Earn Polygon (MATIC) for Free
Ethereum remains the most popular platform for decentralized applications (dApps). But with its popularity came the downside: network congestion. Ethereum users often complain about the long transactions and how expensive it is to move crypto assets globally.
Here comes an Indian-based blockchain project called Polygon designed to make Ethereum transactions faster and cheaper. It has a cryptocurrency called MATIC, which is used for paying all transaction fees on the Polygon network. MATIC is a hundred times cheaper than the regular fees paid on Ethereum for doing the same transaction.
Its potential uses have attracted plenty of investors. Polygon’s popularity grew, and it rapidly made its way to the top 20 cryptocurrencies by market cap.
We took a closer look at the platform, its native currency, and how they work. Read more below and find out how you can get your hands on MATIC without spending a single penny.
What is Polygon?
Polygon is a highly secured layer 2 solution blockchain network based on Ethereum. It scales the blockchain transaction capacity, which makes transactions go faster. Polygon’s long-term mission is to create a platform where users can interact with decentralized products and blockchains can connect.
It enables blockchain to interconnect by using a side chain. While the sidechain was initially developed to work with Ethereum, it can still work with other blockchain projects.
MATIC or Polygon’s cryptocurrency plays three important roles in this ecosystem: gas fees, governance token, and staking.
Staking is a popular activity among Polygon users because of its high-interest rate. Stake your tokens to let the network use them and earn an annual interest rate of over 15%.
Most investors buy MATIC specifically for passive income and get the right to vote on any updates or policy updates.
How to Get Polygon MATIC
MATIC tokens are capped, which means the supply is finite. There will only be 10 billion MATIC coins in circulation, according to the network’s rules. While some cryptocurrencies can be difficult to find, that’s not the case for Polygon.
Once you have decided that Polygon is the coin for you, you can obtain this coin via purchasing it on reputable exchanges. High-profile exchanges list this coin such as Coinbase, Gemini, and Binance.
Open an account on the crypto exchange of your choice, deposit funds, and make a purchase. Then, you are good to go.
You can also earn MATIC tokens by providing computational resources to the Polygon Network. Validating transactions and executing smart contracts reward you with MATIC.
Beware of MATIC Scams
Because cryptocurrencies are becoming mainstream as more and more people are getting into decentralized digital currencies, crypto scams have also begun popping up left and right.
Getting started on crypto is not an easy feat. You either have to have an expensive rig for mining or have extra money to invest. Either way, you need money and knowledge on how to navigate this highly volatile crypto market. While there is a good chance of earning huge profits, there is also a high chance of substantial losses.
That’s why we more than understand the appeal of shady websites promising an endless supply of MATIC tokens with no strings attached. It’s just a click, right? However, that click might also leave you vulnerable to identity theft, hacks, and other nefarious cyber attacks.
Always think before you click. Instead of wasting your time with scams, work with an accredited rewards site instead. FreeCryptoRewards offers you a 100% legitimate way of getting MATIC. Here’s how.
How to Get Free Polygon MATIC Tokens
With FreeCryptoRewards, you can rest assured your information remains completely secure.
Perform simple everyday tasks such as answering surveys, watching videos, and completing offers. Each task you complete awards you points. Invite as many friends as possible to earn even more points.
You can then convert these points to MATIC tokens, other available cryptocurrencies like lumens or MINA, and cold cash. We deposit your crypto rewards straight to your Coinbase wallet.
The only capital you’ll be needing here is time. Enter the crypto market with a diverse portfolio at virtually zero risk to you!
Claim Your MATIC Reward Today
You are only a few clicks away from getting MATIC tokens. Get into crypto investing without risking your money.
Sign up today for free and start earning your rewards!
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