The Polkadot price has bounced back from its lowest level in July. The coin is trading at $14.28, which is...
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 relentless rally accelerated on Wednesday as investors waited for the start of the new parachain auctions. The...
The Polkadot price staged a major recovery as part of the overall rally in digital currencies. DOT jumped to $24.25,...
The Polkadot price has struggled and lagged other cryptocurrencies in the past few days. DOT has gained by just 6%...
The Polkadot price has corkscrewed itself to a crossroads and is approaching the end of a long term triangle trading...
The Polkadot price is testing the resolve of a significant trend line on Tuesday, which will dictate if the bull...
Polkadot price is within an ascending channel even as most cryptocurrencies trade within a horizontal channel. Since the plunge that...
Earlier on Wednesday, the crypto market was all green after recovering some of its losses. The current global crypto market...
Polkadot (DOT/USD) price is up 20% from its monthly lows and is having another good day. On Thursday, DOT crypto...
Polkadot price dropped to an important support level as investors focused on the latest interest rate decision by the Federal...