Binance completes Polygon wallet integration

According to the press release, Binance has fully integrated the Polygon (MATIC) mainnet into its platform. From now on, Binance traders can access MATIC through their Binance account, and they can also interact with decentralized applications or DApps, such as Sushiswap, Balancer, Aave, etc.

This integration is designed to ensure that traders can use the aforementioned DApp inexpensively and efficiently without using the existing Polygon bridge.

related: Polygon announces Avail, a scalable data availability infrastructure

Although this announcement focuses on the MATIC mainnet token, Binance also intends to support ERC20, BEP2 and BEP20 MATIC related tokens.

Binance marks Polygon’s latest integration, as the network has already partnered with Huobi and Coinbase Wallet to achieve the same effect. Various Ethereum-centric services also support extended solutions, such as Metamask and Infura.

DApp users are Wait patiently for Ethereum 2.0 Solve many of its scalability problems. However, Polygon currently seems to be filling this gap.The network provides developers with a way to build unique sidechains for all of their DApps, which may provide The necessary growth capacity for mass adoption.

related: As DEX expanded to Polygon, crypto enthusiasts followed suit

Developers are already taking advantage of these features.Recently, polygon Established Polygon Studios focused on games Build decentralized games and use the power of irreplaceable tokens.

As for Binance, the situation is a bit gloomy.The world’s largest cryptocurrency exchange Was just banned in Malaysia. It has 14 days to cease operations in the area.This news was released shortly after learning about Binance Closing European crypto derivatives trading, Despite the platform’s Reduce withdrawal limit And its introduced tax reporting tools.