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Sell Polygon for Cash

Convert Polygon (POL) to EUR, USD, GBP, or another supported fiat currency. Receive the payout directly to your card.

How to sell Polygon for cash

Selling Polygon on CoinGate takes a few minutes. The payout is processed by our payment partner, so you get a smooth experience from start to finish.

1

Choose Polygon

Select Polygon (POL) from the list of supported cryptocurrencies and enter the amount you want to sell.

2

Select your payout method

Choose how you want to receive your cash. Payouts are sent directly to your Visa or Mastercard. Available card networks depend on your region.

3

Complete verification

If required, complete identity verification. The payment provider may ask for a government-issued ID, depending on your location and the amount.

4

Send crypto and receive cash

Send Polygon to the provided address. Once confirmed on the Polygon PoS / Polygon zkEVM network, your payout is processed and delivered to your card. Most sales complete within minutes to hours.

POL (ex-MATIC)

POL (ex-MATIC) is now trading at

€0.084298

↓ 0.33% • Last 24h

The final exchange rate is confirmed at checkout.

Market cap

€897.01M

↓ 0.33%

Volume

€35.66M

↓ 0.33% • Last 24h

Circulating supply

10.64B POL

What is Polygon?

Polygon is a cryptocurrency built on the Polygon PoS / Polygon zkEVM blockchain. It was created for Ethereum Layer 2 scaling with low-cost, fast transactions.

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The network allows you to:

use Ethereum dApps at a fraction of mainnet gas costs, rnbridge assets between Ethereum and Polygon seamlessly, access zero-knowledge proof technology for privacy and scalability

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These capabilities exist because traditional systems struggle with:

Ethereum’s high gas fees limiting mass adoption of dAppsrnSlow transaction finality on congested Layer 1 networksrnScalability bottlenecks preventing blockchain use at enterprise scale

Why do people sell Polygon?

Polygon holders may sell after Layer 2 adoption metrics improve and the token price reflects that growth. Validators and delegators who earn POL through staking often convert a portion to cover costs or take profits. Some investors sell POL to redistribute capital across competing Layer 2 solutions. Selling through a regulated platform gives holders direct access to fast card payouts.

Tax considerations when selling Polygon

In most jurisdictions, selling Polygon for fiat currency is considered a taxable event. Capital gains tax may apply based on the difference between your purchase price and the sale price, as well as your holding period. Consult a qualified tax advisor to understand the reporting obligations that apply in your country.

u003cbu003eCoinGate does not provide tax advice.u003c/bu003e This section is for informational purposes only.

Where your money goes

After you sell your crypto, the payout is delivered directly to your card. Exact processing times depend on the payout provider and your financial institution. Here is what to expect:

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Card payout (Visa)

Available in all supported regions. Funds typically arrive within minutes, though processing times depend on your card issuer.

credit_card

Card payout (Mastercard)

Available in the EU, UK, and US. Same fast delivery, with timing dependent on your card issuer.

Why sell crypto on CoinGate?

The sell process is built to be fast and simple. Pick your coin, confirm the payout, and receive cash on your card. No multi-step withdrawals, no waiting for bank approvals. One flow from start to finish.rnrnWe support 40+ cryptocurrencies and card payouts across 15+ countries and territories. The sell widget handles everything from live exchange rates to card delivery in a single step.rnrnOne platform. Multiple coins. Cash on your card.

Explore more cryptocurrencies

Looking to sell something else? Here are some other popular options:

Frequently asked questions about selling Polygon

How do I sell Polygon for cash?

u003cspan style=u0022font-weight: 400;u0022u003eSelect Polygon on CoinGate, choose your preferred payout method, complete verification if required, and send your crypto. The sale is processed by our payment partner and the cash is delivered to your card.u003c/spanu003e

Why would someone sell Polygon?

u003cspan style=u0022font-weight: 400;u0022u003eHolders sell Polygon to take profits after Layer 2 adoption growth or to rebalance across Ethereum scaling solutions. Validators may convert staking rewards to fiat for operational needs.u003c/spanu003e

What fees apply when selling Polygon?

u003cspan style=u0022font-weight: 400;u0022u003eA processing fee is included in every sale. The exact amount depends on the transaction and is displayed on the confirmation screen before you proceed. No hidden charges.u003c/spanu003e

What is the minimum amount of Polygon I can sell?

u003cspan style=u0022font-weight: 400;u0022u003eThe minimum sale depends on the payout method and your location. Exact minimums are displayed at checkout.u003c/spanu003e

How long until I receive my money?

u003cspan style=u0022font-weight: 400;u0022u003ePayouts are sent to your card once the crypto transaction is confirmed on the network. Most arrive within minutes, though some card issuers may take longer.u003c/spanu003e

Do I need identity verification to sell Polygon?

u003cspan style=u0022font-weight: 400;u0022u003eVerification requirements depend on your location and sale amount. The payment provider may ask for a government-issued ID to comply with regulatory requirements.u003c/spanu003e

Is selling Polygon on CoinGate safe?

u003cspan style=u0022font-weight: 400;u0022u003eCoinGate has been operating since 2014. All sales are processed through a vetted payment partner with robust fraud prevention. The payout amount shown at confirmation is what you receive.u003c/spanu003e