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Customers can deposit funds through credit/debit cards, bank drafts, bank wires, and Interac e-Transfer. Transactions with credit/debit cards are instant, while those with bank drafts, bank wires, and Interac e-Transfer might take a day. Transaction fees for Interac e-Transfer and bank wires are 1.5% for transactions less than $1999. When the transactions are over $2000, the transaction fee is 0%. Credit/debit card transactions attract up to 6% for deposits, while bank drafts are free.Getting Started
Opening a Coinsmart account will require your email address, password, and other personal information like your name and date of birth. Coinsmart offers a mobile app and a crypto wallet for investors. The Coinsmart referral program allows customers to refer their friends to the platform. When those individuals deposit up to $100 in their account, the user receives $15.
Bitbuy insures its digital coins using 1:1 insurance with Knox Custody. Customers can use the price calculator on the platform to see how much a transaction could cost.Getting Started
Opening a Bitbuy account requires you to enter your email and password. Maker and taker fees on the express trade Bitbuy platform (the regular platform) are 0.5%. If you use Bitbuy Pro, the maker fees reduce to 0.10%, while taker fees are 0.20%.Deposits
Interac e-Transfer attracts a deposit/withdrawal fee of 1.50%, while bank wires attract a fee of 0.50%. Investors can make deposits into their Bitbuy account using Interac e-Transfers and bank wires. Bitbuy offers Over-The-Counter (OTC) for customers trading more than $50,000. Bitbuy is a registered Money Service Business.
The Changelly platform only accepts 3 fiat currencies: Euro (EUR), Pound (GBP), and United States (US) dollars. Opening a Changelly account only requires your email address. The minimum trade pairs on Changelly can go as high as $50 for some cryptocurrency pairs. Investors need to get their own wallet to use Changelly, as it’s a non-custodial platform. Changelly doesn’t demand any commission for deposits or withdrawals.Fees
Transaction fees on the Changelly platform are calculated according to a floating rate or fixed rate. The customer gets to choose whichever one they want to use. Apart from the regular Changelly platform for newbies, Changelly Pro is available for advanced traders. Investors that use Changelly Pro are charged withdrawal/deposit fees and maker/taker fees.
There is a 0.50% trading fee on the Netcoins website. Netcoins communication channels are live chat, email, and telephone numbers. Investors can fund their accounts with credit cards, Interac e-Transfers, bill payments, and wire transfers.Regulation
Netcoins is registered as a Money Service Business. So, it’s not regulated by the Investment Industry Regulatory Organisation of Canada. So, Netcoin customer accounts don’t qualify for CIPF insurance.Getting Started
The Netcoins platform supports USD and CAD as fiat currencie and uses BitRank and QLUE, which are blockchain forensic tools, as safeguards. Opening a Netcoins account requires your full name, address, utility bill, driver’s license, and other forms of identification.
Traders can fund their accounts via crypto transfers, Interac e-Transfer, wire transfers, or direct bank deposits. Opening an account with Newton requires undergoing a Know-Your-Customer (KYC) procedure.Fees
Although Newton charges no deposit or withdrawal fees, its spread fees cover this. The spreads range from 0.67% to 1.00%.Support
New users can use the Newton crypto blog to learn more about the platform. Customers with any issues can contact Newton’s customer support through their ‘contact us’ form, live chat, or Newton status page. Customers who use the live chat or status page options can get instant replies. Individuals who use the form will have to wait 24 hours for a reply.
Coinberry offers new users automatic Bitcoin purchases as they sign up. Coinberry is insured by Lloyds and protected by the Gemini Trust Company LLC. A minimum deposit of $50 is required to open an account on Coinberry. The trading fees on this platform are high and can reach up to 22.50%.Getting Started
Opening a Coinberry account takes the user through the instant verification process. Here, they must provide their names, birthdates, government-issued identification, and other personal information.
If the instant verification fails, manual verification will require government-issued documents. Canadians must connect their credit card with a Canadian bank account before they can use it to fund their Coinberry account. The Coinberry trading fee for cryptocurrencies is 0.5%
Investors who wish to buy cryptocurrency worth more than $200,000 can use the much faster Shakepay OTC (Over-The-Counter) trading desk. Customers can only buy cryptocurrencies through debit cards and wire transfers.Getting Started
Registration on the Shakepay platform requires your email, password, username, and personal information like your name and address. Other verifications like a selfie or document verification might be required for some users. The spread fees for Bitcoin purchases can go up to 2.26%.
