Polygon was previously known as the Matic Network and it’s one of the biggest “layer-2” protocols on the Ethereum network. DApp (Decentralized Application) users and developers can use the Polygon Network to conduct fast transactions for lower costs. Polygon was founded by Jaynti Kananim, Sandeep Nailwal, and Mihailo Bjelic. Kanani was previously a Data Scientist for Housing.com, while Nailwal worked for Deloitte.
Many people buy MATIC for profit expectations and benefit from its long-term gains. If you have a "buy-and-hold" strategy, we recommend transferring your coins to a cold hardware wallet like Ledger Nano. Having said that, CoinSmart has taken several security measures to ensure user fund protection. These include – mandatory 2FA, withdrawal confirmation emails, cold storage & BitGo user funds insurance.
Buy and Sell MATIC with ease on CoinSmart. You can also use our SmartTrade to swap MATIC with other cryptocurrencies in one simple step.
Being a proof-of-stake-based system, you may participate in the network governance by delegating your MATIC to a Polygon staking pool. Earn MATIC staking rewards on autopilot.
Two parties can easily send MATIC to each other irrespective of their geolocation, provided they have a compatible wallet.
Polygon currently has one of the top 10 biggest DeFi ecosystems by total value locked (TVL). You can use the network to interact with the various DeFi apps without paying bloated gas fees.
Polygon-based NFTs can be easily bought on popular marketplaces like OpenSea.
You can read our series of in-depth articles on Polygon and learn how it works on CoinSmart's GetSmart Hub.
With CoinSmart, you can instantly fund your account with your credit card (up to 6% fees) and make your trades.
Use bank wire transfer, bank draft, and Interac e-Transfer to instantly fund your account on the very same day and buy MATIC.
Use SmartTrade to convert one of your other cryptos to MATIC in one step. SmartTrade allows you to instantly buy and sell Polygon and other cryptocurrencies.
CoinSmart utilizes world-class cybersecurity practices to ensure that your funds are always safe. Our funds are insured by BitGo, to guarantee protection in the unlikely event of a hack. User accounts and withdrawals are further kept secure via Google 2FA and Email Withdrawal Confirmations.
CoinSmart is the perfect starting point if you are new to crypto, thanks to its 24X7 client service and jargon-free approach. Everything in our interface is straightforward. Extra care has been taken to ensure simplicity in each and every step.
CoinSmart is proudly Canadian. We want to create the ideal crypto platform for our users in Canada, Europe, and beyond. To provide a safe environment for our users, CoinSmart has worked closely with the Ontario Securities Commission (OSC) to obtain the license as a restricted dealer (shall we add marketplace status here on?). In simple terms, we are legally obliged to operate transparently and ethically.