How to Buy Polkadot (DOT)

Interested in buying Polkadot (DOT) or exploring other cryptocurrencies? This is the right place for you! KuCoin offers safe and easy ways to let you buy Polkadot (DOT) instantly wherever you are! Check out all the ways you can buy DOT on KuCoin.

Buy Polkadot (DOT) on KuCoin in Four Simple Steps

Create Your Free KuCoin Account

Sign up on KuCoin with your email address/mobile phone number and country of residence, and create a strong password to secure your account.

Secure Your Account

Ensure stronger protection of your account by setting Google 2FA code, anti-phishing code, and trading password.

Verify Your Account

Verify your identity by entering your personal information and uploading a valid Photo ID.

Add a Payment Method

Add a credit/debit card or bank account after verifying your KuCoin account.

Buy Polkadot (DOT)

Use a variety of payment options to buy Polkadot on KuCoin. We'll show you how.

Choose How You Want to Buy Polkadot on KuCoin

Buying cryptocurrencies is easy and intuitive on KuCoin. Let's explore the different ways of buying Polkadot (DOT).

Buy Polkadot (DOT) with a Credit or Debit Card

This is the easiest way for new users to purchase (DOT). Link your credit or debit card to your account, enter the purchase amount, then wait for the transaction to be completed.

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How to Buy Crypto With Credit Debit Card Web

Buy Polkadot (DOT) via Bank Transfer

Depending on the region you are in, bank transfers are also a safe and convenient way to buy Polkadot. You can purchase DOT once the funds arrive in your account.

Video Tutorial

Buy Polkadot (DOT) Using Third-Party Channels

KuCoin supports a variety of leading third-party payment processors. Visit our third-party payment page to view available methods in your region.

Buy Polkadot (DOT) with crypto on the KuCoin Spot Market

With support for 700+ digital assets, the KuCoin spot market is the most popular place to buy Polkadot (DOT). Here's how to buy:

1. Buy stablecoins such as USDT on KuCoin using the Fast Trade service, P2P, or through third-party sellers. Alternatively, transfer your current crypto holdings from another wallet or trading platform to KuCoin. Make sure your blockchain network is correct, since depositing crypto to the wrong address may result in loss of assets.

2. Transfer your crypto to a KuCoin Trading Account. Find your desired Polkadot (DOT) trading pairs in the KuCoin spot market. Place an order to exchange your existing crypto for Polkadot (DOT).

Tip: KuCoin offers a variety of order types to buy Polkadot (DOT) in the spot market, such as market orders for instant purchases and limit orders for buying crypto at a specified price. For more information about order types on KuCoin, click here.

3. As soon as your order is successfully executed, you will be able to see your available Polkadot (DOT) in your Trading Account.

Video Tutorial

Get Your First Polkadot (DOT) with KuCoin

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How to Store Polkadot (DOT)

The best way to store Polkadot (DOT) varies based on your needs and preferences. Review the pros and cons to find the best method of storing Polkadot (DOT).

Store Polkadot in Your KuCoin Account

Holding your crypto in your KuCoin account provides quick access to trading products, such as spot and futures trading, staking, lending, and more. KuCoin serves as the custodian of your crypto assets to help you avoid the hassle of securing your private keys on your own. Make sure to set up a strong password and upgrade your security settings to prevent malicious actors from accessing your funds.

Hold Your Polkadot in Non-Custodial Wallets

"Not your keys, not your coins" is a widely recognized rule in the crypto community. If security is your top concern, you can withdraw your Polkadot (DOT) to a non-custodial wallet. Storing Polkadot (DOT) in a non-custodial or self-custodial wallet grants you complete control over your private keys. You can use any type of wallet, including hardware wallets, Web3 wallets, or paper wallets. Note that this option may be less convenient if you wish to trade your Polkadot (DOT) frequently or put your assets to work. Be sure to store your private keys in a secure location as losing them may result in the permanent loss of your Polkadot (DOT).

What Can You Do with Polkadot (DOT) on KuCoin?

Hold

Store your Polkadot (DOT) in your KuCoin account.

Trade

Trade Polkadot (DOT) in the spot and futures markets.

Earn

Earn passive income by staking or lending Polkadot (DOT).

Why Is KuCoin the Best Platform to Buy Polkadot (DOT)?

Safe and Trusted

Our regular Proof of Reserves (PoR) mechanism ensures that customer funds are backed by 1:1 real assets. KuCoin was named one of the Best Crypto Exchanges by Forbes in 2021 and selected by Ascent as the Best Crypto App in 2022.

High Liquidity

Boasting a high liquidity order book for all listed cryptocurrencies, KuCoin delivers a liquid trading experience with tight spreads.

Home of Crypto Gems

KuCoin supports more than 700 cryptocurrencies and is the best place to find the next crypto gem. Buy Polkadot and trade it against various digital assets on KuCoin.

Intuitive Interface

Buying Polkadot (DOT) on KuCoin is quick and easy, thanks to our intuitive interface and powerful technology. Obtain DOT in an instant when you buy on KuCoin.

