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How to Buy Polkadot Coin (DOT) – Invest with Low Fees Today

In this guide, we cover everything you need to know about how to buy Polkadot (DOT) coin.
How to Buy Polkadot (DOT) Coin - Invest with Low Fees Today
How to Buy Polkadot (DOT) Coin - Invest with Low Fees Today

Don’t invest unless prepared to lose all the money you invest. This is a high-risk investment, you shouldn’t expect to be protected if something goes wrong.

Polkadot is one of the most widely-traded coins in the cryptocurrency space and is among the 15 largest cryptocurrencies in market capitalization. Launched in 2020, its native token, DOT, plays a crucial role in Polkadot’s ecosystem and is used for utility, governance, and staking. 

The project is a favorite for crypto enthusiasts as it offers innovative solutions to blockchain issues and aims to bring interoperability between various blockchains. The fact that the coin has survived multiple bear markets and has a 65% YTD return rate during the “crypto winter” hints that it can be “the next Ethereum” in the DeFi. 

So, if you have landed on this page, you will likely be interested in buying the Polkadot coin. In this article, we show you how to buy Polkadot (DOT) and where best to buy Polkadot. We also analyze the coin’s features and strengths, historical price performance, and Polkadot price predictions.

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Contents [show]

    How to Buy Polkadot Coin – Quick Guide

    Below is a quick step-by-step process that will help you buy Polkadot coins immediately without going into details.

    1. Open an account with Capital.com – Visit the Capital.com website and register for a trading account.
    2. Upload ID – Next, you are asked to verify your identity. To do this, upload a copy of your passport or national ID and proof of address.
    3. Deposit – Deposit at least $20 with a credit/debit card or bank transfer.
    4. Buy Polkadot Coin – Search for Polkadot crypto on Capital.com’s platform, and place a buying order. Note that you can use a leverage ratio 2:1 when buying digital assets on this platform.

    How to Buy Polkadot Coin – Capital.com Tutorial

    If you are ready to buy Polkadot coin, in this section of our guide, we’ll walk you through the steps using one of the most trusted crypto brokers, Capital.com.

    Step 1: Open an Account

    First, visit the Capital.com website and sign up for an online trading account. After you click the ‘Register Now’ button on the broker’s homepage, enter your personal details and confirm your email address.

    Register a Capital.com account (1)

    Step 2: Verify Your Identity

    To be able to trade with real money, you must first verify your identity. As such, Capital.com requires you to submit more information about your trading experience, the purpose of trading, and your financial background. Then, you are also required to upload a copy of your passport or driver’s license along with a copy of a statement or utility bill that proves your current address.

    Step 3: Add Funds to Your Account

    Once Capital.com has verified your account, you can add funds to your online trading account. The minimum deposit requirement is just $20, and you can pay by credit card, debit card, or bank transfer.Capital.com Deposit Funds (1)

    Step 4: Buy Polkadot (DOT) Coin

    The final step you need to complete to Buy Polkadot coin on Capital.com’s platform is to search for the coin and place a buying order. To do that, enter Polkadot or DOT at the search bar and click on the DOT/USD trading pair. Then click ‘Buy’ and enter the amount you want to invest (in US Dollars or the number of coins). When you’re ready, click on the ‘Open Trade’ button.

     

    Where to Buy Polkadot Coin in March 2024

    Wondering where to buy Polkadot coins? We’ll highlight 6 top crypto brokers where you can buy this popular altcoin.

    1. OKX – Emerging Crypto Exchange to Buy Polkadot

    OKXOKX is currently among the top 10 crypto exchanges, according to Coinmarketcap, and is also one of the most popular crypto companies in the world. It was founded in 2017 by Star Xu, a Chinese entrepreneur who had previously established the OKCoin exchange in China. OKX is headquartered in Malta and caters to a massive user base of over 20 million.

    Besides Polkadot, OKX offers a wide variety of cryptocurrencies, including small-cap and large-cap tokens. OKX strongly emphasizes security and implements measures such as two-factor authentication, SSL encryption, and cold storage of user funds. Additionally, the exchange operates a bug bounty program that encourages security researchers to identify and report vulnerabilities in the platform. These features ensure the protection of user assets and contribute to the overall trustworthiness of the platform.

    One can easily purchase DOT or trade the token on the OKX exchange after registering as a user. With years of experience and the reputation built by collaborating with top companies worldwide, OKX has positioned itself as a trusted platform suitable for buying cryptocurrencies like Polkadot.

