Convert and Swap Polygon MATIC to Bangladeshi Taka BDT
MATIC/BDT: 1 Polygon equals BDT 52.62 BDT
Last update: 11:40 PM, January 24, 2025
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Polygon is falling this week.
The current price of Polygon is BDT 52.62 per MATIC. With a circulating supply of 1,913,783,718 MATIC, it means that Polygon has a total market cap of BDT 100,622,523,605.68. The amount of Polygon traded has fallen by BDT 97,369,843.39 in the last 24 hours, which is a 9.54% decrease. Additionally, in the last day, BDT 1,020,457,481.80 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 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.
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MATIC to Bangladeshi Taka conversion tables
The exchange rate of Polygon is decreasing.
The current value of 1 MATIC is BDT 52.62 BDT. In other words, to buy 5 Polygon, it would cost you BDT 263.09 BDT. Inversely, BDT 1.00 BDT would allow you to trade for 0.0190 MATIC while BDT 50.00 BDT would convert to 0.9502 MATIC, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 14.98%. Meanwhile, in the last 24 hours, the rate has changed by 2.42%, and that the the highest exchange rate of 1 MATIC to Bangladeshi Taka was BDT 54.87 BDT and the lowest 24 hour value was 1 MATIC for BDT 52.02 BDT. This time last month, the value of 1 MATIC was BDT 63.08 BDT, which is a 17.93% increase from where it is now. Looking back a year, Polygon has changed by BDT 81.07 BDT. That means that in a single year, the value of Polygon has shrank by 40.19%.
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 53.96 BDT | -2.42% | BDT 61.62 BDT | -14.98% | BDT 63.08 BDT | -17.93% | BDT 81.07 BDT | -40.19% |
MATIC to BDT
Amount | Today at 11:40 pm |
|---|---|
0.5 MATIC | BDT 26.31 |
1 MATIC | BDT 52.62 |
5 MATIC | BDT 263.09 |
10 MATIC | BDT 526.19 |
50 MATIC | BDT 2,630.93 |
100 MATIC | BDT 5,261.86 |
500 MATIC | BDT 26,309.28 |
1,000 MATIC | BDT 52,618.55 |
BDT to MATIC
Amount | Today at 11:40 pm |
|---|---|
0.5 BDT | 0.0095 MATIC |
1 BDT | 0.0190 MATIC |
5 BDT | 0.0950 MATIC |
10 BDT | 0.19 MATIC |
50 BDT | 0.95 MATIC |
100 BDT | 1.90 MATIC |
500 BDT | 9.50 MATIC |
1,000 BDT | 19.00 MATIC |
Today vs. 24 hours ago
Amount | Today at 11:40 pm | 24 hours ago | 24H Change |
|---|---|---|---|
0.5 MATIC | BDT 26.31 | BDT 26.99 | -2.53% |
1 MATIC | BDT 52.62 | BDT 53.99 | -2.53% |
5 MATIC | BDT 263.09 | BDT 269.93 | -2.53% |
10 MATIC | BDT 526.19 | BDT 539.86 | -2.53% |
50 MATIC | BDT 2,630.93 | BDT 2,699.30 | -2.53% |
100 MATIC | BDT 5,261.86 | BDT 5,398.59 | -2.53% |
500 MATIC | BDT 26,309.28 | BDT 26,992.95 | -2.53% |
1,000 MATIC | BDT 52,618.55 | BDT 53,985.90 | -2.53% |
Today vs. 1 month ago
Amount | Today at 11:40 pm | 1 months ago | 1M Change |
|---|---|---|---|
0.5 MATIC | BDT 26.31 | BDT 32.24 | -18.39% |
1 MATIC | BDT 52.62 | BDT 64.48 | -18.39% |
5 MATIC | BDT 263.09 | BDT 322.40 | -18.39% |
10 MATIC | BDT 526.19 | BDT 644.79 | -18.39% |
50 MATIC | BDT 2,630.93 | BDT 3,223.95 | -18.39% |
100 MATIC | BDT 5,261.86 | BDT 6,447.91 | -18.39% |
500 MATIC | BDT 26,309.28 | BDT 32,239.55 | -18.39% |
1,000 MATIC | BDT 52,618.55 | BDT 64,479.09 | -18.39% |
Today vs. 1 year ago
Amount | Today at 11:40 pm | 1 year ago | 1Y Change |
|---|---|---|---|
0.5 MATIC | BDT 26.31 | BDT 45.10 | -41.66% |
1 MATIC | BDT 52.62 | BDT 90.20 | -41.66% |
5 MATIC | BDT 263.09 | BDT 450.98 | -41.66% |
10 MATIC | BDT 526.19 | BDT 901.96 | -41.66% |
50 MATIC | BDT 2,630.93 | BDT 4,509.81 | -41.66% |
100 MATIC | BDT 5,261.86 | BDT 9,019.63 | -41.66% |
500 MATIC | BDT 26,309.28 | BDT 45,098.13 | -41.66% |
1,000 MATIC | BDT 52,618.55 | BDT 90,196.26 | -41.66% |
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