Why is MATIC trading being discontinued?
The Polygon project launched a new token in 2024 called POL, which is an upgraded version of MATIC. A large share of the previous network activity has now migrated from MATIC to POL.
As part of this transition, Safello has decided to discontinue trading of the MATIC token. POL is one of the crypto assets we are currently exploring for a potential future listing.
Important dates
10 October 2025: Deposits and purchases of MATIC will be disabled.
19 October 2025: All MATIC trading will be disabled.
Please note that any open orders in the MATIC order book will be automatically cancelled on 19 October.
After 10 October, MATIC will no longer be available for trading on Safello.
However, if you still hold MATIC in your Safello wallet, you will continue to be able to make withdrawal transactions to an external wallet on the blockchain.
Can I migrate my MATIC to POL?
Yes. If you wish to upgrade your MATIC tokens to POL, you can do so yourself via the official migration portal:
The portal provides a step-by-step guide on how the migration process works.
Please note that you will need to send your MATIC tokens to a non-custodial wallet (such as MetaMask) that is compatible with the migration portal in order to complete the process.
Will Safello carry out the migration for me?
No. Safello will not perform the migration from MATIC to POL on your behalf. You need to complete the process yourself via the official migration portal.
Can Safello assist with the migration?
Safello is unfortunately unable to provide support for the migration process.
If you have questions about the upgrade, please refer to Polygon’s official communication channels for assistance.
Will POL be listed on Safello?
POL is one of the crypto assets that Safello is currently evaluating for a potential future listing.
You can find an updated list of the crypto assets we are currently evaluating here.