Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Please click here to read our full Risk Warning.

78% of retail investor accounts lose money when trading CFDs with this provider.

Polygon (MATICUSD)

We regret to inform you that Indication Investments Ltd is exiting the Temporary Permission Regime and will no longer be accepting clients from the United Kingdom.

Polygon (MATIC) is a sidechain to Ethereum's blockchain. It was created to increase the speed of dApps and smart contracts. Developers can transfer products that will work in Ethereum's ecosystem to Polygon while avoiding scaling problems. Roll-ups are used to increase throughput, check transactions outside the network and then re-publish them to it. Polygon's developers claim that it can process 7,000 transactions per second. Validators confirm all transactions in Polygon for a modest reward. By doing so, the Ethereum mainnet is not overloaded; the apps based on it work in Polygon. 

Polygon (MATIC) can't be mined, which means all coins are released only by this cryptocurrency's developers. The maximum supply of Polygon (MATIC) coins is 10 billion.

Polygon (MATIC)'s capitalisation at the beginning of April 2021 was over $1.8 billion. 

Trading options

The tokens started trading in March 2018. In just Q1 2021, MATICUSD increased more than 20.5 times in value! Its average intraday volatility was 20.2%.

How to buy and sell MATICUSD CFDs

You can buy and sell MATICUSD on specialised cryptocurrency exchanges. Alternatively, you can also do it through a broker or trading platform, such as MetaTrader 4 or Libertex, where leverage can be used, and you can trade even if the сryptocurrency's value goes down.

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