Here is where to buy Polygon (MATIC) after the dip as its price bounces back

The price of Polygon (MATIC) has started rising again after the dip. The coin has surged by more than 10% today amid the whitelisting of Affyn’s IDO on Polygon.

To help investors and traders who want to buy Polygon (MATIC), Invezz has created a brief article to help with identifying the best places to buy it.

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Best places to buy Polygon token

Binance

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eToro

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Disclaimer

What is Polygon (MATIC)?

Polygon (MATIC) is the native token of the Polygon blockchain network.

Polygon blockchain network was formerly known as Matic network and it is Layer 2 scaling solution backed by Coinbase and Binance. It actively transforms Ethereum into a full-fledged multi-chain system and thus the reason why it is commonly referred to as the internet of blockchains.

Polygon is similar to Avalanche, Cosmos, and Polkadot with the only difference being that Polygon uses Ethereum’s security and has a more vibrant ecosystem. It combines the Plasma framework with a Proof-of-stake consensus mechanism to allow for the execution of scalable and autonomous smart contracts.

The key components of Polygon include the Polygon SDK, a flexible framework that supports the creation of different applications, and a modular.

Should I buy the Polygon token today?

If you want to invest blockchain that believes in the metaverse and whose coin has prospects of rising, then you could buy the Polygon (MATIC) coin.

Nevertheless, you should be aware of the fact that buying the cryptocurrency market is extremely volatile.

MATIC price prediction

Polygon (MATIC) is among the few cryptocurrencies whose price was spared the huge drops witnessed across the larger crypto market the past two weeks. The MATIC dip seems to have hit bottom and analysts expect the coin to close January above $2.0.

$MATIC social media coverage