How to Buy, Sell and Trade Polygon MATIC on Obiex

How to Buy, Sell and Trade Polygon MATIC on Obiex

What is Polygon MATIC?

MATIC is a cryptocurrency used in the Polygon Network. It helps secure the network and is used for paying transaction fees. It can be used for trading, staking and participating in token sales.

MATIC Market Cap and Price

MATIC has a current market capitalisation of $6B and a circulating supply of 9,319,469,069.28 MATIC. The current price of MATIC is $0.6335.

How to Deposit NGNX on Obiex from your local Bank. | Obiex Finance Help Center
On Obiex, you can deposit Naira from your local bank account and exchange it for other coins. Follow these steps to do this.

How to Buy MATIC on Obiex Using Naira

  1. Log in to your Obiex account using your registered email address and password. If you don’t have an obiex account, click here to create one in less than 2 minutes.
  2. Select the “Buy/Sell” button in the top middle of your screen (for mobile app) or the Top right corner of your screen (for Web).
  3. Tap and select NGNX from the "from" coin list.
  4. Select MATIC from the "select coin" list.
  5. Enter the amount of naira you want to buy MATIC with.
  6. Tap “Get Quote” to see the exchange rate and amount of MATIC you’re buying.
  7. Tap “swap” to confirm the transaction.
  8. You now have MATIC in your Obiex Wallet.

How to Swap MATIC  to Naira on Obiex

  1. Log in to your Obiex account using your registered email address and password.
  2. Select “Wallet” and tap MATIC, then select Swap.
  3. Select NGNX from the "select coin" list.
  4. Enter the amount of naira you want to swap MATIC to.
  5. Tap “Get Quote” to see the exchange rate and amount of Naira you’re swapping.
  6. Tap “swap” to confirm the transaction.
  7. You now have Naira in your Obiex Wallet.
How to withdraw NGNX from Obiex to your local bank account. | Obiex Finance Help Center
NGNX is tied to the value of the Nigerian currency; Naira, and it can be sent directly from your Obiex Wallet to any Nigerian bank account.

How to Deposit MATIC on Obiex

  1. Log in to your Obiex account using your registered email address and password.
  2. Select the “Deposit” button on the top left of your screen (for mobile app) or the Top right corner of your screen (for Web).
  3. Select MATIC from the list of crypto assets.
  4. Select a network deposit address. Obiex supports the Ethereum (ERC20), BSC (BEP20) and Polygon(MATIC) deposit network. Scan the code to deposit MATIC, or copy the wallet address to make your deposit.
  5. You will receive a notification once the MATIC is successfully deposited in your wallet.

How to Withdraw MATIC on Obiex

  1. Log in to your Obiex account using your registered email address and password.
  2. Select the “Withdraw” button on the top second left of your screen (for mobile app) or the Top right corner of your screen (for Web).
  3. Select MATIC from the list of crypto assets.
  4. Choose from the three withdrawal methods: Send to Obiex user, Send to multiple users or Withdraw to an external wallet.
  5. If you choose to send to an Obiex user, type in their username, MATIC amount, and the reason for transfer (this is optional) and tap send to the user.
  6. If you choose to send to multiple Obiex users, type in their usernames and the MATIC amount for each user and tap send.
  7. If you select withdraw to an external wallet, paste the wallet address or select a wallet address from your saved address list.  Choose the withdrawal network (ERC20), BEP20 or MATIC) you want to use, type the amount of MATIC you want to send, and the reason for the transfer (this is optional).
  8. Tap withdraw, and your transaction is now complete.

How To Swap MATIC  to Other Cryptocurrencies on Obiex

  1. Log in to your Obiex account using your registered email address and password.
  2. Tap the swap button at the bottom middle of your screen.
  3. Select MATIC from the "from" coin list.
  4. Select BTC, ETH, USD, USDC, BUSD or any other crypto from the "select coin" list.
  5. Select and confirm the coin amount you want to exchange.
  6. The swapped amount of the selected coin is now in your wallet.

How To Swap Other Cryptocurrencies To MATIC  on Obiex

  1. Log in to your Obiex account using your registered email address and password.
  2. Tap the swap button at the bottom middle of your screen.
  3. Select BTC, USDT, BNB, BCH, LTC, ETH or any other crypto from the "from" coin list.
  4. Select MATIC from the "select coin" list.
  5. Select and confirm the coin amount you want to exchange.
  6. The swapped amount of MATIC is now in your obiex wallet.