Quick summary: Our recommendation is to use the crypto exchange Swyftx to buy Polygon. They have over 300 cryptocurrencies available, have a fantastic app and great customer support. You also get $20 free BTC once you start trading!

Sign up with Swyftx


Australia has a decent number of reliable and regulated crypto trading platforms, so it’s quite easy finding an exchange that has Polygon. While each one comes with its own feature-set and fee structure, most crypto exchanges function very similarly when it comes to buying crypto.

Let’s get into it!

How to Buy Polygon in Australia

There are only 4 main steps involved and it’s pretty straightforward:

  1. Choose a crypto exchange
  2. Sign up with the exchange
  3. Fund your account with AUD
  4. Buy Polygon

1. Choose a crypto exchange

As mentioned above, we have plenty of options when it comes to Australian crypto exchanges. While that’s great, you ideally want to do a bit of research so you can use one that has a decent fee structure and more importantly, has Polygon in its list of cryptocurrencies.

Personally, we really like Swyftx, they have over 300 cryptocurrencies, a very smooth process for buying crypto, and their support team has been fantastic.

And if you sign up through our site, you’ll get 20$ worth of free BTC once you start trading, which is always nice.

So for this guide on buying Polygon, we’ll be using Swyftx as the exchange to go through. Any exchange would work of course, as long as they offer Polygon.

If you’d like to know more about which exchanges we recommend, look at our comparison of the easiest crypto exchanges.

2. Sign up with the crypto exchange

Once you’ve decided on which exchange to use, it’s time to sign up.

Sign up with Swyftx and grab $20 free BTC.

Swyftx has a very streamlined sign-up process in place. The first step is to fill in the sign-up form.

Next up is to go through their basic verification process, called a KYC, which is required by law here in Australia. This should be very quick and easy.

Once done, it’s time for the next step.

3. Funding your account with AUD

To buy Polygon, you first need to transfer AUD to your Swyftx account using one of the many deposit methods available. From bank transfer to PayID, POLi pay and credit cards, plenty of options to choose from.

Swyftx Deposit Methods

4. Buy Polygon

The final step is to go to their asset list, find Polygon, navigate to the buy section, and then trade your AUD for some MATIC. Once you’ve bought Polygon, you can track how much you’ve gained or lost either in the app (they have a great app), or on desktop on the left-hand side under your cryptocurrency list.

Where to Buy Polygon (MATIC)

Swyftx logo5/5300+ cryptocurrenciesVisit Swyftx
CoinSpot logo4/5200+ cryptocurrenciesVisit Coinspot
binance logo3/5400+ cryptocurrenciesVisit Binance

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How to Sell Polygon

If you’re thinking about selling Polygon, just follow the steps below.

  1. Sign in to the crypto exchange (like Swyftx).
  2. Click on Polygon in your list of cryptocurrencies, or find your trading account if you’re using an exchange with different accounts.
  3. FInd the sell section and sell Polygon for AUD, or trade it for another cryptocurrency.

Frequently Asked Questions

Is buying Polygon in Australia legal?

Yes, you can legally buy and trade cryptocurrencies in Australia. We do of course recommend only using crypto exchanges regulated by AUSTRAC.

How to buy Polygon with PayPal?

Unfortunately, most crypto exchanges in Australia don’t support PayPal. The only exchange that you could use is eToro, but their cryptocurrency list is quite limited so you might not find Polygon. Have a look on their site first, you might be lucky.

How to buy Polygon with a credit card or debit card?

Most top exchanges support buying crypto with a credit or debit card. We would recommend Swyftx to buy Polygon with your credit/debit card.

About Polygon

Polygon, formerly Matic Network, is the first platform to allow for simple and well-structured scaling Ethereum. Polygon SDK is the core component of this platform. This flexible and modular framework is able to support multiple types of applications.

You can find more information on this project at our deep dive Polygon Matic.

Polygon can be used to create ZK chains, optim rollup chains, stand-alone chain and any other type infra required by the developer.

Polygon converts Ethereum into a multi-chain system (aka Internet of Blockchains). This multi-chain system has similarities to other systems such as Cosmos. With the benefits that Ethereum's security offers and its vibrant ecosystem.

$MATIC token will continue to exist and play an increasingly important role in the security of the system and in enabling governance.

Polygon, previously Matic Network, was a Layer2 scaling solution Binance and Coinbase supported. This project is designed to promote mass adoption of cryptocurrency, solving scaling issues on multiple blockchains.

Polygon is a combination the Plasma Framework and the proof-of-stake blockchain architecture. As suggested by Vitalik Buterin, co-founder of Ethereum, the Plasma Framework allows for the execution of scalable and autonomous smart contracts.

The existing ecosystem that is built around Plasma-POS will not be affected. Polygon is working on new features that will enhance the technology's capabilities to meet the needs of developers. Polygon will continue to enhance the core technology in order to make it more flexible to larger communities.

Polygon can process 65,000 transactions per second on a single sidechain. It has a respectable block confirmation time of less than 2 seconds. This framework allows for the creation of decentralized financial apps that can be used worldwide using a single foundational Blockchain.

Polygon allows unlimited number of decentralized applications to be hosted using the Plasma framework. This is without the need for proof-of-work Blockchains. Polygon has attracted more than 50 DApps to its PoS-secured Ethereum sidechain.

MATIC, the native tokens of Polygon, can also be described as an ERC-20 token running on the Ethereum blockchain. These tokens can either be used to purchase services on Polygon, or as settlement currencies between users in the Polygon ecosystem. To pay transaction fees for Polygon sidechains, MATIC tokens can be used.