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Binance Fully Integrated With Polygon Wallet to Offer MATIC Deposit & Withdrawing

By Shannon Wilson | August 2, 2021

Binance has reportedly the full integration of the Polygon (MATIC) mainnet onto its platform, enabling deposit and withdrawing features via clients’ Binance accounts and interact with different Dapps

Specifically, the integration was reportedly carried out with a primary goal of making sure that traders have the ability to take advantage of a variety of DApps – Sushiswap, Balancer, Aave, and more – at a lowered cost and increased sufficiency, without the need of utilizing the current Polygon bridge.

While the announcement reportedly detailed the supporting features rolled out mainly for the MATIC mainnet token, Binance has further plans down its pipeline to offer facilitating features for ERC20, BEP2, and BEP20 MATIC associated tokens.

Binance reportedly marks this most recently finalized integration with Polygon, as the network has done the same for Huobi and Coinbase Wallet and different other entities, to the similar effect. 

The scaling solution reportedly receives the support from a wide range of Ether-focused services also, nominally Metamask and Infura.

DApp users are reportedly anticipating with patience for Ethereum 2.0 to offer a solution to numerous scalability problems it is having. However, it seems Polygon has gone one step ahead with the answer to the matter now. 

The network reportedly equips developers with a measure for designing unique side chains for all of their DApps, which potentially offer the required development capabilities that leads to mass adoption.

Devs are reportedly utilizing said capabilities already as well. Not long ago, Polygon introduced its gaming-centric Polygon Studios, dedicated to designing decentralized games and harnessing the power of non-fungible-tokens.

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