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CoinSpot Will Support the Polygon (MATIC) Token Swap to Polygon (POL)

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CoinSpot - Polygon MATIC token swap.png

Important Update

CoinSpot has completed the Polygon (MATIC) Token Swap to Polygon Ecosystem Token (POL).

Please do not deposit OLD Polygon (MATIC) as the Token Swap has been completed, doing so may result in loss of funds.

We only accept Polygon Ecosystem Token (POL) deposits via Polygon POS Network & Ethereum (ERC-20).

Split.png

Polygon (MATIC) will be swapped from Polygon (MATIC) to Polygon Ecosystem Token (POL).

CoinSpot will facilitate the changes on behalf of all users holding Polygon (MATIC).

 

Polygon (MATIC) will be swapped to
Polygon Ecosystem Token (POL) 
at a ratio of
1 Polygon (MATIC) : 1 Polygon Ecosystem Token (POL)

 

The Process
Trading

Polygon (MATIC) Instant Buy - Disabled on 10th of September 2024 until completion.

Polygon (MATIC) Instant Sell/CoinSwap - Disabled on 10th of September 2024 until completion.

 

Coin Withdrawals & Deposits

Polygon (MATIC) Coin Withdrawals - Disabled on 10th of September 2024 until completion.

Polygon (MATIC) Coin Deposits - Disabled on 10th of September 2024 until completion.

 

Ratio & Pricing

Each user will receive 1 Polygon Ecosystem Token (POL) per 1 Polygon (MATIC) they hold in their CoinSpot wallet. This means that if the price of 1 Polygon (MATIC) is $0.65, it will then become $0.65 assuming the market value does not fluctuate.

For further information on the recent changes, please have a read of the link provided below.

Any further updates surrounding the change will be communicated to our users via General Announcement & Updates or within this article.

Need more help? 

Please submit your request via Zendesk - https://coinspot.zendesk.com/hc/en-us/requests/new 

or start a conversation with us via Live Chat and our team will provide full instructions and advice.

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