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How to buy Polycat Finance (FISH) in South Africa

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

Where to buy Polycat Finance in South Africa

It looks like FISH may not be available to purchase on an exchange in South Africa.

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

Decentralised 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 decentralised exchanges first if you're unfamiliar.

How to purchase FISH using a decentralised exchange.
  1. Find FISH on a decentralised 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 Binance. 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 finalise 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 South Africa.

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 take a look at some of our top hardware wallet picks for self-custody of your FISH below.

Ledger Nano X Wallet

TREZOR Model T Wallet

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Supported assets

5,500+

Supported assets

1,450+

Price (USD)

$149

Price (USD)

$213

Disclaimer: This information should not be interpreted as 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 ($0.165879 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: $0.165879
ATH date: June 01, 2021
0.26%

Polycat Finance ATH: $64.91


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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