MATIC icon
MATIC
Polygon
$0.0000AUD
All
1W
1M
1Y

Polygon (MATIC)

24h

+0.00%

7d

-0.00%

1m

-0.00%

What is Polygon (MATIC)?

Polygon is a layer-2 scaling solution built on top of the Ethereum base layer, built to increase the performance of Ethereum-supported decentralized applications (dapps). It combines the best features of single blockchains (sovereignty, scalability, and flexibility) with Ethereum’s powerful capabilities (security, interoperability, industry experience).

 

Polygon works by offloading Ethereum transactions onto sidechains. Each sidechain connects to Ethereum’s main network but uses its own resources to reduce fees and speed up transactions.

 

What is MATIC used for?

 

Polygon helps any Ethereum dapp improve its scalability and efficiency. Some examples of these applications are DeFi lending platforms, games, payment systems, and coin swaps.

 

MATIC is the utility token used on Polygon’s proof of stake blockchain. It’s used to pay for network transactions and secure the network. In addition, MATIC holders can receive rewards for staking their tokens.

 

How do I buy Polygon (MATIC)?

 

It’s easy to buy MATIC in Australia by joining a trusted trading platform like Coinstash. Simply create your account and verify your personal details. Then, deposit some funds and purchase MATIC. It’s as simple as that!

 

Learn how to sell MATIC.

 

Why should I trade MATIC with Coinstash?

 

Coinstash AU is one of the highest-rated crypto platforms in Australia. Since 2017, we’ve been a one-stop crypto solution for thousands of customers.

 

People love our great customer support, easy-to-use interface, industry-leading security, and other innovative features. We’re also an AUSTRAC registered exchange and have an AFSL license so that you can trade with confidence.

 

Ready to start trading Polygon (MATIC)? Create your Coinstash account in minutes!


Similar Coins

Coin
Price
24hr
ETH icon

ETH

Ethereum
-
AVAX icon

AVAX

Avalanche
-
DOT icon

DOT

Polkadot
-
NEAR icon

NEAR

Near Protocol
-
ETC icon

ETC

Ethereum Classic
-
ARB icon

ARB

Arbitrum
-
TAO icon

TAO

Bittensor
-
HBAR icon

HBAR

Hedera Hashgraph
-
TIA icon

TIA

Celestia
-