Home Altcoins News If You Hold BEP2 MATIC Please Move Them to Binance

If You Hold BEP2 MATIC Please Move Them to Binance

If You Hold BEP2 MATIC Please Move Them to Binance

MATIC is known to connect blockchain networks which are compatible with Ethereum together. So, is it a good coin to invest? Does it have a future? Does Ethereum the core of the MATIC process have a future?

Matic is the ERC-20 that is used to power the Polygon Network.  Reportedly, if you want to withdraw MATIC it can take 5 minutes and sometimes 3 hours or even 7 days depending upon the method.

The Matic Web Wallet supports MetaMask. After connecting to your MetaMask account, it will then navigate back to the Matic Wallet interface. You can easily deposit your funds from Ethereum to Matic using the web wallet.

MATIC is the native cryptocurrency of the Polygon network and is used to help drive development across the network and can be used for staking and paying for transaction fees. Users can earn MATIC tokens by providing computational resources and services to the Polygon network.

Meanwhile in the latest happenings Polygon expressed:  The 150mn BEP2 MATIC provided for liquidity on BinanceChain(not BSC) in 2019 will be swapped for ERC20 MATIC from Foundation Wallet at 11:00 GST, Jan 12th.

As a user, If you hold MATIC on Ethereum, Polygon PoS chain or BSC or on Binance, no action is required. If you hold BEP2 MATIC please move them to Binance and withdraw MATIC on Ethereum, Polygon or BSC. All BEP2 MATIC will be burned when all users are done swapping.

Lark Davis Shared: “Matic is going to be a top 10 coin soon!”

Community Response:  MATIC in the 10th place never going to happen.  It feels great to be a Bitcoin Maximalist.

Not before or Ever After Matic will not be in the top 10 list. Stop shilling your bags. MATIC ecosystem is not as great as you project it to be.

MATIC has quite a bit of utility and all is until ETH stops being broken.

MATIC is great in my option, nearly fixes all the issues ETH is having currently.  The only thing I’m concerned about is the liquidity under 2.00 that could be attacked.

Except it’s still slow as whatever you want to compare it to call it worse. It’s hovering around 40 tps which is nowhere near the claimed maximum.

Matic is going to be a top 10 coin soon! How soon? Tomorrow soon, next week soon, next month soon, after bear market soon, Sunday so soon! Never Soon.

2022 is the year of the use case tokens.  Huge things coming around the corner. You can make an easy profit with altcoins, but in the end just like at the beginning it will be only one crypto. And that is Bitcoin.

 

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dan saada

Dan hold a master of finance from the ISEG (France) , Dan is also a Fan of cryptocurrencies and mining. Send a tip to: 0x4C6D67705aF449f0C0102D4C7C693ad4A64926e9

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