Finder makes money from featured partners, but editorial opinions are our own. Advertiser Disclosure

How to buy Polycat Finance (FISH) in the US

Learn how to buy Polycat Finance (FISH) easily by following a step-by-step guide and comparing 10+ crypto exchanges.

Where to buy Polycat Finance

It looks like FISH may not be available to purchase on an exchange in the US.

You can still purchase FISH by using a decentralized exchange (DEX) instead. decentralized exchanges are web applications that run on blockchains like Polygon and allow users to trade any asset directly with one another.

Decentralized exchanges (DEX) are unregulated and run using autonomous pieces of code known as smart contracts. To use a DEX you must interact with the blockchain directly, which is not recommended for novice users. Please learn about decentralized exchanges first if you're unfamiliar.

How to purchase FISH using a decentralized exchange.
  1. Find FISH on a decentralized exchange and make sure Polycat Finance can be traded for MATIC which is the native asset of Polygon. Popular DEXs on Polygon include QuickSwap, SushiSwap and Balancer.
  2. Buy MATIC to trade for FISH using an exchange like Gemini. You will need to purchase enough MATIC to swap for FISH as well as some MATIC to pay for transaction fees which typically cost no more than a cent.
  3. Transfer the MATIC into a web 3.0 wallet like MetaMask to connect to the DEX.
  4. Trade MATIC for FISH on the DEX of your choice, following the instructions on screen. Make sure to leave enough MATIC in your wallet to pay for gas.
  5. Wait for the transaction to finalize and the FISH tokens will arrive in your wallet.
  6. You may now keep the tokens in your web 3.0 wallet or transfer them somewhere more secure like a hardware wallet.

You can follow the same process when you want to sell your tokens, or come back to this page to see if they can now be traded on an exchange in the US.

What to consider when buying Polycat Finance

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.

How to sell Polycat Finance

You can cash out your FISH with the same exchange you bought it through:

  1. Sign in to the exchange you have FISH on.
    If you store your Polycat Finance in a digital wallet, compare crypto exchanges to sell it on.
  2. Place a sell order.
    Choose the amount of FISH you'd like to sell.
  3. Complete your transaction.
    Confirm the sell price and fees and close your sale of Polycat Finance.

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.

More guides on Finder

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and finder.com Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site