We’re happy to release our MATIC Crypto Tap today, which will allow any user to easily start trading on the Polygon network!
Using a new blockchain for the first time requires users to own the blockchain’s native token in order to facilitate activity on the new blockchain network. The token is used to provide a financial incentives to miners on the network so they can validate block transactions. Rubic’s Crypto Tap allows any user to easily start using new blockchains without the need to leave Rubic.exchange.
Purchasing MATIC using Rubic’s Tap will enable users to easily make their first trades on the Polygon network using Rubic.exchange. There is no need to spend additional time or effort in order to find a secure and easy way to start using Polygon. Rubic will help everyone easily migrate over to the Polygon network without the hassle and to begin using their network immediately.
Rubic’s Tap will help anyone begin using the Polygon network, as well as providing a discount for users that complete the swap using the RBC token. Users will be able to swap more MATIC than normal and pay less RBC at the same time. Commission fees in ETH will be 0.02, and in RBC it will be just 150 RBC or about 0.007 ETH worth at the current market prices at the time of writing this article.
Rubic and Polygon will continue their work together on building Rubic.exchange, the ideal place for projects and users who want to easily use the Polygon network. Creating a MATIC Tap is an additional step towards creating a platform that will help anyone migrate to, and operate within, the Polygon network.
The Polygon network is famous for its fast transaction speed and low transaction cost.
MATIC is an ERC-20 token native to the Polygon Network that serves multiple purposes, including paying for transaction fees, staking, and governance.
How do I use the Matic tap?
Step 0. Click “Cross-chain swaps” button
Step 1. Open the “Crypto Tap” tab and choose Polygon network
Step 2. Connect your wallet.
Step 3. Choose either RBC or ETH to swap for MATIC.
Currently, you’re only able to swap a certain amount of tokens using this feature. The limit is 1500 RBC or 0.1 ETH.
The commission for completing a swap is 150 RBC or 0.02 ETH.
Next month, you’ll be able to swap any amount of tokens for Matic via Rubic’s cross-chain routing system.
Step 4. Confirm the amount of MATIC you wish to receive.
Step 5. Press “Get MATIC”
Step 6. Wait until the transaction finishes, and now you have your MATIC!
Start trading instantly on Polygon network, and easily purchase your favorite tokens, without ever having to leave rubic.exchange!
We’ll also be adding more coins to this Tap in the future. We will keep you updated as we further develop this feature.
Rubic is a multichain DeFi ecosystem, which features cross-chain, P2P, instant swaps, and limit orders across multiple blockchains, aiming to deliver a complete ONE-STOP decentralized platform. Rubic’s platform is the place where users can complete cross-chain swaps using a variety of solutions, and get the best rates from all leading protocols (thanks to a DEX aggregator implementation), as well as P2P swaps within an Order Book where users can make deals on their own terms.
For the moment, Rubic supports trades on Ethereum, Polygon (ex Matic), TRON, and Binance Smart Chain networks.