MATIC & FTM are now supported on their native chains

April 27, 2022
Newton Team
April 27, 2022
MATIC & FTM are now supported on their native chains

You can bid slow transfers goodbye, and say hello to low fees. Matic (MATIC) and Fantom (FTM) are now supported on their native networks with Newton for funding and withdrawals. Simply select your preferred network using the new drop down button in-app.

- MATIC is available for funding and withdrawals via the native Polygon network
- FTM is available for funding and withdrawals via the native Fantom network
- No more paying high gas fees when funding/withdrawing ERC-20 versions of the tokens
- Faster transaction confirmation–seconds instead of minutes or hours💥
- The cost per transaction on the native networks are only fractions of a cent rather than several dollars
- Remember, up to $5 of your network fees are on us!

Learn more about FANTOM and MATIC on our coin pages.

Offering multichain support allows for more options, faster transaction times—seconds rather than minutes to hours—and drastically lower fees—fractions of a cent instead of several dollars. Expect multichain support for more coins soon!

We're always adding new coin pairs – If you have a pair you'd like to have support for, let us know! support@newton.co

This article is for informational purposes only and does not constitute investment, financial, or legal advice. Cryptocurrencies and blockchain-based assets are highly speculative, subject to significant risks including price volatility, regulatory uncertainty, and potential total loss of investment. Crypto assets are not insured by the Canada Deposit Insurance Corporation (CDIC). Cryptocurrencies and stablecoins may be considered securities or derivatives under Canadian law, subject to CSA and CIRO oversight. Consult a qualified financial or legal professional before making investment decisions. No securities regulatory authority has expressed an opinion about any of the crypto assets made available on the Newton’s platform, including any opinion that a crypto asset is not a security and/or derivative. This blog may contain links to other websites for informational purposes or for your convenience. We do not control the linked websites or the content provided through such websites, and we have not reviewed, in their entirety, such websites. Your use of linked websites is subject to the privacy policies and terms of use established by the specific linked website, and we disclaim all liability for such use. The fact that we offer such links does not indicate any approval or endorsement by us of any linked website or any material contained on any linked website, and we disclaim any such approval or endorsements.
Newton Team
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