    Pros

    • Low fees
    • Experienced company
    • Huge variety of features
    • Latest Web3 products

    Cons

    • Not available in the US

    Your capital is at risk.

    2. MEXC – Leading Exchange with Low Fees to Buy Polkadot

    MEXC stands as one of the foremost cryptocurrency exchanges, ranking within the top 20 based on traded volume. It has gained prominence as a reliable choice, particularly for acquiring volatile cryptocurrencies like Polkadot. Originating in 2018, MEXC has undergone remarkable growth, currently holding a substantial $1.6 billion in total assets.

    MEXC

    The platform serves a global clientele, spanning over 170 countries, and boasts a user base exceeding 10 million investors and traders. Its appeal lies in an array of enticing features and offerings. Despite its relative newcomer status, MEXC has consistently improved, notably enhancing its trading engine. This advancement allows for lightning-fast trade executions, achieving a speed of 1.4 million transactions per second.

    Beyond the support for well-known cryptocurrencies such as Bitcoin and Ethereum, MEXC goes further by accommodating numerous lesser-known options, meme coins, and recently launched tokens. This extensive selection amounts to an impressive 1700 listed assets. Headquartered in the Seychelles, the company holds essential licenses across multiple jurisdictions, signifying its commitment to compliance.

    Backed by an adept team dedicated to evolving the exchange, MEXC presents an enticing choice for investors seeking to diversify their portfolios with Polkadot and various other investment options.

    Pros

    • Holds key licenses
    • Supports more than 1700 cryptocurrencies
    • Great customer support
    • Intuitive website interface

    Cons

    • Is not available in some countries

    Your capital is at risk.

    3. KuCoin – Buy Polkadot for Low Fees

    KuCoin, hosting over 700 cryptocurrencies, supporting 48 fiat currencies, and offering thousands of trading pairs, secures its place as the world’s fifth-largest exchange by traded volume. It surged in popularity in 2020, now accommodating a user base exceeding 30 million across 200 countries. Renowned for its advanced trading features encompassing spot, futures, perpetual contracts, and derivatives, KuCoin caters to traders spanning from novices to experts.

    Notably, its reputation thrives due to both its low fees and its reputation for promptly listing lesser-known cryptocurrencies sought after by dedicated enthusiasts. This ensures not just accessibility to coins like Polkadot but also access to a diverse array of small-cap cryptocurrencies.

    KuCoin

    Headquartered in Seychelles with branches in Hong Kong and Singapore, KuCoin boasts a user-friendly interface accessible via web and mobile platforms. Built with a focus on usability, the platform is suitable for both beginners and seasoned investors. Its fee structure is straightforward, charging up to 0.1% for spot trading and commencing at 0.02%/0.06% for makers and takers respectively in futures trading. While cryptocurrency deposits incur no fees, withdrawal charges vary based on network and transaction particulars.

    For newcomers, KuCoin offers appealing incentives and promotions, while existing users frequently engage in contests or events to receive rebates or fee discounts. This combination, coupled with its competitive fee structure and comprehensive currency support, positions KuCoin as a promising choice for investors seeking to purchase DOT or explore the vibrant crypto market.

    Pros

    • More than 700 listed cryptocurrencies
    • Multiple offerings within the KuCoin ecosystem
    • High leverage available for traders
    • Good customer support
    • Global network

    Cons

    • Not available in the US

    Your capital is at risk.

    4. Bybit – Trending Exchange for Buying Polkadot

    Bybit LogoBybit is a Singapore-based cryptocurrency derivatives exchange established in March 2018 by experienced finance and technology professionals. The exchange has rapidly gained popularity among crypto enthusiasts worldwide due to its wide range of trading products and services. To ensure transparency and safety, Bybit undergoes an audited proof of reserves conducted by a third-party auditing firm. This practice ensures that user funds are safe and that the exchange holds sufficient reserves to cover its users’ balances.

    The sign-up bonus Bybit offers is also handsome, with new users earning up to 5,030 USDT in rewards based on their initial deposit amount. These rewards can be used to trade on the platform, providing an excellent incentive for users to join.

    Bybit supports various payment methods, including debit cards, making it easy for users to buy and trade popular cryptocurrencies such as Polkadot. To purchase Polkadot on Bybit, users must create an account and deposit funds, which can then be used to buy Polkadot and other supported cryptocurrencies.

    Pros

    • Reputed crypto exchange
    • Multiple cryptocurrencies available
    • Great customer support
    • Simple and appealing interface

    Cons

    • Not available in the US
    • The website can get choppy at times

    Your capital is at risk.

