Polygon (POL) has emerged as one of the most promising Layer-2 blockchain platforms, offering scalable, secure, and user-friendly solutions for Ethereum-based applications. With the recent transition from MATIC to POL under the Polygon 2.0 upgrade, investors are increasingly looking to acquire the new native token. But where and how should you buy POL?
This comprehensive guide walks you through the best platforms, payment methods, investment strategies, and security practices—helping both beginners and experienced users make informed decisions.
Where to Buy Polygon (POL)?
With numerous exchanges, brokers, and investment platforms now supporting POL, choosing the right one can feel overwhelming. Here’s a breakdown of the most reliable options:
✅ Crypto Exchanges
Ideal for those who want full ownership of their tokens. These platforms allow you to buy, store, and manage real POL coins. Top picks include:
- Bitvavo – Beginner-friendly with low fees
- Bitpanda – Strong EU regulation and staking support
- Kraken – High security and advanced trading tools
👉 Discover the easiest way to start investing in Polygon today.
✅ Derivative Trading Platforms
For active traders who want to speculate on price movements without owning the asset. Leverage is available, but risk is higher.
- Bitget – Offers futures and high-leverage trading
- BingX – User-friendly interface for derivatives
✅ Neobrokers (for ETF-like Access)
If you prefer regulated financial products without managing wallets:
- Scalable Capital
- Finanzen.net ZERO
Note: True Polygon ETFs are not yet available in Germany, but ETPs (Exchange Traded Products) offer a compliant alternative.
✅ Savings Plan Providers
Automate your investment with recurring purchases:
- Bitvavo
- Bitpanda
- Bison
Should You Buy Real POL or Trade Derivatives?
Your investment goals determine the best approach.
🟢 Buying Real Polygon (POL) Tokens
When you purchase actual POL tokens, you gain full control over your assets. This means you can transfer them to a private wallet, stake them for rewards, or hold long-term with tax advantages.
Advantages:
- Full ownership and control
- Eligible for staking rewards
- Tax-free gains after holding 12 months (in Germany)
- Can participate in network governance
Considerations:
- Requires secure storage (e.g., hardware wallet)
- Transaction fees apply when transferring
- Self-custody responsibility
💡 Core Insight: In Germany, capital gains from crypto are tax-free if the asset is held for more than one year. This makes buying real POL especially attractive for long-term investors.
Top platforms for buying real POL: Bitvavo, Bitpanda, Kraken
🔻 Trading Polygon Derivatives (CFDs, Futures)
Derivatives let you profit from price changes without owning the underlying token. Suitable for short-term traders.
Advantages:
- Use leverage to amplify returns
- Profit from falling prices (short selling)
- No need to manage wallets
Risks:
- High volatility increases potential losses
- Not suitable for beginners
- No staking or governance rights
- Gains always taxable
Recommended platforms: Bitget, BingX
👉 Learn how professional traders use smart strategies to maximize crypto returns.
Can You Buy Polygon via ETF or ETP?
While a true Polygon ETF isn’t available due to current EU UCITS regulations, ETPs provide a regulated alternative.
What’s the Difference?
- ETFs/ETPs track the price of POL but don’t grant ownership.
- Traded through traditional brokerage accounts.
- No technical knowledge or wallet needed.
Pros & Cons:
| Pros | Cons |
|---|---|
| Regulated and secure | No direct token ownership |
| Easy access via stock brokers | Management fees apply |
| Suitable for conservative investors | Limited availability |
Best brokers for ETPs: Scalable Capital, Finanzen.net ZERO
Step-by-Step: How to Buy Polygon (POL)
Follow these five simple steps to securely acquire your first POL tokens.
1. Choose Your Investment Method
Decide whether you want:
- Direct ownership (via crypto exchange)
- Automated savings (via a POL savings plan)
- Short-term speculation (via derivatives)
For most users, especially beginners, buying real POL on a regulated exchange like Bitvavo is the best choice.
2. Register on a Trusted Platform
Sign up on your chosen exchange. You’ll need to:
- Provide personal details
- Create a strong password
- Complete identity verification (KYC)
Most platforms verify your ID within minutes using a passport or driver’s license.
