Poloniex, which is a crypto exchange based in the U.S. has extended its support towards the Matic Network. Matic Network is a platform that provides blockchain scalability. This step by Poloniex has been taken by adding BTC, USDT and TRX to its platform. It is the first exchange which has listed TRX on its platform as it is created by Justin Sun. There will also be a bounty program organised by the exchange as it has been revealed by a tweet from it.

The main purpose behind this step taken by Poloniex and Matic Network is to provide extensive support to blockchain projects. Through this support, they will be able to grow and flourish in the market and will help them for their further development.
<blockquote class="twitter-tweet">
? New listing: <a href="https://twitter.com/search?q=%24MATIC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$MATIC</a> ?<a href="https://twitter.com/maticnetwork?ref_src=twsrc%5Etfw">@maticnetwork</a> is now open for deposits on <a href="https://twitter.com/hashtag/Poloniex?src=hash&amp;ref_src=twsrc%5Etfw">#Poloniex</a>!
We’re giving away 100,000 <a href="https://twitter.com/search?q=%24MATIC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$MATIC</a> to the first 100 customers who deposit <a href="https://twitter.com/search?q=%24MATIC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$MATIC</a>. Deposit now for your chance to win: <a href="https://t.co/jLVZKHRkPt">https://t.co/jLVZKHRkPt</a><a href="https://t.co/9aKmKENwz7">https://t.co/9aKmKENwz7</a> <a href="https://t.co/oJBZdkx1xJ">https://t.co/oJBZdkx1xJ</a>

— Poloniex Exchange (@Poloniex) <a href="https://twitter.com/Poloniex/status/1248644837986971649?ref_src=twsrc%5Etfw">April 10, 2020</a></blockquote>
<h2>Poloniex started trading competition for traders</h2>
According to the tweet by exchange, it is giving away 100,000 $MATIC to those 100 customers who will first deposit $MATIC. It has also urged the customers to deposit their $MATIC as soon as possible in order to get benefit.

The exchange has also started a trading competition especially for its traders. In this competition the traders will be rewarded with 2,100,000 $MATIC.

It has also been reported that trading volume on Matic has been accounted by Binance for more than 85%.
<h2>Matic Network is the most powerful IEO launches</h2>
With this collaboration of Matic Network with Poloniex, it also came out that it is among the most powerful IEO which has been launched in the crypto market. During Q4 of 2019, it has been seen that the price of Matic has gone through huge volatility, resulting in shaking the network.

Due to this, Matic is now trading with the support of BTC that too at a lower edge. Now the network will be much concerned with the price of bitcoin and altcoin as well. This is because altcoins are also correlated with bitcoin, so there will be an equal effect on both.

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Poloniex Supports Matic Network by Adding BTC, USDT and TRX

Poloniex, which is a crypto exchange based in the U.S. has extended its support towards the Matic Network by adding BTC, USDT and TRX to its platform.

Vandana has received Master of Arts degree in English from GEU Dehradun. She is currently working as a content writer with Agio Support Solutions and earlier worked as a sub-news editor at Business News and Information Services Private Limited. She is an enthusiastic content writer and aims to bring a compelling yet informative content to the audience. Meanwhile, enhancing her own knowledge in the cryptocurrency and blockchain industry.

Poloniex Supports Matic Network by Adding BTC, USDT and TRX

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