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 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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