Connect with us

Crypto Exchange

Bitbns integrates Polygon for instant & cost-efficient transactions



Bitbns integrates Polygon for instant & cost-efficient transactions

Bitbns is the 1st Indian cryptocurrency exchange to integrate the Polygon network for instant and cost-efficient transactions.

Polygon is a full-stack scaling solution allowing more Ethereum-compatible applications to be built and connected. After this integration, the users of Bitbns will be able to transfer their funds quickly and cost-efficiently to the Polygon PoS network.

Also according to the official blog post, “With the integration of Polygon, Bitbns users can now transfer funds directly to the Polygon PoS network, with zero withdrawal fee applied for USDC, USDT, MATIC, LINK, AAVE, WETH.”

Deposits and withdrawal are now live on the official website and app of Bitbns where users can enjoy almost zero withdrawal fees on USDC, USDT, MATIC, LINK, AAVE, WETH.

Bitbns currently has 140+ cryptocurrencies listed on its platform offering features like Fixed Income Plans, Automated DCA, Bracket orders, Margin trading, Pool sales, Options trading (testnet), API trading and a lot more.

Not only Bitbns, but OKEx also integrated the Polygon network to save on transaction fees using the Ethereum scaling solution. Before this integration users have to pay two contract fees to move their funds from the exchange to Polygon.

According to the official blog post, “OKEx’s Polygon integration currently supports the following ERC-20 tokens: BAL, BAT, CEL, COMP, CRV, DAI, ETH, GHST, GUSD, LINK, MKR, PAX, SNX, SUSHI, TUSD, UNI, USDC, USDT, USDK, wBTC, YFI, YFII and ZRX.”

Disclaimer: Koinalert’s content is only for information purpose in nature and should not be considered as investment advice. Do your own market research before investing in any cryptocurrencies. The author or publication does not hold any responsibility for your personal financial loss.

Ashish is a cryptocurrency journalist who has been passionately involved in the bitcoin space since 2016. His interests lie in bitcoin security, open-source systems, network effects and the intersection between economics and cryptography.