MATIC is the native token of Polygon, a Layer 2 Ethereum-based scaling solution that facilitates faster transactions and minimal fees. Its soaring popularity has been evidenced in 2021 by its remarkable price hikes – it’s now accepted as payment for transactions on this blockchain network and also used to secure staking operations. With MATIC, users can reap lower transaction costs while enjoying greater speed effects than other cryptocurrencies out there. As the project continues to gain momentum, more decentralized applications (dApps) and protocols have been integrated with Polygon’s network in order to capitalize on its improved scalability and extensive cost savings. This has resulted in a significant increase in the adoption of the program.
MATIC is ranked 9th on the Coinmarketcap rating and listed on all popular crypto platforms. One of the most popular crypto pairs is MATIC to USDT, which is today traded at $1.34.
Advantages of Polygon
The Polygon crypto platform offers a wide range of advantages for users:
- High speeds and low fees are made possible by the underlying Layer 2 structure that supports instant transaction settlements. This allows users to make fast and inexpensive transactions with very little wait time.
- The platform also features advanced security measures such as end-to-end encryption, multi-factor authentication, and tamper detection, making it a secure environment to operate in.
- The scalability and flexibility offered by the Polygon crypto platform are also key advantages. It can be scaled up or down according to user needs, and it can be adapted to changing market conditions.
What is the Best Place to Buy Matic with USDT?
On the WhiteBIT exchange, you will find the most relevant Polygon crypto price and the most convenient conditions for buying this asset. Here are simple steps on how to do it:
- Pass the registration and verification on WhiteBIT if you want to access all the advanced features and unlimited withdrawals.
- Select the way you want to deposit funds to your new account. In our case, you have USDT, so move the needed amount of USDT coins to your WhiteBIT account.
- Pick the USDT MATIC pair.
- See the current MATIC price in the equivalent of USDT.
- See the size of the commission to pay below.
- Pay the fee and wait for a couple of minutes.
You will receive MATIC coins in your account in a few moments, and then you may withdraw them or leave them on the account for further trading.
Learn more about trading on WhiteBIT on its official blog – a comprehensive resource with lots of articles, manuals, and the latest crypto news from the industry