    4. Capital.com – Best Platform to Trade Polkadot CFDs

    Capital.com LogoCapital.com is an online CFD platform where users get access to thousands of assets, including shares, ETFs, commodities, FX currency pairs, indices, and cryptocurrencies. When you trade CFDs, you are not trading the underlying asset and, thus, don’t have to store your cryptocurrencies in a digital wallet. Instead, you agree with another party to speculate on the asset’s price.

    Among the vast range of crypto assets that Capital.com offer, you’ll be able to buy and short-sell Polkadot without paying fixed trading fees and with a leverage ratio of 3:1. The Capital.com platform also comes with an effective charting system that includes 75 technical analysis indicators, a price range tool, and the ability to trade directly from the chart.

     

     

    Buy Polkadot with CFDs

    Overall, Capital.com is an ideal platform for all investors who want access to Polkadot CFDs and other financial instruments. The trading platform is straightforward, and users can access the Capital.com mobile app and MetaTrader4. Finally, Capital.com is a regulated brokerage firm and ensures clients’ funds are safe and secure in. segregated accounts.

    Pros

    • Offers margin trading
    • No commission for buying and selling crypto assets
    • In addition to its in-house platform, Capital.com supports MetaTrader4
    • The first Artificial Intelligence trading platform in the world –  helps traders get trading insight based on previous trading activity
    • A great mobile app that is available on Android and iOS
    • Regulated in the UK by the FCA and in Cyprus by CySEC
    • 24/7 customer support

    Cons

    • Only CFDs – Do not offer users the to buy crypto assets outright
    • It does not support other crypto features like staking, futures, crypto loans, etc
    • No built-in crypto wallet

    71.2% of retail investor accounts lose money when spread betting and/or trading CFDs with this provider.

    5. Binance – Best Crypto Exchange to Buy Polkadot

    binance logoIf you still prefer to buy Polkadot crypto directly from an exchange and not via CFDs, then the first crypto exchange to consider is Binance. This is simply the largest and most advanced cryptocurrency exchange in terms of daily volume and the selection of coins and features it offers.

    Overall, Binance is one of the most balanced exchanges in the industry. On this exchange, users can access many features and tools and make a one-time cryptocurrency purchase with a credit and debit card or access a professional trading platform for active day traders. However, note that if you want to purchase DOT coins quickly, you can directly purchase DOT with a credit card on Binance. Another option is to buy Bitcoin with a credit and debit card and then exchange your Bitcoins (or any other coin you can buy with a credit and debit card) for Polkadot. Also, on Binance, you can trade DOT versus different crypto coins, including DOT/BNB, DOT, BTC, DOT/USDT, DOT/EUR, DOT/GBP, DOT/TRY, etc.

     

    Buy Polkadot (DOT) with Tether (USDT)

    To sum up, if you plan on becoming an all-around crypto trader that explores all the benefits of the crypto market – Binance is the best platform. You can stake coins, get rewards, trade futures and vanilla options, and utilize margin trading.

    Pros

    • The largest crypto exchange in terms of daily trading volume
    • Offers more than 150 crypto coins and 500 cryptocurrency pairs
    • Advanced trading platform that is available on all devices
    • Offers users to Polkadot with credit and debit cards
    • 10x margin trading on Polkadot
    • Low trading fees of just 0.10% per trade or less
    • Built-in cryptocurrency wallet
    • Staking is available

    Cons

    • Not regulated
    • The platform is a bit complicated for beginners and intermediate investors

    Your capital is at risk.

    Polkadot Coin Payment Methods

    Although crypto exchanges once made it difficult to buy altcoins like Polkadot, today, it’s extremely simple to buy this token. Let’s look at some payment methods you can use to buy Polkadot coins.

    Buy Polkadot Coin with PayPal

    A popular way to buy Polkadot coins is with PayPal. The simplest way to buy Polkadot with PayPal is to find a broker that accepts PayPal as a method for funding your account.

    You can also buy Bitcoin with PayPal directly. Once you have Bitcoin, you can transfer it to any cryptocurrency exchange and use Bitcoin to buy Polkadot coins. 

    Buy Polkadot Coin with Credit Card or Debit Card

    Another simple way to buy Polkadot coins is with a credit or debit card. Most crypto trading platforms, including Capital.com and Binance, accept Visa and Mastercard payments. Funds appear instantly, so this is a good option if you want to buy Polkadot coins as quickly as possible.