Coinbase is the regular platform for new users, while Coinbase Pro is for experienced traders. Coinbase Pro offers advanced trading options like crypto-to-crypto trading and advanced charting. Educational videos are available on the platform. The Coinbase customer support channels include email, telephone, and live chat.Fees
The minimum trade on the Coinbase platform is $2. Investors can expect a transaction fee of up to 1.49% for bank account and USD wallet transfers. Debit/credit card transactions attract a fee of 3.99%. Wire transfers attract a fee of $25 for outgoing transfers, and incoming transfers attract a fee of $10.Storage
Customer funds are stored in cold storage boxes that are scattered around the world. New users have to submit a government-issued identification when they open a Coinbase account.
Customers can fund their Binance accounts using debit/credit cards, wire transfers, and bank account transfers. Credit/debit card transactions are conducted within minutes, while wire transfers and bank account transfers can take days.Account Types
New users are to choose between an unverified Binance account and a verified Binance account. The unverified account requires just your email and password, while the verified account requires selfies, government-issued identification, and other identifications.
Unverified accounts are restricted in the transactions that they can perform, while verified accounts get complete freedom. The Binance mobile app is available for Android and iPhone users. Maker/taker fees are never high and can reach 0.1%. Binance has its own wallet, the Binance Trust wallet.
The Kucoin platform has 3 classes of cryptocurrency, where class A cryptocurrencies are the most popular coins. Class B cryptocurrency is made of lesser-known coins, and class C cryptocurrencies are rare coins. Maker/Taker fees for class A, class B, and class C coins are 0.1%, 0.2%, and 0.3% respectively.Security
Kucoin secures its cryptocurrency in cold storage using the Onchain Custodian company. Opening a Kucoin account requires your email address, password, and phone number. However, higher withdrawal limits and other advanced features are locked till the customer undergoes the Know-Your-Customer (KYC) process. The Kucoin platform offers multiple options for customer support and the Kucoin mobile app is available for Android and iPhone users.
Users can use the Nexo credit card to purchase everyday items. Investments in Nexo’s native token can help investors outside the United States to rise in the tier system. Traders who are on the higher tiers of the Nexo tier system can enjoy perks like low-interest rates on loans.Fees and Withdrawals
The commission for European Union (EU) customers who purchase cryptocurrency with a credit card is 1.49%. Non-EU customers pay 3.49%. Users can withdraw free of charge on FiatX. After opening a Nexo account, users have to perform a 2-factor verification as well. Users can contact Nexo customer support via online messaging, email, or live chat.
Uphold rewards traders who stake their cryptocurrencies on the platform. The blog section of the Uphold platform offers educational content to users. Uphold offers cross-asset trading, where customers can trade between stocks, cryptocurrencies, and other commodities.Perks and Fees
Investors get a 2% cashback when they use the Uphold Rewards debit card for a cryptocurrency purchase. Investors get a 1% cashback when they use the Uphold Rewards debit card for a fiat currency purchase. Uphold has a low minimum deposit of $10. The Uphold fee spread for larger cryptocurrencies ranges from 0.8% to 1.2%.
The instant buy fees on the Cex.io platform can go as high as 7%.Deposit
Customers can deposit funds into their Cex.io accounts using debit/credit cards and domestic wire transfers. Most customer funds on the Cex.io platform are kept in cold storage, while a few are left in hot storage. Cex.io is registered as a Money Service Business in Canada.Getting Started
New users can register on the Cex.io website using their email address, country of residence, and password. However, this will only unlock the basic features of the platform. You‘ll need to go through a Know-Your-Customer (KYC) procedure and provide advanced information to increase your deposit/withdrawal limits.
Coinmama doesn’t allow for crypto-to-crypto transactions. So, investors that want to purchase cryptocurrency will have to convert their digital coins to fiat. After which, they can use the fiat currency to purchase the new cryptocurrency.Accounts
The minimum trade on the Coinmama platform is $30 for purchases and $100 for sales. The Coinmama platform has 3 tiers of users: curious, enthusiast, and believer. Individuals in the curious tier are those who have conducted transactions under $5,000 within 90 days. Enthusiast is for those that have conducted transactions over $5,000 within 90 days. Believers are individuals that have conducted transactions over $18,000 within 90 days.Fees
Transaction fees for curious, enthusiast, and believer are 3.9%, 3.41%, and 2.93%. The Coinmama support channels include a chatbot and a contact form on their website.
