Polkadot is a fragmented multi-chain that can handle many parallel operations simultaneously. Recently, it has caught the attention of crypto enthusiasts once again: Lark Davis, a leading market analyst, says it will skyrocket in the near future.
Are you curious? Let's find out how to buy and trade Polkadot coins with ChangeNOW!
What is Polkadot
Polkadot is a protocol that allows independent blockchains to exchange information. The Polkadot project is the co-founder of Ethereum, Dr. It's an invention of Gavin Wood (who holds a PhD in software engineering). Dr. Wood created Polkadot to enable cross-chain transactions and eliminate the longstanding problem of blockchain scalability.
The project's native token, DOT, serves three main purposes - governance, staking, and linking. DOT token holders can vote, win prizes for their shares, or add new parachutes by linking. This way the project gives users full control over the protocol - there are no miners in the ecosystem. Instead, it uses a proofing algorithm so owners can manage all exceptional events like protocol upgrades and other fixes. The project uses game theory and allows cheaters to lose some of their stake while rewarding honest users. With this principle, the system remains safe.
The DOT token has a market cap of over $ 4 billion, making it one of the top competitors in the crypto space. The coin has a maximum supply of 999 million coins.
How to Buy or Sell Polkadot Coin
ChangeNOW is one of the most user-friendly platforms where people can trade Polkadot for other cryptocurrencies.
To trade your token on ChangeNOW, all you have to do is select your token, let the system display the buyer's amount, add your address and confirm the exchange. Your money will reach your wallet within minutes. ChangeNOW is a stress-free platform where you can perform transactions smoothly and easily.
Let's examine how you can buy and sell DOT coin with ChangeNOW.
How to Buy Polkadot Coin
Go to your browser and open ChangeNOW
Find "Buy crypto" on the homepage
Select USD and enter the amount (you will also see the Polkadot USD exchange rate)
Then choose DOT as "your earned money"
Enter your wallet address
Confirm the change
Complete the purchase. Your money will be in your wallet within minutes!
How to Exchange Polkadot Coin
Go to your browser and open ChangeNOW
On the main page, find the change window
Select "DOT" as the coin you want to sell
Then choose the money you want to buy
Enter your wallet ID
Confirm the change
Complete the exchange
You can check the current DOT-USD exchange rate by entering 1 DOT and checking the corresponding exchange rate of the USD. The Polkadot USD rate can also be checked on the ChangeNOW platform.
