Buying guideUpdated on How to Buy Wrapped Matic (WMATIC): Step-by-Step Guide
To buy Wrapped Matic on Picnic, you create an account, add funds with Pix and convert your balance into WMATIC in the app. The quote and the fees are shown on screen before you confirm, and the asset stays in a wallet you control.
- Fund with Pix
- Self-custody with a passkey
- Fees shown before you confirm
How much WMATIC can you buy?
You don't have to buy a whole unit. Here is what each amount is worth at today's reference price, before fees.
- With $10120.58WMATIC
- With $50602.93WMATIC
- With $1001,205.8WMATIC
- With $5006,029.3WMATIC
How to buy Wrapped Matic on Picnic, step by step
Four steps, from signing up to WMATIC in your wallet.
Create your account
Download the app or open it in your browser. Your wallet is created at sign-up and protected by your device's biometrics (a passkey), with no seed phrase to write down.
Add funds with Pix
Top up in Brazilian reais with Pix, straight from the app. The balance shows up in a few minutes.
Search for Wrapped Matic
In the investments tab, look for Wrapped Matic or WMATIC and enter how much you want to buy.
Review and confirm
Check the quote and the fees shown on screen, then confirm. Your WMATIC balance appears in your wallet, under your control.
What is Wrapped Matic?
Wrapped Matic (WMATIC) is a versatile cryptocurrency token that represents MATIC, the native currency of the Polygon network. It enables MATIC to be used in various decentralized finance applications and smart contracts. WMATIC serves dual purposes: paying for transaction fees on the Polygon network and allowing users to stake tokens to secure the blockchain. With a capped supply of 10 billion tokens, WMATIC operates on the Polygon blockchain, a layer 2 scaling solution for Ethereum. It's widely used in DeFi applications and can be traded on several exchanges. You can buy WMATIC and other cryptocurrencies on the Picnic platform.
Wrapped Matic (WMATIC) is a versatile cryptocurrency that represents the native MATIC token of the Polygon network. It enables users to leverage the benefits of MATIC across various decentralized finance (DeFi) applications and smart contracts. WMATIC combines the strengths of the Polygon blockchain, which serves as a scaling solution for Ethereum, with enhanced compatibility for different ecosystems. The primary functions of WMATIC mirror those of the underlying MATIC token. It can be used to pay for transaction fees on the Polygon network and for staking to help secure the blockchain. Validators who participate in staking receive rewards and transaction fees in MATIC. This dual-purpose utility makes WMATIC an essential component of the Polygon ecosystem. WMATIC operates within a capped supply of 10 billion tokens, shared with its underlying MATIC counterpart. This fixed supply, combined with a partial burning mechanism of transaction fees, can potentially create a deflationary effect over time. WMATIC is widely available on various cryptocurrency exchanges and is frequently used in DeFi applications. For those interested in acquiring WMATIC, it can be purchased on the Picnic platform along with many other cryptocurrencies.
Why buy Wrapped Matic on Picnic?
You stay in control
The wallet is yours, in self-custody, created at sign-up and protected by a passkey. Picnic is not an exchange: your assets stay under your control.
Fund with Pix
Add Brazilian reais and buy WMATIC in minutes, with no international wire.
Fees on screen
The quote and the fees are shown before you confirm the purchase, with no surprises.
Buy it, then spend it
The same account comes with an international Visa card, accepted in 180+ countries, with no annual fee and no IOF.
Frequently asked questions
Does Picnic charge fees to buy Wrapped Matic?
Fees depend on the network used to buy WMATIC. On some networks the transaction is free, and on the others the fee is always shown on screen before you confirm. No hidden costs: what you see is what you pay.
Is it safe to buy Wrapped Matic on Picnic?
On Picnic your wallet is in self-custody: you keep control of your assets without relying on an intermediary exchange. Picnic has operated globally since 2021, and the infrastructure behind the product was recognized with a grant from the Ethereum Foundation. As with any digital asset, the price of WMATIC can move, so invest thoughtfully.
Can I buy just a fraction of WMATIC?
Yes. You choose the amount to spend and receive the matching quantity of WMATIC, even if it is a fraction of one unit.
Do I need to understand crypto to buy Wrapped Matic?
No. Picnic is built to be simple even for beginners: fund with Pix, search for Wrapped Matic and confirm in a few taps. Your wallet is created automatically and the technical side stays behind the scenes.
How long until WMATIC reaches my wallet?
After you add funds with Pix and confirm the purchase, your WMATIC balance usually shows up in your wallet within a few minutes. Exact timing can vary by network.
Can I spend my balance after buying?
Yes. The same account that holds your assets comes with an international Visa card, accepted in 180+ countries, with no annual fee and no IOF. So you can spend your balance day to day, at home or abroad.
Can I buy other assets besides Wrapped Matic?
Yes. Picnic lists more than 3,000 digital assets. Just search for the one you want and follow the same steps, all in one account.
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Ready to buy Wrapped Matic?
Create your account, fund with Pix and have WMATIC in your wallet in minutes.
Buy Wrapped MaticThis content is for information only and is not investment advice. Digital assets are volatile and you may lose part of the amount invested.