Joseph from Las Vegas

Signed up at LTC Casino 27 minutes ago.

» Try LTC Casino too
Do not show again

Polygon Coin (MATIC) Review (9.5/10⭐)

Click to see screenshots
Polygon or MATIC as the ticker is called, is the native token for Polygon blockchain. It can be described as an Ethereum protocol that can be used to create, issue, and manage various digital securities on the blockchain. Also, Polygon (MATIC) is known as a second layer of Ethereum. The primary aim of Polygon is to ensure that faster and cheaper transactions are achieved on Ethereum. It does that with the help of what’s known as Layer 2 sidechains. Users can easily deposit their Ethereum tokens to the Polygon smart network and also get to interact with the same within Polygon. They can later complete withdrawal back to Ethereum’s main chain.

Visitor Consensus on Polygon Coin Today
Positive: 53.13%Negative: 46.87%
What's your view on Polygon Coin today?
›› Buy/Sell Polygon Coin here


Every crypto-enthusiast knows that Ethereum has a problem with scalability and high transactions fees that could reach hundreds of dollars if the network becomes overrun with transactions. That is where Polygon (MATIC) comes in – allowing users to get access to Ethereum DApps without the need to deal with slow speeds and high transaction fees. The native token of Polygon is MATIC and it's an ERC-20 token that runs on Ethereum's blockchain. Its ecosystem has consistently developed in 2021 and is expected to keep doing so in 2022. More so, Polygon is among the popular altcoins that investors and traders are watching in the crypto space.


A Bit About Polygon Coin

What blockchain does Polygon use?

Polygon blockchain is what they call Ethereum’s Internet of blockchains. Polygon has one of the best plans for the future. Its primary aim is to make available a solid network for all blockchain networks. In that case, users will enjoy the luxury of creating blockchains that can easily interact with each other, rather than being entirely independent and separated. As such, developers will have access to both worlds. They can easily come up with their own blockchains and enjoy all the benefits available, such as flexibility and scalability. Polygon leverages a four-layer network consisting of the Ethereum layer, security layer, Polygon networks layer, and the execution layer. The Ethereum layer functions through a set of Ethereum smart contracts to facilitate checkpointing, staking, dispute resolving, and message relaying.

Ethereum's Internet of BlockchainsCryptoLists.com

The reason you should care about MATIC is that it seeks to enhance the speed of transactions while reducing overall costs. It does this by coming up with highly innovative digital tools that can eradicate the complexities involved in current transactions. It can be referred to as a layer-2 network, which means it serves as an add-on layer to the popular Ethereum. It’s safe to mention that it doesn’t intend to alter or change the original layer.


Utility of Polygon Coin?

Polygon, whose native token is MATIC, is a Layer-2 scalability solution for the Ethereum blockchain. It runs on the ERC-20 token and works as the platform for connecting and developing blockchain networks that are compatible with Ethereum.

The Polygon network has opted for DeFi as its popular utility because of its significantly low charges and instant finality. If you blend this with Polygon's affordability, speed, and ease of use, then Polygon becomes a prospective market leader in progress.

What makes Polygon very attractive to investors and traders is its scalability for decentralized applications that operate on Ethereum's blockchain. Moreover, Uniswap announced on December 2021 that they had opted to deploy Uniswap V3 on Polygon's network.

Polygon Coin Price details

MATIC Contract address: 0x0000000000000000000000000000000000001010
›› Details & Tokenomics

Advantages of Polygon Coin

+ High speed and super low transaction fees, often below 0.1 USD.
+ A great multi-chain ecosystem that's getting more users every day.
+ Mark Cuban says that the Polygon network is destroying everybody else.
+ Combines the best from the Ethereum blockchain


- There is intense competition from mainstream cryptocurrencies.
- Matic is still dominated by BTC and ETH.
- Issues with regulations are making it difficult to access DeFi coins.


▪ Rated at 10/10

Polygon offers reduced transaction charges on Ethereum's network while accelerating its transaction speeds drastically. To be specific, Polygon allows instant transactions of around $0.1 to $0.5. The Polygon team is constantly looking for ways to innovate the platform's capabilities to make their services even better.

Also, as mentioned earlier, if Uniswap is deployed on the Polygon ecosystem, then this move is expected to attract myriads of DeFi users to Polygon's ecosystem from that of Ethereum. This will help them to take advantage of the seriously low charges.

The main problem arises during high-volume days. When there are exceedingly high volumes of trades being made on a particular day, Polygon's network tends to experience slow speeds and limits the number of users. Fortunately, they're currently working on a way to handle the lag issue.

