1 POL = ₺4.11 Turkish Lira 1 TRY Turkish Lira = 0.24329115 POL
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View ChartThe Ethereum blockchain supports a wide variety of economic activities, including NFT markets, gaming and the growing DeFi ecosystem. It is well suited to this activity because it is compatible with smart contracts, which can be used to develop a wide variety of applications.
However, the growing popularity of these applications adds to the number of transactions on the Ethereum blockchain, and as a result, transaction fees (also known as ‘gas’) can sometimes rise to the point where making small or frequent investments becomes uneconomical.
Enter Polygon: a ‘layer 2’ scaling solution (or ‘sidechain’) that has emerged to provide users with faster transactions and lower costs. It acts as a speedy parallel blockchain running alongside the main Ethereum blockchain. You can “bridge” some of your crypto over to Polygon to interact with a wide range of popular crypto apps that were once exclusive to the main Ethereum blockchain.
Polygon uses a proof-of-stake system. Participants must stake, or hold, their POL tokens in order to validate network transactions, and successful validators earn POL as a reward.
As a secondary scaling solution, the Polygon network aims to address the limitations of the Ethereum platform, namely high transaction fees and slow processing speeds. Polygon can:
POL is the native cryptocurrency of the Polygon network, a Layer 2 scaling solution that speeds up and lowers the cost of Ethereum transactions and decentralised applications (dApps). It acts as the primary token for fees, staking (Proof-of-Stake), governance and securing the network. POL is the upgraded, next-generation version of the former POL token. POL is designed to support a vast ecosystem of interconnected blockchains (zk-rollups) and enhance interoperability. It empowers users to earn rewards for securing data and decentralising transaction sequencing.
The easiest way to buy POL is through a crypto exchange like BTCC. BTCC makes purchasing POL easy and accessible whether you use fiat currency or crypto. Trusted by over 9.1 million investors across 100 countries, BTCC is dedicated to offering excellent crypto trading service for all trades. If you’re ready to dive in and make your first POL purchase, register with BTCC today.
Trading POL/TRY involves speculating on its price movement. Follow these steps to start:
Fund Your Account: Deposit TRY or POL into your BTCC account.
Navigate to the Market: Go to the "Trade" section and select the POL/TRY trading pair.
Analyze the Chart: Use our professional trading charts and indicators to inform your decision.
Place Your Trade Order:
To Buy (Go Long): If you think the price will rise, place a buy order.
To Sell (Go Short): If you think the price will fall, open a short position (available in derivatives trading, such as futures).
Set Order Parameters: Choose between Market, Limit, or Stop orders based on your strategy, enter the amount, and confirm the order.
Manage Your Trade: Monitor your open positions and use Stop-Loss/Take-Profit orders to manage risk automatically.
For detailed guides on each order type and risk management, please visit our Help Centre
Yes, absolutely. BTCC supports multiple methods to gain exposure to Polygon (prev. MATIC)(POL) using TRY, from simple purchases to advanced trading strategies.
You can:
Buy Instantly: Use our "Buy Crypto" feature with a linked debit/credit card or bank transfer to purchase Polygon (prev. MATIC) directly.
Trade on the Spot Market: Deposit TRY and place a buy order on the POL/TRY spot trading pair using market or limit orders, taking direct ownership of the POL.
Trade POL/TRY Futures: For more advanced strategies, you can trade POL/TRY perpetual or dated futures contracts. This allows you to speculate on Polygon (prev. MATIC)'s future price movements with leverage, enabling potential profits from both rising and falling markets without needing to hold the underlying asset directly.
To perform your POL to TRY conversion on BTCC:
Sign in to your account, or create a new BTCC account if needed.
Go to the trading interface and select the POL/TRY trading pair.
Input the specific amount of Polygon (prev. MATIC) you wish to sell.
Verify the displayed exchange rate and your final TRY total.
Confirm and finalize the sell transaction.
Following these steps, your TRY balance will be updated instantly.
Our converter tool is designed for quick calculations. Here's how to use it:
Locate the 'Crypto Converter' section on our website or in the app.
Enter the amount of the POL you want to convert in the first field.
The equivalent value in TRY will be instantly calculated and displayed in the second field, using the latest live market rate.
The POL/TRY exchange rate is the current market price at which 1 Polygon (prev. MATIC)(POL) can be exchanged for TRY. Put simply, it tells you how many TRY one Polygon (prev. MATIC) is worth at any given moment.
Currently, one Polygon (prev. MATIC) is ₺4.11. Due to the 24/7 nature of the global cryptocurrency market, the price of 1 Polygon (prev. MATIC) (POL) in TRY is constantly changing. To see the live price, please check the market data section at the top of our platform or visit our POL to TRY converter.