Minimal amount for sending is 54.00541 matic
MATIC to BCH conversion chart
Polygon Matic to Bitcoin Cash correlation
According to the correlation analysis, MATIC and BCH have a strong relationship with each other and correlate. Whenever there is a change in the price of MATIC then BCH also tends to follow the same pattern and move together.
MATIC Price Change and Market Cap
Currently, the MATIC price is 0.001533 BCH and the 24-hour change is -0.26%. The market cap of Polygon today is $4317 with a total of 4268.86 MATIC in circulation. In the past 24 hours, the MATIC price peaked at 0.001608 BCH and the lowest price was 0.00148 BCH.
Polygon Price Prediction
MATIC hit the market in April 2019 after an Initial Exchange Offering on Binance, attracting plenty of attention. In June 2020 mainnet finally went live, though it was not until launching staking in July that the price moved. All in all, 2020 was a volatile but barely profitable year for MATIC holders, as it opened at $0.014 and closed around $0.018. After the rebrand to Polygon Network in February 2021, MATIC earned recognition and reached $2.68 in May 2021. At the very end of 2021, MATIC broke that record, too, and rose to $2.87.
In the MATIC price predictions in a year from now, experts give a very wide range of targets — from $2.84 all the way up to $8. In 2025, different predictions also give targets that have a fivefold difference: from $1.9 to $10.94. By 2030, MATIC will be trading for double-digit prices up to $70.
Polygon Wallets
Still confused about which wallet to pick?
We recommend Trezor, CoolWallet S and Exodus wallet. Each of them has peculiarities and serve different purposes. In all of these wallets, you can store MATIC, monitor live Polygon prices and also exchange it from ChangeHero without leaving the application.
MATIC to BCH exchange margin
The closing conversion rate for MATIC to BCH yesterday was {{LAST}}. Considering today’s exchange rate, a transaction of 1 MATIC to BCH would result in an output of 0.001533 BCH.
How to convert Polygon Matic to Bitcoin Cash
Polygon Matic and Bitcoin Cash comparison
The Matic cryptocurrency is used as a means of exchange for payments and settlements with the Polygon network participants. Polygon, rebranded from Matic Network, is a Layer-2 scaling solution that offers a variety of tools to increase the speed, lower the costs, and simplify payments on blockchain networks. Polygon positions itself as an extension to Ethereum, aimed at reducing the cost of transactions on Ethereum blockchain and speeding them up.
Bitcoin Cash is a younger cryptocurrency that was formed due to the hard fork in Bitcoin. The purpose behind the invention of Bitcoin was to enable peer-to-peer transactions, but as the cryptocurrency took off, the surge in transactions and the block size cap limited its use cases. To overcome this problem, the community debated increasing the block size and second-layer solutions. While a majority of them voted in favor of the second-layer solutions, the rest of the community decided to fork the chain and create a new chain with increased block size. The fork took place in 2017 and the new chain was given the name Bitcoin Cash and got the ticker BCH. Bitcoin Cash’s motto is to keep the founding principles of Bitcoin and ensure that it is being put to use as a digital means of payment everywhere. Bitcoin Cash gained a reputation in the community in a short period and more merchants are accepting Bitcoin Cash.
What is Polygon?
Polygon Network is an Ethereum-based interoperability solution for Ethereum-compatible chains. The problem is, even though there are scaling solutions on Ethereum, they cannot communicate with each other properly. This is the challenge Polygon sets out to solve.
To enable faster transactions and lower gas costs, Polygon leverages the Proof-of-Stake consensus algorithm. Ethereum is only used for finality and communication between Polygon chains, and the main bulk of operations happens on Polygon.
Polygon started out as Matic Network, a L2 scaling solution for Ethereum. However, along the way developers realized that there needs not be one single scaling solution. Instead, they set out to incorporate all of them into a single system and make it more approachable for use and development. This is why in 2021 they rebranded to Polygon.
Polygon Matic to Bitcoin Cash price details
MATIC to BCH Conversion Rate and Price
Currently, the conversion rate for 1 MATIC equals to 0.001533 BCH. The 24-hour highest price of Polygon Matic in relation to BCH was 0.001608 BCH and the lowest was 0.00148 BCH. In short, MATIC price in relation to BCH changed by -0.26%.
Instantly Exchange MATIC to BCH
On ChangeHero you can instantly exchange Polygon Matic to Bitcoin Cash without signup. You can easily convert MATIC to BCH in a few clicks without worrying about the rates and fees. ChangeHero offers both the Best Rate and Fixed Rate for your MATIC to BCH exchange.
MATIC to BCH Best Rate Exchange
In the Best Rate exchange of Polygon Matic to Bitcoin Cash, we search through various exchanges for the MATIC to BCH pair and find the best rate available in the market. We provide you with an estimation of the amount of BCH you will receive.
As soon as you accept the terms and the MATIC is deposited, the exchange will be automatically processed. We remind you that the final amount of BCH you receive may vary slightly due to the volatility in the price of the cryptocurrencies which affects the conversion rate of MATIC to BCH.
MATIC to BCH Fixed Rate Conversion
In the Fixed Rate exchange of Polygon Matic to Bitcoin Cash, ChangeHero finds a good rate for the pair MATIC to BCH and fix the rate for up to 15 minutes. In the Best Rate exchange of MATIC to BCH, you will receive the exact amount of BCH which was shown in the estimate.
ChangeHero is a non-custodial service and never holds your cryptocurrency. As soon as the exchange is completed, we send your assets to the mentioned BCH address. ChangeHero is the best place to exchange MATIC to BCH fast and safe at the best rates.
Frequently asked questions
How long does it take to convert MATIC to BCH?
Usually, it takes around 15 minutes but the time may vary depending on how busy the network is.
Do I need an account to exchange MATIC to BCH?
No, you do not require an account to swap MATIC to BCH on ChangeHero. There will be no registrations for your Polygon Matic to Bitcoin Cash transaction.
Do I need to go through KYC procedures for MATIC to BCH exchange?
There will be no KYC for the MATIC to BCH exchange. However, if our threat detection system raises the alarm then we ask you to complete a simple verification procedure that takes a few minutes.
Can I exchange BCH to MATIC?
Yes, you can instantly exchange BCH to MATIC on ChangeHero.
