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Matic Network (MATIC), a Layer 2 project backed by Binance and Coinbase, has gained significant attention with its incredible rise in 2019. The project enables Ethereum developers to scale and enhance their decentralized applications for large-scale usage.
Based on the Ethereum network, the project significantly increases the number of transactions per second using PoS (proof-of-stake) and Plasma sidechains.
What is Matic Network (MATIC)?
The developer team describes Matic Network Coin as one of the fastest and highest transaction capacity cryptocurrencies. Matic Network is particularly ambitious in the field of Dapps, decentralized applications.
MATIC Coin Review
As of the writing of this article, MATIC Coin is ranked 114th. With a total market value of 87 million dollars, MATIC’s total supply is determined to be 10 billion. The circulating supply is increasing day by day, currently standing at 4.812 billion.
Supported by Binance, MATIC is expected to gain more prominence and growth as its decentralized application ecosystem develops. Currently, MATIC is priced at $0.018 and has experienced a decline in the last 24 hours.
How to Buy Matic Network Coin?
How exactly to buy MATIC Coin? Binance emerges as the most popular platform for users in this regard. The liquidity and security offered by Binance also influence investors’ choice.
- To buy MATIC Coin, first, deposit USD balance to the exchange or buy a cryptocurrency that can be used instead. For this, go to the Binance homepage, click on the “Buy Crypto” option in the top left, and then select the “Credit/Bank Card” tab.
- In the opened tab, choose how much USD you want to transact with, and then select Bitcoin, i.e., BTC, from the Coin section.
- After buying USDT, again preview the “Buy-Sell” option in the top left, click on the “Classic” tab.
- In the section that opens, select the BTC tab in the top right, press the search button, type MATIC, and choose the MATIC/BTC pair that opens below.
- Then go to the middle “BUY MATIC” tab, enter the amount you want to buy.
- Enter the desired amount and confirm the transaction to complete the purchase of MATIC Coin.
