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.”