The minimum deposit on this platform is 1 CAD. The leverage on the Eqonex platform is up to 1:125 for futures. Commission for spot trades ranges from 0.01 to 0.09%. The commission for future trades ranges from 0 to 0.07%.Resources
Free education articles and videos are available on the Eqonex platform for new users. Free airdrops of the Eqonex native token are available daily. Automated trading bots are available on the Eqonex platform.Accounts
New users can choose between opening a personal Eqonex account or an institutional Eqonex account. Opening a new Eqonex account requires submitting your email address and verifying it. After that, the user would have to submit personal information like their address and valid identification.
95% of Kraken user funds are held in cold storage locations worldwide. Opening a regular Kraken account takes minutes, while the Kraken Pro account can take days.Fees
Purchases made with a credit card on the Kraken platform attract a charge of 3.75% and $0.25. Purchases made through a bank account attract a charge of 0.5%. Trading fees for stablecoins are 0.9%, while fees for altcoins are 1.5%.Getting Started
Opening a Kraken account requires you to provide your email address, name, address, Social Security Number (SSN), and other personal information/ 24/7 customer service is available through telephone, email, and live chat.
The Crypto.com platform has 5 prepaid debit cards. Among these debit cards, the highest card is the obsidian card, which offers 5% cashback. Customers can earn up to 10% interest on the Crypto.com platform. You can increase your interest rates when you stake more than 4000 Cronos tokens and invest in stablecoins.Support and Fees
Crypto.com offers 24/7 customer service via email or in-app chat. Users can fund their Crypto.com account through USDC deposits and debit/credit cards. No transaction fees are charged for deposits made through cryptocurrency. Non-Fungible Token (NFT) creators pay a commission of 1.99%, the same as individuals that are reselling their NFTs.
The VirgoCX Leverage for trading is in a ratio of 1:1. The VirgoCX online platform offers two trading screens: quick trade (for amateurs) and advanced trade (for experts). Traders can use the VirgoCX Over-The-Counter (OCT) trade desk for large transactions over $30,000.Deposit
The VirgoCX currency exchange is available for investors that want to quickly change their currency into another. Registration on the VirgoCX online platform requires a Know-Your-Customer (KYC) procedure, which can be completed in minutes. You can fund your VirgoCX account through wire transfers and Interac e-Transfers.Withdrawal
VirgoCX has no withdrawal fees for non-ERC-20 coins. The funds in VirgoCX are secured with a Secure Sockets Layer (SSL), 2-factor authentication, and Ledger Vault Security.
The WonderFi stock is available on Canada’s NEO exchange under the symbol $WNDR. WonderFi allows investors to trade gaming assets, Access non-Fungible Tokens, decentralized finance assets, and crypto assets. Users can only connect one browser extension and one mobile wallet to their WonderFi account.Deposit and Withdrawal
Users can purchase cryptocurrency on the WonderFi platform using their credit card or through a bank transfer. Investors can earn interest when they buy and hold crypto tokens in the ‘earn’ section of the WonderFi app. Transactions done using Ethereum tokens require both the sender and the receiver to pay network fees. Senders pay network fees when they transfer any cryptocurrency apart from Ethereum. WonderFi has no minimum funding requirements.
With AQRU Investors can earn interest on their savings accounts. The minimum deposit for cryptocurrencies is $100. AQRU charges a 0.35% commission on all crypto transactions.Account
The AQRU mobile app is available for iPhone and Android phone users. Opening an AQRU account requires you to provide your email, password, and government-issued identifications.Investing
Investors can diversify their investment portfolio by using the features in AQRU 10. The interest rates on the AQRU platform are not tiered, so they stay the same regardless of the amount. Although AQRU offers a savings account, you’ll have to fund it manually for your funds to accrue interest.
Polygon is a system for scaling at layer 2 that was once known by its previous name, the Matic Network. The major purpose of this component is to facilitate the connectivity of blockchain networks that are part of the Ethereum ecosystem. Check out how to sell Polygon on an app or through a wallet.
The Polygon protocol was developed with the intention of resolving a number of the challenges that are presently being faced by Ethereum, such as prohibitively expensive gas costs and slow transaction speeds.
It is scalable and secure, and it has already been implemented in over 3,000 distinct types of decentralized applications (DApps). The internal cryptocurrency of the Polygon network is represented by the symbol $MATIC, which is a dollar sign.
