POL to EUR: Convert Polygon to Euro

What Is Polygon?

Polygon provides Ethereum scaling solutions including a proof-of-stake sidechain and a zkEVM rollup. Transaction fees on Polygon PoS are typically under $0.01, making it popular for high-frequency applications. The native token was rebranded from MATIC to POL in September 2024 as part of the Polygon 2.0 upgrade.

• Ethereum Layer 2 with PoS sidechain and zkEVM rollup
• Transaction fees: typically under $0.01
• Block time: ~2 seconds on PoS chain
• Token rebranded from MATIC to POL in September 2024
• Used for staking, governance, and gas fees

Polygon and the Euro (European Union)

The EU’s Markets in Crypto-Assets (MiCA) regulation provides a comprehensive legal framework for crypto services across all member states. Crypto-asset service providers (CASPs) must obtain authorization from national regulators. Stablecoin issuers face specific reserve, capital, and redemption requirements.

The POL/EUR exchange rate fluctuates based on global supply and demand across cryptocurrency exchanges. Major exchanges operating in European Union include both international platforms and local providers. When converting POL to EUR, consider exchange fees (typically 0.1%-1.5%), withdrawal fees, and any spread between the quoted rate and the actual execution price.

How to Convert POL to EUR

There are several ways to convert Polygon to Euro:

1. Centralized exchange: create an account on an exchange available in European Union, deposit your POL, sell for EUR, and withdraw to your bank account
2. Peer-to-peer marketplace: sell directly to another person using a P2P platform that supports EUR payment methods
3. Crypto debit card: spend your POL directly using a crypto-linked card that automatically converts to EUR at point of sale

Frequently Asked Questions

How much is 1 POL in EUR?

The current POL to EUR rate is shown in the converter above and updates every 60 seconds from live market data. Cryptocurrency prices fluctuate 24/7 across global exchanges, so the rate changes continuously.

How do I sell Polygon for Euro?

The most common way is through a cryptocurrency exchange that supports EUR withdrawals. Create an account, complete identity verification (KYC), deposit your POL, sell it, and withdraw EUR to your bank account. Processing times vary: some exchanges offer instant withdrawals, while bank transfers can take 1-3 business days.

What fees are involved in converting POL to EUR?

Typical fees include: exchange trading fees (0.1%-1.5% per trade), network transaction fees for depositing POL (varies by blockchain and congestion), and withdrawal fees for sending EUR to your bank. Comparing fee structures across exchanges before converting can save you a significant amount on larger conversions.

Is Polygon legal in European Union?

The EU’s Markets in Crypto-Assets (MiCA) regulation provides a comprehensive legal framework for crypto services across all member states. Crypto-asset service providers (CASPs) must obtain authorization from national regulators. Stablecoin issuers face specific reserve, capital, and redemption requirements. Always consult local regulations and a tax professional for your specific situation, as crypto tax treatment and reporting requirements vary by jurisdiction.

How often does the exchange rate update?

The converter above fetches live rates from CoinGecko and Coinbase every 60 seconds. The actual rate you receive when converting will depend on the exchange or service you use, the size of your order, and current market liquidity. For large conversions, consider using limit orders to avoid slippage.

Related Converters

• POL to US Dollar