As of 9 September 2024 at 04:00 UTC, POL (Polygon) – the newly introduced Polygon ecosystem token replacing MATIC – is live on BitMEX for users to deposit, buy, and trade the POL token via our Spot market. 

As of 9 September at 04:00 UTC, you will be able to deposit and trade POL here. The convert function for the token will be available in the coming weeks, and users will be notified via our site announcements once live.

This listing comes as part of the transition of BitMEX’s support of POL on the Polygon Network. Users who have yet to withdraw their MATIC (ERC-20) tokens on BitMEX are strongly encouraged to do so as soon as possible. You can find all the details of the Polygon migration for BitMEX users in our blog. 

For a lowdown on the new spot listing, read on. 

If you haven’t signed up for a BitMEX account yet, we’re currently offering up to $5,000 in BMEX Tokens for verified users- you can register here.

About POL on BitMEX 

The addition of POL on BitMEX means users will soon be able to:

• Trade POL/USDT on BitMEX Spot via the open order book here. 
• Convert Tether into POL (and vice versa) with no fees nor any need to worry about slippage.
• Deposit and HODL POL in their BitMEX Wallet.
  • Note: There will be a minimum deposit requirement of 10 POL.

On top of the new spot listing, you can already trade our POL perpetual contract – POLUSDT – with up to 10x leverage. Find the full contract specs here.

What is POL (Polygon)? 

POL (Polygon) is the newly introduced ecosystem token for the Polygon network. Formerly MATIC, POL is a hyperproductive token that can be used to provide valuable services to any chain on Polygon, including the AggLayer itself. The token is now the native gas and staking token of Polygon PoS—and fundamental to Polygon network security. 

To be the first to know about our new listings, product launches, giveaways and more, we invite you to join one of our online communities and connect with other traders. 

For the absolute latest, you can also follow us on Twitter, or read our blog and site announcements. 

In the meantime, if you have any questions please contact Support who are available 24/7.

The post Now Live: Deposit, Buy, and Trade POL on BitMEX Spot  appeared first on BitMEX Blog.