Simple 3-step guide to buying MATIC today in Malta
Create your free Bitget account
Select a funding method
Complete your Polygon purchase
Step 1: Create a free account on the Bitget website or the app
Step 2: Place an order for Polygon using a payment method of your choice:
Buy Polygon with a debit/credit card
For Visa or Mastercard, select Credit/Debit card, then click Add New Card under the Buy tab.
Credit/Debit in the Buy Crypto tab of the Bitget app
Credit/Debit in the Buy Crypto tab of the Bitget websiteSelect your preferred fiat currency, enter the amount you wish to spend, link your credit card, and then complete your payment with zero fees.
Add a new card to complete your payment on the Bitget app
Enter your bank card details to complete your payment on the Bitget websiteFor Diners Club/Discover card, click Buy Crypto > [Third Party] in the top navigation bar to place your Polygon order.
How to buy crypto with credit/debit cardBuy Polygon with Google Pay or Apple Pay
Converting your Google Pay and Apple Pay balance into Polygon is easy and secure on Bitget. Simply click Buy Crypto > [Third Party] in the top navigation bar to place your Polygon order.How to buy crypto via third-party gatewayBuy with bank transfer
We accept various payment methods, including iDeal and SEPA for EUR, PIX for BRL, PayID for AUD, UPI for INR, QRIS, DANA, and OVO for IDR, SPEI for MXN, and GCash for PHP. These services are facilitated by Alchemy Pay, Banxa, Mercuryo, and Simplex payment gateways. Simply select Buy Crypto > [Third Party] in the top navigation bar and select a fiat currency to place your Polygon order.Buy Polygon with the fiat balance in your Bitget account
You can Deposit fiat funds using SEPA to top up your Bitget fiat balance. Then click Buy Crypto > [Cash conversion] in the top navigation bar to place your Polygon order.
P2P trading
Step 3: Monitor Polygon in your Bitget spot wallet
Bitget: Where the world trades Polygon
Alternative methods to buy Polygon in Malta
Buy Polygon with crypto on Bitget Convert
Swap on-chain assets to Polygon with Bitget Swap
How to buy Polygon for free
- Learn how to earn Polygon for free through the Learn2Earn promotion
- Earn free Polygon by inviting friends to join Bitget's Assist2Earn promotion
- Receive free Polygon airdrops by joining On-going challenges and promotions
Buy other cryptos
Buy Polygon in a different country
What can you do with Polygon in Malta?
Store/Hold Polygon
Many users hold on to their Polygon with the expectation of it increasing in value. You can store your MATIC safely on your Bitget account or on our crypto wallet app BG Wallet, the most user-friendly and secure mobile wallet.
Trade Polygon
You can trade Polygon for 150+ cryptocurrencies on Bitget’s industry-leading, fast, and secure trading platform. Bitget offers many trading pairs for Polygon trading to meet your needs.
Send Polygon
Yes, Bitget allows you to easily transfer value around the world, fast. You can buy Polygon online and send to anyone and anywhere with their Polygon address.
Spend Polygon
You can also buy goods and services with your Polygon. More and more vendors and retailers accept Polygon every day.
Earn Polygon (MATIC)
Polygon (MATIC) futures
Market stats to assist in determining optimal times for purchasing Polygon
What Is Polygon (MATIC)?
As one of the most popular chains, Ethereum has been a prosperous ecosystem, providing different money-making opportunities like Decentralized finance (DeFi), Decentralized autonomous organizations (DAOs), Decentralized applications (Dapps), Game-Fi, Move-to-Earn (M2E), Non-fungible tokens (NFTs). Thanks to Ethereum, the use case of blockchain has been expanded tremendously. However, as more users come to Ethereum, the network faces the problem of scalability. Gas fees become expensive, and transactions get slower. A cheaper and faster solution to the problem of Ethereum is Polygon.
Polygon (previously Matic Network) is a layer 2 solution for Ethereum. As stated in their whitepaper, Polygon (MATIC) comes to solve the scalability and usability issues, while not compromising on decentralization and leveraging the existing developer community and ecosystem, and it has successfully enhanced the Ethereum ecosystem by increasing the transaction speed and lowering gas fees. It makes Ethereum become more sustainable. Using Polygon, one can create Optimistic Rollup chains, ZK Rollup chains, standalone chains, or any other kind of infrastructure required by the developers.
