Convert Polygon MATIC to Algorand ALGO
MATIC to ALGO: 1 Polygon converts to 1.12 ALGO as of June 7 at 1:04 PM
About MATIC and ALGO
Polygon is climbing, while Algorand is falling this week. The current MATIC to ALGO conversion rate is 1.12. Inversely, this means that if you convert 1 ALGO you will get 0.89 MATIC. The conversion rate of MATIC/ALGO has increased by 0.2% in the last hour (ALGO/MATIC decreased by 0.2%). In the last 24 hours, MATIC/ALGO grew by 0.96%, while ALGO/MATIC shrunk by the same amount.
The exchange rate of Polygon is increasing. The current value of 1 MATIC is 1.12 ALGO. In other words, to buy 5 Polygon, it would cost you 5.59 ALGO. Inversely, 1 ALGO would allow you to trade for 0.89 MATIC while 50 ALGO would convert to 44.75 MATIC, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 2.46%. Meanwhile, in the last 24 hours, the rate has changed by 1.02%, which means that the highest exchange rate of 1 MATIC to ALGO was 1.18 ALGO and the lowest 24 hour value was 1 MATIC for 1.10 ALGO. Last month, 1 MATIC was worth 1.09 ALGO. Today, it's up 2.4%. Looking back a year, Polygon has changed by 3.91 ALGO. That means that in a single year, the value of Polygon has shrank by 250.09%.
Polygon Market Stats
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.
Algorand Market Stats
Algorand is a cryptocurrency and blockchain protocol that aims to be simultaneously scalable, secure, and decentralized. It uses a consensus algorithm called pure proof-of-stake.
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Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
Conversion tables
MATIC to ALGO values from Today at 1:04 pm
0.5 MATIC = 0.56 ALGO |
1 MATIC = 1.12 ALGO |
5 MATIC = 5.59 ALGO |
10 MATIC = 11.17 ALGO |
50 MATIC = 55.87 ALGO |
100 MATIC = 111.74 ALGO |
500 MATIC = 558.68 ALGO |
1,000 MATIC = 1,117.36 ALGO |
ALGO to MATIC values from Today at 1:04 pm
0.5 ALGO = 0.45 MATIC |
1 ALGO = 0.89 MATIC |
5 ALGO = 4.47 MATIC |
10 ALGO = 8.95 MATIC |
50 ALGO = 44.75 MATIC |
100 ALGO = 89.50 MATIC |
500 ALGO = 447.48 MATIC |
1,000 ALGO = 894.97 MATIC |
MATIC to ALGO over time
MATIC | Today | 24H | 1M | 1Y |
|---|---|---|---|---|
0.5 MATIC | 0.56 ALGO | 0.55 ALGO | 0.55 ALGO | 1.96 ALGO |
1 MATIC | 1.12 ALGO | 1.11 ALGO | 1.09 ALGO | 3.91 ALGO |
5 MATIC | 5.59 ALGO | 5.53 ALGO | 5.45 ALGO | 19.56 ALGO |
10 MATIC | 11.17 ALGO | 11.06 ALGO | 10.91 ALGO | 39.12 ALGO |
50 MATIC | 55.87 ALGO | 55.30 ALGO | 54.53 ALGO | 195.59 ALGO |
100 MATIC | 111.74 ALGO | 110.60 ALGO | 109.06 ALGO | 391.18 ALGO |
500 MATIC | 558.68 ALGO | 553.00 ALGO | 545.30 ALGO | 1,955.89 ALGO |
1,000 MATIC | 1,117.36 ALGO | 1,106.00 ALGO | 1,090.59 ALGO | 3,911.77 ALGO |
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Frequently asked questions
How much is 1 Polygon in ALGO?
Right now, 1 Polygon is worth about 1.12 ALGO.
How much MATIC could I buy for 1 ALGO?
Based on the current rate, you could get 0.89 MATIC for 1 ALGO.
How do I calculate or convert MATIC to ALGO?
You can use our MATIC to ALGO calculator at the top of this page to convert any amount of MATIC to ALGO. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 ALGO is equivalent to 4.47 MATIC. Inversely, 5 MATIC will cost about 5.59 ALGO.
How can I buy 1 Polygon on Coinbase?
Polygon is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy Polygon.
Buy Polygon with Coinbase
Create a Coinbase account to buy and sell Polygon on the most secure crypto exchange.
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