EMCD Polygon wallet
— One tap. All of crypto

The Polygon token (POL) is the token of a blockchain network of the same name created in 2017. Previously, this network was called Matic, but it was rebranded in February 2021, and since then it has been known as Polygon. The main objective of the network is to scale the Ethereum cryptocurrency, speed up transactions with this coin, and reduce transaction fees. For this purpose, ‘Polygon’ uses the second layer, where POL is used to pay the fees for intra-network deals.

The POL token can also be used as a standalone asset, as its price isn’t directly tied to Ethereum. As of late 2024, the total capitalization of the token is slightly less than $930 million, and its exchange rate fluctuates around $0.5. You can withdraw the token both to ETH and fiat.

For transactions with POL, like with other coins, you need to create a wallet. Let's find out how to create a Polygon wallet on the EMCD platform and what are its main advantages.

What is a Polygon wallet?

POL wallet is a software platform that provides secure receipt, storage, and sending of Polygon cryptocurrency (token). By the principle of private key storage, electronic wallets for cryptocurrencies are divided into custodial and non-custodial:

custodial platforms provide storage of private keys on their servers, which facilitates the use of the wallet and allows the user to restore access in case of password loss;

non-custodial platforms do not store private keys, so it is up to the user to take care of their safety and protection.

EMCD wallets are custodial wallets. Such a wallet will give you:

• ease of authorization and use
• the ability to log in to the platform even if you lose your password or email access
• a high level of security through advanced technical and user policies, including customizable two-factor authentication
• online access to the cryptocurrency ecosystem

Features of wallets on the EMCD platform

EMCD wallet is a multi-currency wallet. This means that in addition to the POL token, you'll be able to receive, store, and send coins such as:

• Arbitrum (ARB)
• Avalanche (AVAX)
• Bitcoin (BTC)
• Bitcoin Cash (BCH)
• Dash (Dash)
• Dogecoin (Doge)
• Ethereum (ETH)
• Ethereum Classic (ETC)
• Kaspa (KAS)
• Litecoin (LTC)
• Notcoin (NOT)
• Optimism (OP)
• Tether (USDT)
• Toncoin (TON)
• USD Coin (USDC)

Also, the wallet on this platform provides:

• Secure storage
• No transfer fees – you can send and receive funds for free
• Crypto savings through Coinhold – you can get up to 14% per annum
• A built-in P2P platform to exchange your coins and withdraw to fiat.

The EMCD wallet is a good fit for beginners and experienced crypto investors.

How to create a wallet for the Polygon coin

You can create a Polygon wallet in just a few clicks. All you need to do is:

• Open the EMCD platform
• Click the “Create Account” button in the top menu
• Specify your email and create a strong password
• Confirm the specified mailbox
• Set up two-factor authentication

After that, you will be able to fund your new wallet from another wallet using a card or by buying cryptocurrency online via P2P.

EMCD provides convenient, secure, fast, and profitable service. You can use POL as well as other popular coins and tokens with a wallet on this platform.