Where to Exchange MATIC for ETH?
The need for MATIC to ETH swap is growing day by day. With the Polygon token outperforming many assets on the market, more and more investors decide to switch MATIC in favor of coins that haven’t grown that much. Ethereum is one of them. Being a fundamental technology, every crypto trader won’t refuse to have some coins in the portfolio.
But where is it best to conduct this exchange? What platforms won the attention of traders and investors with their low rates and maximum customer support?
5 Top Exchanges for MATIC/ETH Crypto Pair
As of today, there are 5 exchanges that we trust the most.
1. Godex
Godex is undoubtedly one of the leaders if we talk about converting crypto privately. The decentralized exchange allows its client to skip the registration process and proceed to trading right away. You don’t even have to look for a special tab, everything you need for your exchange is placed right on the main page.
Other advantages of this DEX include:
- low rates (the unique algorithms search for the best price so that you shouldn’t browse tons of other websites);
- speed of transactions (the same applies to the way the purchase is done; the platform chooses the quickest path on its own);
Here, you can not only buy ETH but also swap MATIC to BNB.
2. LetsExchange
On most points, including anonymity and lack of limits, LetsExchange is very similar to Godex. It is a specialized decentralized portal launched in 2020. LetsExchange offers a convenient visual design and access to transactions with more than 1,000 different coins.
In fact, no matter what pairs you need to swap, with the help of this exchange, you can do it with minimal time and without exorbitant commissions. Also, you can leverage a fixed rate, which allows you to be sure you are dealing with an exact price.
3. Kraken
Now it is the time to talk about centralized solutions. Kraken is one of the oldest cryptocurrency exchanges with a high level of cyber security and an average level of trading and traffic. It was founded in 2011 in the USA by Jesse Powell, who is also known as the founder of Ripple.
The Kraken exchange is licensed by regulators from 4 countries: FINCEN in the USA, FINTRAC in Canada, FCA in the UK, and AUSTRACK in Australia.
4. Huobi
Huobi is one of the largest cryptocurrency exchanges, which is included in the TOP-10 cryptocurrency exchanges in terms of trading volume and takes a leading position in many countries. It was founded in 2013. Registration is open to most countries in the world without the need to verify your identity.
Initially, Huobi worked mainly in the Chinese (Asian) market. But recently, the platform has actively burst into the world market.
High liquidity combined with 24/7 customer support and security are three main benefits of Kraken, according to its official resources.
5. Bitfinex
Cryptocurrency exchange Bitfinex has been operating since 2012 and is owned by iFinex Inc. It is one of the oldest digital asset trading platforms. It provides customers with a quality cryptocurrency experience and access to digital products like staking, futures trading, etc. Registration on the Bitfinex exchange is available to users from 52 countries. You can use all trading options immediately after creating a profile.
The platform offers powerful functionality, API support, and a large list of supported tokens — the technical side of the website is really attractive.
Unfortunately, since 2017 due to regulation issues Bitfinex is no longer serving US residents.
Final Words
The choice of a crypto exchange should be based on the three core principles:
- availability of the tokens you want to swap;
- the level of security provided by the platform;
- personal requirements (no KYC, DEX/CEX, liquidity pools, etc).
However, be sure all the mentioned websites are well worth your attention. They are trustworthy with years of successful operating experience.