What is Polygon Ecosystem Token (POL)?
Polygon Ecosystem Token (POL) is the native token of the Polygon ecosystem. It replaces MATIC and serves as the gas token on Polygon Chain, which means POL is used to pay transaction fees on that network.
POL is also designed to support Polygon's expansion as an aggregated network of blockchains.
How to buy Polygon Ecosystem Token (POL) in the Crypto.com App
With the Crypto.com App, the basic buying flow is:
- Create an account and complete the required verification.
- Deposit funds via bank transfer, credit/debit card, Apple Pay or Google Pay, or transfer crypto.
- Tap 'Buy' and search for Polygon Ecosystem Token.
- Enter the amount in US dollars (USD) and tap 'Confirm.'
Trading is subject to account verification and eligibility.
Can you buy a fraction of POL?
Yes. You don't need to buy a whole token. US investors can purchase fractional amounts of Polygon Ecosystem Token from as little as US$1.
Before confirming, check the amount and payment method. Transaction fees and spread may apply.
How can USD deposits affect the cost of buying POL?
For US-based users, US dollars (USD) are the primary fiat currency accepted. You can deposit USD via ACH or wire transfer to your Fiat Wallet, then use that balance to buy Polygon Ecosystem Token.
Depositing USD directly via Local Bank Transfer can help avoid foreign exchange fees. Crypto.com does not charge fees for USD deposits via local bank transfers, but your bank might, so check with your bank first.
