Last update: Jun 6, 2022

How to Buy Polymath (POLY)

Marco velaAuthor: Marco Vela - Fact-checked ✓

So you’re looking for a guide on how to buy Polymath. Depending on where you live, you’ll have a few cryptocurrency trading platforms to choose from.

In this guide, we not only cover the top 3 global crypto exchanges, but also the best exchanges for Australia, Canada, and the UK.

Let’s get started!

Polymath

How to Buy Polymath – 4 Easy Steps

1. Choose a crypto exchange

Finding a cryptocurrency exchange isn’t that hard. There are plenty of big players out there that have been around for quite some time.

This is where our comparison tables can help. The important factors to look for are fees, security, and if they have Polymath of course.

2. Sign up with the crypto exchange

Signing up with any of the major exchanges is generally very easy. The initial sign up should be very fast, and even the verification processes are very well set up these days.

3. Fund your account

Next, you would need to fund your account with either fiat money (USD, AUD, GBP, CAD, etc) or another cryptocurrency like BTC or ETH. This process should again be straightforward and easily done using one of the bigger crypto trading platforms.

4. Buy Polymath

Now that you have what you need to buy Polymath, head over to the market or buy section of the cryptocurrency exchange and buy some POLY.

If the crypto exchange doesn’t have any Polymath on offer, for most cryptocurrencies you can buy Ethereum instead, transfer it to a decentralized exchange like Uniswap (check if Uniswap has Polymath first), and trade your Ethereum for Polymath.

Where to Buy Polymath (POLY)

These are our top 3 exchanges based on the number of cryptocurrencies on offer, security, ease of use, and fees.

ExchangeFiat currenciesCryptocurrenciesDeposit methodsSite
BinanceUSD, AUD, EUR, GBP, CAD, CNY, and many more.350+Credit card, Cryptocurrency, Debit card, and moreVisit Binance
FtxUSD, EUR, GBP, AUD, HKD, CAD, CHF, BRL250+Wire transfer, Credit card, Silvergate Exchange Network, SIGNETVisit FTX
Etoro logoUSD, GBP, AUD, EUR, and more50+credit card, skrill, paypal, bank transfer, and moreVisit eToro
Disclaimer: Cryptocurrencies are volatile and may involve a lot of risk. Their performance is very unpredictable and past performance is no guarantee of future performance. Consult a financial advisor or obtain your own advice independent of this site before relying and acting on the information provided.

How to Sell Polymath

  1. Sign into the cryptocurrency exchange where you bought Polymath.
  2. Move your Polymath to the right place on the crypto exchange. Some exchanges have trading accounts you need to use for buying and selling.
  3. Sell Polymath.

 

Crypto trading

How to Buy Polymath (POLY) in Australia

Looking at Australian crypto exchanges, it's always good to check if the exchange is registrered with AUSTRAC (Australian Transaction Reports and Analysis Centre). In addition, it would be handy if the exchange has integrated with POLi pay and PayID for instant AUD deposits.

If you’re looking to buy Polymath in Australia, the process remains the same:

  1. Find a crypto trading platform below.
  2. Sign up for an account.
  3. Fund your account with AUD.
  4. Buy Polymath if it’s available. If the exchange doesn’t have Polymath. You can buy ETH instead, transfer it to a decentralised exchange like Uniswap (check first if Uniswap has Polymath), and trade your ETH for Polymath.

Also, take a look at our analysis of the best sites to buy bitcoin in Australia If you’re curious to know more about which ones we prefer.

ExchangeFiat currenciesCryptocurrenciesDeposit methodsSite
Swyftx logoAUD, NZD300+bank transfer, POLi pay, PayID, credit cardVisit Swyftx
Binance logoUSD, AUD, EUR, GBP, CAD, CNY, and many more.350+Credit card, Cryptocurrency, Debit card, and moreVisit Binance
Ftx logoUSD, EUR, GBP, AUD, HKD, CAD, CHF, BRL250+Wire transfer, Credit card, Silvergate Exchange Network, SIGNETVisit FTX

How to Buy Polymath (POLY) in Canada

When researching Canadian crypto exchanges, make sure they're registered with FinTRAC (Financial Transactions and Reports Analysis Centre of Canada) and ideally support Interac e-Transfer (in addition to wire transfer and maybe credit cards) for smooth CAD deposits.

