Sick of high Ethereum (ETH) gas fees? Switch to Polygon (MATIC) instead! Thanks to an increase in users and developers, Polygon (MATIC) has seen a meteoric rise in popularity in recent years. We will also go through how to convert ETH to MATIC at the most advantageous exchange rates.
CAN I SWAP ETH TO MATIC?
Yes, you can convert ETH to MATIC, straight from your favorite DeFi wallet like MetaMask, Coinbase DeFi wallet, Trustwallet, etc. You can use RocketX to convert at best price across 250+ centralized and decentralized exchanges. Also, you can skip offering any personal or financial details, making the method more secure overall.
HOW TO CONVERT ETH TO MATIC?
Want to convert ETH to MATIC at the best price across DEXs and CEXs? Even if you are new to crypto, here’s a simple guide on how to easily convert ETH to MATIC Coin on our app, RocketX:
- Connect your DeFi wallet.
- Select Ethereum network and ETH token in the first dropdown.
- Select Polygon MATIC Network and MATIC token in the second dropdown.
- Optionally, you can choose to enter a different Polygon MATIC chain destination wallet address.
- Cross-Chain Swap!
Viola! You’re all done! You will receive MATIC tokens with 1-click!
WHAT BENEFITS OF SWAPPING ETH TO MATIC USING ROCKETX?
- No custom wallet
- No pre-deposit or collateral
- No wrapped/synthetic counterparty asset
- No hidden fees
- No hopping around exchanges in search of lower price
RocketX lets investors swap across chains at the best price in a secure and efficient way. The liquidity is obtained through leading CEXs & DEXs Pool, which has the highest liquidity compared to individual exchanges.
RocketX multi-chain swaps are therefore cost-effective and have minimal slippage. The platform fee can be slashed down by 100% by holding the exchange’s token RVF. With just 1-click you can swap crypto across chains in a jiffy.
WHAT IS ETHEREUM (ETH)?
- Ethereum is a blockchain-based decentralized global software platform at its heart. It is well known for ether, often known as ETH, which is its native cryptocurrency.
- The blockchain technology that powers Ethereum enables secure digital ledgers to be publicly created and maintained.
- Bitcoin and Ethereum have many similarities but different long-term visions and limitations.
- Ethereum is transitioning to an operational protocol that offers incentives to process transactions to those who stake their ETH.
- Ethereum is the foundation for many emerging technological advances.
WHAT IS POLYGON (MATIC)?
- MATIC is an ERC-20 token, which means that it can be used with other cryptocurrencies based on the Ethereum platform.
- The MATIC token-powered Polygon platform was introduced to connect and develop Ethereum-compatible applications and blockchains.
- MATIC tokens are employed to control, protect, and cover transaction costs on the Polygon network.
- To efficiently run the platform, Polygon employs a modified proof-of-stake consensus technique.
- The Polygon network seeks to solve the Ethereum platform’s drawbacks, particularly its high transaction fees and sluggish transaction processing times, as a supplementary scaling option.
CONCLUSION
Both ETH and MATIC are well-known and popular in the cryptocurrency community. Both assets provide a variety of tempting attributes, yet one asset may be more suitable for a particular trader.
RocketX is a flexible platform that provides a variety of ways to exchange Ethereum and MATIC. We want to offer customers a platform where they may exchange between all the most widely used cryptocurrencies, trade them, and quickly diversify their cryptocurrency portfolio.
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