It is an ERC-20 token that can be used for staking on the Polygon platform as well as paying transaction fees on that platform.
Both of these functions may be performed using the Polygon platform. Polygon is a technique for scaling at the Layer 2 level that is supported by both Binance and Coinbase.
The project intends to hasten the acceptance of cryptocurrencies by the general public by focusing on a solution to the scalability problems that affect a variety of different blockchains.
Before you are able to sell bitcoin in Canada, you will first need to register for an account with a cryptocurrency exchange that is compatible with MATIC. Following the verification of your identity and the completion of your profile, you will be required to fund the account using traditional monetary units (Canadian or US dollars).
There are certain cryptocurrency exchanges that further allow deposits to be made via another exchange or through an external hardware wallet. These exchanges are known as “multi-exchange” exchanges.
If you wait until you have a substantial amount of money in your account, you won’t be able to strike a transaction to sell Polygon (MATIC). If you do not intend to make any other orders for cryptocurrencies once the present one has been carried out, you should deposit any leftover funds into a bank account as soon as possible.
Polygon has a fantastic future based on both the future of its network as well as the future of its revolutionary token, MATIC, according to the price estimates of several industry experts that are based on research that is both fundamental and technological.
The widespread belief that Polygon has a bright future serves as the foundation for these pricing projections. Now that that has been established, let’s take a look at the many reasons why investing in Polygon is a good idea (MATIC).
Polygon is represented by the ticker symbol MATIC while trading on cryptocurrency platforms. The market crash that took place in December 2021 is to blame for the negative attitude that currently prevails in the cryptocurrency market.
As a direct consequence of this pessimistic outlook, all of 2021’s previous gains in the market have been wiped out. In spite of the fact that the word cryptocurrency is used to refer to all digital assets together, other currencies, such as MATIC, are still referred to (altcoins).
During periods of bullish engulfing and bearish seasons, the price patterns of other cryptocurrencies often match those of Bitcoin. The behavior of cryptocurrencies is expected to look like this.
The auditing and assurance, tax, risk management, risk, and financial advising and consulting organization Deloitte stated in the fall of 2018 the five most critical conditions that need to occur before widespread adoption of blockchain technology can take place.
These considerations include: According to Deloitte, the blockchain technology might radically revolutionize the financial sector; nevertheless, it has limitations in terms of the transaction speed it offers.
In addition to the causes that were discussed before, the absence of consistency was another element that presented a threat to the growth of the sector. The consulting firm determined that the five most major problems are as follows: increased performance, increased interoperability, lowered complexity and cost, supportive regulation, and increased collaboration.
There are times when people may refer to the cryptocurrency Ethereum as the “lord of decentralized finance” (DeFi). There are a total of 2,912 decentralized applications (DAPPS) on Ethereum, and the website stateofthedapps.com reports that these applications have more than 103,03K daily active users.
In addition to this, the DAPPS completed more than 228,75,000 transactions throughout the course of the preceding twenty-four hours. According to the data provided by DAPP Radar, Polygon was able to attract more than 75,000 active users in one week.
As a consequence of the emergence of decentralized financial applications, the platform is continuing to achieve new heights of success. Users are interested in Polygon not just because to the opportunities for yield farming it presents, but also due to the fact that it interacts with other firms such as Aave and Yearn Finance.
In addition to this, they are contributing a significant amount of value to the platform in the form of layer 2 solutions.
Sandeep Nailwal, co-founder of Polygon and chief operating officer (COO), said on the Consensus by Coindesk 2021 that serial entrepreneur and investor Mark Cuban had invested an undisclosed quantity in Polygon.
The amount that Cuban invested was kept confidential during this process. When a notable person not only declares their vocal support for a project but actually displays this support by investing liquidity in the firm, the price of cryptocurrencies often skyrockets. This may be caused by a number of different factors.
Mark Cuban has established himself as one of the most well-known people in the field of digital investment since since he made the announcement in 2021 that Dogecoin (DOGE) would be the official cryptocurrency of the Dallas Mavericks.
In addition to this, he has been extremely vocal about the use of cryptocurrencies in day-to-day life and has been an advocate for their widespread adoption.
His collaboration with Polygon and its revolutionary token MATIC gives the overall project with mileage across the world and encourages users to engage in independent research about the coin prior to making a choice regarding it.
It is difficult to think that there are any disadvantages to investing in MATIC due to its many advantages; nonetheless, these disadvantages do in fact exist.
