Polkadot price has eased after declined from the week’s high of $35.33. Since bouncing back from the support zone at...
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
Despite the volatility, the Polkadot price is unchanged for September and is struggling for direction in a broad sideways channel....
Polkadot launched the parachains in October 2021. The essence of the parachain was to interconnect blockchain networks, which is an...
June is panning out to be another aggressively bearish month for Polkadot price, with the latest data showing the crypto...
Our previous Polkadot price prediction is playing out exactly as predicted. As suggested in our last article, DOT crypto price...
A report by Business Wire claims that Dubai fund FD7 Ventures is planning to swap $750 million of its Bitcoin...
After trading sideways for almost a week, Polkadot’s price looked set to start another push to the upside. However, the...
The Polkadot price prediction has flipped bearish due to the rejection from a critical level. DOT crypto price surged after...
After a technical breakout, the Polkadot price gained 20% in two days. As we approach the next big level, the...
Polkadot price has had its trading volume drop by 0.5% over the past 24 hours. At the same time, its...