MATIC to BTC conversion chart
Polygon Matic to Bitcoin correlation
According to the correlation analysis, MATIC and BTC have a strong relationship with each other and correlate. Whenever there is a change in the price of MATIC then BTC also tends to follow the same pattern and move together.
MATIC Price Change and Market Cap
Currently, the MATIC price is 0.000005 BTC and the 24-hour change is -2.55%. The market cap of Polygon today is $1 with a total of 1.239 MATIC in circulation. In the past 24 hours, the MATIC price peaked at 0.00000463 BTC and the lowest price was 0.0000043 BTC.
Polygon Price Prediction
MATIC hit the market in April 2019 after an Initial Exchange Offering on Binance, attracting plenty of attention. In June 2020 mainnet finally went live, though it was not until launching staking in July that the price moved. All in all, 2020 was a volatile but barely profitable year for MATIC holders, as it opened at $0.014 and closed around $0.018. After the rebrand to Polygon Network in February 2021, MATIC earned recognition and reached $2.68 in May 2021. At the very end of 2021, MATIC broke that record, too, and rose to $2.87.
In the MATIC price predictions in a year from now, experts give a very wide range of targets — from $2.84 all the way up to $8. In 2025, different predictions also give targets that have a fivefold difference: from $1.9 to $10.94. By 2030, MATIC will be trading for double-digit prices up to $70.
Polygon Wallets
Still confused about which wallet to pick?
We recommend Trezor, CoolWallet S and Exodus wallet. Each of them has peculiarities and serve different purposes. In all of these wallets, you can store MATIC, monitor live Polygon prices and also exchange it from ChangeHero without leaving the application.
MATIC to BTC exchange margin
The closing conversion rate for MATIC to BTC yesterday was {{LAST}}. Considering today’s exchange rate, a transaction of 1 MATIC to BTC would result in an output of 0.000005 BTC.
How to convert Polygon Matic to Bitcoin
Polygon Matic and Bitcoin comparison
The Matic cryptocurrency is used as a means of exchange for payments and settlements with the Polygon network participants. Polygon, rebranded from Matic Network, is a Layer-2 scaling solution that offers a variety of tools to increase the speed, lower the costs, and simplify payments on blockchain networks. Polygon positions itself as an extension to Ethereum, aimed at reducing the cost of transactions on Ethereum blockchain and speeding them up.
Bitcoin was developed by Satoshi Nakamoto in 2009 with the idea of providing a peer-to-peer payment system using blockchain technology. Bitcoin network is decentralized and has an immutable record of transactions. The sole purpose of Bitcoin is to enable a means of payment system for people to transact value without any middlemen.
What is Polygon?
Polygon Network is an Ethereum-based interoperability solution for Ethereum-compatible chains. The problem is, even though there are scaling solutions on Ethereum, they cannot communicate with each other properly. This is the challenge Polygon sets out to solve.
To enable faster transactions and lower gas costs, Polygon leverages the Proof-of-Stake consensus algorithm. Ethereum is only used for finality and communication between Polygon chains, and the main bulk of operations happens on Polygon.
Polygon started out as Matic Network, a L2 scaling solution for Ethereum. However, along the way developers realized that there needs not be one single scaling solution. Instead, they set out to incorporate all of them into a single system and make it more approachable for use and development. This is why in 2021 they rebranded to Polygon.
Polygon Matic to Bitcoin price details
MATIC to BTC Conversion Rate and Price
Currently, the conversion rate for 1 MATIC equals to 0.000005 BTC. The 24-hour highest price of Polygon Matic in relation to BTC was 0.00000463 BTC and the lowest was 0.0000043 BTC. In short, MATIC price in relation to BTC changed by -2.55%.
Instantly Exchange MATIC to BTC
On ChangeHero you can instantly exchange Polygon Matic to Bitcoin without signup. You can easily convert MATIC to BTC in a few clicks without worrying about the rates and fees. ChangeHero offers both the Best Rate and Fixed Rate for your MATIC to BTC exchange.
MATIC to BTC Best Rate Exchange
In the Best Rate exchange of Polygon Matic to Bitcoin, we search through various exchanges for the MATIC to BTC pair and find the best rate available in the market. We provide you with an estimation of the amount of BTC you will receive.
As soon as you accept the terms and the MATIC is deposited, the exchange will be automatically processed. We remind you that the final amount of BTC you receive may vary slightly due to the volatility in the price of the cryptocurrencies which affects the conversion rate of MATIC to BTC.
MATIC to BTC Fixed Rate Conversion
In the Fixed Rate exchange of Polygon Matic to Bitcoin, ChangeHero finds a good rate for the pair MATIC to BTC and fix the rate for up to 15 minutes. In the Best Rate exchange of MATIC to BTC, you will receive the exact amount of BTC which was shown in the estimate.
ChangeHero is a non-custodial service and never holds your cryptocurrency. As soon as the exchange is completed, we send your assets to the mentioned BTC address. ChangeHero is the best place to exchange MATIC to BTC fast and safe at the best rates.
Frequently asked questions
How long does it take to convert MATIC to BTC?
Usually, it takes around 15 minutes but the time may vary depending on how busy the network is.
Do I need an account to exchange MATIC to BTC?
No, you do not require an account to swap MATIC to BTC on ChangeHero. There will be no registrations for your Polygon Matic to Bitcoin transaction.
Do I need to go through KYC procedures for MATIC to BTC exchange?
There will be no KYC for the MATIC to BTC exchange. However, if our threat detection system raises the alarm then we ask you to complete a simple verification procedure that takes a few minutes.
Can I exchange BTC to MATIC?
Yes, you can instantly exchange BTC to MATIC on ChangeHero.
Buy and sell Bitcoin
Are you looking to buy Bitcoin? Now, on ChangeHero you can buy BTC with credit or debit card. Also, you can see your cryptocurrency on ChangeHero to US Dollars and Euro. Give it a try.