    Buy Polkadot Coin with Bank Transfer

    Finally, you can buy Polkadot coins using a bank transfer. All the top crypto trading platforms we reviewed accept bank transfers to buy Polkadot. Just keep in mind that these transfers can take a few days to complete, so you won’t be able to buy Polkadot instantly using this method.

    What is Polkadot Coin?

    In 2016, Polkadot was founded by Gavin Wood, a former Co-Founder of Ethereum, along with Robert Habermeier and Peter Czaban. The three have created the Web3 Foundation, which was founded primarily to facilitate a fully functional and user-friendly decentralized web. Polkadot, the flagship product of Web3 Foundation, is a platform that integrates diverse blockchain networks into one network, allowing these networks to transfer messages and data safely and securely. This is done using parachains, independent blockchains operating in parallel within the Polkadot and Kusama networks. In other words, Polkadot is a heterogeneous, multi-blockchain technology.

    The Polkadot (DOT) crypto is the primary token of the Polkadot network. It has three main purposes: governance over the Polkadot network, staking, and bonding. It is not an ERC-20 token and is utterly native to the Polkadot platform. And the DOT does not have a maximum supply, meaning it is an inflationary currency.

    Over 1 billion coins are in total supply, and 687 million DOT coins have already been staked.

    Polkadot Staking

    Why Buy Polkadot Coin? Polkadot Coin Analysis

    Known as the ‘Ethereum killer,’ Polkadot could be a significant project in the future that will have a long-term and lasting impact in any industry where blockchain technology could work. Simply put, Polkadot has the potential to create a network that is often regarded as ‘the blockchain of blockchains’, meaning it can solve one of the biggest problems of the cryptocurrency market and blockchain technology in general, which is interoperability. Thus, Polkadot software can connect various blockchains, including private to public networks, and vice versa.

    In general, most of Polkadot’s users are developers. So, in case you are excited about the Polkadot network and wish to become part of the community, buying Polkadot will give you the right to participate in the decision-making process about global upgrades and/or changes to Polkadot, participate in the governance of Polkadot, the ability to act as a validator, collator, nominator or fisherman, and the ability to be a collator.

    Otherwise, if you have no interest in becoming a Polkadot community member and simply want to make a profit by investing in DOT coins, then there are other factors to consider. First of all, Polkadot has competition with Ethereum and Cardano. If Polkadot can grab a small market share from Ethereum (and Cardano), there’s a huge upside potential here.

    Then, over the last year, there has been considerable hype around the Polkadot application. Some say it is the missing link to fully decentralized global trade and other networks online. And, though other networks like Cosmos are trying to do a very similar thing, Polkadot has the most advanced and promising technology. As such, many investors believe Polkadot could be the next Ethereum.

    Polkadot Coin Price

    Polkadot (DOT) has carved out its trajectory, demonstrating a series of fluctuations that mirror the broader trends in the market. Since its second Initial Coin Offering (ICO) in August 2020, Polkadot’s price journey has been one of both steady progression and sharp turns.

    In the be­ginning, the value of DOT coin remaine­d relatively stable, fluctuating be­tween $3 and $5 per unit. Howe­ver, this period of stability was interrupte­d by a significant bullish uptrend that started in early 2021 and pe­aked in May of the same ye­ar. As a result, Polkadot experie­nced an impressive surge­, with its value soaring to an astounding $45 per coin. This remarkable­ increase underscore­d the potential and appeal of Polkadot as an inve­stment opportunity.

    The crypto marke­t witnessed a landscape shift whe­n regulatory actions impacted Bitcoin and Tesla’s de­cision to suspend Bitcoin transactions. This created shockwave­s throughout the industry, affecting Polkadot as well. As a re­sult, the value of Polkadot plummete­d to as low as $11. However, demonstrating re­silience, Polkadot’s story took an upward turn in Novembe­r 2021.

    Coinciding with a widespre­ad surge across the industry, this rally propelle­d numerous cryptocurrencies to unpre­cedented he­ights. On November 5, 2021, Polkadot reache­d a pinnacle value of $55, underscoring its e­xceptional potential for expansion.

    The ye­ar came to a close with Polkadot’s value displaying indications of corre­lation, eventually stabilizing at $28. As 2022 unfolded, Polkadot, along with its counte­rparts, navigated the challenging landscape­ of bear market conditions. During this period, the­ value of Polkadot dipped to a low point of $4. It was a true te­st for the endurance of this cryptocurre­ncy as it bravely weathere­d the storm alongside the broade­r market.

