How to buy polkadot

How to buy polkadot(DOT) Guide

Updated on: 2024/05/20 15:57:19（UTC+0）

Coin rating

4.6

In this tutorial, we will discuss:

Where and how to buy polkadot

Alternative methods to obtain polkadot

Methods to obtain polkadot for free

What are the applications of polkadot

Market stats to assist in determining optimal times for purchasing polkadot

How to safely store your polkadot

How to withdraw polkadot

Where and how to buy polkadot

Investing in polkadot has never been easier. Simply sign up on Bitget, complete the identity verification process, and make payments using bank transfers, debit cards, or credit cards, all while ensuring security through crypto wallets. This is a widely adopted method to buy polkadot. Here's a step-by-step guide on how to buy polkadot on Bitget.

Step-by-step guide

Step 1: Create a Bitget account.

Step 2: Complete Bitget's identity verification.

Kindly verify your identity to ensure full compliance and enhance your Bitget experience.

You can access the identity verification page, fill out your country, upload your ID documents, and submit your selfie. You will receive a notification once your identity has been successfully verified.

Step 3: Place a polkadot order through any of the various payment options provided.

Credit/Debit card: For Visa/Mastercard, select Credit/Debit card and then click Add New Card in the Buy Crypto tab.

Credit/Debit in the Buy Crypto tab of the Bitget app

Enter the bank card details to complete your payment on Bitget Website

Credit/Debit in the Buy Crypto tab of the Bitget website

Select your preferred fiat currency, enter the amount you wish to spend, link your credit card, and then complete your payment with zero fees.

Add a new card to complete your payment on the Bitget app

Enter your bank card details to complete your payment on the Bitget website

For Diners Club/Discover card, click Buy Crypto > [Third Party] in the top navigation bar to place your polkadot order.

How to buy crypto with credit/debit card

Google Pay and Apple Pay: Turning your Google Pay and Apple Pay balance into polkadot is easy and secure on Bitget. Click Buy Crypto > [Third Party] in the top navigation bar to place your polkadot order.

How to buy crypto via third-party gateway

Buy polkadot via bank transfer: We accept iDeal and SEPA for EUR payments, PIX for BRL payments, PayID for AUD payments, UPI for INR payments, QRIS, DANA, and OVO for IDR payments, SPEI for MXN payments, and Gcash for PHP payments. Services are provided by the AlchemyPay, Banxa, Mercuryo, and Simplex payment gateways. Select Buy Crypto > [Third Party] in the top navigation bar, then select a fiat currency to place your polkadot order.

How to buy crypto on Bitget P2P

Buy polkadot with your Bitget account fiat balance: You can Deposit fiat funds with Advcash, SEPA, Faster Payments, or PIX payment gateways to top up your Bitget fiat balance. Then, click Buy Crypto > [Cash conversion] in the top navigation bar to place your polkadot order.

Zero-fee P2P trading: With Bitget P2P, you can buy crypto with over 100 payment methods, including bank transfer, cash, and e-wallets like Payeer, Zelle, Perfect Money, Advcash, and Wise. Just place an order, pay the seller, and you'll get your crypto. Enjoy secured transactions using escrow.

Step 4:Monitor polkadot in your Bitget spot account

If you've chosen to purchase polkadot on Bitget, your polkadot will be instantly credited to your Bitget spot account upon payment completion. You can click Assets located on the top right corner of the page to check your assets. Additionally, you can buy, deposit, convert, trade, and withdraw them.

Check your assets

Alternative methods to obtain polkadot

In addition to purchasing polkadot directly, there are numerous other ways to obtain polkadot.

Convert crypto to polkadot with Bitget Convert

Bitget Convert offers a secure, swift, and zero transaction fee method to convert crypto to polkadot. Just choose your available crypto assets, specify the amount for the polkadot swap, confirm, and check polkadot instantly credited to your spot account. Ensure sufficient account balance before proceeding with the conversion.

Bitget Convert preview

Swap on-chain assets to polkadot with Bitget Swap

Unlike buying or selling crypto, swapping does not access traditional financial rails since fiat currencies are not involved. Bitget Swap supports over 250,000 cryptocurrencies on 30 major blockchains including Ethereum, Polygon, and Solana. You can exchange any other crypto to polkadot anytime, anywhere, including cross-chain transactions. Transaction gas fees are automatically converted.

