Sell Polygon in Poland

Selling Polygon (POL, formerly MATIC) in Poland follows the Polish kapitaly pieniezne framework at 19% PIT, with the migration as the practical wrinkle.

Mechanics. Send POL or MATIC to a regulated platform, complete identity verification under MiCA and Polish AML rules, agree on the sell rate in euros, choose a payout. The MATIC-to-POL migration ran through 2024-25 with one-to-one conversion. Most regulated platforms now require POL. Banxa accepts both during the transition window per regional rules.

Polygon is technically several chains (PoS, zkEVM, AggLayer); the chain matters for the deposit address. Network fees on PoS are fractions of a cent. SEPA bank transfer is the default.

Polish income tax. POL disposal gains for individuals fall under the kapitaly pieniezne basket at a flat 19% PIT rate. The MATIC-to-POL migration is, under Polish rules, generally not a taxable event because crypto-to-crypto swaps are outside the income tax base; only conversion to fiat triggers tax. This is general information, not tax advice.

Regulatory framework. KNF supervises in Poland. Banxa Europe IV BV (EUIV) services Polish customers under MiCA.

Important information for retail customers in the EU. Crypto-assets are not deposits and are not covered by deposit-guarantee schemes. Authorisation of crypto-asset service providers under MiCA does not constitute an investor-compensation scheme and does not protect against price losses. Crypto prices can fall sharply, including to zero in some assets, and you can lose the full amount invested. Settlement of any sell order depends on identity verification, payment processing, and blockchain confirmation. The tax information on this page is general only and is not tax advice; rules depend on individual circumstances and may change. The Dutch financial markets authority (AFM) publishes consumer-facing information on crypto-asset risks for EU retail clients.