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0.00%Polygon (previously MATIC Network), is a well-structured platform that seeks to resolve some of the biggest challenges facing Ethereum today. This includes high gas fees, low transaction throughput and poor user experience. The main purpose of the Polygon platform is to create a multi-chain ecosystem comprised of Ethereum-compatible blockchains. It looks to do this by allowing developers to launch their own custom Ethereum-compatible network in a single click.
MATIC is the native utility token of the Polygon network. This is mainly used for paying gas fees, securing the network and participating in governance.
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Swyftx has ~4x lower spreads and ~2x cheaper trading fees when you buy MATIC Network, than our closest competitors.
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