3. Deposit Funds
Add money using one of these common methods:
- Bank transfer – Low fees, slower processing (1–3 days)
- Sofortüberweisung – Instant, slightly higher fees
- Credit card – Fastest option, highest fees (~1.5–3%)
- PayPal – Available on select platforms like Kraken
👉 See which platform offers the fastest and cheapest deposit options.
4. Buy POL Tokens
Once funds are in your account:
- Search for “POL” or “Polygon”
- Enter the amount you wish to buy
- Confirm the transaction
Many platforms also let you set up recurring buys via savings plans, helping you average out market volatility.
5. Secure Your Investment
After purchase, consider transferring your POL to a secure wallet—especially if holding long-term.
Key Tips Before Buying Polygon
🔹 Understand Fees
Trading fees vary significantly across platforms:
| Platform | Average Trading Fee |
|---|---|
| Binance | 0.10% |
| Bitget | 0.10% |
| Bitvavo | 0.20% |
| Kraken | 0.26% |
| Bison | 1.25% |
| Bitpanda | 1.49% |
| Coinbase | 1.99% |
Tip: Bitvavo offers a balanced mix of low fees, ease of use, and German regulatory compliance.
🔹 Timing Your Purchase
Trying to time the market perfectly is risky. Instead, consider:
Using a savings plan to invest regularly—this leverages the dollar-cost averaging (DCA) effect, smoothing out price fluctuations over time.
If you believe in Polygon’s long-term vision—scalable Ethereum infrastructure, enterprise adoption, and decentralized governance—then consistent investment makes sense regardless of short-term price swings.
🔹 Store POL Safely
Leaving tokens on an exchange exposes you to platform risk. For better security:
- Use a hardware wallet (Cold Wallet): e.g., Ledger Nano S Plus
- Or a trusted software wallet (Hot Wallet): e.g., MetaMask
Cold wallets are offline and immune to hacking—ideal for long-term holdings.
🔹 Know the Tax Implications
In Germany:
- ✅ Held over 12 months: Profits tax-free
- ❌ Sold within 12 months: Gains above €600 taxable
Keep accurate records of all transactions for tax reporting.
Frequently Asked Questions (FAQ)
Can I still buy MATIC or only POL now?
No, MATIC is no longer tradable. The original MATIC token has been fully replaced by the new POL token as part of the Polygon 2.0 upgrade. Any search for "buy MATIC" now refers to acquiring POL—the new utility and governance token of the Polygon ecosystem.
Why can’t I find any platforms that sell MATIC anymore?
Because Polygon has officially migrated from MATIC to POL. All legitimate exchanges have updated their systems. You can only buy POL moving forward—it represents the next phase of Polygon’s evolution.
Is it still worth buying POL today?
Yes—for strategic investors. Polygon remains a leading Layer-2 scaling solution for Ethereum, powering major DeFi, gaming, and NFT projects. With institutional partnerships and technological upgrades underway, early adoption of POL could offer long-term value—especially with staking and governance participation.
Which platform allows POL staking?
We recommend Bitpanda for hassle-free POL staking. It offers transparent reward rates, easy setup, and reliable payouts—perfect for users who want passive income without technical complexity.
Can I buy POL with PayPal?
Yes, but only on select platforms. Kraken supports PayPal deposits for purchasing POL and other cryptocurrencies.
Is there a Polygon ETF available in Europe?
Not yet. Due to current financial regulations (UCITS), true crypto ETFs aren't approved in Germany or much of Europe. However, ETPs listed on stock exchanges offer similar exposure and are available through brokers like Scalable Capital.
Final Thoughts
Buying Polygon (POL) is straightforward once you understand your options. Whether you're a beginner looking for simplicity or an advanced user exploring derivatives and staking, there's a path that fits your goals.
For most people, we recommend:
- Purchasing real POL on a regulated exchange like Bitvavo or Bitpanda
- Setting up a savings plan to average entry costs
- Storing tokens securely in a cold wallet
- Holding for over 12 months to benefit from tax-free gains
Polygon’s shift to POL marks a pivotal moment in its journey toward decentralization and scalability—making now a compelling time to get involved.
Stay informed, stay secure, and invest wisely.