Welcome to Poloniex, MATIC!

Poloniex
The Poloniex blog
Published in
2 min readApr 10, 2020

Our new listings are continuing and today, we’re introducing Matic Network (MATIC) to Poloniex!

You can now deposit MATIC and trade MATIC/BTC, MATIC/USDT, and MATIC/TRX. We’re giving away a total of 100,000 MATIC to the first 100 customers who deposit at least 500 MATIC into their account so start depositing now!

Don’t have a Poloniex account yet? Sign up in seconds here.

To celebrate our new listing, we’re also kicking off our MATIC Trading Competition!

From April 10, 2020 at 21:00 UTC to April 17, 2020 at 20:59 UTC, our customers can show off their trading skills with MATIC and win. All MATIC traders who trade at least 80,000 MATIC during the competition will win from a total prize pool of 2,100,000 MATIC!

Once the competition starts, you’ll be able to track your rank on our MATIC Trading Competition leaderboard. All customers’ ranks and MATIC trading volume will be based on the sum of all buys and sells for all MATIC pairs during the competition period.

We’re excited to see what you’ve got!

For more information about the competition rules, click here.

What is Matic Network?

Matic Network aims to solve scalability issues in the blockchain ecosystem by providing Plasma-based side-chains on top of the Ethereum blockchain. The team aspires to decrease transaction fees and improve the user experience for individuals interacting with decentralized applications on Ethereum. MATIC, the native token of Matic Network, is an ERC-20 token. MATIC serves as both a means of settlement between applications and an instrument for payment to stakeholders who lock-up their tokens to validate transactions and vote on governance proposals. Learn more about Matic Network on their website.

MATIC Stats
Price: $0.01172825
Market Cap: $32,336,379
Market Cap Rank: #99
24hr Trading Volume: $19,398,567
Circulating Supply: 2,758,503,686 MATIC
7d Low / 7d High: $0.01144709 / $0.01372874
All-Time High: $0.045017 USD (May 21, 2019)
All-Time Low: $0.003012 USD (May 09, 2019)

Have an idea of what you want us to list next? Fill out our listing application or let us know on Twitter!

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Poloniex
The Poloniex blog

Since 2014, the legendary crypto exchange for traders to buy, sell and hodl 400+ assets, including BTC, ETH and the best altcoins on the market.