Let’s take a more in-depth look at the issues that are associated with the MATIC cryptocurrency so that we can more correctly evaluate the advantages of investing in MATIC to the disadvantages of doing so.
The sole reason why a layer 2 scaling solution was required was because users of Ethereum’s decentralized financial applications were complaining about the slow processing speed of the network. This was the only reason why a solution was required.
As a direct consequence of this innovation, new businesses like as Binance and Tron, which had previously functioned as ERC20 tokens on the Ethereum network, moved their operations to independent blockchains. These particular blockchains were capable of expanding at a rate that was somewhat faster than that of Vitalik Buterin’s innovation.
New cryptocurrency projects like as Polkadot and Chainlink are two examples of those that are now in development with the purpose of providing functionality that is comparable to that of Polygon.
Polkadot and Chainlink both provide the same scalability option as Polygon, which is also the aim that they are striving toward when it comes to making blockchains interoperable with one another. Cardano, whose operations are overseen by Charles Hoskinson, eagerly anticipates the day when it will be able to fully allow smart contracts on its blockchain.
It is possible that stringent regulation would render worthless any investments that have been made in MATIC. It is possible that issues with cryptocurrency mining in China are to blame for the current dismal view of the industry.
The new currency issued by Polygon, which now trades at a price that is not very high, has a fair probability of becoming one of the cryptocurrencies that is hit the hardest on an international scale.
The price at which you are able to sell Polygon will change according on the strategy or application for trading cryptocurrency that you use. Some systems may charge you a varying amount of money for their services depending on the number of polygons that you want to sell.
If this is the case, you should read the terms and conditions of the software carefully. On the cryptocurrency market in Canada, numerous programs charge trading fees on top of costs that are determined by the asset’s volatility. These fees are in addition to the fees that are levied.
You will be forced to pay a maker fee in the event that a buyer does not match your order in the order book. In this scenario, the order will not be fulfilled. The market’s ability to transact is directly correlated to this pricing.
There will not be a maker fee assessed to you if you select the option to place an order after the limit has been reached.
The difference in price between the price at which you wish to sell Polygon and the price at which it is now trading on the market is referred to as the spread when you are selling Polygon.
A spread fee will be deducted from your total profit when you sell Polygon using the overwhelming majority of cryptocurrency trading tools or websites.
When you transfer money from your regular bank account into your cryptocurrency account, you will be asked to pay a fee to make the deposit. This fee will be deducted from the amount of money you move.
For example, if you make a deposit into your account by using a credit or debit card, you could be required to pay a charge equal to up to three percent of the total value of the deposit.
Imagine that you have successfully sold your Polygon assets by using an app or website that allows cryptocurrency trades, and that you now wish to withdraw the money from the sale of your assets.
When you wish to transfer your cash or assets to your bank account or wallet, you will be forced to pay a certain withdrawal fee. This charge may vary depending on the method of withdrawal you choose.
You will need to sign up for an account with a cryptocurrency exchange or service that is based in Canada if you want to buy Polygon inside the borders of Canada.
There are a few of them available, and all that is needed of you is to go through the verification process on the exchange that you choose, deposit Canadian dollars to your account, and then acquire MATIC. There are a few of them available.
The following is a list of the top cryptocurrency exchanges in Canada, rated according to how easy it is to use the exchange, how trustworthy the exchange is, and how much it costs to buy Polygon using the exchange (MATIC).
Get a $20 CoinSmart Welcome Bonus now when you sign up - Claim this offer
Coinsmart is the platform that a substantial amount of Canadians prefer to use for purchasing Polygon (MATIC). This preference can be attributed to a variety of factors, including low transaction fees, a streamlined buying and selling process, high levels of security, and many more.
If you deposit over $2000 you may avoid deposit fees. Coinsmart gives both inexperienced and seasoned investors access to high-quality trading tools that are powered by MATIC.
If you do not already have an account with them, there is absolutely no need for fear on your part. Putting it together is not a difficult task at all.
The most significant advantage is that you won’t have to wait anywhere from three to five days for your account to be validated, which means that you may start trading as soon as possible.
This may be the case if you were monitoring the price of Polygon and saw that it dropped while you were doing so, and you now want to buy it right now. If you utilize this link, Coinsmart will give you a free $20 to spend, which you can then trade in for Polygon credits.
