CEX.IO Integrates Polygon! Transfer Crypto Faster and At Lower Cost

Cex.io is excited to announce integration with the Polygon network. The project has recently emerged as one of the leading full-stack scaling solutions, providing faster transaction processing at lower fees.

You can already use Polygon benefits when transferring MATIC to and from CEX.IO!

And soon you’ll be able to transfer all Ethereum-based via Polygon using your CEX.IO account. What’s more, the platform will serve as a bridge between the Polygon and Ethereum networks.

What this integration means for you

CEX.IO customers can now benefit from  fast, low costMATIC transactions. More digital coins and tokens are coming soon! You’ll be able to transfer almost any token built on Ethereum as they are supported in the Polygon chain.

What’s more, during overload periods in the Ethereum network, which happens quite frequently, you can use Polygon and transfer funds without delays. No need to pay an extra transaction fee!

The integration doesn’t require the use of different wallet addresses or external bridges. The Polygon blockchain is fully compatible with the Ethereum network and you can use the same address for both of them. Additionally, if you have Ethereum tokens on external wallets and want to move them into Polygon or vice versa, you will be able to simply deposit these tokens to CEX.IO. Then, withdraw your tokens to either Ethereum or Polygon wallet.

About Polygon

Polygon is the leading platform for Ethereum scaling and infrastructure development. Its growing suite of products offers developers easy access to all major scaling and infrastructure solutions: L2 solutions (ZK Rollups and Optimistic Rollups), sidechains, hybrid solutions, stand-alone and enterprise chains, data availability solutions, and more. Polygon’s scaling solutions have seen widespread adoption with 3000+ applications hosted, 1B+ total transactions processed, ~100M+ unique user addresses, and $5B+ in assets secured.

If you’re an Ethereum Developer, you’re already a Polygon developer! Leverage Polygon’s fast and secure txns for your dApp, get started here.

About CEX.IO

Founded in 2013, CEX.IO is an ecosystem of interconnected products and services that give people easy access to the opportunities of the cryptocurrency economy. CEX.IO serves the needs of a broad range of customers: from entry-level users to professionals and businesses. CEX.IO is regulated in multiple jurisdictions. The licenses CEX.IO holds include a Distributed Ledger Technology (DLT) license from Gibraltar’s GFSC, Money Transmitter Licenses in the US. Also, CEX.IO is registered as Money Services Businesses (MSB) with the Financial Crimes Enforcement Network (FinCEN).

SOURCE:
CEX.IO