Buy USD Coin (Polygon) with Credit Card

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How to buy USD Coin (Polygon) with Credit Card

Buying USDC on Polygon in 3 Steps

Buying USDC on the Polygon network with a credit card is fairly straightforward when you use Paybis.
 
  1. First, sign up for an account on Paybis and go through the verification process.
  2. Once your account is verified, select "Credit/Debit Card" as your payment method. Then, enter the amount of money you wish to spend or the amount of cryptocurrency you want to receive.
  3. Enter your credit or debit card details, including the card number, expiration date, and CVV code. After submitting these details, you will typically go through a 3DS check by your card provider.
After the payment is processed, you should receive your USDC.
 

What is USDC (Polygon)?

USDC (USD Coin) on Polygon is essentially the same USD Coin (USDC) that you might be familiar with on other blockchains, but implemented on the Polygon network.

USDC is a type of cryptocurrency known as a stablecoin. This means it's designed to have a stable value, unlike other cryptocurrencies that can be highly volatile. USDC is pegged to the US dollar, meaning one USDC is meant to always be worth one US dollar. This peg is maintained through a reserve of assets that match the number of USDC in circulation.

It's a popular choice for those who want to avoid the volatility of other cryptocurrencies but still want to enjoy the benefits of digital currency.

Why Buy USD Coin on Polygon?

Polygon is a protocol and a framework for building and connecting Ethereum-compatible blockchain networks. It's designed to address some of Ethereum's major limitations, including its throughput and lack of community governance, without sacrificing on security.

USDC on Polygon means you are using USDC within the Polygon network. This allows users to transact with USDC faster and usually with much lower fees than on the Ethereum mainnet, due to the efficiency of the Polygon network.

By using USDC on Polygon, users can enjoy the stability of a dollar-pegged cryptocurrency while benefiting from the enhanced speed and lower cost of the Polygon network.