Polygon (MATICUSD) is a blockchain platform designed to facilitate faster and more cost-effective transactions for decentralized applications (dApps). It is built on top of the Ethereum network and utilizes a Proof of Stake (PoS) consensus mechanism to validate transactions. Polygon offers a scalable and interoperable solution for developers to create and deploy dApps, with the added benefit of being able to connect to other blockchain networks. The platform also provides a range of tools and services, including a wallet, explorer, and developer documentation, to support the development of dApps. With its low transaction fees and rapid processing times, Polygon is quickly becoming a popular choice for developers seeking to build high-throughput, low-latency decentralized applications.

Instrument specification for POLYGON (MATICUSD)

Minimum order value 100
Description POLYGON
Maximum order value 10000
Transaction Step 100
Type Cryptocurrency
Trading Hours sunday-thursday 00:00-23:00, 23:05-24:00;friday 00:00-22:00;saturday 09:00-23:00, 23:05-24:00
Contract size / 1 lot Price * 1 USD
Deposit required 50%
Value of 1 pip 0.0001
Financial leverage 2:1
Minimal step 0.00001
Long swap (daily) -0.09808%
Short sale YES
Short swap (daily) -0.06858%
Distance SL and TP 0
3-day swap (date) 5

Historical spreads chart MATICUSD

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