# Polygon Network

**What is Polygon (MATIC)?**

Polygon (Formally MATIC Network) is an L2 scaling solution for Ethereum. It uses PoS (Proof-of-Stake) to achieve low fees and faster transaction times than ETH.

### What is MATIC?

MATIC is the native token of Polygon. It used to pay gas fees when processing transactions on the network. MATIC is required for placing bets on JuicyBet to pay these fees.

### What is USDT?

USDT is a stablecoin pegged to the US Dollar 1:1. All bets are placed and redeemed in USDT. 

### Where can I get MATIC and USDT?

**Fiat to USDT**

Using the funding tab, you can buy MATIC/USDT using fiat directly on JuicyBet. 

This is facilitated by [Mt.Perelin](https://www.mtpelerin.com/), which lets users buy and sell crypto directly with a credit/debit card without needing KYC.

**CEX (Centralized Exchange)**

You can buy and withdraw MATIC/USDT using a CEX (Centralized Exchange). 

Many different CEXs offer MATIC/USDT trading. Popular options are [Binance](https://www.binance.com/), [Coinbase](https://www.coinbase.com/), [Kraken](https://www.kraken.com/).

**DEX (Decentralized Exchange)**

You can swap an existing cryptocurrency to USDT using a DEX. You can do this directly on JuicyBet by using the funding tab. 

We have integrated [1Inch](https://app.1inch.io/) for swapping.

**Bridge**

The second, and probably the easiest, option for most crypto-savvy users is to use a bridge. A bridge involves "bridging" an asset from one chain to another. \
\
Bridging from BSC <> Polygon, Gnosis <> Polygon,  Ethereum <> Polygon.

You can bridge directly from within JuicyBet by using the funding tab.

We use [Hop Protocol ](https://hop.exchange/)to facilitate bridging. Hop supports bridging from Ethereum, Arbitrum, Optimism, and Gnosis chains.


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