Polygon network switched from MATIC to POL token on September 4, 2024, at a one-to-one rate without loss of value. Holdings on the Polygon network were converted automatically, while those on Ethereum require manual exchange through Polygon's portal. POL is now used for transaction fees on Polygon, replacing ether, with very low fees making transactions affordable. Users should ensure they have POL for fees, watch for outdated guides, and keep track of transactions for tax purposes in Germany.
Polygon and POL token transition data provide context for readers. For readers following major cryptocurrencies, here is Pluang's market snapshot as of Sep 30, 2026 15:51 WIB: Out of 50 major cryptocurrencies, 15 rose and 34 fell. Kusama (KSM) rose 11.09% to Rp93.237 with a typical hold time of 79 days and 94% sell order activity. EOS.IO (EOS) increased 8.13% to Rp12.649 with a typical hold time of 87 days. The Graph (GRT) fell 8.12% to Rp509 with a typical hold time of 98 days and 54% sell order activity.
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