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MATIC-NOK price

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Price updated every 2 minutes.

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About Polygon

Name

Ticker

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Launch date

Polygon

MATIC

30 May 2020

Website

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MATIC market info

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High (24h)

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kr

%

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Volume (24h)

2023 returns

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+33%

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Polygon FAQ

Find below the answers to the most common questions about Polygon and MATIC. When available, we give you links to in-depth articles for further reading.

MATIC is the native cryptocurrency of the Polygon blockchain. It is used to pay transaction fees on that network and to secure the platform through staking.


Right now, 1 Polygon is worth kr .


Right now, 1 Norwegian krone is equal to MATIC.


Polygon is a sidechain of Ethereum providing faster and cheaper transactions. Originally launched in 2020 as Matic Network, it was renamed Polygon in 2021.


The value of MATIC is basically linked to how thriving the Polygon ecosystem is. Considering that it is today one of the largest and most active sidechain ecosystem of Ethereum, it is an investment worth considering. Like any investments, it is risky and you should only invest after having carefully studied Polygon.


MATIC has been classified as a security by the US Securities and Exchange Commission (SEC) in 2023. In most of the rest of the world, MATIC is not classified as a security.


MATIC is not mined like Bitcoin is, since the Polygon network uses a Proof-of-Stake mecanism. Therefore, MATIC coins are distributed as rewards to validators and delegators who participate in securing the Polygon blockchain.

To stake MATIC, go on staking.polygon.technology, login by connecting a wallet on which you have MATIC (on Ethereum), choose a validator from the list, then follow instructions to delegate your MATIC tokens to that validator.


The price of MATIC refers to a global price that is calculated by making a volume-weighted average of its real-time price on many different exchange platforms where it is traded, such as Binance, Bybit, OKX, Coinbase, Kraken, etc.


You never store MATIC in itself. Instead, you store the private key giving you access and control over a MATIC address. That key is stored in a wallet, which provides an interface to use it. To learn more, read our in-depth guide on storing crypto assets.


To send MATIC, you use a Polygon wallet like Bridge Wallet where you will choose the amount to send and the destination address. Confirm and send, that's it!


You can buy Polygon with us here from Norway by sending us bank transfers in NOK, avoiding that way unnecessary currency exchange fees. For more information, have a look at our step-by-step tutorial on how to buy Polygon.


You can swap Polygon here against one of the cryptocurrencies that we support, using any self-custodial Polygon wallet. For more information, have a look at our step-by-step tutorial on how to swap Polygon.


To cash out Polygon with us, you simply need to transfer your crypto to our address. We'll convert your MATIC in NOK, then transfer the funds to your bank account in Norway. For more information, have a look at our step-by-step tutorial on how to sell Polygon.


Polygon price in other currencies

Check the price of MATIC in all the different fiat currencies that we support.


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Browse the price of the most popular cryptocurrencies among users of our service.


Polygon price in cryptocurrencies

Check the price of the main pairs to exchange MATIC with other cryptocurrencies that we support.

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Read on our blog everything you need to know to get started in the world of crypto on the right foot!

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