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The layer 2 gigantic Polygon (MATIC) has been integrated into CryptoAltum’s MT5 trading platform, a low-fee trading platform created by Forex specialists.

What exactly is MATIC, and why is it traded?

Polygon is a layer 2 blockchain that sits on top of Ethereum’s layer 1 blockchain. Polygon is so important since it offers a variety of cost-cutting strategies. It also makes use of the Ethereum network, which is incredibly secure.

Polygon is a side chain that employs its MATIC money to make Ethereum transactions more affordable and efficient.

Transaction fees on the Ethereum blockchain have increased to intolerable levels due to the surge of DeFi and NFTs. As a result, developers have resorted to Polygon and the MATIC token to access Ethereum without scale concerns or hefty transaction costs.

As a result, MATIC has consistently outperformed ETH and has become one of the most liquid crypto assets in the world.

MATIC will be listed on CryptoAltum with other liquid assets like BTC, USDT, and ETH. With CryptoAltum’s simple MT5 trading platform, traders may trade MATIC with up to 50X leverage.

Trading with CryptoAltum has some advantages

The CryptoAltum platform excels in the essential requisites of every trader, in addition to being able to trade excellent altcoins of MATIC calibre at a leverage of 1:50.

Because we have the lowest costs in the business, you may put your money into your trades. Customers are not required to complete KYC, allowing you to save time while maintaining your right to privacy.

Another significant benefit is the piece of mind that comes with quick and easy withdrawals, while free conversions from one crypto eliminate another source of pain for traders.

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