Premium support for transactions over $5000

Polygon

Matic

Matic Network offers a solution to the problems of scalability, high fees and latency that have become the main challenges for the Ethereum blockchain, especially during peak activity.

Polygon Growth Chart

What is Polygon (Matic)?

Polygon operates as a parallel chain that connects different blockchains, creating a multi-layered ecosystem capable of processing thousands of transactions per second.
The main goal is to make interaction with the Ethereum blockchain more accessible and convenient for users and developers. The platform provides tools and infrastructure for creating decentralized applications (dApps) with low transaction costs and high speed. This allows developers to easily create applications that can compete with traditional centralized services in speed and convenience. Polygon continues to grow, attracting the attention of developers and users due to its ability to solve pressing problems of first-layer blockchains, such as scalability, high transaction costs and latency. Each year, the platform becomes an increasingly important element of the Ethereum ecosystem, providing the necessary tools for creating a new generation of decentralized applications.

How did Polygon (Matic) come about?

The project was launched in 2017 by Indian developers Jainty Kanani, Sandeep Naival, and Anurag Arjun. The main idea behind the network was to improve the throughput of Ethereum by providing faster and cheaper transactions. Polygon uses sidechain technology and the Proof-of-Stake (PoS) consensus algorithm to achieve high performance and security. Thanks to the integration with Ethereum, the platform allows developers to easily migrate their dApps and take advantage of both blockchains.
In 2021, the project rebranded and changed its name to Polygon, which reflected its aspiration to become a universal solution for blockchain scalability. Now Polygon is not limited to improving Ethereum only, but also aims to become a multi-chain platform that unites various blockchains into a single ecosystem.

What's special about Polygon?

The main feature of Polygon is its ability to significantly improve the speed and reduce the cost of transactions compared to traditional Ethereum-based solutions. This is achieved through the use of various scaling technologies, such as sidechains and second-layer solutions. It allows developers to create decentralized applications (dApps) with high throughput and low costs, making it an ideal platform for new projects and startups in the blockchain industry. It is also important to note that the platform is compatible with existing tools and the Ethereum ecosystem, making it easier for developers to migrate their applications.
Another unique feature is its flexibility. The platform supports many different scaling protocols, allowing developers to choose the right tool for specific problems. This flexibility makes Polygon a versatile solution suitable for a wide range of applications, from decentralized finance (DeFi) to gaming and NFTs.
Matic Advantages:
  1. High performance.
  2. Low fees.
  3. Compatibility with Ethereum.
  4. Scalability.
In addition, Polygon is actively supported by major players in the crypto industry and has a strong developer community, which contributes to the rapid growth and development of the platform.
Actual Polygon rates
Tether TRC 20
Tether TRC 20
USDT
Polygon
Polygon
MATIC
1 USDT
=
2.651 MATIC
Exchange
Cardano
Cardano
ADA
Polygon
Polygon
MATIC
1 ADA
=
2.886 MATIC
Exchange
Bitcoin cash
Bitcoin cash
BCH
Polygon
Polygon
MATIC
1 BCH
=
1252.910 MATIC
Exchange
Bitcoin
Bitcoin
BTC
Polygon
Polygon
MATIC
1 BTC
=
205 771.000 MATIC
Exchange
Dogecoin
Dogecoin
DOGE
Polygon
Polygon
MATIC
1 DOGE
=
1.065 MATIC
Exchange

Polygon Matic Network Fees and Security?

One of the key advantages of this platform is low transaction fees. Unlike the main Ethereum network, where fees can be very high due to congestion, Polygon has significantly lower fees due to the use of Proof-of-Stake (PoS) and Plasma technology. The network uses a PoS consensus algorithm, which ensures high transaction processing speed and network security. Participants, called validators, stake their MATIC tokens to validate blocks and maintain network security. In return, they are rewarded with transaction fees. Network security also includes Plasma and zk-Rollups mechanisms, which allow transactions to scale and ensure their security. These solutions reduce the load on the main blockchain and ensure fast and cheap transactions with a high degree of security.
Thus, Polygon combines low fees with a high degree of security, which makes it an attractive solution for developers and users of decentralized applications.

Where to buy Polygon Matic profitably?

The acquisition of the Polygon Matic cryptocurrency is becoming increasingly relevant for investors who want to participate in the development of decentralized applications and scalable solutions on the Ethereum blockchain.
Popular platforms for purchasing Matic are Binance, Coinbase, and Kraken. These exchanges offer reliable trading conditions, a wide selection of trading pairs, and convenient tools for market analysis. Binance is known for its low fees and high trading volume, which makes it attractive to active traders. Coinbase, in turn, is suitable for beginners due to its simple interface and the ability to quickly purchase Matic with a bank card. Kraken stands out for its security and reliability, which is especially important for long-term investors.
For those who prefer decentralized solutions, MATIC can be purchased on platforms such as Uniswap or SushiSwap. These platforms offer users full control over their funds and the ability to exchange tokens without the participation of intermediaries.
There are also wallets that support purchasing MATIC directly, such as Trust Wallet or MetaMask, through their built-in exchange functions. When purchasing Polygon, it is important to consider factors such as the exchange rate, withdrawal fees, and cryptocurrency storage methods to ensure the best value and security for your investment.

Price of Polygon (MATIC) in Real Time

The price of (MATIC) against the dollar today is 0.51 $. The Ethereum coin can be exchanged in 0 countries and 0 cities worldwide. Currently, the site features 35 pairs for exchanging MATIC for other electronic currencies.

Support