HomeNewscoinquora.comBinance Fully Integrates Polygon (MATIC) Token Wallet

Binance Fully Integrates Polygon (MATIC) Token Wallet

- Advertisement -


  • Binance completes Polygon (MATIC) mainnet token wallet integration.
  • Transactions should now be lower compared to using the Polygon-Ethereum bridge.

The world’s largest crypto exchange Binance announced that it has completed the wallet integration for the Polygon (MATIC) mainnet token. Even more, it has also opened deposits and withdrawals for MATIC.

Firstly this means, Binance traders can deposit and withdraw MATIC through their Binance accounts. More so, they can also interact with decentralized applications, or DApps, like Sushiswap, Balancer, Aave, and more.

Additionally to supporting MATIC mainnet token deposits and withdrawals, Binance also aims to support deposits and withdrawals of ERC20, BEP2, and BEP20 MATIC tokens.

Polygon solves hurdles associated with blockchains, like high gas fees and slow speeds, without sacrificing on security. Therefore, this integration is meant to ensure that traders can utilize said DApps cheaply and efficiently without using the existing Polygon bridge.

On the other hand, Polygon also launched blockchain gaming and NFT studio. The company introduced two initiatives. Firstly, there is  Polygon Gaming Studio. With this, the company aims to help developers create and market decentralized games.

Following then is the Polygon NFT Studio. Specifically, it aims to help brands and intellectual property owners launch customized digital collectibles and marketplaces.

“With the launch of Polygon Studios, games get 360-degree building support, big brands and much loved franchises can launch on Polygon, and gamers can enjoy a whole new world of play to earn opportunities and decentralised gaming,”.

CEO and founder of the largest crypto exchange said he is willing to step down from leading Binance as CEO. This comes amid Binance facing more regulatory pressure. Furthermore, the Binance exchange has just been banned in Malaysia. It has 14 days to cease operations in the region.



Source link

- Advertisement -
Mr Bitcointehttps://www.bitcointe.com/
“Fact You Need To Know About Cryptocurrency - The first Bitcoin purchase was for pizza.” ― Mohsin Jameel
462FansLike
76FollowersFollow
4,567FollowersFollow
5,261FollowersFollow
1,513FollowersFollow
2,230SubscribersSubscribe

Most Popular

bitcoin
Bitcoin (BTC) $ 63,092.00
ethereum
Ethereum (ETH) $ 4,235.29
tether
Tether (USDT) $ 1.00
bitcoin-cash
Bitcoin Cash (BCH) $ 623.08
litecoin
Litecoin (LTC) $ 195.68
eos
EOS (EOS) $ 4.89
okb
OKB (OKB) $ 24.74
tezos
Tezos (XTZ) $ 6.93
leo-token
LEO Token (LEO) $ 3.33
cardano
Cardano (ADA) $ 2.18
monero
Monero (XMR) $ 289.61
stellar
Stellar (XLM) $ 0.386478
chainlink
Chainlink (LINK) $ 32.21
huobi-token
Huobi Token (HT) $ 9.70
tron
TRON (TRX) $ 0.104902
usd-coin
USD Coin (USDC) $ 1.00
dash
Dash (DASH) $ 205.49
neo
NEO (NEO) $ 45.19
iota
IOTA (MIOTA) $ 1.40
nem
NEM (XEM) $ 0.176369
zcash
Zcash (ZEC) $ 167.88
maker
Maker (MKR) $ 2,517.62
paxos-standard
Pax Dollar (USDP) $ 1.00
ethereum-classic
Ethereum Classic (ETC) $ 55.80
vechain
VeChain (VET) $ 0.1448
true-usd
TrueUSD (TUSD) $ 1.00
ftx-token
FTX Token (FTT) $ 65.68
kucoin-shares
KuCoin Token (KCS) $ 17.60
waves
Waves (WAVES) $ 28.93