Domestic cryptocurrency exchange Paribu announced that it has listed Polygon (MATIC). According to the statement made by Paribu in the morning, the MATIC depositing processes have started. Buying and selling processes can be carried out as of 14:00 today.
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Paribu’s decision to list this well-known altcoin recently also cheered domestic investors. The well-known cryptocurrency exchange recently announced that it has listed many valuable altcoins.
According to Coinecko information, at the time of writing, MATIC was trading at $1.13.
What is Polygon (MATIC)?
Polygon (formerly Matic Network) is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is the Polygon SDK, a modular, flexible framework that supports building multiple application variants.
Polygon effectively turns Ethereum into a full-fledged multi-chain system. This multi-chain system, with the advantages of Ethereum’s security, vibrant ecosystem, and openness, is a platform for Polkadot, Cosmos, Avalanche etc. precedent to others. MATIC is the administration token of the platform.