How we help you buy Polygon

Unlike other sites, we let you compare more than a dozen exchanges where you can buy Polygon (MATIC/POL) based on trading fees and payment methods, meaning it's easier to find the cheapest and easiest places to buy Polygon.

Buy Polygon (POL/MATIC) in 5 steps

POL (formerly MATIC) is the utility token of the Polygon crypto network.

The easiest and cheapest place to buy Polygon in Australia is via a dedicated cryptocurrency exchange.

You can follow the steps below to get started:

1. Compare exchanges. The simplest way to buy POL is via a crypto exchange that supports AUD. You'll also want to find an exchange that offers competitive trading fees.
2. Open an account. Once you've chosen an exchange, sign up for an account and verify it using a form of photo ID like a passport or drivers licence.
3. Deposit funds. Once you've been verified, you'll need to deposit funds to the exchange by bank transfer, card or by crypto transfer. You could also want to use the exchange's instant buy feature if you're looking for a simple way to buy, but keep in mind that this will likely attract much higher fees.
4. Buy Polygon. Once your funds are ready, search the exchange for "Polygon", "POL" or "MATIC", enter how much you want to buy in AUD or POL/MATIC and click "Buy".
5. Secure your Polygon. You may want to transfer your POL/MATIC to a personal crypto wallet to protect against some of the risks of keeping it on an exchange, such as hacks, scams or platform bankruptcy.

Our picks for the best places to buy

Where to buy Polygon (POL/MATIC) in Australia

You can buy Polygon on many of the biggest crypto exchanges in Australia.

Compare crypto exchanges that let you buy Polygon based on their payment methods below:

What is the cheapest way to buy Polygon?

The best place to buy Polygon in Australia is via a crypto exchange that lets you deposit AUD for free and offers Polygon (POL/MATIC) spot markets, like Kraken or OKX.

A spot market is like a marketplace where you can buy and sell cryptocurrencies directly with other users. This means you can actually set the price you want to buy Polygon at (known as a "limit order"), instead of simply getting the current price.

Spot markets also offer much lower trading fees than instant purchase options, which can charge more than 10 times as much as the spot market.

Unfortunately, there are no exchanges in Australia that offer POL/MATIC spot markets in AUD, meaning you'll first need to exchange your AUD for another crypto like USDT before you can trade Polygon.

What will I need to buy Polygon?

You'll need the following if you want to buy Polygon via a crypto exchange:

1. ID document. When you create an account with a crypto exchange, you'll need to verify your identity before you can start trading. To do so, you'll need to submit an ID document like a passport or drivers licence.
2. Payment method. In order to buy Polygon, you'll also need a payment method. Many exchanges let you deposit funds via bank transfer without charging any fees, which means it's normally the cheapest way to deposit money. You may also be able to deposit via debit or credit card, but will likely be charged a fee to do so.

What is Polygon?

Formerly known as the Matic Network, Polygon can be best described as a decentralised framework that enables the creation of interconnected blockchain networks.

The platform looks to iron out many of the throughput and high transaction fee-related issues that the Ethereum network is routinely faced with via the use of several different novel sidechain solutions.

In addition to providing users with a full-fledged scaling platform, Polygon is also designed to facilitate blockchain interoperability-related transactions via modules that are capable of providing developers with certain niche tools which they can use to devise their very own sovereign blockchains.

MATIC is the native cryptocurrency of the Polygon network and is used for a variety of purposes such as providing owners with voting rights in regard to various governance-related issues (especially those related to Polygon Improvement Proposals (PIPs), bolstering the security of the network via staking and facilitating gas fee payments.

Is Polygon a good investment?

Below are the aspects you should consider before investing in MATIC:

• Interoperability: Polygon is one of the few projects that seek to tackle the issue of blockchain interoperability as well as scaling, even trying to address many of the 'perceived limitations' of other smart contract platforms such as Polkadot and Cosmos. For starters, Polygon is fully compatible with the Ethereum Virtual Machine (EVM) - unlike Cosmos that makes use of a WASM virtual machine - making it extremely useful for developers accustomed to using the Solidity programming language.
• Multiple scaling solutions: The Polygon network seeks to incorporate multiple scaling solutions - namely Plasma Chains, ZK-Rollups and Optimistic Rollups - into its existing setup to help minimise potential entry barriers for newer clients as well as reduce transaction fees.
• Partnerships: Since rebranding itself in 2021, Polygon has gone on to forge a number of high-profile partnerships with established mainstream entities including Umbria, Atari and OpenPredict.

Polygon (MATIC) AUD live price

Use our graph to track the performance of (MATIC) over time.

Polygon at a glance

Information last updated April 22, 2025 12:04 UTC.

Coin symbol	MATIC
Coin Marketcap	AUD$346,193,689
Total MATIC supply	10,000,000,000
Circulating MATIC	1,737,532,390
Current price	AUD$0.31455904
All time high	AUD$7.2838
Notable team members	Jaynti Kanani, Sandeep Nailwal, Anurag Arjun, Mihailo Bjelic
Partnerships	Atari
Industry	Blockchain scaling
Token uses	Platform fees, staking
Network	Ethereum

Polygon price performance over time

Historical prices compared with the price of $0.31455904.

1 hour	-0.03%
24 hours	4.27%
7 days	9.03%
14 days	14.59%

30 days	-4.95%
60 days	-35.24%
200 days	-47.14%
1 year	-72.10%

Frequently asked questions

• What is the difference between Pol and Matic?

  In 2023, Polygon rebranded its utility token from MATIC to POL as part of its Polygon 2.0 rollout. However, some exchanges may still refer to the token as MATIC