Get a $25 bonus when you sign up and trade $100 - Claim this offer
The Canadian-based cryptocurrency exchange known as Newton makes it straightforward to purchase Polygon (MATIC) coins inside the nation. Newton is just one of several such exchanges.
If you are interested in buying MATIC, you should think about buying Newton instead due of its nice user interface. Because Newton is a cryptocurrency exchange that does not charge any fees, the process of depositing and withdrawing money is totally free of charge.
However, the spread at Newton is bigger than it is at other exchanges, which means that your transaction costs will be higher if you choose to trade there.
Even yet, its fees are far lower than those of the vast majority of bitcoin exchanges. Newton is a wonderful choice for beginners who are interested in obtaining MATIC.
Not only is it one of the most user-friendly cryptocurrency exchanges in Canada, but it is also widely regarded as one of the most trustworthy cryptocurrency exchanges in the country.
When you sell bitcoin via a wallet, what you’re really doing is selling cryptocurrency from your own wallet. The great majority of wallets, if not all of them, now make it possible to sell a range of cryptocurrencies, and Polygon is one of such cryptocurrencies.
Using Bitbuy to make your purchase of Polygon should not provide you with any difficulties. On the Canadian market, Bitbuy has established a strong reputation for being a trustworthy and well-regulated cryptocurrency exchange and wallet. In addition, its trading expenses are very low, coming in at either 0.1 percent or 0.2 percent, although its deposit fees are somewhat expensive, coming in at 1.5 percent.
Bitbuy provides its customers with two distinct trading platforms: Express, which is intended for users with little to no prior trading knowledge, and Pro, which is intended for traders with extensive trading expertise who are looking for order book data and more advanced trading tools.
Making a deposit of Canadian dollars into your Bitbuy account with the use of an Interac e-Transfer is one of the easiest ways to acquire Polygon if you are just beginning your venture into the world of cryptocurrencies.
Bitbuy is regarded as one of the most respectable cryptocurrency exchanges and wallets in Canada due to its user-friendly interface, moderate fees, and top-tier security, as well as its standing as one of the most popular cryptocurrency exchanges in Canada.
The main purpose of the Polygon project is to provide a layer-2 solution for the Ethereum network. This will be the project’s core focus. The development of a blockchain-based infrastructure is one of Polygon’s long-term priorities and objectives.
A more user-friendly digital environment will be the consequence of giving developers the power to create their very own blockchains, replete with the developer’s very own one-of-a-kind modifications, and then linking those blockchains together.
It is anticipated that the value of Polygon will increase over the long run after these kinds of strategic activities have been put into action.
In the meantime that they wait for Polygon to continue its expansion and gain in value, investors now have the possibility to stake their MATIC tokens and earn more cryptocurrency by doing so.
In contrast to the Ethereum blockchain, which can only handle around 15 transactions per second, Polygon sidechains have the potential to execute up to 65,000 transactions in a single second.
As a direct result of this, Polygon has been recognized as being among the most effective remedies to the scalability challenges that Ethereum is experiencing.
Additionally, not only do all of Polygon’s sidechains connect directly with the Ethereum blockchain, but they also engage with one other and with one another, in addition to interacting with the Ethereum blockchain.
At the end of the day, this paves the way for shared and interoperable smart contracts as well as apps that are decentralized (dApps). It did not seem possible until very recently that users of various blockchains would be able to swap bitcoins and other assets in a smooth way.
Thanks for checking out how to sell Polygon.
Make your money do more.
Yes, you can purchase MATIC in Canada. Canadians are increasingly putting their money into Polygon as an investment.
You won't have any trouble trading Polygon in Canada. Simply choose the cryptocurrency exchange of your choice and click the "trade" button. Trading MATIC with any of the aforementioned trading pairs will be available to you.
Layer 2 solutions are required in order to resolve Ethereum's scalability concerns because of the high cost of gas and the network congestion. Polygon is a layer 2 solution that is gaining more and more traction among developers and consumers of cryptographic currencies. The scaling of Ethereum will continue in 2022, making Polygon an excellent investment opportunity for Canadians.
Polygon, formerly known as Matic Network, is the first Ethereum scaling and infrastructure development platform that is well-structured and simple to use. Polygon was once known as Matic Network. The Polygon Software Development Kit (SDK), which is a modular and adaptable framework that enables the creation of a wide variety of applications, serves as its primary component.
It is strongly suggested that you make your purchase of MATIC on one of the cryptocurrency exchanges like Bitbuy, Binance, Newton, or Coinberry.