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Polkadot

Polkadot is a next-generation protocol created in 2016 by Ethereum Co-founder Dr Gavin Wood. The Polkadot protocol enables cross-chain transfers of any data or asset, offering users interoperability with various Blockchains in the Polkadot network.

Polkadot was designed as part of a larger vision for a web that gives consumers back control of the internet. It builds on the former promises of blockchain networks while providing several essential advantages.

Polkadot’s native token is DOT (DOT/USD)

​​Is Polkadot a good investment?

Like any other crypto, the price of Polkadot is highly volatile. Therefore investors should proceed with caution. Furthermore, Polkadot is still in its infancy, and may take time to reach its full potential. As with all cryptocurrencies, Polkadot is not backed by tangible assets, making it a high-risk investment.

How to buy DOT tokens

The first step is to open a cryptocurrency trading account with a trusted broker or exchange like Coinbase or Binance. Once your account is verified, you then link your bank account and deposit fiat currency such as US Dollars or Euros. Once that is done, depending on your goals, you can purchase DOT tokens as a short-term, or long-term investment. DOT Tokens can be held on an exchange or sent to an associated cryptocurrency wallet.

Polkadot latest news

Cryptocurrencies
·Feb 16, 2021, 09:30 GMT

Cardano and Polkadot Price Prediction: Is the Rally Still Intact?

The Cardano and Polkadot prices have been on a slow and steady uptrend recently. The two have risen by more...
Read More
Cryptocurrencies
·Feb 22, 2021, 09:29 GMT

Polkadot Price Prediction: Is DOT About to Rise to $50?

The Polkadot price soared to a high of $42 during the weekend. Since then, it has lost some of the...
Read More
Cryptocurrencies
·Feb 26, 2021, 16:39 GMT

Polkadot Could Hit New Record Highs On Dubai Firm’s $750m Portfolio Conversion

A report by Business Wire claims that Dubai fund FD7 Ventures is planning to swap $750 million of its Bitcoin...
Read More
Ethereum ETHUSD
Cryptocurrencies
·Mar 03, 2021, 09:34 GMT

Polkadot vs Ethereum Price Comparison: Which is a Better Buy?

Ethereum (ETH) and Polkadot (DOT) have grown to become two of the biggest blockchain projects in the world. This year...
Read More
Cryptocurrencies
·Mar 16, 2021, 05:00 GMT

Polkadot Price Prediction: DOT is at Risk of a Major Pullback

The Polkadot price has not been spared by the ongoing cryptocurrencies sell-off. The DOT price is trading at $33.69, which...
Read More
Cryptocurrencies
·Mar 23, 2021, 06:23 GMT

Polkadot Price Prediction: DOT Hangs By a Thread as Interest Wanes

The Polkadot price has struggled in the past few weeks as interest in the fast-growing currency fade. The DOT price...
Read More
Cryptocurrencies
·Mar 30, 2021, 11:16 BST

Polkadot Price Prediction: Another 8% Gain to $37.2 Possible

The Polkadot price has rebonded in the past few sessions, helped by the rising interest in non-fungible tokens (NFT) and...
Read More
Cryptocurrencies
·Apr 08, 2021, 06:52 BST

Polkadot Price Prediction: DOT Bulls Have a Lot of Work to Do

The Polkadot price is bouncing back after it crashed by almost 20% in the past two days. DOT price is...
Read More
Cryptocurrencies
·Apr 15, 2021, 07:02 BST

Polkadot Price Forecast: DOT is Still Ranging – What Next?

The Polkadot price has struggled and lagged other cryptocurrencies in the past few days. DOT has gained by just 6%...
Read More
Cryptocurrencies
·Apr 29, 2021, 03:05 BST

Polkadot Price Prediction: Can the recovery continue?

The Polkadot (DOT) price has been attempting to claw back some ground this week after its recent 45% decline. The...
Read More
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Financial market and cryptocurrency trading and investing carry a high degree of risk, and losses can exceed deposits. Ensure you fully understand the risks involved. Any opinions, news, research, analysis, prices or other information contained on this website is provided as general market commentary and does not constitute investment advice. Read the “Risk Disclosure Statement” for further details.

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