Domestic cryptocurrency exchange Paribu announced that it has listed Polygon (MATIC). According to Paribu’s statement in the morning, MATIC deposits have started. Buying and selling transactions can be carried out as of 14:00 today.

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Paribu’s decision to list this very popular altcoin recently also pleased domestic investors. The popular cryptocurrency exchange recently announced that it has listed many important altcoins.

According to Coinecko data, at the time of writing, MATIC was trading at $1.13.

What is Polygon (MATIC)?

Polygon (formerly Matic Network) is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is the Polygon SDK, a modular, flexible framework that supports building multiple application types.

Polygon effectively turns Ethereum into a full-fledged multi-chain system. This multi-chain system, with the advantages of Ethereum’s security, vibrant ecosystem, and openness, is a popular platform for Polkadot, Cosmos, Avalanche, etc. similar to others. MATIC is the platform’s management token.