Convert and Swap Polygon MATIC to Bangladeshi Taka BDT
MATIC/BDT: 1 Polygon equals BDT 70.59 BDT
Last update: 5:42 PM, December 1, 2024
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Polygon is climbing this week.
The current price of Polygon is BDT 70.59 per MATIC. With a circulating supply of 2,240,843,938.533 MATIC, it means that Polygon has a total market cap of BDT 158,184,282,412.74. The amount of Polygon traded has risen by BDT 141,827,738.71 in the last 24 hours, which is a 8.05% increase. Additionally, in the last day, BDT 1,762,339,309.52 worth of MATIC has been traded.
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About Polygon
Polygon was formerly called Matic Network. Polygon (MATIC) is an Ethereum token that powers the Polygon Network, a scaling solution for Ethereum. Polygon aims to provide faster and cheaper transactions on Ethereum using Layer 2 sidechains, which are blockchains that run alongside the Ethereum main chain. Users can deposit Ethereum tokens to a Polygon smart contract, interact with them within Polygon, and then later withdraw them back to the Ethereum main chain. The MATIC token is used to pay transaction fees and participate in proof-of-stake consensus.
Polygon, formerly known as Matic Network, is a platform designed to facilitate the development and scaling of Ethereum-based applications. It aims to address some of the key challenges faced by the Ethereum network, including slow transaction speeds, low transaction throughput, and high transaction fees. At its core, Polygon utilizes a modular, flexible framework known as Polygon SDK, which supports the creation of multiple types of applications. The platform's native token, MATIC, is used for payment services within the Polygon ecosystem and as a settlement currency between users.
Polygon operates on a dual-layer structure consisting of a proof-of-stake (PoS) checkpointing layer and a block producer layer. The PoS layer validates blocks and periodically submits proofs (Merkle roots) of the blocks to the Ethereum mainchain, providing a high level of decentralization. The block producer layer, on the other hand, is responsible for creating blocks at a rapid pace, enabling fast and low-cost transactions. This unique architecture allows Polygon to achieve up to 65,000 transactions per second on a single side chain, with a block confirmation time of less than two seconds.
Polygon's infrastructure is designed to support a wide range of decentralized applications (DApps) without the typical drawbacks associated with proof-of-work blockchains. Its high transaction speed and low cost make it an attractive platform for developers looking to build scalable DApps. Furthermore, Polygon's compatibility with Ethereum allows developers to leverage Ethereum's existing developer community and ecosystem. The platform also supports the creation of optimistic rollup chains, ZK rollup chains, and standalone chains, providing developers with the flexibility to create the infrastructure they need.
Polygon was launched in October 2017 by co-founders Jaynti Kanani, Sandeep Nailwal, and Anurag Arjun. Prior to establishing its own network in 2019, the Polygon team made significant contributions to the Ethereum ecosystem, including the implementation of the Plasma MVP, the WalletConnect protocol, and the Dagger event notification engine. The team's commitment to enhancing the Ethereum ecosystem, coupled with their innovative approach to scalability and infrastructure development, has helped Polygon become a key player in the cryptocurrency space.
How Polygon and Bangladeshi Taka differ
Polygon and Bangladeshi Taka are two distinct forms of currency, each with its unique characteristics and uses. Polygon, previously known as Matic Network, is a digital platform that facilitates the development and scaling of Ethereum-based applications. It aims to tackle challenges such as slow transaction speeds, low transaction throughput, and high transaction fees that are common in the Ethereum network. Its native token, MATIC, is used for payment services within the Polygon ecosystem and as a settlement currency between users. On the other hand, the Bangladeshi Taka (BDT) is the official currency of Bangladesh, a physical form of money used for traditional transactions. Unlike Polygon, which operates on a dual-layer structure consisting of a proof-of-stake (PoS) checkpointing layer and a block producer layer, the Bangladeshi Taka is regulated by the Bangladesh Bank, the country's central bank. While Polygon's infrastructure supports a wide range of decentralized applications (DApps) and aims to achieve up to 65,000 transactions per second on a single side chain, the Bangladeshi Taka is used for everyday transactions in Bangladesh and does not have the same technological capabilities.
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MATIC to Bangladeshi Taka conversion tables
The exchange rate of Polygon is decreasing.
