Polygon
MATIC
Overview
What is Polygon?
Polygon (formerly known as the Matic Network, hence the token ticker MATIC) is a layer 2 scaling solution built on the Ethereum network.
Offering faster and cheaper transactions than the Ethereum network itself, Polygon enables developers to build and run sophisticated dApps (decentralised apps) that can process thousands of requests a second across multiple blockchains – while still taking advantage of Ethereum’s considerable network effects.
Like the ETH token, MATIC is the fuel that powers the Polygon network, facilitating the payment and settlement of transactions. Polygon uses a Proof-of-Stake consensus mechanism, which means that holders of the token can “stake” their tokens and receive more MATIC in return.
How to buy Polygon with CoinJar
Start your cryptocurrency portfolio with CoinJar by following these simple steps.
CoinJar’s Digital Currency and Exchange Services are operated by CoinJar UK Limited, a private limited company registered in England and Wales (company number 8905988). CoinJar UK Limited is registered in Australia by AUSTRAC as a digital currency exchange provider (Registration No. DCE100576400-001).
CoinJar Card is a prepaid Mastercard issued by EML Payment Solutions Limited ABN 30 131 436 532 AFSL 404131 pursuant to license by Mastercard Asia/Pacific Pte. Ltd. Mastercard and the Mastercard brand mark are registered trademarks and the circles design is a trademark of Mastercard International Incorporated. CoinJar Australia Pty Ltd ABN 75 648 570 807 promotes and distributes CoinJar Card as a Corporate Authorised Representative of EML Payment Solutions Limited. This material is general information only and does not consider your objectives, financial situation or needs and you should consider if CoinJar Card is right for you. We recommend you consider the Product Disclosure Statement before making any decision to acquire the product. The Target Market Determination for this product can be found here.
Apple Pay is a trademark of Apple Inc., registered in the U.S. and other countries. Google Pay is a trademark of Google LLC.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.