At DeFi, transactions require the payment of a fee called "gas". a fee called "gas"..
Gas is paid in the native currency of the blockchain network you are using, e.g. in the Polygon network gas is paid in MATIC and in Ethereum in ETH. you are using, for example, in Polygon's network in gas is paid in MATIC and in Ethereum in ETH.. The gas needed for each transaction depends broadly on 3 factors: network congestion, the computational cost of the transaction, and the exchange rate of the native cryptocurrency.
Before making transactions on DeFi, you will need to send gas from a wallet to your address on the blockchain network. This will ensure that you have enough funds to cover the transaction fees.
For these first steps, we recommend that you do the operation with 50€. The DeFi ecosystem has many risks associated with it, and it is always best to be cautious in your first forays.
Let's start with the shipment of gas for Polygon's network or in other words the purchase of MATIC from Euros.
If you have crypto in a centralized exchange (CEX) the easiest way is to follow the steps indicated in their websites. Some of the most relevant in Spain: Bit2me, Binance, Coinbase o Kraken.
If you have never bought crypto and you are naturalized in Spain, we have found a provider called Cryptopocket allows you to do it relatively quickly.
In this video shows an example of buying USDC in the polygon network, in our case we should do the process in our case we should do the same process but buying MATIC polygon on the polygon network instead of USDC. instead of USDC.
We have tried to perform this operation from the Metamask option but it has not been possible to perform it with cards issued by Spanish banks.
All the options we have discussed to move from Euros to Crypto require you to identify yourself to the provider to prevent money laundering. We know that in general it is a process that is not pleasant but if you want to enjoy the benefits of the DEFI ecosystem we do not know any other way to do it, at least from Spain.
Once you have received the gas, in this case MATIC on the polygon network in your personal wallet, you can use it to make transactions on DeFi and participate in different protocols and products within the DeFi ecosystem.
