Polygon (POL)
What is Polygon (POL)?
Polygon (Formally MATIC Network) is an L2 scaling solution for Ethereum. It uses PoS (Proof-of-Stake) to achieve low fees and faster transaction times than ETH.
What is POL?
POL is the native token of Polygon. It is used to pay network fees when processing transactions on-chain. Users are required to hold sufficient amounts of POL to pay for fees when placing bets on bookmaker.XYZ. The average transaction fee is approximately $0.01 - $0.02 but can change based on network congestion.
What is USDT?
USDT is a stablecoin pegged to the US Dollar 1:1. All bets placed are placed, and redeemed. in USDT.
Where can I get POL and USDT?
Fiat to USDT
You can buy POL/USDT using fiat directly on bookmaker.XYZ using the funding tab.
This is facilitated by Mt.Perelin which lets users buy, and sell crypto, directly with a credit/debit card without the need for KYC.
CEX (Centralized Exchange)
You can buy and withdraw POL/USDT when using a CEX (Centralized Exchange).
There are many different CEXs that offer POL/USDCTtrading. Popular options are Binance, Coinbase, Kraken
DEX (Decentralized Exchange)
You can swap an existing cryptocurrency to USDT using a DEX. You can do this directly on bookmaker.XYZ by using the funding tab.
We have integrated 1Inch for swapping.
Bridge
The second, and probably the easiest option for most crypto-savvy users is to use a bridge. A bridge involves "bridging" an asset from one chain to another. Bridging from BSC <> Polygon, Gnosis <> Polygon, Ethereum <> Polygon.
You can bridge directly from within bookmaker.XYZ by using the funding tab.
bookmaker.XYZ uses Hop Protocol to facilitate bridging. Hop supports bridging from Ethereum, Arbitrum, Optimism, and Gnosis Chain
💸Polygon GuideLast updated