BitPay just lately introduced our help for Polygon community funds, together with paying with and receiving MATIC, plus different ERC-20 tokens on the Polygon community. This implies you possibly can ship and obtain with the safety of Ethereum at a fraction of the associated fee. Discover ways to use Polygon with the BitPay Pockets or different supported wallets.
Polygon is a layer 2 answer 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 enhancing its scalability for quicker and cheaper transactions. Learn our full information to Polygon and MATIC right here. Learn our full information to Polygon (MATIC).
Tips on how to 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 technique.
BitPay is the most secure and most safe approach to pay on-line.
Step 2: Choose Start Cost.
Relying on the service provider you’re paying or the transaction quantity, you could be prompted to confirm for BitPay ID. Haven’t got a BitPay ID? Signal as much as get began. BitPay ID is an easy approach to handle your funds data 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 folks 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 preferred cryptocurrency wallets. Your most popular pockets might not help 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 will probably be subsequent to every token, denoting compatibility. Choose the coin/chain you’d like to make use of to make your cost. Chances are you’ll be requested to enter your e-mail deal with in the event you didn’t already check in along with your BitPay ID. Your e-mail will probably be used to obtain cost data and course of refunds.
Step 5: Scan the QR code along with your pockets app, faucet “Make Cost” 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 might differ.
Step 6: Affirm cost
Press Affirm cost. You will 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.
