Convert and Swap Polygon MATIC to Bangladeshi Taka BDT
MATIC/BDT: 1 Polygon equals BDT 61.34 BDT
Last update: 6:31 PM, December 25, 2024
Refresh
Polygon market latest
Explore Polygon
Create a Coinbase account to buy and sell Polygon and start your crypto journey!
Polygon is falling this week.
The current price of Polygon is BDT 61.34 per MATIC. With a circulating supply of 1,913,783,718 MATIC, it means that Polygon has a total market cap of BDT 117,410,368,017.96. The amount of Polygon traded has fallen by BDT 340,170,705.64 in the last 24 hours, which is a 60.88% decrease. Additionally, in the last day, BDT 558,719,383.23 worth of MATIC has been traded.
Buy Polygon with Coinbase Wallet
Create a Coinbase account to buy and sell Polygon on the most secure crypto exchange.
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 Bangladeshi Taka differ
Polygon and Bangladeshi Taka are two distinct forms of currency, each with its unique characteristics and uses. Polygon, previously known as Matic Network, is a digital platform that facilitates the development and scaling of Ethereum-based applications. It aims to tackle challenges such as slow transaction speeds, low transaction throughput, and high transaction fees that are common in the Ethereum network. Its native token, MATIC, is used for payment services within the Polygon ecosystem and as a settlement currency between users. On the other hand, the Bangladeshi Taka (BDT) is the official currency of Bangladesh, a physical form of money used for traditional 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 Bangladeshi Taka is regulated by the Bangladesh Bank, the country's central bank. While Polygon's infrastructure supports a wide range of decentralized applications (DApps) and aims to achieve up to 65,000 transactions per second on a single side chain, the Bangladeshi Taka is used for everyday transactions in Bangladesh and does not have the same technological capabilities.
Buy Polygon with Coinbase
Create a Coinbase account to buy and sell Polygon on the most secure crypto exchange.
Buy Polygon with Coinbase Wallet
Create a Coinbase account to buy and sell Polygon on the most secure crypto exchange.
Browse related conversions
Popular Polygon conversions
A selection of other popular currency conversions of Polygon to various fiat currencies.
Convert other assets to BDT
A selection of relevant cryptocurrencies you might be interested in based on your interest in Polygon.
MATIC to Bangladeshi Taka conversion tables
The exchange rate of Polygon is decreasing.
The current value of 1 MATIC is BDT 61.34 BDT. In other words, to buy 5 Polygon, it would cost you BDT 306.69 BDT. Inversely, BDT 1.00 BDT would allow you to trade for 0.0163 MATIC while BDT 50.00 BDT would convert to 0.8151 MATIC, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 7.06%. Meanwhile, in the last 24 hours, the rate has changed by 3.01%, and that the the highest exchange rate of 1 MATIC to Bangladeshi Taka was BDT 63.28 BDT and the lowest 24 hour value was 1 MATIC for BDT 60.29 BDT. This time last month, the value of 1 MATIC was BDT 67.80 BDT, which is a 9.43% increase from where it is now. Looking back a year, Polygon has changed by BDT 100.43 BDT. That means that in a single year, the value of Polygon has shrank by 42.2%.
