Polygon (formerly known as Matic Network) is an Ethereum-based platform that aims to support the advances of decentralised apps, as scalability has been identified as an issue. This is achieved through the utilisation of off-chain computing and processing, through decentralised proof of stake (PoS) validation to ensure security. Polygon has adaptations resulting in faster, lower-cost transactions that settle on the parent chain. There has been notable success in their first venture onto the Ethereum network, boasting instant ERC-20 exchanges on the network. The MATIC token will continue to exist and also plays a pivotal role in securing the Polygon platform and enabling governance. You can buy MATIC in Australia on the Swyftx Crypto Exchange.
Swyftx has lower spreads and cheaper trading fees when you buy Polygon, than our closest competitors.
Verify online instantly without uploading documents and deposit AUD to start MATIC trading in less than 2 minutes.
Breached password detection and Two Factor Authentication help protect your account from scammers.
Learn to trade and gain experience with Swyftx risk free by enabling the demo mode. We even simulate real life liquidity and market depth.Create a free account
Deposit and Withdraw AUD via PayID, OSKO, Bank Transfer & POLi
Automate your crypto investments. Setup recurring deposits to your Swyftx account and have then automatically split across your own range of cryptos.
Never miss a trade or get caught out by the crypto market volatility. Set Buys and Sells to trigger at any price you want.
Easily secure your account with multi-factor authentication and biometric login. Swyftx also monitors other sites for data breaches that might result in compromises on your account.