Polygon is a "layer two" or "sidechain" scaling solution that runs alongside the Ethereum blockchain - enabling fast transactions and low fees. The native token on Polygon's network is MATIC. This cryptocurrency is used on the network for fees, governance (meaning MATIC holders can vote on changes to Polygon) and strike, among other things.
Usually, the name of the cryptocurrency is a corruption of the company to which the token is linked. In the case of Polygon, this differs greatly from the native token's name, which is MATIC. Originally, Polygon started as a company in 2017 under the name MATIC (hence the name of the native token). In 2021, MATIC rebranded to Polygon.
Ethereum owes a lot to Polygon. Thanks to Polygon, Ethereum is transforming into a fully-fledged multi-chain system (aka Internet of Blockchains). Polygon is effectively transforming Ethereum into This multi-chain system is akin to other blockchains like Polkadot, Cosmos, Avalanche etc. with the benefits of Ethereum's security, vibrant ecosystem and openness.
If you wish to purchase Polygon's token, MATIC, it is recommended that you store it in a secure location. One of these safe places is the Anycoin Vault. The Anycoin Vault allows you to quickly and easily buy, sell and swap your MATIC. In addition your funds are protected from third parties and malicious actors, as no one but you can access your funds.
We at Anycoin Direct are committed to the original essence of cryptocurrencies and namely that you are the boss of your own bank. We stimulate this by offering a platform where you can easily and safely determine which cryptocurrencies you own and trade.
Anycoin Direct is officially registered with De Nederlandsche Bank and the Austrian FMA. In addition, we always implement the latest security protocols.
Store your coins in our secure Vault or send them to your personal wallet. You decide how your coins are stored.
Over 500,000 Europeans are part of the Anycoin platform. In addition, Anycoin Direct is the best rated crypto broker in Europe.
With over 14.000 reviews on TrustPilot (average of 4.5 stars) and an official registration with De Nederlandsche Bank (DNB), Anycoin Direct is one of the most trusted crypto services in Europe since 2013.
Do you have any questions about a specific coin, a payment, or any of our services? Know that you can call us, email us, or start a livechat. At Anycoin Direct, you get personal assistance. No chat-bots, but real people.
Anycoin Direct is active since 2013, making it one of the oldest crypto brokers in the Netherlands. Anycoin has an official registration with the DNB and is the official crypto partner of PSV Eindhoven and Heroes Den Bosch. A true pioneer in the European crypto scene.
Anycoin Direct supports all common payment methods, from SEPA to credit card. On our platform, you buy Bitcoin within seconds.
You can create a free Anycoin Direct account within minutes.
Verify your identity with one of our trusted verification partners.
Buy, sell, swap and store your favorite coins. Never miss a moment.
The Vault is a safe alternative to the traditional crypto wallet for those who want to buy, sell and swap their coins on Anycoin Direct. Within the Vault you can store all your digital assets and swap them against one another. Still want to send crypto to an external wallet like your Ledger? No problem, the Vault is an additional feature. The choice is yours.
Balances in the Anycoin Vault, are kept in a foundation. This foundation has only one purpose, to preserve our customer funds. This construction ensures that customers are entitled to compensation in the unlikely event of Anycoin Direct's bankruptcy. In addition, we want to reiterate that we always want to give customers a choice between using the Anycoin Vault and sending coins to an external wallet.
MATIC is mainly used for the following purposes, namely Fees and Staking. In the case of fees, MATIC is used to pay the fees consumed when transactions are made on the Polygon network. The MATIC token is a true utility token and connects participants within the Polygon ecosystem so they can communicate with each other.
MATIC is also used for staking. Polygon uses the Proof of Stake consensus mechanism. This means that Polygon's blockchain is secured by validators who own MATIC. These validators can participate in a staking program on the Polygon network, allowing them to earn staking rewards. Typically, the more MATIC you own, the greater the rewards. In addition, a lot of processing power is used by devices owned by validators to secure the network. these validators receive a reward in the form of MATIC to compensate them for providing security and maintaining the integrity of the network.
Polygon, originally launched under the name Matic Network in 2017, was founded by Jaynti Kanani, Sandeep Nailwal and Anurag Arjun. During the first years, Polygon mainly contributed to the development and optimisation of the Ethereum ecosystem. Polygon is, among others, responsible for the implementation of the Plasma MVP, the WalletConnect protocol and the widely used Dagger event notification engine on the Ethereum network.