Coincheck launches Polygon (MATIC) trading
Coincheck launches Polygon (MATIC) trading
Cryptocurrency exchange Coincheck announced that it intends to list Polygon (MATIC) on its cryptoasset trading platform in August.
The newly listed Polygon (MATIC) cryptoasset is not related to MATIC on the Ethereum network but a proprietary MATIC token on the Polygon blockchain, according to the FNG portal.
Polygon (MATIC) is intended to make transactions faster and cheaper and is also known for its versatility, which is attracting global companies to use the blockchain for their web3 projects. Polygon Labs is also at the forefront of developing Ethereum scaling solutions for the Polygon ecosystem. In addition to scalability and innovation, Polygon Labs is also focused on industry sustainability.
The Coincheck exchange has been offering access to Polygon's NFT network in "Coincheck NFT" since last October. When MATIC is listed on its trading service, Coincheck will offer users the ability to purchase native tokens from the Polygon network.
Coincheck notes that Polygon (MATIC) may appear in the asset menu prior to its launch, but no transactions can be made.
Also read: Gemini is ready to introduce XRP token trading.
