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View ChartThe Ethereum blockchain supports a wide variety of economic activities, including NFT markets, gaming and the growing DeFi ecosystem. It is well suited to this activity because it is compatible with smart contracts, which can be used to develop a wide variety of applications.
However, the growing popularity of these applications adds to the number of transactions on the Ethereum blockchain, and as a result, transaction fees (also known as 'gas') can sometimes rise to the point where making small or frequent investments becomes uneconomical.
Enter Polygon: a 'layer 2' scaling solution (or 'sidechain') that has emerged to provide users with faster transactions and lower costs. It acts as a speedy parallel blockchain running alongside the main Ethereum blockchain. You can 'bridge' some of your crypto over to Polygon to interact with a wide range of popular crypto apps that were once exclusive to the main Ethereum blockchain.
Polygon uses a proof-of-stake system. Participants must stake, or hold, their POL tokens in order to validate network transactions, and successful validators earn POL as a reward.
As a secondary scaling solution, the Polygon network aims to address the limitations of the Ethereum platform, namely high transaction fees and slow processing speeds. Polygon can:
POL is the native cryptocurrency of the Polygon network, a Layer 2 scaling solution that speeds up and lowers the cost of Ethereum transactions and decentralised applications (dApps). It acts as the primary token for fees, staking (Proof-of-Stake), governance and securing the network. POL is the upgraded, next-generation version of the former MATIC token. POL is designed to support a vast ecosystem of interconnected blockchains (zk-rollups) and enhance interoperability. It empowers users to earn rewards for securing data and decentralising transaction sequencing.
The easiest way to buy POL is through a crypto exchange like BTCC. BTCC makes purchasing POL easy and accessible whether you use fiat currency or crypto. Trusted by over 9.1 million investors across 100 countries, BTCC is dedicated to offering excellent crypto trading service for all trades. If you're ready to dive in and make your first POL purchase, register with BTCC today.
Buy in just 4 steps (Register → Verify → Deposit/Purchase → Receive Coins)
Choose Polygon (prev. MATIC) products that suit your trading style
Zero slippage, ultra-fast matching, supports large spot transactions seamlessly, ideal for long-term asset allocation and spot accumulation.
TradeIndustry-low fees, supports up to 50x leverage. Go long or short flexibly to capture intraday market movements.
Trade| Feature | POL (Polygon) | OP (Optimism) | ARB (Arbitrum) |
|---|---|---|---|
| Scaling Architecture | AggLayer + ZK-Rollups + PoS | OP Stack (Superchain Optimistic) | Arbitrum One (Optimistic) + Orbit |
| Token Utility | Multi-Chain Gas + Hyper-Staking + Governance | Superchain Governance (No Gas Function) | Arbitrum DAO Governance (No Gas Function) |
| Cross-Chain Liquidity | Instant ZK liquidity aggregation via AggLayer | Relies on standard bridges & shared security | Isolated Rollup chains with fragmented liquidity |
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