If you’re looking to buy Polymath in Canada, the process remains the same:

  1. Find a crypto trading platform below.
  2. Sign up for an account.
  3. Fund your account with CAD.
  4. Buy Polymath if it’s available. If the exchange doesn’t have Polymath. You can buy ETH instead, transfer it to a decentralised exchange like Uniswap (check first if Uniswap has Polymath), and trade your ETH for Polymath.

You can also check out our comparison of the best sites to buy bitcoin in Canada if you’re looking to learn more about which ones we like.

ExchangeFiat currenciesCryptocurrenciesDeposit methodsSite
Bitbuy logoCAD15+Wire transfer, Interac e-TransferVisit Bitbuy
Coinberry logoCADBitcoin, Ethereum, Litecoin, BCH, XLMInterac e-Transfer, Wire transfer, Credit card, Debit cardVisit Coinberry
Ndax logoCADBitcoin, Ethereum, Litecoin, and 4 morewire transfer, Interac e-Transfer, Bank draftVisit ndax

How to Buy Polymath (POLY) in the UK

We recommend only looking at UK cryptocurrency exchanges that are registered with the FCA (Financial Conduct Authority). As for GBP deposit methods, the top exchanges should support FPS transfers (Faster Payments Service) and ideally credit/debit cards.

If you’re looking to buy Polymath in the UK, the process remains the same:

  1. Find a cryptocurrency exchange below.
  2. Sign up for an account.
  3. Fund your account with GBP.
  4. Buy Polymath if it’s available. If the exchange doesn’t have Polymath. You can buy ETH instead, transfer it to a decentralised exchange like Uniswap (check first if Uniswap has Polymath), and trade your ETH for Polymath.

Also, check out our comparison of the UK bitcoin exchanges for those interested in learning more about the exchanges we prefer.

ExchangeFiat currenciesCryptocurrenciesDeposit methodsSite
Cex logoGBP, USD, EUR10+Bank transfer, credit card, debit cardVisit CEX
Coinjar logoGBP50+Bank Transfer (FPS), Visa, MastercardVisit Coinjar
Coinbase logoUSD, GBP, EUR150+Bank transfer (FPS), credit/debit cardVisit Coinbase

Cryptocurrency trading

Considering buying Polymath? POLY Rundown

Polymath offers technology that allows you to issue, manage, and create security tokens on the Blockchain. Polymath was the one who created ERC 1400, a standard for security tokens on Ethereum. More than 200 tokens have been issued using Polymath’s Ethereum-based solution.

Polymath created Polymesh, an institution-grade blockchain specifically designed for regulated assets, after realizing that the existing blockchains did not meet capital market regulatory requirements. Polymath simplifies outdated processes and opens up new financial instruments. It solves the inherent problems with public infrastructure such as identity, compliance and settlement.

Although security tokens offer a huge market opportunity, there are many obstacles that prevent institutional adoption. Polymath is addressing these barriers through Polymesh, an institution-grade blockchain designed for security tokens. It's also the first specialized chain of its kind.

Polymesh's foundations are designed to provide the essential elements that investors and issuers need through key design principles. These include identity, compliance confidentiality and governance. These four pillars can also be used to support complex operations such as settlement.

Polymesh has a distinct advantage over other general-purpose blockchains when it comes to managing and creating digital securities. This infrastructure was designed to address the shortcomings in traditional blockchain architecture and align the blockchain's functioning with modern capital markets.

Polymath not only designed Polymesh but also created a number of tools that allow non-technical users to easily access the chain's functionality. Polymath is poised to transform capital markets by combining Polymesh’s rich functionality with user-friendly tools.

Related:

author Marco Vela

A crypto obssessed digital marketer passionate about making a difference in the world. When he's not behind the computer he can be found hiking, camping and relaxing with his dog.