Polygon

$1.003560

+$0.002727 (+0.27%) Today
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About

Polygon (previously Matic Network) is a decentralized Ethereum scaling platform that enables developers to build user-friendly apps with low transaction fees. It was created in 2017 by Jaynti Kanani, Sandeep Nailwal, Anurag Arjun, and Mihailo Bjelic. Polygon claims to be able to process up to 65,000 transactions per second with network fees of a fraction of a cent. The native token used to pay for transaction fees on Polygon is called MATIC, which has a maximum total supply of 10 billion. MATIC is an Ethereum-based ERC-20 token, but it can also be bridged to the Polygon network. MATIC purchased on or sent to Robinhood may be held partially on either the Ethereum or Polygon network.

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Disclaimer: Prices displayed are for informational purposes only. Actual price quotes may differ.

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Polygon News

Benzinga 46m
Coinbase Says Layer 2 Solutions Could Eat Ethereum's Lunch

A recent research report from Coinbase Global Inc COIN warned that Layer 2 scaling solutions for Ethereum ETH/USD could potentially end up diverting revenue awa...

Coinbase Says Layer 2 Solutions Could Eat Ethereum's Lunch
Bitcoinist 3d
Attackers Wipe Out $3.5M From Crypto Game Dragoma Through Rug Pull Technique

Scamming and hacking activities seem to be skyrocketing within the crypto industry. Even with the increase in innovation and technological application in the cr...

Attackers Wipe Out $3.5M From Crypto Game Dragoma Through Rug Pull Technique
Benzinga 6d
Robinhood Lists Avalanche And Stellar Crypto Tokens

Popular retail brokerage Robinhood Markets Inc HOOD has added support for two new crypto assets on its platform. What Happened: Robinhood-listed Avalanche AVAX...

Robinhood Lists Avalanche And Stellar Crypto Tokens

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Robinhood Crypto is available only to customers in select U.S. Jurisdictions as reflected in our Help Center.
Cryptocurrency trading offered through Robinhood Crypto, LLC. Securities offered through Robinhood Financial LLC, member FINRA/SIPC. Robinhood Crypto is licensed to engage in Virtual Currency Business Activity by the New York State Department of Financial Services. Cryptocurrencies offered by Robinhood Crypto are not securities and your cryptocurrency investments are not subject to FDIC or SIPC protections. There are risks associated with cryptocurrency trading. For additional information regarding the risks associated with cryptocurrency trading please see the Robinhood Crypto Risk Disclosures and Crypto Web Disclosures.