Dukascopy review: Polygon removed from list of tradable assets
Swiss-based Dukascopy Bank SA, a regulated online bank and financial services provider, has officially delisted the cryptocurrency Polygon (MATIC) from its list of tradable instruments. The decision follows an underlying exchange action, which prompted Dukascopy to suspend and subsequently remove MAT/USD trading from its platform. According to the bank, all existing client positions in MAT/USD are being closed, and the instrument will no longer be available for future trading operations.
- Chosen by 0+ local traders in the last 3 months.
- Traders earn on average 12% more per month vs other brokers.
Dukascopy clarified that the decision was a direct consequence of the exchange’s suspension of MAT/USD market data and order flow, which made continued trading support operationally impossible. The bank stated that it acts in accordance with exchange-based market availability, ensuring that all active assets remain backed by transparent liquidity and pricing sources.
Client positions closed and orders canceled
In its communication, Dukascopy confirmed that all MAT/USD client positions have been automatically closed at the latest available market price. The measure also includes the cancellation of all pending or unexecuted orders related to the pair. The bank advised clients to review their trading statements for updated balance information and settlement details once the process is complete.
Dukascopy Bank emphasized that client funds remain unaffected and secure, and that the delisting of Polygon does not influence other cryptocurrency pairs available on the platform.
Exchange-driven decision ensures market stability
The removal of Polygon from Dukascopy’s tradable list is described as a procedural and risk-management decision aimed at maintaining operational stability. Since the underlying exchange discontinued market operations for MAT/USD, Dukascopy followed standard compliance procedures to prevent pricing discrepancies and trading disruptions.
Polygon, one of Ethereum’s most established layer-2 scaling solutions, continues to operate as a blockchain network despite its removal from Dukascopy’s offerings. The project remains active in decentralized finance (DeFi) and Web3 development, supporting thousands of applications globally.
The bank reiterated its commitment to transparent, exchange-backed digital asset trading, aligning with Swiss financial regulations and best practices for investor protection.
Read also: Dukascopy switches to Banking Circle for multi-currency transfers
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