Can I buy DeFi Pulse Index on Polygon?
Asked 3 years ago
I am looking to buy some DPI. Is it possible to buy/swap it on Polygon/Matic? I don't see it in quick-swap, but I do see it listed. If not, is Ethereum the only place I can buy it?
Alec Wiggins
Thursday, March 24, 2022
DPI became available on the Polygon network last year December.
If you're looking to avoid Ethereum's crazy gas fees, you can try buying it on Polygon following the steps below.
- Transfer funds to Polygon: you can bridge your funds from Ethereum to Polygon or use an on-ramp service provider like Wyre or Moonpay to purchase tokens with fiat.
- Get $MATIC for gas: MATIC tokens are used for paying gas fees. To complete transactions on the Polygon network, you will need to have a small reserve of MATIC coins. Do this by swapping your other tokens for MATIC or picking up some free MATIC from a faucet like https://macncheese.finance/.
- Swap For $DPI: Armed with your funds and MATIC for gas, you can now purchase $DPI on decentralized exchanges like Quickswap or Sushiswap. Look for trading pairs with sufficient liquidity on any of these exchanges and swap your funds for DPI. Aggregators like Matcha or Zapper could help you find the best swap ratio on decentralized exchanges.
Good luck!
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