Today we’re excited to be adding two of the most popular crypto assets to the Blockchain.com Exchange — Polygon (MATIC) and Maker (MKR).
The rise of DeFi and NFTs has put enormous pressure on the Ethereum network. Polygon has emerged as one of the most promising solutions for scaling Ethereum, with its Layer 2 sidechains that enable faster and cheaper transactions. MATIC is the token that powers the Polygon network. The more Polygon is used for scaling Ethereum, the more demand there is for MATIC.
Maker was one of the first and continues to be one of the most influential DeFi projects. It’s a smart contract lending platform that enables users to take out loans by locking-in collateral in exchange for the DAI stablecoin. MKR is the governance token of the Maker system. Holders have voting rights over the development of the Maker protocol.
Initial trading pairs for these new assets include MATIC-USD, MATIC-USDC, MATIC-USDT, MKR-USD, MKR-USDC, MKR-USDT.
If you’re new to the Exchange, be sure to check out Simple Trade which enables you to quickly and easily buy these assets using USD, GBP, and EUR.
Log into the Exchange to get started trading.