Looking for information on where to buy MATIC coin? Then you have come to the right place, by the way, the best choice is StealthEX. What is Polygon MATIC crypto? Polygon price prediction. All this and much more in our new article. So let’s roll.
What is Polygon MATIC?
Polygon (MATIC) is an Ethereum sidechain designed to accelerate decentralized applications and smart contracts. All transactions in Polygon are validated by validators for a fee while consuming less energy (unlike Ethereum miners). As a result, the main Ethereum network is not overloaded, while the applications based on it are running in Polygon.
Polygon Coin History
The Matic crypto project was launched in 2019. The developers’ goal was to create an efficient decentralized network with instant secure transactions. This aim attracted new investors quickly, and a lot of blockchain projects, such as Decentraland and Quarkchain, started partnering with it.
Polygon MATIC News
At the beginning of 2021, Matic Network was renamed. Now it’s called Polygon crypto stating that it was becoming an aggregator for Ethereum applications. Since then, the network started attracting projects from other networks and new users. The focus now is on the trending field of decentralized finance and NFT tokens.
Polygon Crypto Price Prediction
Recently, a decentralized exchange SushiSwap (SUSHI) has been launched in the Polygon coin project. Polygon also has a decentralized exchange that works only in the MATIC (Polygon) network — QuickSwap. By the end of April, it began showing a trading volume of about $45 million per day, and the growing trend is continuing. Recent Polygon integrations include a long list of financial projects. IoTeX, Gelato Network, Umbrella Network, Everipedia, and a great number of other platforms are based on the Polygon blockchain. All of them are trying to make their network accessible to all customers.
In the future, more and more Ethereum-based projects will probably look for a faster environment with low fees that will also allow them to stay on the leading smart contract platform. If they move to Polygon, there is a chance of significant growth in the MATIC price.
Where To Buy MATIC Coin?
StealthEX lets you buy MATIC quickly. You can select more than 350 different cryptocurrencies with no need to provide many details.
How To Buy Polygon Crypto?
You can study a detailed article with an exchange guide on our YouTube channel or just go to StealthEX and follow these easy steps. Let’s imagine you want to exchange Ethereum to Polygon. To make an exchange, you need to take a few simple steps:
First, you should choose Ethereum in the left drop-down list. Then choose MATIC coin in the right list of coins.
After setting the pair it is necessary to enter the amount of ETH you want to exchange.
Here you will see the estimated amount of MATIC coin that you will receive after the exchange.
Now when everything is set for the exchange, press the START EXCHANGE button and you will be taken to the next page.
As the second step, you need to provide the Polygon MATIC coin recipient address. The recipient address must match the cryptocurrency you are going to receive. Remember to double-check the information you enter prior to the exchange as the transaction you make cannot be canceled.
As soon as you have carefully checked all the details, you can press the NEXT button and you will be redirected to the CONFIRMATION page with the information about the exchange.
Pressing the NEXT button you will be redirected to the EXCHANGE page.
At first, you will see the address where you need to send your ETH coin to continue the exchange. StealthEX will also provide you with the exchange ID. It will allow you to keep all the information about the swap. It is recommended to save your exchange ID or the link to your exchange.
After sending Ethereum to the shown address, the information on the EXCHANGE page will be renewed automatically. The EXCHANGE page has several statuses that will change during the time of the exchange.
- The first status is Awaiting deposit.
- The following status is Confirming. This means that StealthEX is confirming the transaction you made.
- The next status is Exchanging. During this time the exchange is being made.
- Then the status will be changed to Sending to your wallet. This indicates that there are just a few minutes left until you will receive your MATIC coin.
Finally, you will be redirected to the FINISH page. This shows that the exchange has been successfully made and you will receive crypto to the address provided. To be sure that MATIC was sent to your wallet you can also use the Output hash shown on this page and check it in the Polygon blockchain list of transactions.
From here you can either create a new exchange on StealthEX.io or leave the page and check your Polygon coin wallet to be surprised at how fast you got Polygon crypto. Usually, the process is quite rapid so you won’t need to wait long.
If you have remaining questions about the StealthEX exchange service you can go to our FAQ section and find all the necessary information there.
We are always ready to give you support if you have any issues with exchanging coins. Our team does our best to protect all members and answer their questions. For all requests message us via email@example.com
You are more than welcome to visit StealthEX exchange and see how fast and convenient it is.
Originally published at https://stealthex.io on May 18, 2021.