Buy Matic in New Zealand (MATIC)

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MATIC: NZD 1.20518
Nzd
Nzd
Matic
Matic
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MATIC: NZD 1.18900
Matic
Matic
Nzd
Nzd
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Explore our features

  • Buy and sell crypto

    You have simple and advanced ways to buy and sell Matic. Trade using the order book, website, mobile app or the API.

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  • Portfolio tracking

    Track your portfolio in real-time using the web portal or on your mobile app.

  • Dollar-cost averaging

    Automate your crypto investments with strategies that allow you to dollar-cost average (DCA).

  • Multi-currency trading

    Buy and sell Matic and other popular cryptocurrencies with NZD, or USD.

Buy Matic and manage your portfolio on the go

Buy and sell Matic (MATIC) and other popular cryptocurrencies anywhere, anytime with the Independent Reserve app.

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Matic price

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Most traded

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  • Ripple | XRP
    Nzd0.86219
    +0.19%
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  • Ethereum | ETH
    Nzd6,320.39
    −0.51%
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  • Bitcoin | BTC
    Nzd110,998.32
    −0.63%
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  • Tether USD | USDT
    Nzd1.61587
    −0.59%
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  • Solana | SOL
    Nzd278.5657
    +2.64%
    Buy

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What is Matic (MATIC)?

Polygon (formerly known as Matic Network) is a protocol for developing and connecting Ethereum-compatible blockchain networks. It is a layer 2 (L2) scaling solution designed to improve the overall adoption of the Ethereum blockchain. Polygon’s scaling solution supports a complete multi-chain ecosystem, ensuring that there is interoperability amongst one another and the Ethereum network.

With Ethereums current proof-of-work consensus protocol, the network can suffer from congestion, slow transaction speeds and low throughput. This can often lead to high gas fees (transaction fees) for users. Polygon has swiftly become a prominent feature amongst numerous DeFi protocols with multi-platform adoption continuing each day. Dampening such network effects, Ethereum users seeking a fluid DeFi experience (i.e low fees and fast transaction times) are adopting Polygon.

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