Convert and Swap Polygon MATIC to Ukrainian Hryvnia UAH
MATIC/UAH: 1 Polygon equals UAH 20.38 UAH
Last update: 3:53 AM, December 23, 2024
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Polygon is falling this week.
The current price of Polygon is UAH 20.38 per MATIC. With a circulating supply of 1,913,783,718 MATIC, it means that Polygon has a total market cap of UAH 38,871,976,205.84. The amount of Polygon traded has fallen by UAH 31,887,287.19 in the last 24 hours, which is a 16.83% decrease. Additionally, in the last day, UAH 189,512,218.60 worth of MATIC has been traded.
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About Polygon
Polygon was formerly called Matic Network. Polygon (MATIC) is an Ethereum token that powers the Polygon Network, a scaling solution for Ethereum. Polygon aims to provide faster and cheaper transactions on Ethereum using Layer 2 sidechains, which are blockchains that run alongside the Ethereum main chain. Users can deposit Ethereum tokens to a Polygon smart contract, interact with them within Polygon, and then later withdraw them back to the Ethereum main chain. The MATIC token is used to pay transaction fees and participate in proof-of-stake consensus.
Polygon, formerly known as Matic Network, is a platform designed to facilitate the development and scaling of Ethereum-based applications. It aims to address some of the key challenges faced by the Ethereum network, including slow transaction speeds, low transaction throughput, and high transaction fees. At its core, Polygon utilizes a modular, flexible framework known as Polygon SDK, which supports the creation of multiple types of applications. The platform's native token, MATIC, is used for payment services within the Polygon ecosystem and as a settlement currency between users.
Polygon operates on a dual-layer structure consisting of a proof-of-stake (PoS) checkpointing layer and a block producer layer. The PoS layer validates blocks and periodically submits proofs (Merkle roots) of the blocks to the Ethereum mainchain, providing a high level of decentralization. The block producer layer, on the other hand, is responsible for creating blocks at a rapid pace, enabling fast and low-cost transactions. This unique architecture allows Polygon to achieve up to 65,000 transactions per second on a single side chain, with a block confirmation time of less than two seconds.
Polygon's infrastructure is designed to support a wide range of decentralized applications (DApps) without the typical drawbacks associated with proof-of-work blockchains. Its high transaction speed and low cost make it an attractive platform for developers looking to build scalable DApps. Furthermore, Polygon's compatibility with Ethereum allows developers to leverage Ethereum's existing developer community and ecosystem. The platform also supports the creation of optimistic rollup chains, ZK rollup chains, and standalone chains, providing developers with the flexibility to create the infrastructure they need.
Polygon was launched in October 2017 by co-founders Jaynti Kanani, Sandeep Nailwal, and Anurag Arjun. Prior to establishing its own network in 2019, the Polygon team made significant contributions to the Ethereum ecosystem, including the implementation of the Plasma MVP, the WalletConnect protocol, and the Dagger event notification engine. The team's commitment to enhancing the Ethereum ecosystem, coupled with their innovative approach to scalability and infrastructure development, has helped Polygon become a key player in the cryptocurrency space.
How Polygon and Ukrainian Hryvnia differ
Polygon, previously known as Matic Network, is a platform that strives to facilitate the development and scaling of Ethereum-based applications. It aims to tackle key challenges of the Ethereum network such as slow transaction speeds, low transaction throughput, and high transaction fees. Polygon's native token, MATIC, serves as a payment service within the Polygon ecosystem and as a settlement currency between users. On the other hand, the Ukrainian Hryvnia (UAH) is the national currency of Ukraine, regulated by the National Bank of Ukraine, and used for traditional financial transactions. Unlike Polygon, which operates on a dual-layer structure consisting of a proof-of-stake (PoS) checkpointing layer and a block producer layer, the Ukrainian Hryvnia is a physical and digital fiat currency, not based on blockchain technology. Polygon's infrastructure is designed to support a wide range of decentralized applications (DApps), while the Ukrainian Hryvnia is used for everyday transactions in Ukraine. Furthermore, Polygon's compatibility with Ethereum allows developers to leverage Ethereum's existing developer community and ecosystem, a feature not applicable to the Ukrainian Hryvnia.
Frequently asked questions
How much is 1 Polygon in UAH?
Right now, 1 Polygon is worth about UAH 20.38.
How much MATIC could I buy for 1 UAH?
Based on the current rate, you could get 0.0491 MATIC for 1 UAH.
How much has the price of Polygon changed?
Polygon price has been on the rise. Since yesterday, the exchange rate of Polygon has increased. Since last month, the exchange rate of Polygon has decreased. Since this time last year, the price of Polygon has decreased.
How do I calculate or convert MATIC to UAH?
You can use our MATIC to UAH calculator at the top of this page to convert any amount of MATIC to UAH. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 UAH is equivalent to 0.25 MATIC. Inversely, 5 MATIC will cost about UAH 101.89
How can I buy 1 Polygon on Coinbase?
