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MATIC trading is one of the issues that has attracted the attention of people active in digital currency markets. To buy and sell digital currency such as MATIC, you can buy and sell if you have a digital wallet such as Metamsk, Trust Wallet, Binance Wallet or any other wallet that supports MATIC.
Through these wallets, you can usually connect directly to sites and exchanges that support MATIC and make your transactions. It is better to make sure that the site or exchange you are looking for is valid before making any transaction. You can learn more about the most important features and advantages of MATIC digital currency in the continuation of this article from Pooyan Music site.
MATIC is a digital currency based on the Ethereum blockchain. MATIC’s main goal is to solve the problems of scalability and speed in the Ethereum network. The main Ethereum network faces problems in scalability due to limitations such as limited transaction capacity and high costs. This problem creates a great obstacle for the use and expansion of programs and projects that can be implemented on the Ethereum network. MATIC adds scalability and speed to the network by providing a second layer on top of the Ethereum network, also known as the high-speed layer.
By using plasma technology, MATIC increases the number of valid transactions and greatly reduces the time of transaction verification. In addition, transaction costs are also significantly reduced. MATIC is an open source platform that allows developers to run new applications and devices on the MATIC network. This platform includes tools and services that developers can use to build and manage DAPs.
Everything you need to know about MATIC
As a second layer platform on the Ethereum network, MATIC provides high scalability for transactions. By using MATIC technology, it is able to process more transactions in a certain time unit, which leads to improved speed and reduced transaction costs. By using MATIC, the time of transactions is significantly reduced. The MATIC network is able to perform transactions in less than one second, which provides a better user experience and accelerates the execution of DAPs.
The use of MATIC helps developers and users of digital currency to significantly reduce transaction costs. By processing transactions in the second layer of MATIC, transaction costs are significantly reduced and allow users to perform transactions at a lower cost. MATIC uses proof-of-stake technology for network security.
With this method, service providers are responsible for network security by maintaining and replacing conflicts instead of hard and costly calculations for extracting blocks. This makes the MATIC network highly secure and simultaneously provides speed and scalability capabilities. One of the important advantages of MATIC is the direct connection to the Ethereum network. This issue allows the developers to run their programs and devices easily on the MATIC network and benefit from the enjoyable features of this network.
MetaMask is one of the most popular web wallets for storing digital currencies such as MATIC. TrustWallet is also a powerful mobile wallet that is suitable for storing digital currencies, including MATIC. MyEtherWallet is another popular web wallet that allows you to safely store and transact MATIC currencies.
First, you need to choose an exchange that supports MATIC digital currency. Make sure the exchange is reliable and secure. Some exchanges require you to register as a new user and verify your identity. This process may include sending identification documents such as a passport or national identity card. After verifying your identity, you need to add your capital to the exchange account. For this purpose, you can usually use other digital currencies such as Bitcoin or Ethereum.
After adding capital, search for MATIC digital currency in your exchange. You can usually find it by searching for MATIC or Polygon. Once you find the MATIC icon, you can see its current price. Then enter the amount you want to buy and place your purchase order. Your exchange will then process the transaction and transfer the MATIC to your wallet.
