How to Exchange BNB for Matic Using Godex?

Polygon has been all over the crypto news outlets as of late. With the release of their ZkEVM rollup network, the scaling solution to Ethereum is looking strong. So much so, that it might trump some of the leaders in the industry like BNB. If you exchanged your BUSD to BNB lately, this article might interest you as the potential of MATIC might be even stronger.

In this article, we explore some of the best ways to swap BNB for MATIC securely and anonymously. Additionally, we will provide you with some price predictions and analysis for both cryptos so you can make an informed decision if you are willing to invest.

Privileges of Anonymous Crypto Exchange

One of the most underestimated benefits of cryptocurrency trading is anonymity. That said, it’s also one of the most misunderstood concepts in the industry. Many think that crypto transactions are anonymous by default, which is hardly the case.

When using a centralized exchange, users must usually submit to a KYC process and share their private data with the exchange. In case of a database breach, all of this information can find its way onto the black market and compromise your security.

Anonymous crypto exchanges allow you to keep your data private and dissociate your identity from your crypto holdings. They don’t require you to go through a complex registration process, which, in turn, adds another security layer to your crypto holdings.

Swap BNB to Matic on Godex

Anonymous exchange Godex often comes up as one of the best ways to swap cryptocurrencies across different blockchains. The process of doing so is streamlined in every respect to provide both beginners and experienced users with the best trading experience.

Below, we depict the process in a few simple steps that should allow you to exchange BNB for MATIC in no time.

1. Visit the Godex website at http://godex.io.
2. Select your sending currency in the left drop-down menu as BNB.
3. Select your receiving currency as MATIC in the right drop-down menu.
4. Provide the desired amount and proceed by clicking on “Exchange.”
5. On the next page, provide your MATIC address where you want to receive your tokens.
6. And finally, pay with BNB to confirm your transaction.

You will notice that the platform never requested to create an account or register. It’s a simple and intuitive process that remains private and secure due to the use of blockchain technology and non-custodial wallets.

BNB to Matic Future Value

Let’s take a look at some price predictions of BNB and MATIC from reputable sources around the internet. For reference, BNB is currently trading at $343 and MATIC at $1.16.

BNB Price Forecast

Priceprediction.net gives us a decent target for BNB by the end of 2023. The website hopes to see BNB reach a maximum price of $502.51 this year., For the longer term, their analysts provide a forecast of $1,090.87 for 2025.

Digitalcoinprice.com is a bit more bullish than its counterparts. The target for 2023 is $754.17, whereas, in 2025, the website hopes for BNB to reach $1,240.15.

MATIC Future Price

MATIC is considered fairly cheap in comparison to BNB, which psychologically provides investors with more possible upwards price potential.

Priceprediction.net provides us with the following forecasts — $1.74 for 2023 and $3.57 for 2025. This prediction is similar to their BNB forecast in terms of growth.

Digitalcoinprice.com, on the other hand, places MATIC much higher for the same periods. The price targets are respectively $2.54 and $4.22 for 2023 and 2025.

Is It Profitable to Exchange BNB for Matic?

While internet price analysts provide us with similar growth potential for both BNB and MATIC, the latter might have more room for high profits. BNB remains a highly popular network for smart contract deployment but might be reaching a point of saturation.

Polygon, on the other hand, is only starting to hit its stride and could grow exponentially from here. Considering the upcoming upgrades to the protocol and the high-profile partnerships, this project will certainly make some noise in the next bullish cycle.