Polygon is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy Polygon.
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MATIC to Ukrainian Hryvnia conversion tables
The exchange rate of Polygon is increasing.
The current value of 1 MATIC is UAH 20.38 UAH. In other words, to buy 5 Polygon, it would cost you UAH 101.89 UAH. Inversely, UAH 1.00 UAH would allow you to trade for 0.0491 MATIC while UAH 50.00 UAH would convert to 2.4536 MATIC, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 19.31%. Meanwhile, in the last 24 hours, the rate has changed by 0.07%, and that the the highest exchange rate of 1 MATIC to Ukrainian Hryvnia was UAH 20.55 UAH and the lowest 24 hour value was 1 MATIC for UAH 19.30 UAH. This time last month, the value of 1 MATIC was UAH 21.73 UAH, which is a 10.64% increase from where it is now. Looking back a year, Polygon has changed by UAH 32.19 UAH. That means that in a single year, the value of Polygon has shrank by 44.88%.
MATIC to UAH performance history
Price 24H ago | Change 24H | Price 1W ago | Change 1W | Price 1M ago | Change 1M | Price 1Y ago | Change 1Y |
|---|---|---|---|---|---|---|---|
UAH 19.74 UAH | 0.07% | UAH 24.99 UAH | -19.31% | UAH 21.73 UAH | -10.64% | UAH 32.19 UAH | -44.88% |
MATIC to UAH
Amount | Today at 3:53 am |
|---|---|
0.5 MATIC | UAH 10.19 |
1 MATIC | UAH 20.38 |
5 MATIC | UAH 101.89 |
10 MATIC | UAH 203.78 |
50 MATIC | UAH 1,018.91 |
100 MATIC | UAH 2,037.81 |
500 MATIC | UAH 10,189.06 |
1,000 MATIC | UAH 20,378.12 |
UAH to MATIC
Amount | Today at 3:53 am |
|---|---|
0.5 UAH | 0.0245 MATIC |
1 UAH | 0.0491 MATIC |
5 UAH | 0.25 MATIC |
10 UAH | 0.49 MATIC |
50 UAH | 2.45 MATIC |
100 UAH | 4.91 MATIC |
500 UAH | 24.54 MATIC |
1,000 UAH | 49.07 MATIC |
Today vs. 24 hours ago
Amount | Today at 3:53 am | 24 hours ago | 24H Change |
|---|---|---|---|
0.5 MATIC | UAH 10.19 | UAH 9.84 | +3.58% |
1 MATIC | UAH 20.38 | UAH 19.67 | +3.58% |
5 MATIC | UAH 101.89 | UAH 98.37 | +3.58% |
10 MATIC | UAH 203.78 | UAH 196.74 | +3.58% |
50 MATIC | UAH 1,018.91 | UAH 983.72 | +3.58% |
100 MATIC | UAH 2,037.81 | UAH 1,967.45 | +3.58% |
500 MATIC | UAH 10,189.06 | UAH 9,837.25 | +3.58% |
1,000 MATIC | UAH 20,378.12 | UAH 19,674.49 | +3.58% |
Today vs. 1 month ago
Amount | Today at 3:53 am | 1 months ago | 1M Change |
|---|---|---|---|
0.5 MATIC | UAH 10.19 | UAH 10.97 | -7.10% |
1 MATIC | UAH 20.38 | UAH 21.94 | -7.10% |
5 MATIC | UAH 101.89 | UAH 109.68 | -7.10% |
10 MATIC | UAH 203.78 | UAH 219.36 | -7.10% |
50 MATIC | UAH 1,018.91 | UAH 1,096.79 | -7.10% |
100 MATIC | UAH 2,037.81 | UAH 2,193.57 | -7.10% |
500 MATIC | UAH 10,189.06 | UAH 10,967.86 | -7.10% |
1,000 MATIC | UAH 20,378.12 | UAH 21,935.71 | -7.10% |
Today vs. 1 year ago
Amount | Today at 3:53 am | 1 year ago | 1Y Change |
|---|---|---|---|
0.5 MATIC | UAH 10.19 | UAH 17.91 | -43.11% |
1 MATIC | UAH 20.38 | UAH 35.82 | -43.11% |
5 MATIC | UAH 101.89 | UAH 179.10 | -43.11% |
10 MATIC | UAH 203.78 | UAH 358.20 | -43.11% |
50 MATIC | UAH 1,018.91 | UAH 1,791.02 | -43.11% |
100 MATIC | UAH 2,037.81 | UAH 3,582.04 | -43.11% |
500 MATIC | UAH 10,189.06 | UAH 17,910.20 | -43.11% |
1,000 MATIC | UAH 20,378.12 | UAH 35,820.39 | -43.11% |
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