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
In the past few weeks, Polkadot price has been in an aggressive bearish trend, which has seen its value drop...
A report by Business Wire claims that Dubai fund FD7 Ventures is planning to swap $750 million of its Bitcoin...
We’re only six months into a market downturn that could have years to run if the worst-case predictions prove true,...
Polkadot has announced the launch of the Polkadot Pioneers Prize, an incentive program designed to address critical challenges on the...
Polkadot was launched in 2020 after nearly 3 years of extensive research & development. Dr. Gavin Wood’s brainchild has received...
After a technical breakout, the Polkadot price gained 20% in two days. As we approach the next big level, the...
The Polkadot price has been under intense pressure in the past few months as concerns about its ecosystem growth remain....
The Polkadot Price Slid 40% to the steepest intraday loss since the May crypto Collapse. However, DOT is fighting back,...
The Polkadot price is attempting to bounce back after it declined sharply on Tuesday. DOT is trading at $42.30, valuing...