto currency exchange - and here you have to register in advance.

‍ Buy polygon anonymously

Anonymous buying is also not possible. In the course of each registration, a few personal details must be given.

‍ Buy polygon without verification

At eToro, the verification does not start until the first payment is requested. It is therefore possible to buy without verification.

‍Where to buy Polygon cheapest: Crypto exchange fees comparison

If you invest your money in cryptocurrencies, it is important that you get an overview in advance of how high the fees may be. Only if you have dealt with the provider's fee model and have been able to clarify for yourself that you agree with it, the broker's or stock exchange's offer can be used.

 


eToro

Plus500

Libertex

Deposit fee

-

-

-

Withdrawal fee

$ 5

1,9%

-

Purchase fee

1,9%

3,08%

0,41%

Holding fee

-

0,05%

-

‍ Buy polygon or not: Is it worth buying polygon

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A look at the price history shows that Polygon was in the range of $ 0,01 after market launch. With the soaring of the crypto market in early 2021, the price of Polygon also began to rise - to 2,62 US dollars. However, the record high is (as of mid-September 2021) 43 percent away.

That speaks for an investment. Especially with a view to the fact that the entire crypto market will get stronger in the foreseeable future, according to the experts.

‍Other special features when purchasing a polygon

The Polygon platform wants to get rid of the scaling problems with which the Ethereum platform is struggling so that cheaper and faster transactions are possible here. For this, Polygon uses "sidechains". These run parallel to the Ethereum blockchain. That is also the reason why these transactions can then be processed cheaper and faster.

Buying a polygon Conclusion: This is the best way to buy a polygon

No matter whether you are speculating with the price or buying coins - the crypto market should not be underestimated. However, due to the fact that the price of the cryptocurrency is around 1,50 US dollars, a corresponding number of coins can be purchased with little investment.

 

 

 


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Callie Machalat

Callie Machalat from Bitcoin-News.one understands the information needs of the crypto community members, traders, researchers and developers looking for reliable information to understand and participate in the crypto revolution.

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