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Polygon
| 1h | 24h | 7d | 14d | 30d | 1y |
|---|---|---|---|---|---|
| Market Cap | USD |
|---|---|
| 24h Vol (Global) | USD |
| Circulating Supply | MATIC |
| Current date |
MATIC/USD Price Chart
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Follow this real-time Polygon price chart to speculate on the price movements of the MATIC/USD pair. With this convenient live chart, you can view the current MATIC/USD price, analyze the price dynamics, trace historical MATIC to USD exchange rates, build your trading strategy, and trade Polygon with leverage on BitCiphex.
Trading conditions
| Commission | 0.05% |
| Min. order size | 0.01 MATIC |
| Min. order size change | 0.01 MATIC |
| Max. single trade size | 3000 MATIC |
| Max. exposure | 10000 USD |
| Max leverage | 20% (1:5) |
| Financing day / Long | 0.5861% Daily Funding Rate |
| Financing day / Short | 0.5861% Daily Funding Rate |
| Trading hours | 24/7 |
Margin requirements
BitCiphex allows to trade on margin. This means that you are able to leverage your investment by opening positions of larger size than the funds you have to deposit. Margin requirements vary from instrument to instrument and can be changed at any time to reflect market conditions.
| From | To | Margin requirements | Leverage |
|---|---|---|---|
| 0 | 3500 | 20% | 1:5 |
| 3500 | > | 50% | 1:2 |
| Commission | 0.05% |
| Min. order size | 0.01 MATIC |
| Min. order size change | 0.01 MATIC |
| Max. single trade size | 3000 MATIC |
| Max. exposure | 10000 USD |
| Max leverage | 50% (1:2) |
| Financing day / Long | 0.5861% Daily Funding Rate |
| Financing day / Short | 0.5861% Daily Funding Rate |
| Trading hours | 24/7 |
Margin requirements
BitCiphex allows to trade on margin. This means that you are able to leverage your investment by opening positions of larger size than the funds you have to deposit. Margin requirements vary from instrument to instrument and can be changed at any time to reflect market conditions.
| From | To | Margin requirements | Leverage |
|---|---|---|---|
| 0 | > | 50% | 1:2 |
Profile
Polygon-US dollar (MATIC/USD)
Polygon is a protocol and framework for developing Ethereum-compatible blockchain networks. MATIC's (Polygon's) purpose is to use level 2 sidechains, or blockchains that operate alongside the main Ethereum blockchain, to enable faster and cheaper transactions in Ethereum. 1 MATIC is equivalent to $1.40. The MATIC/USD rate indicates the amount of US dollars required to purchase a MATIC. You can watch real-time MATIC/USD prices and use the interactive chart to improve your technical analysis of this trading pair on, Coinmarketcap, CoinCodex, and other trading platforms.
Currency Information
Polygon
Polygon (MATIC) is a cryptocurrency and a technology platform that connects and scales blockchain networks. In 2017, Polygon, dubbed "Ethereum's internet of blockchains," debuted as Matic Network. In 2021, MATIC proved to be one of the most profitable cryptocurrencies. Polygon (MATIC), according to several crypto experts, might be a good addition to your investment portfolio, with the potential for its price to rise even further. Polygon (MATIC) is an Ethereum token that drives the Polygon Network, which is an Ethereum scaling solution. Polygon seeks to use Layer 2 sidechains, which are blockchains that operate alongside the Ethereum main chain, to deliver faster and cheaper transactions on Ethereum.
US dollar
A US dollar is made up of 100 cents. To distinguish it from other dollar-based currencies, it is designated with the symbol $ or US$. The United States dollar is the most widely used currency in the world and is regarded a benchmark currency.
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