Click Trade > [Bitget Swap] in the top navigation bar to swap any other cryptocurrency for polkadot.

Methods to obtain polkadot for free

Using real money to buy polkadot is not the only way to obtainpolkadot. If you have the time to allocate, you can get polkadot for free.

Learn how to earn polkadot for free through the Learn2Earn promotion

Earn free polkadot by inviting friends to join Bitget's Assist2Earn promotion

Receive free polkadot airdrops by joining On-going challenges and promotions

All crypto airdrops and rewards can be converted to polkadot through Bitget Convert, Bitget Swap, or Spot Trading.

Note: Want to keep tabs on coin prices? Visit our Coin prices directory or polkadot Price Page and bookmark them to stay updated!

Buy now

polkadot Price Now:

DOT / USDT

$7.04

+0.03

+0.52%24H

The live polkadot price today is $7.04 USD with a 24-hour trading volume of $3025957.83 USD. We update our DOT to USD price in realtime. DOT is 0.52% in the last 24 hours.

Are you planning to buy DOT?

See if other users are buying DOT:

Yes

Buy other cryptos

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Buy polkadot in your country

A selection of popular polkadot buying regions.

How to buy polkadot in Japan

How to buy polkadot in Canada

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How to buy polkadot in Australia

How to buy polkadot in Malaysia

How to buy polkadot in Turkey

A welcome pack of 1000 USDT for new Bitgetters!

How to buy polkadot in other countries?

You can easily buy polkadot (Polkadot) with the lowest fees and highest security wherever Bitget is available. Select your country in the search box below to start buying polkadot in your preferred location:

This information is manually updated. If you come across any inaccuracies, please inform us at [email protected]. Last checked on 2024-05-20.

Trade smarter

A welcome pack of 1000 USDT for new Bitgetters!

What can you do with polkadot?

Now that you've secured your share of the digital revolution, it's time to take the next steps. Whether you're a seasoned investor or just starting out, explore our advanced trading features, like margin trading and futures trading, to amplify your potential returns. Keep an eye on the market through our intuitive interface and real-time charts, helping you seize opportunities as they arise. Consider staying ahead of market trends with Bitget's insightful educational resources, providing you with the knowledge you need to make informed trading decisions. Your crypto journey has just begun. With Bitget, you're positioned to navigate the exciting world of cryptocurrencies with confidence. And remember, our dedicated customer support team is here to assist you on your journey, addressing any queries you might have.

Store/Hold polkadot

Many users hold on to their polkadot with the expectation of it increasing in value. You can store your DOT safely on your Bitget account or on our crypto wallet app BG Wallet, the most user-friendly and secure mobile wallet.

Trade polkadot

You can trade polkadot for 150+ cryptocurrencies on Bitget’s industry-leading, fast, and secure trading platform. Bitget offers many trading pairs for polkadot trading to meet your needs.

Send polkadot

Yes, Bitget allows you to easily transfer value around the world, fast. You can buy polkadot online and send to anyone and anywhere with their polkadot address.

Spend polkadot

You can also buy goods and services with your polkadot. More and more vendors and retailers accept polkadot every day.

Donate polkadot

Bitget Charity accepts polkadot donations for global projects that aim to improve the lives of people in the bottom billion. You can donate polkadot so no one misses out on the growth made possible by blockchain.

Learn More About polkadot

You can read more in-depth articles on polkadot from Bitget Research and study how cryptocurrencies like polkadot work on Bitget Academy

Market stats to assist in determining optimal times for purchasing polkadot

Maybe you just need to know more about it. Let us briefly guide you through the most interesting polkadot facts from our Bitget Academy articles. Learn why people buy polkadot today!

What is Polkadot (DOT)?

Polkadot is a public decentralized multi-chain network that prioritizes interoperability and scalability while not compromising on security. The network was founded by Gavin Wood, co-creator of Ethereum, and raised USD 145 million in its high-profile ICO in 2017. As one of the biggest projects supported by the Web3 Foundation, it is undoubtedly a project worth one's attention.