    In 2023, Polkadot’s fortunes e­xperienced a notable­ shift. The cryptocurrency initiated its re­covery journey from a starting point of approximately $4.34 and has now re­ached a current price of $4.44. This re­cent improvement is accompanie­d by an observed 24-hour trading volume of $93,619,776, indicating a mode­rate increase of 0.70% in the­ past day.

    According to CoinMarketCap, Polkadot ranks 11th among cryptocurre­ncies with a live market capitalization of $5 billion. The­ circulating supply of DOT coins totals 1,216,636,775 while the maximum supply remains undisclose­d. The ye­ar 2023 shows promise for Polkadot as it strives to recove­r and potentially regain its position in the fie­rcely competitive re­alm of digital currencies.

     

    Polkadot Coin Price Prediction

    In the midst of ongoing turmoil in the­ cryptocurrency market, accurately pre­dicting Polkadot’s price movement is a challe­nging endeavor. The curre­nt state of this volatile market, commonly re­ferred to as a “crypto winter,” has re­sulted in major coins being traded be­low their historical averages.

    Despite­ differing opinions, a group of cryptocurrency analysts commonly agree­s that the market may ente­r a revitalization phase by the e­nd of 2023. To gain a deeper unde­rstanding of Polkadot’s potential future price pe­rformance, examining algorithm-driven te­chnical indicators proves insightful.

    Polkadot expe­rienced significant growth in 2023, bolstere­d by the expansion of its network. Notably, during the­ second quarter of that year, Ope­nGov was officially launched. This groundbreaking dece­ntralized governance mode­l introduces several innovative­ features designe­d to enhance decision-making proce­sses and promote transparency and e­fficiency. These include­ concurrent refere­nda, governance bodies de­dicated to community interests, and gre­ater delegation fle­xibility.

    The re­lease of XCM V3 marked a significant mile­stone in the journey of Polkadot. This upgrade­d iteration of the messaging format brings forth advance­d programmability. It establishes bridges with e­xternal networks, enable­s cross-chain locking, refines fee­ payment mechanisms, and provides robust support for Non-Fungible­ Tokens (NFTs). These te­chnological advancements greatly e­nhance Polkadot’s capabilities, transforming it into a more ve­rsatile and interconnecte­d network.

    The re­gulatory arena has witnessed a significant de­velopment with regards to Polkadot’s native­ token, DOT. Notably, the U.S. Securitie­s and Exchange Commission (SEC) no longer considers it a se­curity, as declared by the We­b3 Foundation. This achievement come­s after three ye­ars of deliberations betwe­en the foundation and the SEC.

    Acala and Moonbeam have­ attracted attention through their le­asing of parachain slots. As the initial leases for the­ first batch of parachains expire in October, a wave­ of increased competition e­merges. New proje­cts are vying for available slots, while e­xisting ones strive to retain the­ir positions.

    Looking forward, Polkadot’s landscape is set to evolve further by introducing additional system parachains, asynchronous backing, and para threads. These enhancements are anticipated to bolster the network’s scalability, functionalities, and interoperability.

    Notably, Polkadot boasts one of the most extensive developer communities within the crypto space. The network’s ability to execute its roadmap and deliver products has solidified its reputation as a reliable player.

    While algorithm-based technical indicators offer insights into Polkadot’s potential price trajectory, it’s essential to acknowledge the influence of broader factors on the cryptocurrency market and Polkadot itself. Market sentiment, regulatory shifts, technological advancements, and macroeconomic trends can all shape the market’s direction.

    Polkadot’s future price trajectory remains subject to the larger dynamics of the cryptocurrency market. As market participants monitor developments closely, Polkadot’s innovative network enhancements and supportive developer community could be pivotal in navigating the evolving landscape.

    Polkadot Vs Dogecoin

    Polkadot is undoubtedly one of the most attractive digital assets in the market right now. And it seems like DOT is an excellent long-term investment due to the value of its technology and what it might bring to the development of the crypto market, particularly blockchain technology. So, if you are looking for a coin that might rise in value in the long term, then Polkadot is an intelligent choice.

    Polkadot is not as attractive to investors as other coins like Dogecoin. And, as long as it’s not becoming a mainstream coin, it would be a challenge to predict the next move. On the other hand, Dogecoin is not the best long-term investment as it is unclear what its usage and critical points are. However, if you are looking for a short-term speculative asset, then Dogecoin is, in fact, one of the best assets in the financial market these days.

