The Polkadot price retreated in the overnight session as the Bitcoin price dropped by more than 7%. DOT is trading...
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 investing 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
The Polkadot price is bouncing back after it crashed to $32.60 in overnight trading. DOT is trading at $35.95, which...
After a technical breakout, the Polkadot price gained 20% in two days. As we approach the next big level, the...
The Polkadot price has recovered sharply from yesterday’s cryptocurrency carnage and is higher by +75% in early Thursday trading. DOT/USD...
The Polkadot price has been unable to hold on to the relief rally gains. DOT remains in a tight range...
The Polkadot price staged a major recovery as part of the overall rally in digital currencies. DOT jumped to $24.25,...
DOTUSD is lower by -6% after falling below the important support of $20.00. The Polkadot price recovery has not only...
News that Master Ventures has raised $30 million of capital for its new fund has given the Polkadot price a...
The Polkadot price is attempting to bounce back after it declined sharply on Tuesday. DOT is trading at $42.30, valuing...
Even though blockchain technology seems pretty complex, take a few moments to imagine each chain as its own individual island....