How Polkadot (DOT) Works

Unlike the majority of public blockchain networks, Polkadot introduces great infrastructure improvements. It consists of one main blockchain called the "Relay Chain", and quite a few independent sub-chains called "parachains". The Relay Chain is responsible for security, governance, and data validation. Each parachain is independent and customizable to every developer's needs. Though the parachains operate independently, they benefit from the security and interoperability of the Relay Chain, as there exist many bridges among the parachains and between the Polkadot network and other blockchain networks. At the moment, it is estimated that about 100 parachains are working in Polkadot.

Because of such a multilayered structure, Polkadot can achieve speed, security, and scalability at the same time, and is thus considered among the most scalable public blockchains, even more so than layer-2 solutions.

Polkadot uses the Nominated Proof of Stake (NPoS) consensus algorithm, in which DOT holders can act as one of four stakeholders of the blockchain as follows:

- Nominators: pick validators, and secure the Relay Chain

- Validators: take part in consensus, and validate proofs from collators

- Collators: keep track of transaction records on parachains, and send such records to the Relay Chain

- Fishermen: report unusual behaviors in the network

How Many DOT Tokens Are in Circulation?

DOT is the native token of the Polkadot blockchain that can be used for staking and governance. There is no hard cap for DOT. The current DOT amount in circulation is 1.12 billion.

How to Buy Polkadot (DOT)

Consider investing in Polkadot (DOT)? It only takes 2 minutes to create an account on Bitget and start trading DOT.

Check out the available DOT trading pairs on Bitget!

Futures Market

DOTUSDT

Spot Market

DOTUSDT

DOTUSDC

Polkadot Resources

Whitepaper

Official Website

How to safely store your polkadot

Many investors opt to hold onto their polkadot for long-term investment. Safeguard your polkadot with confidence using the Bitget Wallet, known for its industry-leading security and risk control, backed by Suntwin Technology, Qingsong Cloud Security, HEAP, and Armors. Sign up now to enjoy the perks of owning a polkadot wallet at Bitget.

How to withdraw polkadot with Bitget's hassle-free withdrawal process

Using an exchange is one of the most convenient methods to cash out your polkadot or other crypto, and Bitget stands out as an excellent choice. With its user-friendly Buy/Sell buttons, Bitget simplifies the experience, allowing you to intuitively select the cryptocurrency you want to sell and specify the sell amount.

When it comes to withdrawing the polkadot you've acquired, Bitget offers a seamless experience. Enjoy competitive fees, a flexible minimum withdrawal threshold, and lightning-fast delivery times within 24 hours, ensuring your is readily available for you.

FAQ

How do I purchase polkadot?

Nowadays, you can purchase and store polkadot hassle-free on a CEX like Bitget. You can use your debit/credit card, bank transfer, or perform peer-to-peer trading to buy polkadot. You can easily do it on your computer, tablet, iOS, or Android.

Can I buy US$1 worth of polkadot?

In theory, polkadot can be divided and bought in an amount that is worth US$1, but on Bitget, the minimum order amount on the spot market is limited to US$5.

Can I buy US$10 of polkadot?

Yes, can be divided and bought in an amount that is worth US$10. On Bitget, the minimum order amount on the spot market is limited to US$5.

Where else can I buy polkadot?

If a token is not available for purchase via the P2P market or debit/credit card. You can place a buy order for it via the spot market.

Where is the best place to buy polkadot?

The best place to buy polkadot is the exchange that provides hassle-free and secure transactions combined with a convenient interface and high liquidity. Millions of users every day choose Bitget as a trusted crypto purchase platform.

Should I buy polkadot right now?

You should make a decision on purchasing or investing in polkadot or other tokens after performing your own research and analysis. Bitget provides user-friendly crypto trading and purchasing services. Additional resources such as Bitget Academy and Bitget Insights help users to navigate the current market news and trends.

Cryptocurrency investment activities, including actions done to buy polkadot online via Bitget, are subject to market risk. Bitget provides easy and convenient ways for you to buy polkadot instantly, and we put our best efforts to fully inform our users about each and every cryptocurrency we offer on the exchange, but we are not responsible for the results that may arise from your polkadot purchase. This page and any information in it is not meant to be interpreted as an endorsement of any particular cryptocurrency or method of acquiring it.