Please note: like most trading venues, we display the current mid-market rates in our price charts. When you trade, you get the current bid or ask price depending on whether you are buying or selling. There is always a slight difference between the mid-market and the current bid or ask prices. This is a natural result of how Exchange order books work.
This cryptocurrency is not available for withdrawal to external crypto wallets. It can be bought, held, and sold on Uphold.
Digital currencies are very high risk. Do not invest money you can’t afford to lose. Please consider the suitability of crypto for your individual position before trading.
About Polkadot (DOT)
Launched in 2017, Polkadot (DOT) is a blockchain protocol created by Ethereum co-founder Gavin Wood. It’s one of the most widely held digital assets associated with the burgeoning decentralised finance, or "DeFi," sector. DeFi, a bustling space within crypto at large, is aiming to, along with fintech startups, disrupt traditional banking, insurance, asset management and trading.
Polkadot is described as a scalable heterogeneous multi-chain technology.
What this means, essentially, is that the network will act as a relay chain through which a number of user-developed parallel chains (parachains) are hosted.
Parachains form the backbone of Polkadots’s appeal. Users are able to develop customised decentralised applications that run on an independent, private blockchain, while maintaining the computational resources (used to authenticate transactions) and security benefits of the larger Polkadot network.
How to buy Polkadot (DOT)
With Uphold, you can set up an account, verify your identity and buy crypto with ease.
Here is how:
1. Go to Uphold.com and click ‘Sign up’
2. Enter your email address, phone number and your personal details
3. Tell us how you plan to use Uphold and provide some basic financial information (e.g., employment status and source of funds)
4. Verify your identity by providing an ID document and taking a ‘selfie’
… and you’re off to the races!
Just start trading.
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