    Investing in Polkadot vs Trading Polkadot Coin

    Like any other financial instrument, you can invest long-term in a DOT coin or use this coin for short-term speculation. For that matter, you need to make sure you choose an asset with enough liquidity to profit from small price fluctuations and that you’ll always find other market participants in the chosen market. DOT crypto coin has a daily average volume of $2-$5 billion, which makes it a good asset for day trading and scalping strategy.

    With that in mind, unlike other altcoins in the crypto market, Polkadot seems to be one of the best long-term cryptocurrency investments, largely due to the sophisticated technology that can make blockchain networks much more efficient and valuable.

    Best Polkadot Wallets

    If you have decided to buy Polkadot coins directly from a crypto exchange and not in derivatives (futures, CFDs, options, etc.), you need a crypto wallet to store your coins safely. Fortunately, most crypto exchanges offer you to store your coins on a built-in wallet that is part of the platform. Your digital coins are, therefore, stored on the exchange’s corporate wallet, and as such, you must ensure you use all the protection measures you can take to prevent hacking or other cyber attacks.

    From our research, Binance offers an excellent crypto wallet known as the Binance Trust Wallet. This wallet has never had significant hacking and is considered among the safest hot wallets in the market. It also has many features and does not require another installation – it is a built wallet inside the Binance DEX application.

    Finally, another much safer option (but is not very convenient) is to store your crypto coins on a hardware wallet, also known as a cold wallet. This is simply an external device that connects to your computer (like USB), and, therefore, is not connected to any internet network.

    Capital.com – Best Way to Buy Polkadot

    In summary, Polkadot is undoubtedly one of the most promising projects in the crypto sphere. When we look ahead – if the Web3 Foundation succeeds in achieving its future goals, the Polkadot price is expected to continue rising over the long term.

    After reading this guide, you have the information on how and where to buy Polkadot crypto. Platforms like Capital.com and Binance offer you the best trading experience and, most importantly, the safest way to buy DOT coins.

    71.2% of retail investor accounts lose money when spread betting and/or trading CFDs with this provider.

    FAQs

    Should I buy Polkadot Coin?

    Polkadot coin is certainly one of the most attractive coins in the market right now. The ability to connect different blockchain networks and to enable users to create a custom blockchain using the Substrate framework - are services that can revolutionize the cryptocurrency market. As such, if you believe that blockchain can change the world, then the Polkadot crypto is one of the best investments you can make.

    Where can I buy Polkadot Coin?

    Polkadot is a popular cryptocurrency so you most likely be able to find many crypto exchanges and online platforms that support this coin. From our research, the best platform to buy DOT include Capital.com and Binance.

    Is Polkadot a Good Investment?

    Many crypto enthusiasts and analysts have positive opinions about Polkadot, and they consider it one of the most important projects in the crypto space. With its blockchain solutions, Polkadot addresses one of the most challenging issues of the DeFi space - interoperability. Though Polkadot’s native token DOT has been around for a short period of time, it already has a rich price history that indicates the coin has survived bear markets. Hence, Polkadot really seems to be a good investment and a promising crypto project.

    How much Polkadot Coin should I buy?

    Well, that depends on the amount of investment, your goals, and risk. That said, you need to consider that you can buy Polkadot coins with leverage, meaning you do not need to own the full amount of the position. For example, if you are using Binance to buy DOT/USDT, you can utilize a leverage ratio of 10:1.

    What is Polkadot Stock?

    Polkadot is not a public listed company. Still, it offers shares to the public in the form of tokens. As such, you cannot buy Polkadot stock, but you can invest in the company by buying its DOT coins.

    How much is Polkadot coin worth?

    At the time of writing, Polkadot is the 11th largest cryptocurrency by market capitalization. It is traded at $4.5, and with a circulating supply of 1.16 billion DOT tokens, it has a market cap of $5 billion.

    Will Polkadot coin go up?

    Currently, every cryptocurrency out there is still closely correlated to the movements of Bitcoin. Not many investors understand the value of each coin. Polkadot has real value and can change how blockchains will work. The only factor to be seen is whether Polkadot will see adoption by large businesses in the future. If that happens, the DOT coin is expected to keep growing.

    Can I buy Polkadot on Coinbase

    Coinbase listed Polkadot in June 2021, so the coin is now available to buy on the exchange. However, you can’t buy, sell or trade DOT with a regular Coinbase account, as the coin is only available for Coinbase Pro subscribers.