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How to buy Polycat Finance (FISH) in Australia

Learn how to buy Polycat Finance (FISH) in our step-by-step guide.

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You can buy Polycat Finance (FISH) on a cryptocurrency exchange like Hotbit. These specialised marketplaces that allow you to buy and sell cryptocurrencies, and work similar to stock trading platforms. Polycat Finance is a DeFi platform built on top of Polygon, which offers several products each supported by the native FISH token. Here's how to buy Polycat Finance.

How to buy Polycat Finance in 4 easy steps

The whole process can take as little as 15 minutes and all you'll need is a smartphone or computer, an internet connection, photo identification and a means of payment.

  1. Compare crypto exchanges
    The easiest way to buy Polycat Finance is from a cryptocurrency exchange. Comparing in the table below lets you find one with the features you want such as low fees, ease of use or 24-hour customer support.
  2. Create an account
    To create an account on an exchange, you will need to verify your email address and identity. Have some photo ID and your phone ready.
  3. Make a deposit
    Once verified, you can deposit $ using the payment method that best suits you – cryptocurrency, epay, payeer and perfect money payments are widely accepted.
  4. Buy Polycat Finance
    You can now exchange your funds for Polycat Finance. On easier-to-use exchanges, this is as simple as entering the amount you want to purchase and clicking buy. If you like, you can now withdraw your Polycat Finance to your personal wallet.
Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

Where to buy Polycat Finance in Australia

Find an exchange to buy, sell and trade FISH by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the provider.

1 - 1 of 1
Name Product Deposit methods Fiat Currencies Cryptocurrencies
Hotbit Cryptocurrency Exchange
Hotbit Cryptocurrency Exchange
Cryptocurrency, Epay
USD

2557
cryptocurrencies

A multi-currency exchange with 150+ pairings that can be accessed through desktop as well as a mobile app.
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Compare up to 4 providers

How do I find the best places to buy Polycat Finance?

Cryptocurrency exchanges offer similar services, but differ in a few key ways – mainly fees, the range of cryptos available and payment methods. You can use our table to compare the features of popular cryptocurrency exchanges available in Australia to help you choose the one that's right for you.

Some other factors you may want to consider are customer support, user reviews, ease of use and whether or not the exchange is registered with a local regulator. This information can be found by clicking on the exchange name in the table which will take you to its review page.

What will I need to buy Polycat Finance?

To create an account on any cryptocurrency exchange you will need an email address. Some exchanges may also ask for a phone number and photo ID, so it's a good idea to have those ready.

An increasing number of cryptocurrency exchanges will ask to verify your identity before you can deposit funds and start trading Polycat Finance.

  • This process is known as Know Your Customer (KYC) and usually requires photo ID and a webcam or smartphone. You may also need to prove your address by uploading a copy of a recent bank statement or utility bill.
  • Some exchanges allow you to deposit and trade cryptocurrencies without passing KYC, but they will not allow you to transfer local currency from your bank account. So if you are planning on purchasing FISH with your local currency then you will need to pass KYC.
  • Once you have verified your identity, it is a good idea to enable 2-factor authentication (2FA) before depositing any funds. This will increase the security of your account and help keep your funds safe.

Where can I buy Polycat Finance with a credit or debit card?

Once you've created an account, you will need to deposit funds to buy FISH with. You can either deposit local currency from a bank account or credit card, or transfer cryptocurrency from another exchange or wallet. Here are popular deposit methods to buy FISH on the following exchanges:

Exchange
Bank deposit
Card deposit
Crypto deposit
Buy FISH
  • Bank account: Transfers from local bank accounts are usually free, but you will need to double-check this with the exchange you choose – this information can be found in our table by clicking on 'view details'.
  • Credit or debit card: Linking a card to your account is another convenient way to top up your account, but be aware that it usually attracts an additional fee. An advantage, though, is that you can use a card to make instant purchases or set up a recurring purchase.
  • Cryptocurrency: You can usually purchase FISH by trading it for another cryptocurrency like Bitcoin or a stablecoin. This varies between exchanges though, so you will need to search for FISH on the spot market to see what cryptocurrencies it can be traded for.

What is the easiest way to buy Polycat Finance?

The easiest way to buy FISH is by placing an 'instant buy' order to purchase it for a fixed price but not all crypto exchanges offer this feature.

Alternatively, you can open a trade on the spot market which allows you to set your own price – this is the most common way to purchase cryptocurrency. Using the instant buy feature is straightforward but typically more expensive than using the spot market.

Before buying FISH, you may want to check the market conditions. To help you decide if now is the right time to buy, you can take a look at our Analysis tools to get an idea of how the price of Polycat Finance has been performing recently.

Best Polycat Finance wallets to store your FISH

You can keep your FISH on the exchange you purchased it on, or move it to a personal wallet:

  • Some people like to use their own wallets to guarantee total ownership over their assets, or to use them with other applications like DeFi services.
  • Hardware wallets are typically considered to be the safest type of cryptocurrency wallet, as they use a physical device to enhance security in a number of ways. You can learn more about wallets and compare them with our comprehensive guide.
Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

Is Polycat Finance a good investment?

When purchasing any cryptocurrency make sure to understand the unique risks associated with the token, as well as the volatile nature of the marketplace. In particular, buyers of FISH may want to consider the following:
  • Anonymous developers. There are no public details of the developer team available, which leaves the platform at an increased risk of being compromised internally, in what is colloquially known as a 'rug-pull'. A rug-pull is a situation where someone from the development team orchestrates a situation that allows them to essentially steal user-funds deposited in the protocol.
  • Competition. Polycat Finance operates on Polygon, which is still a relatively new blockchain. This means that Polycat has a good chance to capture market share. However, in the wider context of DeFi protocols, it competes with many other similar platforms such as Yearn Finance, Pancakeswap and Harvest Finance which have more established communities.
  • Polygon. Polycat operates on Polygon, which is a sidechain (or layer-2) on Ethereum. This means you first need to transfer your funds from Ethereum to Polygon before you can use them on Polycat.

Additional information about Polycat Finance can be found using our FISH analysis tools.

Today's Polycat Finance price versus ATH

Compare today's price of Polycat Finance ($0.152271 USD) against its all-time-high price of $64.91 USD on 01 June 2021. The closer the bar is to 100%, the closer FISH is to reaching its ATH again.

Polycat Finance's price: $0.152271 USD
ATH date: June 01, 2021
0.23%

Polycat Finance ATH: $64.91 USD


How to trade, convert or sell Polycat Finance

You can convert or sell your FISH with the same exchange you bought it through:
  1. Sign in to the exchange you have FISH on.
  2. If you store your Polycat Finance in a digital wallet, compare crypto exchanges to convert or sell it on.
  3. Choose Sell or Convert and place a sell order.
  4. Choose the amount of FISH you'd like to convert or sell.
  5. Confirm the sell price and fees and close your sale of Polycat Finance.
  6. Complete your transaction and move your FISH to a wallet for storage.

Disclaimer: Cryptocurrencies, including Polycat Finance, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of FISH is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the Polycat Finance or any other cryptocurrency discussed.

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