The current value of 1 MATIC is BDT 70.59 BDT. In other words, to buy 5 Polygon, it would cost you BDT 352.96 BDT. Inversely, BDT 1.00 BDT would allow you to trade for 0.0142 MATIC while BDT 50.00 BDT would convert to 0.7083 MATIC, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 9.35%. Meanwhile, in the last 24 hours, the rate has changed by 1.04%, which means that the the highest exchange rate of 1 MATIC to Bangladeshi Taka was BDT 73.71 BDT and the lowest 24 hour value was 1 MATIC for BDT 69.07 BDT. This time last month, the value of 1 MATIC was BDT 38.08 BDT, which is a 87.59% decrease from where it is now. Looking back a year, Polygon has changed by BDT 88.18 BDT. That means that in a single year, the value of Polygon has shrank by 25.34%.
MATIC to BDT performance history
Price 24H ago | Change 24H | Price 1W ago | Change 1W | Price 1M ago | Change 1M | Price 1Y ago | Change 1Y |
|---|---|---|---|---|---|---|---|
BDT 71.27 BDT | -1.04% | BDT 64.44 BDT | 9.35% | BDT 38.08 BDT | 87.59% | BDT 88.18 BDT | -25.34% |
MATIC to BDT
Amount | Today at 5:42 pm |
|---|---|
0.5 MATIC | BDT 35.30 |
1 MATIC | BDT 70.59 |
5 MATIC | BDT 352.96 |
10 MATIC | BDT 705.92 |
50 MATIC | BDT 3,529.61 |
100 MATIC | BDT 7,059.22 |
500 MATIC | BDT 35,296.09 |
1,000 MATIC | BDT 70,592.18 |
BDT to MATIC
Amount | Today at 5:42 pm |
|---|---|
0.5 BDT | 0.0071 MATIC |
1 BDT | 0.0142 MATIC |
5 BDT | 0.0708 MATIC |
10 BDT | 0.14 MATIC |
50 BDT | 0.71 MATIC |
100 BDT | 1.42 MATIC |
500 BDT | 7.08 MATIC |
1,000 BDT | 14.17 MATIC |
Today vs. 24 hours ago
Amount | Today at 5:42 pm | 24 hours ago | 24H Change |
|---|---|---|---|
0.5 MATIC | BDT 35.30 | BDT 35.66 | -1.03% |
1 MATIC | BDT 70.59 | BDT 71.33 | -1.03% |
5 MATIC | BDT 352.96 | BDT 356.63 | -1.03% |
10 MATIC | BDT 705.92 | BDT 713.26 | -1.03% |
50 MATIC | BDT 3,529.61 | BDT 3,566.32 | -1.03% |
100 MATIC | BDT 7,059.22 | BDT 7,132.63 | -1.03% |
500 MATIC | BDT 35,296.09 | BDT 35,663.17 | -1.03% |
1,000 MATIC | BDT 70,592.18 | BDT 71,326.34 | -1.03% |
Today vs. 1 month ago
Amount | Today at 5:42 pm | 1 months ago | 1M Change |
|---|---|---|---|
0.5 MATIC | BDT 35.30 | BDT 19.02 | +85.61% |
1 MATIC | BDT 70.59 | BDT 38.03 | +85.61% |
5 MATIC | BDT 352.96 | BDT 190.16 | +85.61% |
10 MATIC | BDT 705.92 | BDT 380.33 | +85.61% |
50 MATIC | BDT 3,529.61 | BDT 1,901.64 | +85.61% |
100 MATIC | BDT 7,059.22 | BDT 3,803.28 | +85.61% |
500 MATIC | BDT 35,296.09 | BDT 19,016.38 | +85.61% |
1,000 MATIC | BDT 70,592.18 | BDT 38,032.75 | +85.61% |
Today vs. 1 year ago
Amount | Today at 5:42 pm | 1 year ago | 1Y Change |
|---|---|---|---|
0.5 MATIC | BDT 35.30 | BDT 47.73 | -26.04% |
1 MATIC | BDT 70.59 | BDT 95.45 | -26.04% |
5 MATIC | BDT 352.96 | BDT 477.26 | -26.04% |
10 MATIC | BDT 705.92 | BDT 954.52 | -26.04% |
50 MATIC | BDT 3,529.61 | BDT 4,772.60 | -26.04% |
100 MATIC | BDT 7,059.22 | BDT 9,545.19 | -26.04% |
500 MATIC | BDT 35,296.09 | BDT 47,725.97 | -26.04% |
1,000 MATIC | BDT 70,592.18 | BDT 95,451.95 | -26.04% |
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