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Bitmart enters new integration with the Polygon ecosystem

By Pavithra R

July 21, 2021

  • America
  • Bitmart
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Bitmart enters new integration with the Polygon ecosystemBitMart, a premier professional digital asset exchange platform designed for both individuals and institutions, has announced a new integration with the Polygon network and support the Polygon ecosystem.

Earlier, BitMart only supported MATIC ERC-20 token payments. This integration enables all BitMart users to efficiently transfer funds directly to the Polygon PoS network.

“We believe our integration with Polygon will help provide users with a more seamless and cost-efficient experience when moving funds between our exchange and the Polygon network. More importantly, we are confident that this integration will create mutual benefits for both companies,” said Sheldon Xia, Founder and CEO at BitMart.

Polygon is the full-stack solution for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building and connecting secured chains and stand-alone chains. Additionally, Polygon SDK will support and offer a number of auxiliary solutions and products which will extend Polygon functionalities, improve the developer experience and introduce support for specific use cases.

The integration is poised to fully support the development of the Polygon ecosystem. BitMart will prioritize the listing of premium projects that are developed on the Polygon network and provide them with extra privileges based on in-depth assessments of the project quality.

“We are excited to welcome Bitmart into the Polygon ecosystem to help support our ecosystem and usher in mainstream adoption for end users,” said  Sandeep Nailwal, Co-founder of Polygon.

Founded in 2017, BitMart Exchange is a premier global digital assets trading platform with over 5.5 million users worldwide. It provides diversified system functions including spot trading, futures contract trading, and over-the-counter trading. The firm currently offers 550+ trading pairs with one of the lowest trading fees in the market.

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