BitPay not too long ago introduced our assist for Polygon community funds, together with paying with and receiving MATIC, plus different ERC-20 tokens on the Polygon community. This implies you may ship and obtain with the safety of Ethereum at a fraction of the price. Discover ways to use Polygon with the BitPay Pockets or different supported wallets.
Polygon is a layer 2 resolution for the Ethereum blockchain. It doesn’t search to exchange or overtake Ethereum. It was created for the aim of using the safety and performance of Ethereum, whereas bettering its scalability for quicker and cheaper transactions. Learn our full information to Polygon and MATIC right here. Learn our full information to Polygon (MATIC).
How one can pay a BitPay bill over the Polygon community
Paying a Polygon bill is much like paying another BitPay bill, although with a couple of further choices.
Step 1: At checkout, choose BitPay as your cost methodology.
BitPay is the most secure and most safe strategy to pay on-line.
Step 2: Choose Start Fee.
Relying on the service provider you might be paying or the transaction quantity, it’s possible you’ll be prompted to confirm for BitPay ID. Do not have a BitPay ID? Signal as much as get began. BitPay ID is a straightforward strategy to handle your funds info with BitPay and simplify logins for a number of BitPay merchandise. All that’s required is an e mail and password. The one-time verification requirement is for individuals making BitPay service provider or pay as you go funds of $3,000+, initiating refund requests for quantities of $1000+, or receiving BitPay payouts.
Step 3: Choose your pockets.
BitPay helps over 100 of the most well-liked cryptocurrency wallets. Your most popular pockets could not assist Polygon community transactions.
Step 4: Choose your cryptocurrency.
BitPay helps MATIC and different ERC-20 tokens on the Polygon community, in addition to the Ethereum community. An icon denoting supported networks shall be subsequent to every token, denoting compatibility. Choose the coin/chain you’d like to make use of to make your cost. You could be requested to enter your e mail deal with for those who didn’t already sign up together with your BitPay ID. Your e mail shall be used to obtain cost info and course of refunds.
Step 5: Scan the QR code together with your pockets app, faucet “Make Fee” or enter the service provider’s receiving pockets information manually into your pockets to finish the transaction.
Relying on the Polygon pockets used, your cost steps could fluctuate.
Step 6: Affirm cost
Press Affirm cost. You may see the cost mirrored on the bill immediately when you validate the cost in your pockets. Bear in mind to ship your cost throughout the 15-minute cost window.
