Polygon (MATIC) is a promising cryptocurrency that has gained significant popularity among investors due to its unique features and strong growth potential. If you’re looking to buy MATIC, NDAX is one of the most trusted and reliable crypto exchanges in Canada.

In this guide, I’ll walk you through the process of buying MATIC on NDAX in 3 simple steps.

How To Buy Polygon (MATIC) On NDAX in Canada

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Step 1: Sign up for an NDAX Account: What Is NDAX? NDAX is a leading Canadian crypto exchange that provides access to over 30 coins and tokens, including popular cryptocurrencies like BTC, ETH, ADA, AVAX, DOGE, LINK, DOT, and more.

It stands out from other exchanges due to its low trading fees of 0.2%, instant ID verification, free deposits, and multiple funding methods. NDAX prioritizes the security of its users’ funds, storing them in an offline, multi-signature wallet.

The platform caters to both beginner and advanced traders, with free Interac e-Transfer and crypto deposits and transparent fees, including variable withdrawal fees.

Don’t have an NDAX account? Click here to open an account.

• WATCH: How To Open an NDAX Account

The first step to buying MATIC on NDAX is to sign up for an account. This process is straightforward and can be completed in just a few minutes. Click here to get started: Sign Up

Fill in the required details, including your name, email address, and password. After that, you’ll receive a verification email from NDAX to confirm your account.

Complete the verification process by uploading a photo of your government-issued ID and a selfie of yourself holding the ID. This process usually takes a few minutes to complete.

Step 2: Deposit Funds into your NDAX Account: Now that your account is set up, you need to deposit funds into your account to start trading. NDAX offers a variety of deposit options, including bank transfer and Interac e-transfer. The simplest way to fund your NDAX wallet is via Interac e-Transfer. Your funds should be available in your NDAX account within 0 – 30 minutes.

• How To Deposit Money (CAD) From Bank To NDAX

Step 3: Buy Cosmos (ATOM): Once your account is funded, you can start buying MATIC on NDAX.

📱On Phone

1. Click on the blue NDAX icon centered at the bottom 
   
2. Select “Quick Trade” from the main menu
3. The “Buy” tab is displayed.
4. Under “Order Size”, select MATIC in the drop down menu from the list of available coins and tokens.
5. Under “Order size”, enter the dollar amount (or select the percentage – 25%, 50%, 75% or 100%) of CAD you want to spend.
6. NDAX will automatically calculate the amount of MATIC you’ll receive based on the current market price.
7. Review the details of your transaction and
8. Click the “Buy” button to confirm your purchase

Congratulations, you’ve just bought MATIC on NDAX!

Your MATIC will be credited to your NDAX account immediately. You can choose to hold it in your NDAX wallet or withdraw it to your personal wallet.

Next, you need to transfer your Polygon MATIC coins to a cold hardware wallet like a Ledger wallet. It’s important to never leave your crypto on any exchnage to prevent the loss of your coins due to hacks, thefts, cyber crimes, bank runs and malicious threats.

Don’t have a Ledger wallet such as Ledger Stax, Ledger Nano X or Ledger S Plus?

• 🔐 SHOP Ledger Wallet, click here.
• ⚙️ How To Set Up Your Ledger Wallet
• 📚 How To Transfer Cosmos (ATOM) from Binance To LEDGER

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