Buy Polkadot (DOT) Instantly with Itez

Learn more about Polkadot: How to buy, Exploring Its Impact, Market Capitalization, and more

What is Polkadot?

Polkadot facilitates secure interactions among all blockchains, potentially forming the foundation of the decentralized internet of Web 3.0. The network's structure overcomes limitations inherent in the first generation of single-chain blockchains, particularly issues related to scalability and isolation (incompatibility between different blockchains). Polkadot consists of parachains—individual blockchains linked to a base blockchain (Relay Chain) via special bridges. These bridges also allow the Relay Chain to connect with blockchains that do not use the Polkadot governance structure, such as Bitcoin and Ethereum.

The native token of the network, DOT, serves several functions. Owning this token enables participation in community governance, where token holders possess rights typically reserved for miners in other networks. Additionally, token holders can secure a parachain slot through DOT staking and participating in auctions.

The DOT token is traded on all major exchanges, and our itez service offers you the opportunity to buy DOT directly with a bank card or via SEPA transfer.

Polkadot (DOT) price in USD

1%

in 24 hours

Choose Your Cryptocurrency

Select Polkadot (DOT) from the list, then choose your preferred fiat currency and enter the amount you wish to purchase.

Enter wallet address

Provide the address of the wallet where you want to receive your DOT. If you don't have a wallet, you can create one using our recommended wallet services.

Make the Payment and Receive Your Polkadot

Choose whether to pay via SEPA or with a bank card, then confirm your payment. Once the payment is confirmed, your DOT will be sent to your provided wallet address. Congratulations, you now own DOT!

How to buy

What is Itez?

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FAQ

See full Polkadot FAQ

1. What's the deal with Polkadot (DOT)?

Polkadot links various blockchains into a multiverse of crypto possibilities. Many call it a "blockchain superhero"

2. What makes DOT stand out in this crowded crypto cosmos?

DOT offers interoperability, parachains, and staking.

3. How does Polkadot's "relay chain" work?

It secures the entire Polkadot network: process transactions and connects parachains for seamless and swift data transfer.

4. What the heck are "parachains", and why are they so cool?

Parachains are individual blockchains on Polkadot, each with its tokens and unique features, connected to the main network.

5. Can I earn by staking DOT?

Absolutely! Polkadot's prominent Nominated Proof-of-Stake (NPoS) consensus mechanism lets its users easily stake DOT. The best option is native staking, which is presented on Polkadot Network's official website.

6. What's the deal with DOT's "Nominated Proof-of-Stake" (NPoS)?

It is a variation of a well-known PoS. NPoS is more democratic as it allows DOT's holders nominate validators they trust. This way, users are earning rewards for their support while making the network safe.

7. How does DOT handle "bridges" to other blockchains?

To bridge blockchains, DOT employs different tools like smart contracts, higher-order protocols, and pallets. All these allow making transactions between various blockchains.

8. What's DOT's "governance" and why should I care?

DOT holders can play a role in decisions about network changes and upgrades. You'd better care if you're having DOT tokens in your wallet or like Polkadot in general!

9. What are DOT's "parathreads," and why are they exciting?

DOT's parathreads are a type of parachain, which is a parallelised chain that runs in conjunction with the main relay chain. Those are different from traditional parachains in that they don't acquire a permanent slot on the relay chain but instead lease one when needed. This leasing model allows for more flexibility and cost-effectiveness.

10. Can DOT "upgrade" without forking?

Yes, it's one of the key DOT's features. The blockchain employs a so-called "on-chain governance" to faciliate the network. Stakeholders vote on different proposes regarding Polkadot's changes. In short, everything's completely deсentralised.

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Polkadot (DOT) price in USD 1% in 24 hours

Polkadot (DOT) price in USD

1%

in 24 hours