How to buy Polkadot

DOT

DOT - Polkadot

Trade only

DOT

Sign Up & Buy DOT

Created by a former co-founder of Ethereum, Polkadot is a platform that seeks to connect multiple blockchain networks into an 'Internet of Blockchains'. It accomplishes this with its unique use of a main 'Relay Chain' where transactions are agreed upon, plus user-generated 'Parachains'. Unlike Bitcoin’s proof-of-work system, Polkadot uses a proof-of-stake consensus mechanism to secure the network, verify transactions, and create and distribute new DOT. You can buy and sell DOT for any major cryptocurrency, like BTC, ETH, and XRP or traditional currency such as Canadian Dollar, US Dollar, and Euro. Trading cryptocurrencies is like foreign exchange of traditional currencies – you trade DOT for BTC the same way you trade CAD for USD. You can also trade DOT to CAD based on the DOT price. To learn how to buy Polkadot / DOT, scroll down to see how to buy Polkadot.

Founded in 2016 by Gavin Wood, former co-founder and CTO of Ethereum, Polkadot facilitates an internet where independent blockchains can exchange information and transactions in a trustless way via the Polkadot relay chain. Security and stability are Polkadot’s key organizational values, and it achieves this by uniting multiple blockchains. DOT is the protocol’s token. The DOT token serves three distinct purposes: governance over the network, staking and bonding.

You may want to consider buying DOT if you would like to:

Diversify your portfolio by introducing a variety of cryptocurrency assets

Be a part of Polkadot’s governance network and influence its uses

Earn rewards by nominating a validator or becoming a validator yourself

Exchange it for cryptocurrencies such as Bitcoin to buy and sell goods online

Polkadot (DOT)

All prices are in USD.

How to buy Polkadot

DOT

DOT - Polkadot

Trade only

DOT

Sign Up & Buy DOT

Created by a former co-founder of Ethereum, Polkadot is a platform that seeks to connect multiple blockchain networks into an 'Internet of Blockchains'. It accomplishes this with its unique use of a main 'Relay Chain' where transactions are agreed upon, plus user-generated 'Parachains'. Unlike Bitcoin’s proof-of-work system, Polkadot uses a proof-of-stake consensus mechanism to secure the network, verify transactions, and create and distribute new DOT. You can buy and sell DOT for any major cryptocurrency, like BTC, ETH, and XRP or traditional currency such as Canadian Dollar, US Dollar, and Euro. Trading cryptocurrencies is like foreign exchange of traditional currencies – you trade DOT for BTC the same way you trade CAD for USD. You can also trade DOT to CAD based on the DOT price. To learn how to buy Polkadot / DOT, scroll down to see how to buy Polkadot.

Here’s how to buy Polkadot on Quick Trade

Buying Polkadot is just like foreign exchange of traditional currencies like the Canadian Dollar, US Dollar, or Euro. You trade coins that you have – either a cryptocurrency or a dollar – for Polkadot, which trades as DOT. Based on when you think you can get a good DOT price, you should be able to trade DOT to CAD.

To buy Polkadot, simply follow these steps:

1

Sign up for a Quick Trade account and verify your identity

This is the first step to buying DOT. Verifying your identity helps us to properly connect your funds to your account.

2

Fund your account with Canadian Dollars

Funding is like putting gas into a car – it helps you get where you want to go.

3

After funding, select DOT from the list on the trade section

Quick Trade lets you trade DOT without leaving the app. You can also check the Polkadot stock price and convert DOT to CAD on the platform.

4

Select a currency you’ve funded and use it to check the DOT price

In the Quick Trade app, all currencies available to trade can be found in the drop down list.

5

Buy DOT

Congratulations! You’re now the proud owner of DOT. You can either HODL or use it to exchange DOT to CAD. To the moon!

Founded in 2016 by Gavin Wood, former co-founder and CTO of Ethereum, Polkadot facilitates an internet where independent blockchains can exchange information and transactions in a trustless way via the Polkadot relay chain. Security and stability are Polkadot’s key organizational values, and it achieves this by uniting multiple blockchains. DOT is the protocol’s token. The DOT token serves three distinct purposes: governance over the network, staking and bonding.

You may want to consider buying DOT if you would like to:

Diversify your portfolio by introducing a variety of cryptocurrency assets

Be a part of Polkadot’s governance network and influence its uses

Earn rewards by nominating a validator or becoming a validator yourself

Exchange it for cryptocurrencies such as Bitcoin to buy and sell goods online

Where do I keep my DOT?

At Coinsquare, we offer customers the power of easy transactions and cold storage security. We’re constantly organizing funds to ensure our customers trade instantly and securely. There are different storage options available for your cryptocurrency, your choice should ultimately be the one that suits your needs. Mobile and web wallets can make transactions easy as the currencies are accessible directly from your phone or device, whereas hardware wallets are best suited for secure, long-term storage as they eliminate the vulnerability found in online environments.

Ready to add DOT to your portfolio?

Create your account, fund it with spare change and get a little bit of DOT.

Sign Up & Buy DOT

Prices and percentage changes are for information purposes only and in no way reflect Coinsquare Ltd.’s speculation of market direction. Past performance is not an indicator of future performance. Please find our Risk Disclosure statement here.