In this article:
Learn how you can interact with the Polygon network with Best Wallet, including how to buy Polygon (POL), how to trade Polygon-based tokens, and how to interact with dApps on the Polygon blockchain.
Intro to Polygon
Polygon is a fast, low-cost blockchain network designed to improve scalability and efficiency for Ethereum-compatible applications. It serves as a Layer 2 solution, meaning it enhances Ethereum’s functionality while maintaining compatibility with Ethereum-based assets and smart contracts.
Originally launched as Matic Network in 2017, Polygon has grown into one of the most widely used blockchain networks. It offers lower gas fees and faster transaction speeds compared to Ethereum, making it a popular choice for decentralized finance (DeFi), gaming, and NFT applications.
Its native cryptocurrency, Polygon (POL), is used to pay for gas fees and interact with smart contracts on the Polygon blockchain. If you want to send tokens, swap assets, or use decentralized applications (dApps) on Polygon, you will need POL in your wallet to cover transaction fees.
Polygon supports a variety of tokens, including native assets and wrapped versions of Ethereum-based tokens (ERC-20), like Tether (USDT),
Interacting with Polygon
To use Polygon, you will need a digital wallet that supports the Polygon network, such as Best Wallet. This will allow you to store and trade Polygon-based assets, as well as interact with dApps built on the network.
Next, you will need Polygon (POL) in your wallet to complete transactions. Since every action on Polygon requires a gas fee paid in POL, it’s important to always have some available.
How to get Polygon (POL) in Best Wallet
There are two main ways to get Polygon (POL) in Best Wallet:
Buy POL directly in Best Wallet
Use our in-app purchase feature to buy POL from trusted third-party providers. Your purchased tokens will be sent straight to your wallet. Read our guide on how to buy tokens like POL in your wallet.
Receive POL from another wallet
You can deposit POL from an exchange or another crypto wallet easily within Best Wallet. Read our guide on how to deposit tokens like POL to your wallet.
Once you have POL in your wallet, you can:
Buy, send, and swap Polygon-based tokens.
Interact with dApps on the Polygon network.
Explore DeFi platforms, NFT marketplaces, and blockchain games.
Key features of Polygon:
Low-cost transactions: Gas fees on Polygon are significantly lower than on Ethereum, making it a cost-effective option for traders and dApp users.
Fast transaction speeds: Polygon can process thousands of transactions per second, reducing delays and congestion.
Ethereum compatibility: Many Ethereum-based dApps and tokens are supported on Polygon, offering a seamless experience for users.
Need help with using Polygon?
Like any crypto network, using Polygon may require some guidance. If you have issues or questions about using the Polygon network in Best Wallet, please don’t hesitate to email [email protected] or open a ticket on our Support site.
Important reminder: Best Wallet will never request your wallet’s private key or secret recovery phrase. Keep this information strictly private and do not share it with anyone.