Polygon MATIC Interest Rates: Lending, Staking & Live Prices

Price of Polygon (MATIC) Today

As of the latest data, Polygon (MATIC) is currently priced at US$0,22 with a market capitalization of US$387,18M. The 24-hour trading volume stands at US$6,29M, The circulating supply of Polygon is approximately US$1,92B. The cryptocurrency has seen a 4,38% increase in value over the past 24 hours.

Platform	Coin	Price
Coinbase	Polygon (MATIC)	0,21
Luno	Polygon (MATIC)	0,6
Blockchain.com	Polygon (MATIC)	0,75
LBank	Polygon (MATIC)	0,38
Gate.io	Polygon (MATIC)	0
BingX	Polygon (MATIC)	0,37

Platform

Coin

Price

0,21

0,6

0,75

0,38

0,37

Platform	Coin	Interest rate
Nebeus	Polygon (MATIC)	Up to 13 APY

Platform

Coin

Interest rate

Nebeus

Polygon (MATIC)

Up to 13 APY

Platform	Coin	Staking rewards
MyCointainer	Polygon (MATIC)	Up to 4,65 APY

Platform

Coin

Staking rewards

MyCointainer

Polygon (MATIC)

Up to 4,65 APY

Platform	Coin	Interest rate
Nexo	Polygon (MATIC)	From 0 APR
Nebeus	Polygon (MATIC)	From 10 APR

Platform

Coin

Interest rate

From 0 APR

From 10 APR

Frequently Asked Questions About Polygon (MATIC)

What is Polygon (MATIC)?

Polygon, formerly known as MATIC, is a protocol and framework for building and connecting Ethereum-compatible blockchain networks. It aims to solve scalability issues on Ethereum while providing a more cost-effective and efficient platform for decentralized apps.

How can I buy Polygon (MATIC)?

You can purchase Polygon (MATIC) on several reputable cryptocurrency exchanges. To ensure you get the best rates, use Bitcompare's real-time price comparison tools. Before purchasing, ensure you stay updated on market trends and prices.

What are the benefits of using Polygon (MATIC)?

Polygon offers several benefits, including faster transaction times, lower fees, and enhanced scalability for Ethereum-compatible applications. It provides developers with the tools to create more efficient blockchain solutions.

Is Polygon (MATIC) a good investment?

While Polygon has shown potential with its scalability solutions, it's essential to conduct thorough research and stay informed about the latest market trends and news. Use Bitcompare's tools to access sentiment analysis and updates on Polygon.

How can I keep track of the latest Polygon (MATIC) developments?

Stay informed by checking real-time updates on Bitcompare, which provides news events, price comparisons, and sentiment analysis. Bookmarking Bitcompare's page ensures you're always updated on the latest in Polygon's developments.

What makes Polygon (MATIC) different from other cryptocurrencies?

Polygon stands out for its focus on addressing Ethereum’s scalability issues by providing a framework for creating interconnected blockchain networks. Its compatibility with Ethereum allows for more efficient decentralized applications.

How does Polygon (MATIC) improve Ethereum's scalability?

Polygon improves Ethereum's scalability by using sidechains and layer 2 scaling solutions, which lead to faster transactions and lower costs compared to the main Ethereum chain. It enhances performance without sacrificing security.

Where can I find reliable information about Polygon (MATIC)'s price changes?

Reliable information regarding Polygon’s price changes can be found using Bitcompare’s real-time price comparison tools. These resources aim to provide users with accurate and timely data to make well-informed decisions.

Frequently Asked Questions About Polygon (MATIC)