Polygon (MATIC)’s Founders
Jaynti Kanani: Co-founder and Chief Executive Officer. Contributor to Web3, Plasma, and WalletConnect. Previously data scientist at Housing.com.
Anurag Arjun: Co-founder and Chief Product Officer. Previously AVP (Product Management), IRIS Business. Stints at SNL Financial, Dexter Consultancy, and Cognizant Tech.
Sandeep Nailwal: Co-founder and Chief Operating Officer. Blockchain Programmer and Entrepreneur. Previously CEO of Scopeweaver, CTO of (Ecommerce) Welspun Group.
How Polygon (MATIC) Works
Currently, the Ethereum network is facing the following two challenges:
(1) Low transaction speed: Only 30 transactions available per second
(2) High gas fee: As there’s only 30 transactions available per second, if you want your transactions to process quickly, you have to pay a higher gas fee.
Polygon is a PoS (Proof-of-Stake) - based chain that acts as a Layer-2 solution for Ethereum. A Layer-2, also known as "sidechain", is a separate blockchain that inherits the security and decentralization guarantees of the Layer 1 (original chain) while extending the Layer 1. The Layer 2 processes transactions off the Layer 1 and submits them back to Layer 1 in groups for verification using rollups. This allows both users and developers to evade the two scalability problems of Layer 1 while taking advantage of its robust security.
MATIC, the native utility token of Polygon, is a major component of the network’s ecosystem, and is designed to be used for network security, paying gas fees, staking, and governance on the network. MATIC Token will be issued as ERC-20 standard-compliant digital tokens on the Ethereum blockchain.
Even though Polygon is among the most widely used blockchains just by being a Layer-2 solution for Ethereum, the team has plans to expand beyond Ethereum. Mass adoption of blockchain requires highly secure, decentralized, and immutable infrastructure, which is a challenge that Polygon hopes to address and pioneer in the future.
How Many MATIC Tokens Are in Circulation?
MATIC tokens are released on a monthly basis. MATIC currently has a circulating supply of 4,877,830,774 MATIC tokens and a max supply of 10,000,000,000 MATIC tokens.
The remaining MATIC tokens are distributed as follows:
- Team tokens: 16 percent of the total supply.
- Advisors tokens: 4 percent of the total supply.
- Network Operations tokens: 12 percent of the total supply.
- Foundation tokens: 21.86 percent of the total supply.
- Ecosystem tokens: 23.33 percent of the total supply.
According to the release schedule, all the tokens will be released by December 2022.
How to Buy Polygon (MATIC)
Consider investing in Polygon (MATIC)? It only takes 2 minutes to create an account on Bitget and start trading MATIC.
Check out the available MATIC trading pairs on Bitget!
Futures market
Spot market
Related Polygon (MATIC) Pages
Buy Polygon in Malta with Bitget
How to safely store your Polygon
- Sign up and transfer MATIC to your Bitget account.
- Alternatively, use Bitget Wallet as a self-custody solution for your MATIC.
How to withdraw Polygon with Bitget's hassle-free withdrawal process
Situated between Sicily and the North African coast is the archipelago of Malta, a Southern European country most famous for its wonderful Mediterranean climate and scenery. While its own population comes in at just slightly over half a million people, the series of islands attracts a whopping 1.6 million tourists every year. In 2019, it even set a new record of 2.1 million tourists that year. Naturally, its economy relies heavily on tourism, although manufacturing and foreign trade also play a significant role in contributing to the country’s GDP.
Valletta stands as Malta’s capital city and is located on the main island. Although the city holds huge importance for the nation’s administrative branch, it’s ranked as the smallest capital city in the entire European Union, spanning just 0.61 square kilometers in area and with a population of just over 6000. Due to the historic nature of its architecture, the entire Valletta has also been officially recognised as a World Heritage Site by UNESCO since 1980, and is now home to a staggering 320 monuments, giving it the description “open-air museum.” Some of the most famous sites include St. John’s Co-Cathedral, the upper Barrakka Gardens, Fort St. Elmo, the Saluting Battery, and Casa Rocca Piccola.
Malta has adopted the Euro (EUR) as its national currency, and with direct support from Bitget, you can purchase Polygon(MATIC) in just a matter of minutes no matter where you are in the country, whether it’s Valletta, Mdina, Sliema, St. Julian’s, or Birgu. Our exchange offers a series of secure payment options to make trading easier for you, including P2P trading, crypto deposits, and other third-party merchants such as Apple Pay, Google Pay, and different credit card services.