Is Matic a cryptocurrency?

MATIC is the network’s native cryptocurrency , which is used for fees, staking, and more. You can buy or sell MATIC via exchanges like Coinbase. The Ethereum blockchain is home to a vast range of economic activity — from NFT markets and games to the growing DeFi ecosystem.

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Is Polygon crypto a good investment?

Polygon (MATIC) is one of the most ambitious cryptocurrency projects within recent history , which has a high potential for growth with the increased demand of Non-Fungible Tokens (NFTs), different decentralized finance (DeFi) projects built on it, a project that provides global partnership opportunities has a large …

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What is a Polygon coin?

Polygon is a cryptocurrency, with the symbol MATIC, and also a technology platform that enables blockchain networks to connect and scale . Polygon—”Ethereum’s internet of blockchains”— launched under the name Matic Network in 2017.

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What is Matic coin used for?

What is MATIC? Polygon has its own cryptocurrency, called MATIC, which is used to pay fees on the Polygon network, for staking, and for governance (which means that MATIC holders get to vote on changes to Polygon). You can also buy and sell MATIC via Coinbase and other exchanges.

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