On a positive note, Polygon (MATIC) got among the lowest transaction fees in the cryptocurrency market, with less than 0.1 USD for most transactions, even during peak hours. Compared to the Ethereum blockchain, you can make between 500 and 1000 transactions on the Polygon Blockchain when just doing one on ERC-20.


Reputation and Buzz

▪ Reputation rated at 9/10
▪ Buzz rated at 10/10

Initially known as the Matic Network, Polygon was created in October 2017 by Anurag Arjun, Jaynti Kanami, and Sandeep Nailwal. When they created it, their objective was to fix the congested network and its high gas charges.

Many developers and traders alike are attracted to Polygon's ecosystem for several reasons. Investors can trade in crypto, and developers can participate in their vision of designing a borderless world. Developers can contribute to the core protocol or develop their DApps by taking part in their developer support program.



Is Matic following Bitcoin price patterns?

No, MATIC has time over time been showing Independence from BTCs price patterns.

What is the highest value Polygon ever had?

Just like with any other popular cryptocurrency, Polygon’s price is somewhat dynamic. It changes with a wide range of factors. On 18/05/2021, the currency hit its highest value, which stood at $2.45 before plummeting.

Can anyone invest in Polygon?

Regardless of your location in the world, provided you are interested in crypto, you can safely invest in Polygon. Note that you don’t have to be a financial expert to understand how the digital coin works. Just buy the currency, keep it in your wallet and use it to shop. You might as well sell your coins later when their value goes higher compared to what you bought them for.

What’s Polygon token used for?

At the time of writing, Polygon tokens were used for governance, fees, and staking. You can use the tokens to take care of gas fees. Governance implies that the users can easily influence the future, while staking is about lending the cryptocurrency. But you should stay tuned since more uses can become available with time.

Is MATIC a great investment for 2022?

MATIC was among the top-rising cryptos in 2021 - let's see what it will be in 2022. Before you make your investment decision, you should analyze the technical and fundamental analysis of the cryptocurrency.

Can MATIC reach $5 in 2022?

Yes, that can happen, but it can also go down to 0.5 since the cryptocurrency market is very volatile. In January 2021, its price was $0.01 and by December 2021, its price had attained its all-time high of $2.92. If it continues this bullish trend in 2022, then it could hit that mark.

›› Trade Polygon Coin here›› Buy/Sell Polygon Coin here

Screenshots from Polygon Coin

Click for larger image

More sites where to buy/sell/trade Polygon Coin

Below you can see some other platforms, exchanges and/or brokers where you can buy, sell or trade this coin. Click on the logo to read our review.
›› Buy Polygon Coin at eToro
This ad promotes virtual cryptocurrency investing within the EU (by eToro Europe Ltd. and eToro UK Ltd.) & USA (by eToro USA LLC); which is highly volatile, unregulated in most EU countries, no EU protections & not supervised by the EU regulatory framework. Investments are subject to market risk, including the loss of principal.
›› Buy Polygon Coin at AvaTrade
Never speculate with money which you can not afford to loose. Cryptocurrencies exhibit significant volatility and remain largely unregulated within numerous European Union nations. They are not covered by European Union protections and do not fall under the purview of the EU's regulatory framework. Please be aware that investments in this sector are prone to market risks, which may include the total loss of the invested principal.
›› Buy Polygon Coin at CEX
Remember to never risk money that you can not afford to loose. Crypto currencies is highly volatile, unregulated in most EU countries, no EU protections & not supervised by the EU regulatory framework. Investments are subject to market risk, including the loss of principal.

Polygon Coin details and tokenomics

Polygon Coin Ticker: MATIC
MATIC Contract address: 0x0000000000000000000000000000000000001010
ERC20 Contract address: 0x7D1AfA7B718fb893dB30A3aBc0Cfc608AaCfeBB0
BSC Contract address: 0xcc42724c6683b7e57334c4e856f4c9965ed682bd
Type of crypto: native-coin
Launch/ICO Date: April 24, 2019
Circulating supply: 7,081,679,872
Max supply: 10,000,000,000
Resources & Social media

Other tokens or coins to check out

Since you are interested in Polygon Coin, you may also want to check out the coin(s) or token(s) below?
Polygon Coin Newsflash
    ETH Play gets 172 Pragmatic Live casino gamesETH Play gets 172 Pragmatic Live casino games
    Wednesday, 6 Mar 2024 6:13 pm
    ETH Play (learn more) keeps adding interesting games to their library. Now, you can play both 366 games from Pragmatic Play and 172 from Pragmatic Play Live. Some of the newly added live casino games include Vegas Ball Bonanza, Emerals Speed Blackjack, Speed Baccarat with no commission, Italian Roulette and roulette with an Indian dealer. There is also German, Russian, Macau based and Dutch live dealers. What do you prefer? Check out the no KYC casino called ETH Play where you can sign-up and get started in 10 seconds. All they ask for is your email...
    Read the full newsflash

