Polygon (MATIC)

Coinbase supports Polygon (MATIC) transactions via the Ethereum network. Sending transactions via Polygon (MATIC) main-net will result in the loss of funds. 

What is Polygon (MATIC)? 

Polygon (MATIC) is an Ethereum protocol that aims “to create, issue, and manage digital securities on the blockchain.” By creating a compliance-focused standard (ST-20) to issue and manage security tokens, Polymath seeks to “tokenize and trade traditional and new classes of assets.”

What products support MATIC?

  Send/Receive Trading
Coinbase         ✔       ✔
Pro         ✔       ✔
Wallet         ✔      ✖️

What regions support MATIC?

  US NY CAN EU UK DE SG JP
Coinbase     ✔  ✔   ✔  ✔  ✔  ✔ ✖️
Pro    ✔  ✔   ✔  ✔  ✔  ✔ ✖️
Wallet  ✔  ✔   ✔  ✔  ✔ ✖️

Crypto to fiat trading pairs 

  US UK EU
USD    ✔  ✖️   ✖️ 
GBP   ✖️  ✔   ✖️
EUR ✖️  ✔   ✔

Note: Coinbase Wallet does not support direct bank transactions. You’ll need to transfer your crypto to Coinbase.com or send it to an external address in order to cash out.

Crypto to crypto trading pairs 

  USDC BTC  ETH
USDT
MATIC     ✖️   ✔   ✖️     ✖️

See the full list of countries that Coinbase supports for crypto-to-crypto trading.

Note: Only assets hosted on the Ethereum blockchain can be converted through the Coinbase Wallet mobile app at this time. Learn more about trading on Coinbase Wallet.

How many confirmations are needed for MATIC?

MATIC requires 35 network confirmations. Learn about transaction confirmations.

Which blockchain network hosts MATIC?

MATIC is hosted on Ethereum. 

What are the minimum and maximum withdrawal amounts?

Coinbase has implemented safeguards to ensure a healthy and efficient network both on-chain and through our platform.  

These safeguards include both minimum and maximum amounts for each cryptocurrency we allow customers to send through the blockchain.

Minimum: 265 MATIC    

Maximum: 6,250,000 MATIC

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