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Frequently asked questions
MATIC coins can be used as a payment, especially in games or purchasing NFTs. Furthermore, MATIC coin owners can stake matic tokens to vote for an upgrade to the network.
Cryptocurrency exchanges have different fees; you need to check different Estonian crypto exchanges to find the one with the lowest fee. Blocktrade exchange is available in Estonia and doesn’t have any fee.
It is legal to buy cryptocurrency in Estonia. However, you should keep in mind that the profit you may get from any cryptocurrency will be taxed at the end of the year.
Many experts and crypto investors are optimistic about the future of MATIC. Although nothing will be 100% guaranteed., it is believed that MATIC can be a good long-term investment.
Since trading and exchanging cryptocurrency is allowed in Estonia, if you have any tokens, you can sell without any problem.
New protocols were added to the Polygon network, and more users started buying it. High-speed transactions and low transaction fees are other reasons why Polygon became popular among investors.