Trading with Elbaite means you and your assets remain safe,
with complete peace of mind whilst you focus on what matters.
Simply create your Personal, SMSF, Company or Trust account
Deposit AUD into your Elbaite account.
Use your AUD to start investing.
Polygon is a blockchain platform designed to scale Ethereum by making it faster and cheaper to use. It’s a Layer 2 solution that works alongside Ethereum, helping developers build decentralised apps with lower fees and quicker transactions.
Launched in 2017 as Matic Network, it rebranded to Polygon as its ecosystem expanded. The MATIC token is used for paying transaction fees on the network and for staking and governance.
Polygon has become one of the most widely adopted Ethereum scaling solutions. It supports everything from DeFi apps and games to NFT platforms making it a go-to blockchain for developers and users looking for a smoother experience.
Polygon is used to scale Ethereum by processing transactions faster and at lower cost. It supports apps, NFTs, and more.
Yes. MATIC is legal to buy and sell in Australia. It’s considered a digital asset and regulated under AUSTRAC.
You can buy MATIC on Elbaite by signing up, depositing AUD, and trading directly to your own wallet or a secure vault.
A Layer 2 sits on top of another blockchain — in this case, Ethereum — and helps it scale by processing transactions off-chain.
Yes. You can send MATIC to a compatible self-custody wallet or store it securely with Elbaite in a dedicated vault.
MATIC is used for paying fees on the Polygon network, staking, and participating in governance.
Polygon was built to scale Ethereum, but it’s expanding to support multiple chains and create an interconnected blockchain ecosystem.
Yes. Polygon is secured by its own validator network and continues to improve through active development and partnerships.
Yes. MATIC is divisible and can be bought in small amounts depending on your needs.
The live AUD price of MATIC is shown on this page, updated automatically through Elbaite’s pricing feed.
Since our inception, we have made security our top priority.
Your funds are always available. Every asset you hold on Elbaite is fully backed, with no lending or rehypothecation.
Add an extra layer of protection with multi factor authentication, ensuring your account is secure.
Your assets are stored in verifiable individual wallets, never mixed with others, so you stay in full control of your funds.
Every transaction and account is protected with advanced encryption to keep your data and assets secure.
Get started in minutes, Buy crypto and invest for generations, with Elbaite - Australian crypto exchange.
"Good first experience trading crypto. Found the platform to be straightforward and simple to use! Highly recommend."
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"very helpful customer service centre, easy and simple webpage to use"
"Really impressed with Elbaite. Easy to navigate and trades are quick and secure. Loving it so far"
"Trading with Elbaite has been a great experience. The platform is user-friendly and transactions are processed quickly. I highly recommend Elbaite for anyone interested in a reliable and safe cryptocurrency trading platform."
partners & affiliates:
Our legal & compliance team regularly work with regulators to advise on the cryptocurrency industry, ensuring that Australia has the best policies in place to support investor protection, innovation and industry growth.
We believe in the future of cryptocurrency here in Australia and want to ensure the right policies are in place to support a thriving industry.
Regulated by AUSTRAC
Elbaite Pty Ltd is officially registered with AUSTRAC and operates under strict compliance guidelines.
Elbaite Pty Ltd ACN: 623 185 875
AUSTRAC: DCE 100593224-001
Elbaite Pty Ltd ACN:
623 185 875
Elbaite Pty Ltd is a registered DCE with AUSTRAC:
DCE 100593224-001
We acknowledge the Wurundjeri people of the Kulin Nation, the Traditional Custodians of the land we work on, as well as the Traditional Owners of country throughout Australia. We pay respects to people, communities and elders past, present and emerging.
Elbaite is a member of:
Elbaite Pty Ltd (ACN 623 185 875) operates a digital currency exchange registered with AUSTRAC. Please note that digital asset prices can be volatile. We will never ask for the private keys to your digital currency wallet. Elbaite is not liable for any losses you may incur, and you are solely responsible for your investment decisions. Before deciding if our services are right for you, take into consideration your own financial situation & needs and/or obtain professional financial or taxation advice from a licensed provider. Elbaite does not provide financial advice and Elbaite does not have any affiliation with external traders, advisors or trading platforms.