MATIC to BDT performance history
Price 24H ago | Change 24H | Price 1W ago | Change 1W | Price 1M ago | Change 1M | Price 1Y ago | Change 1Y |
|---|---|---|---|---|---|---|---|
BDT 63.28 BDT | -3.01% | BDT 66.07 BDT | -7.06% | BDT 67.80 BDT | -9.43% | BDT 100.43 BDT | -42.20% |
MATIC to BDT
Amount | Today at 6:31 pm |
|---|---|
0.5 MATIC | BDT 30.67 |
1 MATIC | BDT 61.34 |
5 MATIC | BDT 306.69 |
10 MATIC | BDT 613.39 |
50 MATIC | BDT 3,066.95 |
100 MATIC | BDT 6,133.90 |
500 MATIC | BDT 30,669.50 |
1,000 MATIC | BDT 61,339.00 |
BDT to MATIC
Amount | Today at 6:31 pm |
|---|---|
0.5 BDT | 0.0082 MATIC |
1 BDT | 0.0163 MATIC |
5 BDT | 0.0815 MATIC |
10 BDT | 0.16 MATIC |
50 BDT | 0.82 MATIC |
100 BDT | 1.63 MATIC |
500 BDT | 8.15 MATIC |
1,000 BDT | 16.30 MATIC |
Today vs. 24 hours ago
Amount | Today at 6:31 pm | 24 hours ago | 24H Change |
|---|---|---|---|
0.5 MATIC | BDT 30.67 | BDT 31.52 | -2.71% |
1 MATIC | BDT 61.34 | BDT 63.05 | -2.71% |
5 MATIC | BDT 306.69 | BDT 315.23 | -2.71% |
10 MATIC | BDT 613.39 | BDT 630.46 | -2.71% |
50 MATIC | BDT 3,066.95 | BDT 3,152.30 | -2.71% |
100 MATIC | BDT 6,133.90 | BDT 6,304.60 | -2.71% |
500 MATIC | BDT 30,669.50 | BDT 31,523.00 | -2.71% |
1,000 MATIC | BDT 61,339.00 | BDT 63,046.01 | -2.71% |
Today vs. 1 month ago
Amount | Today at 6:31 pm | 1 months ago | 1M Change |
|---|---|---|---|
0.5 MATIC | BDT 30.67 | BDT 33.86 | -9.42% |
1 MATIC | BDT 61.34 | BDT 67.72 | -9.42% |
5 MATIC | BDT 306.69 | BDT 338.60 | -9.42% |
10 MATIC | BDT 613.39 | BDT 677.19 | -9.42% |
50 MATIC | BDT 3,066.95 | BDT 3,385.97 | -9.42% |
100 MATIC | BDT 6,133.90 | BDT 6,771.94 | -9.42% |
500 MATIC | BDT 30,669.50 | BDT 33,859.70 | -9.42% |
1,000 MATIC | BDT 61,339.00 | BDT 67,719.40 | -9.42% |
Today vs. 1 year ago
Amount | Today at 6:31 pm | 1 year ago | 1Y Change |
|---|---|---|---|
0.5 MATIC | BDT 30.67 | BDT 54.53 | -43.76% |
1 MATIC | BDT 61.34 | BDT 109.07 | -43.76% |
5 MATIC | BDT 306.69 | BDT 545.35 | -43.76% |
10 MATIC | BDT 613.39 | BDT 1,090.70 | -43.76% |
50 MATIC | BDT 3,066.95 | BDT 5,453.48 | -43.76% |
100 MATIC | BDT 6,133.90 | BDT 10,906.97 | -43.76% |
500 MATIC | BDT 30,669.50 | BDT 54,534.83 | -43.76% |
1,000 MATIC | BDT 61,339.00 | BDT 109,069.65 | -43.76% |
Buy Polygon with Coinbase
Create a Coinbase account to buy and sell Polygon on the most secure crypto exchange.
Buy Polygon with Coinbase Wallet
Create a Coinbase account to buy and sell Polygon on the most secure crypto exchange.
Discover assets similar to Polygon
Top trading volume
Browse the assets with the highest trading volume in the past 24H on Coinbase.
Explore more conversions
Advanced asset conversions
A selection of relevant cryptocurrencies you might be interested in based on your interest in Bitcoin.
More currency conversions
A selection of conversions for different assets and currencies.
Start your crypto portfolio today
Sign up for a Coinbase account today and see what the world of decentralized finance can do for you.
This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.
This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Coinbase to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Coinbase exchange as well as other cryptocurrency exchanges and market data platform. Coinbase may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content.