What are Matic coins?

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 Matic a token or coin?

Polygon (MATIC) is an Ethereum token that powers the Polygon Network — a protocol and framework for building and connecting Ethereum-compatible blockchain networks. Polygon is what’s known as a Layer-2 solution, designed to help scale the Ethereum network and improve its functionality.

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What is Polygon worth?

MATIC Price Statistics Polygon Price$1.6224h Low / 24h High$1.57 / $1.64Trading Volume24h$945,373,622.68 13.28%Volume / Market Cap0.07589Market Dominance0.62%Polygon price today, MATIC to USD live, marketcap and chart coinmarketcap.com › currencies › polygon

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What is Polygon Matic crypto used for?

The Polygon platform, powered by the MATIC token, was launched to connect and grow Ethereum-compatible projects and blockchains. MATIC tokens are used to govern and secure the Polygon network and pay transaction fees . Polygon uses a modified proof-of-stake consensus mechanism to efficiently operate the platform.22 Şub 2022

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