Buy & Sell 2000+ tokens on Polygon with USD and pay Zero Network Fees
Dharma is the easiest way to buy & sell any token on Ethereum from a US bank account. Today, we are excited to add Polygon network support for all users.
With Polygon, Dharma users can:
- Buy thousands of tokens, directly from a US-bank account
- Sell tokens for dollars in your bank account without leaving Polygon
- Swap thousands of tokens with near-instant confirmation
- Transfer tokens to other Polygon users around the globe
… all with zero* network fees. No expensive Ethereum transactions or tricky cross-chain bridges to navigate — the barrier to entry is gone.
*Dharma will cover network fees up to $0.50, which covers the vast majority of transactions on Polygon. Users will pay for transaction fees only if the network fee exceeds $0.50.
Since launching the Dharma mobile application in January 2020, the #1 piece of feedback we’ve gotten is “why are network fees so high?”. Initially, we attempted to address this feedback by subsidizing user transactions. But as DeFi Summer raged on, this practice became infeasible, and the volume of feedback increased.
No more. Today, users around the world can experience the magic of DeFi, through a beautiful and intuitive user experience, with zero network fees.
So buy that DeFi token that you were priced out of because of network fees; trade daily and pay zero gas; pay your friends, family members, or business associated in crypto. And if you need to cash out to your bank account, you can do it directly from your Polygon wallet.
No more shuffling money between Ethereum, Polygon, and your cryptocurrency exchange. It’s all possible now that Dharma is on Polygon.
Buying Tokens from Your Bank Account on Polygon
Buying and selling on Polygon is easy! Simply tap the network toggle at the top of your screen:
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Then tap “Buy Crypto” at the bottom of your screen:
Select your bank account from the top-dropdown and the token you want to purchase from the bottom-dropdown:
And then confirm your purchase:
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Selling Tokens to Your Bank Account on Polygon
Selling tokens is easy too! Select the token you want to sell from the top-dropdown and your bank account in the bottom-dropdown:
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Confirm your sale, and voila!
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Give it a try today — it couldn’t be easier.
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Frequently Asked Questions:
**Q: How are the network fees free? \n **A: The Polygon network was built to support high-throughput, low-latency, low-fee transactions. As such, Dharma can submit the vast majority of transactions on Polygon for less than $0.10. With fees this low, we’re happy to cover the cost for you :)
**Q: What fees does Dharma charge for buying / selling crypto on Polygon? \n **A: For buying / selling crypto on Polygon, there is a minimum Dharma fee of $1.99. For trades larger than $400 the fee is 50bps and decreases with the size of your trade (eg. trading >$10,000 decreases your fee to 15bps).
**Q: What tokens can I buy on Dharma’s Polygon wallet? \n **A: You can buy any token on the top 30 decentralized exchanges on Polygon.
**Q: Is my Polygon address the same as my Dharma address? \n **A: Yes, your Polygon address should be the same as your Dharma address. If your addresses are not the same, please reach out to our support team ([email protected]), and we will rectify this for you.
**Q: How do I send tokens from my Ethereum wallet to my Polygon Wallet? \n **A: To move tokens from your Ethereum wallet to your Polygon wallet, you will need to use the Ethereum-Polygon Bridge. We recommend you proceed with extreme caution, and that you read our walkthrough here [insert link].
** \n **Have any more questions? Come say hi on Discord — we promise we won’t bite :)
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