Polygon is a scaling solution for the Ethereum blockchain that operates on the pinnacle of it. The Ethereum blockchain has grown to end up slow and high-priced as an increasing number of humans use it, so the Polygon blockchain turned into designed as a right away solution to those shortcomings. Let’s see how to buy polygons in Canada here.

1. WHAT IS POLYGON (MATIC)?
HOW TO BUY POLYGON IN
CANADA?

2. Polygon is a scaling solution for the Ethereum blockchain
that operates on the pinnacle of it.The Ethereum
blockchain has grown to end up slow and high-priced as an
increasing number of humans use it, so the Polygon
blockchain turned into designed as a right away solution to
those shortcomings. Let’s see how to buy polygons in
Canada here.

4. As of December 2021, the Ethereum blockchain can
simplest cope with round 14 transactions in step with
second, every costing a mean of $25.
During instances of heavy community congestion, however,
those prices can also upward push dramatically, which is a
chief trouble for humans inquisitive about the use of
Ethereum-primarily based totally decentralized finance
(DeFi) protocols or non-fungible token (NFT) marketplaces.

5. Scaling answers like Polygon make matters much less
steeply-priced via means of doing small transactions
remotely. In Polygon`s case, batches of transactions are
performed at the company’s proprietary proof-of-stake
blockchain.
Eliminating the need for a third celebration cuts prices and
saves time due to the fact you simply must pay for a tiny
component of Ethereum transaction.

6. Can I Buy Polygon In Canada?
Yes.To purchase Polygon in Canada, you want a
cryptocurrency platform that both lets you exchange fiat
forex or different cryptocurrencies for Polygon. I suggest
the use of Netcoins, our pinnacle-rated platform in Canada,
because it lets in you to shop for Polygon with very low fees.

7. How Do I Store My PolygonTokens?
There are numerous approaches to save your Polygon
tokens.
Leaving your cash inside your crypto exchange account is
one option. Because crypto structures maintain
approximately 95% of the belongings they own in bloodless
storage, this will be more secure than using a software (or
hot) wallets. However, in spite of protection, your account
can also additionally nonetheless be hacked and stolen.

8. You also can save your Polygon tokens in a private crypto
wallet that protects your non-public keys and virtual
belongings. It’s now no longer definitive safety, however a
private wallet is extensively more secure than retaining your
cash at the change wherein you at first offered your cash.
As a person who’s attempted out greater than a dozen
unique wallets over the years, right here are my pinnacle
three selections for the satisfactory crypto wallets for
Canadians:

9. Is Polygon A Good Investment?
Considering its overall performance in comparison to what
it turned into really well worth a year ago, in addition to its
cap potential to provide an approach to Ethereum`s
contemporary scaling issues, Polygon can be really well
worth thinking about as a long-time period investment.

10. However, it’s really well worth retaining in thoughts that its
ability isn’t guaranteed, and the cryptocurrency enterprise
is distinctly volatile. As such, you ought to usually cautiously
remember whether or not making an investment in crypto
is proper for you.

11. In Summary
Polygon could be very easy to shop for, promote and
alternate in Canada. If you are looking to buy
cryptocurrency in Canada one of the best sites to buy
bitcoin in Canada is Netcoins.There are lots of
cryptocurrency structures that assist it, and all you want to
do to search out its miles is alternate a few fiat forex or
different cryptocurrency for Polygon tokens.
SOURCE CREDIT:
https://medium.com/@bitcoinwalletcanada/what-is-
polygon-matic-how-to-buy-polygon-in-canada-
9847a8f233c3

12. THANK YOU FOR WATCHING