Overview of MATIC Token Migration
OKX, a premier cryptocurrency exchange and Web3 technology leader, has announced its support for the migration of MATIC tokens to POL following Polygon's official roadmap. This strategic transition involves critical timelines for deposits, withdrawals, and trading operations to ensure seamless user experience.
Key Migration Details
- Deposit/Withdrawal Suspension: MATIC transactions on the Polygon PoS Network will be temporarily halted.
- New Token Support: POL deposits/withdrawals via ERC20 Mainnet will launch in early September.
- Trading Pairs: POL/USDT and POL/USDC spot trading pairs will be introduced, replacing MATIC pairs.
- Automatic Conversion: User MATIC balances will convert to POL at a 1:1 ratio without manual intervention.
User Guidelines for Smooth Transition
- Position Management: Close open positions and repay loans before deadlines.
- Trading Adjustments: Margin trading and flexible loans will undergo temporary modifications during migration.
👉 Explore POL Migration Timeline
Why Trust OKX?
OKX is a globally recognized platform committed to blockchain accessibility and transparency. Key offerings include:
- Monthly Audits: Proof of Reserves published for accountability.
- Educational Resources: In-depth crypto market analyses via OKX Learn.
- Innovative Products: OKX Wallet, Marketplace, and Developer Tools.
FAQ Section
1. What triggers the MATIC-to-POL migration?
The migration aligns with Polygon's ecosystem upgrade to enhance scalability and utility.
2. When can users trade POL?
POL trading pairs go live in early September post-migration completion.
3. How are existing MATIC holdings handled?
All MATIC tokens automatically convert to POL (1:1) post-deadline.
4. Will MATIC perpetual futures remain?
No, MATIC futures will be delisted in favor of POL derivatives.
For media inquiries: M[email protected]
Disclaimer: This content is informational only and not financial advice. Consult a professional before making investment decisions.
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