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Compare exchange rates for MATIC to AVAX

  • YouHodler logoYouHodler
    Polygon1 MATICAvalanche0.0187 AVAX
  • Wirex logoWirex
    Polygon1 MATICAvalanche0.0202 AVAX

About Polygon (MATIC)

Polygon (MATIC), originally known as Matic Network, was founded in 2017 by Jaynti Kanani, Sandeep Nailwal, and Anurag Arjun. It is a Layer 2 scaling solution for Ethereum, designed to improve the network's scalability and reduce transaction costs by utilizing side chains for off-chain computation. Polygon achieves this through its Proof-of-Stake (PoS) consensus mechanism, which enhances transaction speed and lowers fees. The significance of Polygon lies in its ability to support decentralized applications (dApps) and facilitate seamless interoperability between different blockchains. Additionally, Polygon's integration with numerous cryptocurrency exchanges ensures the ease of converting MATIC to other cryptocurrencies, bolstering its adoption and liquidity in the market.

Resources

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About Avalanche (AVAX)

Avalanche (AVAX) is a blockchain platform launched in 2020 by Ava Labs, founded by Emin Gün Sirer. It is designed to provide a highly scalable and decentralized ecosystem optimized for both public and private blockchain deployments. Avalanche utilizes a unique consensus protocol that combines the benefits of classical consensus mechanisms with those of Nakamoto consensus, enabling it to process thousands of transactions per second with low latency. Its significance lies in its capacity to support decentralized applications (DApps) and custom blockchain networks while offering sub-second finality. Additionally, AVAX can be easily converted to and from other cryptocurrencies via various exchanges, facilitating seamless interoperability and liquidity within the crypto ecosystem.

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Polygon (MATIC) market stats

Market cap
$4,932,646,585
24h trade volume
$223,157,510
Price
$0.5305
High (24h)
$0.5367
Low (24h)
$0.5117

Avalanche (AVAX) market stats

Market cap
$10,287,743,912
24h trade volume
$335,222,154
Price
$26.04
High (24h)
$26.28
Low (24h)
$25.58

MATIC to AVAX conversion rates

1 MATIC
0.0187 AVAX
2 MATIC
0.0374 AVAX
3 MATIC
0.0561 AVAX
4 MATIC
0.0748 AVAX
5 MATIC
0.0935 AVAX
6 MATIC
0.1122 AVAX
7 MATIC
0.1309 AVAX
8 MATIC
0.1496 AVAX
9 MATIC
0.1683 AVAX
10 MATIC
0.187 AVAX

AVAX to MATIC conversion rates

1 AVAX
53.48 MATIC
2 AVAX
106.96 MATIC
3 AVAX
160.44 MATIC
4 AVAX
213.92 MATIC
5 AVAX
267.4 MATIC
6 AVAX
320.87 MATIC
7 AVAX
374.35 MATIC
8 AVAX
427.83 MATIC
9 AVAX
481.31 MATIC
10 AVAX
534.79 MATIC

How to buy Polygon (MATIC) with Avalanche (AVAX)

To buy Polygon using Avalanche, first, find a cryptocurrency exchange that supports the MATIC/AVAX trading pair, such as YouHodler or Wirex. Create an account, verify your identity, and deposit your AVAX into your exchange wallet. Locate the MATIC/AVAX pair on the trading platform and place an order to exchange your Avalanche for Polygon. If the MATIC/AVAX pair is unavailable, you can first exchange Avalanche for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Polygon. Be mindful of potential exchange fees, which vary by platform and can affect the total cost of your transaction.

How to sell Polygon (MATIC) for Avalanche (AVAX)

To sell Polygon for Avalanche, first, find a cryptocurrency exchange that supports the MATIC/AVAX trading pair, such as YouHodler or Wirex. Create an account, verify your identity, and deposit your MATIC into your exchange wallet. Locate the MATIC/AVAX pair on the trading platform and place a sell order to exchange your Polygon for Avalanche. If the MATIC/AVAX pair is unavailable, you can first sell Polygon for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Avalanche. Be mindful of potential exchange fees, which vary by platform and can affect the total amount you receive.

Polygon and Avalanche news

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