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Crypto.com adds Polygon support for Ethereum deposits and withdrawals
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It’s the season for Ethereum Layer-2 protocols, with many of them seeing massive adoption and capital inflows in recent times. With their increased assimilation into the mainstream, cryptocurrency exchanges have had no choice but to go multichain in a bid to attract and retain users.
Popular cryptocurrency exchange Crypto.com on 19 November announced that its integration with L-2 network, Polygon had now been completed. Thus, giving users the option to carry out Ethereum deposits and withdrawals through the network. The exchange had already added support for other Ethereum L2s such as Cronos, Arbitrum, BEP20, and the ERC20 Network.
Many centralized exchanges are now moving towards multichain ecosystems as congestion issues continue to plague
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