Polygon (MATIC) is already on Crypocto!

Cryptocurrency exchanger Crypocto continues to expand its list of supported cryptocurrencies. The next coin we've added to the service is MATIC. It's a cryptocurrency from Polygon, a project that is working to improve the Ethereum network.

What is Polygon (MATIC)?

Polygon is a project that aims to improve the scalability of Ethereum. The project team is working to increase the speed of financial transactions, while reducing fees on the network. Polygon is also being used to create decentralised applications. In June 2022, the project was used to develop 7,000 applications in the DeFi, meta-universe, and games industries.

MATIC is Polygon's own coin. It is an ERC20 token based on the Ethereum blockchain. MATIC is the platform's internal cryptocurrency that can be used to pay fees on the network and to create decentralised applications. The cryptocurrency is actively traded on exchanges. As of January 19, it is ranked 10th by capitalisation at $8.8bn.

Polygon price history (MATIC)

The cryptocurrency MATIC has been around since 2017, but its heyday began in 2021. The digital coin has passed two peaks. The first occurred at the end of May 2021, when the cryptocurrency price surpassed the $2 mark. However, just six months later, at the end of December 2021, there was another MATIC price spike. At that time, its value reached $2.85. At the moment, the cryptocurrency has rolled back and is trading at just above $1. However, experts see a great future for MATIC, and expectations for this digital coin are positive.

With Crypocto exchanger you can buy, sell or exchange MATIC to other cryptocurrencies. We offer an exchange for any of more than 20 other cryptocurrencies, such as:

- Bitcoin (BTC).
- Litecoin (LTC).
- Ethereum (ETH).
- Dogecoin (DOGE).
- Dai (DAI) and more.

In addition, you can buy or sell cryptocurrencies for fiat money. Crypocto supports operations with the Ukrainian hryvnia and the US dollar. We offer favorable exchange fees and fast financial transactions. Go to Crypocto and buy/sell MATIC without restrictions!