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How to buy Polymath in 2022 ? – A Step by Step Guide

By Kaela R. 7 min read

The process of buying Polymath is just like any other coin in the crypto market. It is not something that you can directly buy from your bank account or through organizations. This may be possible in future but for the time being, you'll have to use a cryptocurrency trading site to convert your USD into POLY or other digital currencies. We are here to make this process for you as smooth as we can buy providing all the key details in this article. Let’s jump right into it.

Where to buy Polymath

Below are the popular crypto exchanges based on user experience,security,fee structure and supported coin, that you can use to purchase Polymath (POLY) in 2022.

Before moving forward i want to make it clear that the ranking of these exchanges are in no particular order. With that in mind - Let’s explore these crypto platforms one by one so that you can select the best cryptocurrency exchange to buying your Polymath.

1. Binance

Binance gets a lot of things right for traders who wish to focus solely on cryptocurrency. A diverse range of popular cryptocurrencies should appeal to everyone save the most passionate crypto fans.

Low trading costs and volume reductions should entice more active traders, especially because fees elsewhere are far higher.

Newer investors who want customer service may find a better match elsewhere, particularly if they intend to trade other stocks or crypto as a sideline.

Based on what has been discussed so far, Binance is unquestionably the premier Cryptocurrency Exchange, with low costs and excellent digital currency support.

Binance Features

  1. Binance trading has some of the lowest costs in the business.
  2. On Binance, you can trade over 180 cryptocurrencies.
  3. The exchange is available through online and mobile apps for Android and iOS, as well as desktop programmes for macOS and Windows.
  4. Binance Futures provides up to 125x leverage while margin trading provides up to 3x leverage.
  5. It offers a dedicated help Centre where you may contact the support team or get actual beginning tips and explanations of various exchange operations.
  6. It also allows you to make passive income from your crypto assets through staking, crypto lending, and other methods.

How to buy Polymath on Binance

Binance has a rich collection of tools and dashboards that might be overwhelming. Its Buy Crypto page makes it easy to cut through the confusion and conduct straightforward transactions. It has a simple interface where you can buy, sell, or convert cryptocurrency.

1. Login to your Binance account and on the homepage click on the “Buy Crypto “Button.

2. You can purchase Polymath (POLY) using a variety of fiat currencies. Enter the amount of fiat money you wish to spend, and the system will calculate the amount of Polymath you can acquire.

3. Select the payment method and fill the required information than Continue.

4. Please double-check the payment information and costs, and complete your purchase within 1 minute, otherwise the amount of Polymath you may get will be adjusted depending on the current market price. 

5. You'll be taken to your bank's OTP Transaction Page. To validate the payment, follow the on-screen instructions. Following that, you will be able to see the acquired POLY in your Binance Spot Wallet immediately.


2. Coinbase Exchange

If you're searching for a location to exchange cryptocurrency, Coinbase is a good option. Its large range of prominent cryptocurrencies means you'll most likely find what you're looking for, but you'll only be able to trade crypto here.

Clients can receive staking incentives and acquire ownership of their assets themselves. The Pro platform's commissions are competitive, but clients trading small-dollar volumes on its entry-level platform should definitely consider going elsewhere.

Coinbase Exchange Features

  1. More than 50 cryptocurrencies are supported.
  2. Spread and Coinbase costs are included in trading fees.
  3. You can use a free wallet service with private key access, or you can retain your cryptocurrency in your Coinbase account for a $2 minimum purchase or sale.
  4. Insured policy against fraud losses and storage of the bulk of digital assets offline.
  5. Accounts can be accessed using a web browser or a mobile app.
  6. Crypto incentives for studying and an education Centre.
  7. Option to upgrade to Coinbase Pro.

How to buy Polymath on Coinbase Exchange

Follow our step by step guide below to start buying Polymath (POLY) on Coinbase Exchange:

1. Log in to your Coinbase account.

2. On the upper right-hand side, click Buy / Sell.

3. Select Polymath from the list of cryptocurrencies and click the Buy button.

4. Enter the amount you want to buy in POLY or your local money.

5. Choose a payment method (Credit card, Bank Transfer or Crypto).

6. To confirm your purchase, click Preview Buy (you can always click the back arrow to make a change).

7. If all of the information is accurate, click Buy to complete your transaction.


3. Huobi Global

Huobi is one of the world's major cryptocurrency trading platforms, originally located in Beijing but now headquartered in Singapore. The exchange accepts both ICO tokens, cryptocurrencies and highlights the Blockchain economy's future development.

This Exchange has incredible features that appeal to global investors, such as derivative trading. It is a Huobi Global feature that allows you to trade in both futures and swap markets. This function truly assists exchange users in maximizing their earning potential.

Huobi Global is regarded as a secure and trustworthy platform for purchasing, trading, storing, earning, and selling 348 digital currencies. Tens of millions of consumers in more than 195 countries utilize the exchange, which accepts over 60 payment options for converting cash to cryptocurrency.

Getting Started with Huobi Global

To create an account on Huobi Global Exchange follow these steps:

Step 1: Go to the official website and On the top right of the page, click "Sign up."