Trade

Spot

Futures

DOTUSDTM

‎$ 4.09659030

-0.19%

Futures

DOTUSDM

‎$ 4.10400000

-0.16%

Futures

FAQ

Is Polkadot’s DOT a Good Investment?

In the few years since it has been around, Polkadot’s DOT has quickly risen to become one of the top cryptocurrencies by market cap. As the 11th largest crypto by market cap per data in June 2022, it is one of the most actively traded digital assets in the global market, enjoying high liquidity and trading volume on top exchanges, KuCoin included.

The prospects for DOT as an investment asset look promising, especially as more chains connect to the Polkadot network and the platform’s interoperability quotient rises. The addition of more parachains to the ecosystem could drive the Polkadot price higher and make it a lucrative asset to invest in.

In addition, the DOT price statistics could receive an additional boost amid the rising adoption of Polkadot among Web3 projects. As Web 3.0 comes into the mainstream in the near future, Polkadot is poised to be one of the most promising ecosystems to run dApps.

What Can Polkadot (DOT) be Used For?

DOT, the native cryptocurrency of Polkadot, has several use cases, including:

Governance Token

Polkadot is a truly decentralized platform, empowering DOT token holders with voting rights to decide how its technology evolves with time. As a DOT holder, you get to have.a say in how the protocol is upgraded.

Staking

You can stake your DOT crypto to improve the resilience of the overall Polkadot ecosystem. The staked DOT is distributed as rewards to honest nodes, encouraging good and responsible behavior while bad behavior by a node results in penalties.

Bonding

DOT also plays a very important role in bonding native assets of parachains connecting to Polkadot. DOT holders can stake their cryptocurrencies towards these bonding processes, removing the bonded token tokens when the respective parachain ceases operations.

Crypto Asset to Trade and Invest in

Polkadot is one of the most popular digital assets in the crypto market to invest in or trade against other cryptos. Do remember to check the Polkadot price, market cap, 24-hour trading volume and perform fundamental, technical, and sentiment analysis of the market before entering a new trade.

Earn Passive Income on KuCoin

You can grow your crypto portfolio easily by HODLing DOT on KuCoin. Head to our Crypto Lending section and look up the Polkadot crypto from our list of offerings, enter the number of DOT you wish to use for lending liquidity and select the duration (7 days, 14 days or 28 days). You will then be able to see our daily interest rates and get an estimate on the profits you can earn by lending liquidity in DOT on KuCoin.

How to Send DOT to Polkadot-JS

Polkadot-JS Wallet is the native crypto wallet of the Polkadot network. Here’s how you can transfer your DOT crypto from KuCoin exchange to the native Polkadot wallet:

1. Create an account on Polkadot-JS and set up your wallet if you don’t have one yet.

2. Buy DOT on KuCoin by exchanging other cryptocurrencies or stablecoins.

3. Note down your Polkadot-JS wallet address from your account.

4. Select the DOT token from your KuCoin trading account and click on the option to withdraw it.

5. Enter the number of DOT tokens you wish to send to Polkadot-JS and enter your wallet address in the destination box.

6. Verify the details of the transaction including the transaction fees you will be charged before confirming the order.

7. You will receive the DOT tokens from your KuCoin account in your Polkadot-JS wallet successfully within a few minutes.

How to Stake DOT on Polkadot-JS

Here are the steps to undertake if you wish to stake DOT on the native wallet Polkadot-JS:

1. Create an account on Polkadot-JS and add DOT funds by buying the cryptocurrency on exchanges like KuCoin and transferring them into the wallet.

2. You need to hold a minimum of 10 DOT tokens to stake on the Polkadot network via nomination.

3. Head to the Staking section under the Network tab within your Polkadot-JS wallet account after funding it.

4. Select your Stash and Controller accounts when you add a nominator and enter the number of DOT tokens you wish to stake.

5. Choose from the list of validators and confirm the transaction by clicking on the button “Bond and Nominate”. You will need to re-enter your password to validate the staking order.

Polkadot (DOT) Price Analysis

Live Price

The live price of DOT is 4.1 USD, representing an increase of 1.81% in the past 7 days and -0.11% decrease in the past 24 hours.

Historical Trends

The all-time high of DOT was -- USD on Invalid date, from which the coin is now down .
The all-time low of DOT was -- USD, from which the coin is now up .

ATL --

ATH --

How to Buy Other Crypto Assets

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Disclaimer

Given the nature of the crypto market, the price of Polkadot (DOT) is subject to high market risk and price volatility. We recommend you invest in digital assets only after you understand how they work and their associated risks. Other factors to consider when devising your crypto investment strategy include your experience level, financial situation, investment objectives, and risk tolerance. You could also consult an independent financial advisor before buying cryptocurrencies. The above information is not financial advice, and past performance is not a reliable indicator of how the market will fare in the future. The value of your investments and assets may rise or fall based on market conditions, and there is no guarantee that you will get back the amount you invest or profit from your investments. Your investment decisions are your sole responsibility, and KuCoin is not responsible for any losses you may incur when you buy crypto on its platform. We rely on third-party sources for price and other data related to the cryptocurrencies listed above, and we are not responsible for its reliability or accuracy. The information is provided to you solely for informational purposes and is not warranted by KuCoin.