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September 09, 2022

Juno partners with Polygon to enable on-ramps from account, Venmo, and Cash App

Buy, sell, and trade your favorite crypto with the Juno App and Juno Pay

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We’re happy to announce that Juno App and Juno Pay now support instant on-ramps to USDC on Polygon, the Ethereum-based scaling solution for web3 apps. With this partnership, users will witness one of the best experiences accessing web3 on Polygon.

How to on-ramp to Polygon with Juno

Juno App x Polygon

Juno provides the account to earn, invest, and spend cash. Juno App now supports USDC on Polygon. With Juno, you can buy, sell, send or receive USDC on the Polygon network at zero fees.

  1. Log in to your existing Juno account or create a new account
  2. Convert cash from your the account to USDC on Polygon instantly
  3. Enter your Polygon wallet address and voila!

Juno Pay x Polygon

With Juno Pay, users can buy USDC on Polygon using Cash App or Venmo at the lowest fees. Juno Pay is already integrated with Shapeshift, Bancor, and Frontier Wallet and is now live on Polygon Bridge.

  1. Enter the amount you want to buy and your Polygon wallet address
  2. Log in to your existing Juno account or create a new account
  3. Send cash from Cash App or Venmo via debit card or ACH transfer

If you are a developer building a wallet or dApp for the Polygon ecosystem and wish to integrate Juno pay in less than 15 mins for seamless user onboarding, you can learn more here.

Polygon - The L2 multiverse for Ethereum

The Polygon Network is a high-throughput blockchain with consensus provided by a group of Block Producers selected by stakeholders at each checkpoint. The sidechain mechanism of Polygon has enabled running multiple transactions in under 3 seconds.

At the time of writing this, 1.8 billion transactions were processed on Polygon. Using Polygon, users are saving approximately $140M in gas fees on average every day.

A sneak peek of some of Polygon’s scaling solutions:

  1. Polygon PoS - Faster speed and savings through secure side chains
  2. Polygon Edge- Framework for building private or public Ethereum-compatible blockchain networks
  3. Polygon Nightfall - Hybrid optimistic-ZK rollup for efficient, secure, and decentralized business transactions

Polygon is for builders. By reducing the entry barrier and offering tools, documentation, and community, Polygon is a true enabler for those who wish to build, test, and deploy for web3. In the DeFi space alone, as many as 619 apps were either built or scaled with Polygon.

Polygon’s ecosystem is akin to a beehive — a carefully designed network that has something for everyone who is passionate about web3 and thrives on community participation.

The most powerful account meets the most affordable Layer 2

Juno is building an easy-to-use, trusted, and compliant gateway to crypto and web3. Juno makes banking easier for crypto natives. Polygon’s affordability and web3 ecosystem combined with Juno’s ease of use make it the fastest and most seamless way to get your assets to crypto and web3 for zero fees.

The road ahead

A lot of promising options are in store for Polygon users. Big brands like Adidas and Instagram are leveraging Polygon’s technology to recognize creators and art through NFT-friendly projects. With Juno’s easy-to-use, fast, crypto-friendly platform, all you need is the account to reap the benefits of web3.

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Juno (CapitalJ Inc.) is a financial technology company, not a bank. Certain services are offered through Synapse Financial Technologies, Inc. and its affiliates (“Synapse”). Brokerage accounts and cash management programs are provided through Synapse Brokerage LLC (“Synapse Brokerage”), an SEC-registered broker-dealer and member of FINRA and SIPC. Additional information about Synapse Brokerage can be found on FINRA’s BrokerCheck. See Synapse Terms of Service, Privacy Policy, and the applicable disclosures and agreements available in Synapse’s Disclosure Library for more information. The Partner Financial Institution(s) participating in a Synapse cash management program are referred to in your Synapse Brokerage Customer Agreement.

Digital Asset services are provided by Zero Hash, which is not affiliated with Juno or Synapse. Digital Assets are highly speculative in nature, involve a high degree of risk and can rapidly and significantly decrease in value. It is reasonably possible for the value of Digital Assets to decrease to zero or near zero. Digital Assets held in your Zero Hash account are not protected by FDIC insurance or any other government-backed or third party insurance.

The Juno card is issued by Evolve Bank & Trust, Member FDIC, pursuant to license by Mastercard International.

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