Step 2: Choose "Country," enter your mobile phone number in the "Phone" field, create a password, and then click "register."

Step 3: To complete registration, enter the verification code.

Step 4: To finish the KYC verification procedure and unlock larger withdrawal limits.

How to buy Polymath on Huobi Global

Follow the steps below to buy Polymath (POLY) on Huobi Global: First and foremost, please ensure that you have sufficient USDT assets in your balance.

1. Visit Huobi global website. On the home page, select Polymath, and then on the next page, click "Buy Crypto"

2. Within 45 seconds, enter the entire amount of money you want to spend or the total number of POLY you wish to acquire. Then, choose "Order." Next, select a payment option and transfer funds straight to the seller using the information given.

3. Then, using the payment option you selected, transmit the complete amount of money within the time period specified. Following payment completion, please click "Paid".

4. If all of the information is accurate, "Confirm" to confirm that you have finished the payment.


Other Exchanges to buy Polymath

Aside from using above popular platforms, there are variety of smaller cryptocurrency exchanges where you can buy POLY.

1. Upbit Join Now
2. Bitrue Join Now
3. BitMart Join Now
4. ZB Join Now
5. BtcTurk PRO Join Now
6. Nami.Exchange Join Now
7. WazirX Join Now
8. Crypto.com Exchange Join Now
9. Bitvavo Join Now
10. Hotbit Join Now

Buy Polymath on Decentralized Exchanges.

Below, you will find comprehensive and detailed review about top rated decentralized exchanges using which you can buy Polymath (POLY) easily.

1. Uniswap (v3)

Uniswap is a decentralised exchange (DEX) that allows users to finance liquidity pools and benefit from them.

The platform's user-friendly online interface allows users to exchange Ethereum-powered ERC-20 tokens. Previously, decentralised exchanges had small order books and poor UXs, leaving a huge opportunity for successful decentralised exchange.

Users no longer have to accept defects because they can easily exchange Ethereum-based protocols using a web 3.0 wallet thanks to Uniswap. You can do so without having to deposit or withdraw funds from a centrally controlled order book. Uniswap allows users to trade without the intervention of a third party.

Uniswap (v3) Pros

  • It maintains your anonymity because it does not require KYC or registration.
  • You have complete control over your tokens.
  • On Uniswap, users may exchange flash swaps.
  • Transaction costs are split between Uniswap and liquidity providers for maintaining a healthy growth rate.

Uniswap (v3) Cons

  • It only supports ECR-20 tokens.
  • The frequency of bogus tokens as a result of open listing.
  • Flash swaps can result in cyber-attacks.

How to buy Polymath on Uniswap (v3)

In this section, we'll go through below steps on how to make your first Polymath purchase on Uniswap.

Uniswap allows you to buy Polymath (POLY) and any of the thousands of ERC20 tokens offered by the Ethereum network. To do so, you'll need sufficient ETH on hand to cover any transaction costs, as well as anything to exchange for the ERC20 token you desire mostly Ethereum or USDT (ERC-20).

 

Step 1: Navigate to the Uniswap exchange platform. Click the 'Connect to a wallet' option in the upper right corner and log in with the Metamask or Trust wallet.

Step 2: After logging in, the trading dashboard will be shown. Select the token you want to trade for, and the token you want in the top section (in our case Polymath), You can also search Polymath (POLY) in Coinmarketcap and copy/paste the POLY contract in uniswap.

Step 3: You are now ready to place your order. You can put a number in the top area to specify how much you want to spend, or a number in the bottom field to specify how much you want to purchase.

Step 4: At the bottom of the order menu, you'll see how much you'll be charged. If you're satisfied with these numbers, click the 'Swap' option. When you're finished, confirm the transaction, and it'll be processed. Once completed, your tokens will be available in your ERC20 wallet.


2. Sushiswap

SushiSwap is an exchange that is moving in line with the larger uniswap ecosystem. It uses a system called an automated market maker to settle orders just like uniswap or pancakeswap.

While traditional exchanges have order books with buyers and sellers, SushiSwap uses an algorithm to create a "liquidity pool" of tokens. This way, users are able to trade in a range of prices. Tokens are listed in the "liquidity pool" based on price history.

There are a number of people behind the project, including 0xMaki, who is an anonymous core contributor, and Joseph Delong, the Chief Technology Officer. These members will also remain anonymous, as it is the policy of the company not to disclose who they are or their positions with the project. Although SushiSwap has no current investors, there are discussions about acquiring funds in the future.

The first step is to connect your wallet to the SushiSwap pool. This is very easy, as the platform supports MetaMask and WalletConnect. Once connected, you'll need to select a token and swap it with desired token.



Conclusion

Choosing the best cryptocurrency platform for Polymath (POLY) might be a difficult task, there are various factors that one should consider before selecting a crypto exchange. These include the fees structure, security, exchange features, and whether it is based on fiat or crypto.
Remember, once you have shortlisted some exchanges, do your research on each of them to identify the most appropriate for you.




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