We are excited to announce support of Polygon with it’s utility token MATIC.
LCX is now supporting Polygon $MATIC at LCX Exchange. Deposits are now open. Trading will start tomorrow with two trading pairs MATIC / LCX and MATIC / EUR.
Polygon is a platform designed to support infrastructure development and help Ethereum scale. Polygon rebranded from Matic Network in February 2021 and pivoted towards supporting multiple Layer-2 infrastructure.
MATIC, the native token of Polygon, is an ERC-20 token running on the Ethereum blockchain. The tokens are used for payment services on Polygon and as a settlement currency between users who operate within the Polygon ecosystem. The transaction fees on Polygon sidechains are also paid in MATIC tokens.
Customers can sign up for a LCX account here to deposit $MATIC today.
Starting from today Monday, May 24th, 2021 at 08:00 PM CET, customers will be able to transfer $MATIC into their LCX account. Customers will be able to transfer this to their LCX Exchange wallet or place trading orders when the trading starts.
MATIC / LCX starting on Tuesday, May 25th at 01:00 PM CET
MATIC / EUR starting on Wednesday, May 26th at 01:00 PM CET
Important Note: Trading cryptocurrency is complex and comes with a high risk of losing money. You should carefully consider whether trading cryptocurrencies is right for you and take the time to learn how trading works and decide how much money you are prepared to lose. This content is not financial advice and should not form the basis of any financial investment decisions nor be seen as a recommendation to buy or sell any good or product.
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