By Ollie H - Crypto Consultant - 30-07-2021
The largest cryptocurrency exchange platform, Binance, has integrated the Polygon (MATIC) mainnet token. Investors with a Binance wallet can now officially buy and sell MATIC on the network. They can also use popular Dapps at a lower price without requiring access to the Polygon Ethereum Matic bridge.
Polygon's popularity is on the rise and is on its way to being one of the most extensively used blockchains for wallets and exchanges outside of Ethereum (ETH). Polygon has further integrations with brands including Trust Wallet, and Coinbase Wallet.
The added integrations to the polygon network provide developers with access to millions of users, attracting the best developers in the industry. Polygon connects chains compatible with the Ethereum platform. It offers the tools needed for building chains all under one network, and Polygon's PoS commitchain even has support from brands like Infura, Etherscan and Alchemy.
The multi-cross-chain approach that the Polygon network provides will aid in the building of a more robust ecosystem. The system replaces needing different chains to compete with the Ethereum network itself; forming a unity within the ecosystem to ensure maximum efficiency is reached.
With over $8.5 billion in TVL, the polygon network proves itself as a scalable system. Polygon Matic has shown to be the missing piece to the Binance platform. Polygon, one of the favourite crypto investments 2021, allows DeFi users to save money on fees while continuing to experience the benefits of DeFi.