    Big Bass Bonanza from Pragmatic Play win best gameBig Bass Bonanza from Pragmatic Play win best game
    Friday, 9 Feb 2024 1:07 pm
    There are multiple fishing games and many new ones coming, but only one original - Big Bass Bonanza from Pragmatic Play. Yesterday evening, the previous mentioned online fishing slot won the game of the year on the last IGB gaming show in London before it moves to Barcelona. What is this game about? Well, it's a simple 5x3 videoslot with only 10 paylines, but you can win big if you catch that huge fish in this slot with 96.71% RTP. Players enjoy that random symbols can turn into fish symbols, and hopefully create a big win. You can try Big Bass Bonanza at the anonymous Scandinavian founded No KYC casino called Betpanda IO or at the licensed and combined crypto betting site Bets IO that also...
    Read the full newsflash

    3 Bitcoin casinos to try the great Drops & Wins tournament!3 Bitcoin casinos to try the great Drops & Wins tournament!
    Tuesday, 30 Jan 2024 8:05 am
    Have you heard of Pragmatic Play (see more), the awesome developer? Well, if you have not then simply click on the blue link in this newsflash! They are the founders and hosts of a cross-platform tournament known as Drops & Wins that you might have seen on various sites you frequent. It's a concept that started in January 2020 and has continued to be a player’s favourite ever since. The best bit? It's got largest prize pool in the industry worth €30,000,000 in total for one year. But where to play? First up is the totally anonymous 777 Crypto Casino (try it) where you don't need to provide KYC at any point and you also have a 3000 USDT welcome waiting for you. Second on our juicy list is the legendary LTC Casino (sign up), another site without a single shred of KYC needed where you can get playing in seconds with just a username and password. Not to mention that it's the most beloved site on Crypto Lists by our players! Last but not least is the one and only Bombastic (play now) from Shaggy. We're kidding about that, but what's not a joke is how good it is. A super fresh and clean design combined with a 30,000 USDT + 100 free spins welcome bonus. Absolutely audacious. So, if you want to try Drops & Wins and...
    Read the full newsflash

    Pragmatic Play casinos: 600 000 USDT in Halloween prizesPragmatic Play casinos: 600 000 USDT in Halloween prizes
    Saturday, 28 Oct 2023 5:50 am
    One of the best competitions this Halloween period comes from Pragmatic Play. While the bets are higher than in other competitions - you need to stake at least 0.5 USDT on every bet - the rewards are also way bigger than most other casino rewards this Halloween period. You can play any Candyland or Halloween games in order to be eligible and can win random prize drops in the range of 10 up to 10 000 USDT, where the total prizes given out is staggering 600 000 USDT - which means that a lot of players will be lucky and get some unexpected prizes. Sign-up for a Pragmatic Play Casino such as our favourite LTC Casino, thanks to their game selection and anonymous features. Alternatively, try Bet Panda IO that offer instant payouts and no KYC. Lookin' for something sweet? Play it, don't eat. The rewarding jackpot slot Sugar Rush is one of the most popular jackpot games from Pragmatic Play and it's part of the Halloween competition and you can play it here. Give it a try, it's only Halloween weekend with those amazing...
    Read the full newsflash

    Polygon and Mastercard team up to host Web3 musician eventPolygon and Mastercard team up to host Web3 musician event
    Sunday, 8 Jan 2023 10:08 am
    The Polygon network has partnered with payments giant Mastercard to host an exlusive artistic event. The 'Mastercard Artist Accelerator' is an innovative Web3 focused event that hopes to inspire a new generation of musicians using blockchain technology. This includes the creation and minting of new NFTs. In related news, the native MATIC token Polygon’s increased 3% in the 24 hours following the news...
    Read the full newsflash

New Casino Reviews
New Crypto Casinos
Best Crypto Casinos
Recent Crypto Sites
Recent Crypto Coins
Keep up to date with

Our Newsletter

Sign up to our newsletter to get the
latest crypto news, new casinos,
bonus offers and other exciting
* indicates required
Copyright © 2019-2022, by Crypto Lists Ltd (CryptoLists.com). Company name: Crypto Lists Limited. Address: 5 Upper Montagu Street, LONDON W1H 2AG, England.
Jump to top