Giddy Introduces Multi-Coin Support on Polygon, Making DeFi Easier
• Giddy is introducing the ability to pay for gas with USDC stablecoin or the GIDDY token on Polygon.
• Multi-coin support within Giddy’s app on the Polygon Network will also begin.
• This update will allow users to purchase, transfer, hold, and track their positions for a wide range of digital tokens on Polygon.
Giddy Launches Autogas
Salt Lake City, Utah – On 3rd March 2023, Giddy announced that it is introducing the ability to pay for gas with USDC stablecoin or the GIDDY token on Polygon. Users can now purchase, transfer, hold, and track their positions for a wide range of digital tokens without having to keep MATIC in their balance. This launch makes Giddy the first wallet to provide users options to perform transactions on Polygon without MATIC in their balance.
Multi-Coin Support
In addition to Autogas payment options, multi-coin support will also begin within Giddy’s app on the Polygon Network. This feature allows crypto traders to benefit from blockchain and cryptocurrency tech with secure and frictionless DeFi access.
User Accessibility
The Autogas update provides more options and greater accessibility for clients that regularly use Giddy’s wallet as they no longer need to hold native tokens in order to pay for gas fees. Eric Parker, co-founder and CEO of Giddy said: „By not having to hold native tokens to pay for gas, both new and experienced crypto users can enjoy a much more seamless experience with Web3.“
Custody Structure
It is worth noting that Giddy’s business and technology structure prevent FTX-like catastrophes as they are not a custodian of customer funds. Instead they are a software provider which allows users to manage their own self-custody cryptocurrency wallets where they own keys that enable them true ownership of funds while staying true to the principles upon which DeFi was built – permissionless, trustless decentralized tech.
Conclusion
With this new Autogas feature being implemented by Giddy it creates greater accessibility for clients who regularly use its wallet making it easier than ever before for both new and experienced crypto users alike!