Buy Polkadot (DOT) in India at ₹167.02

Live DOT/INR Price

₹167.02

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6.41%

Price Changes

₹10.7

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6.41%

24h Low

₹156

24h High

₹167.18

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Reasons to Buy Polkadot (DOT)

• It is among the top 10 cryptocurrencies by market cap.

• It had a massive opening ICO of around $248 million.

• It provides a better rate of transactions per second.

• It has a market capitalization of more than $27.6 billion.

• It has no maximum supply of Polkadot tokens.

What is Polkadot (DOT)?

Polkadot was founded by a Swiss foundation, Web3, under the leadership of Dr. Gavin Wood. 

Polkadot is an open-source blockchain platform that aims at achieving better scalability than its other competing rivals. This is achieved through specialized parallel blockchains known as parachains.  It allows different kinds of blockchains to connect through Polkadot. This results in better interoperability among the blockchains. Through substrate networks, custom blockchains could be easily and quickly developed. They could be connected to Polkadot’s network in very little time.

Polkadot has its official native utility token named  DOT which is used as a way of providing incentives.

Things to consider before buying Poladot (DOT)

• Polkadot provides a staking platform that allows people to stake DOT to earn for receiving rewards and more DOTs.

• Anyone can see through their code since it is an open-source platform.

• It is automatically upgraded to implement new features without the need for a fork.

Highlight

Polkadot is an open-source blockchain platform that aims at achieving better scalability than its other competing rivals. This is achieved through specialized parallel blockchains known as parachains.

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Price Statistics

DOT Price Today

DOT Price

₹167.02

Price Change 24h

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6.41%

Price Change 7d

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5.41%

Market Rank

#33

Market Cap

₹26,168 Cr.

Trade Vol 24h

1,060 Cr

Circulating Supply

165 Cr. DOT

Trading Activity

87% Buy13% Sell

FAQ's

1. How Can I Buy Polkadot In India?

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CoinSwitch App is the simplest way to buy Polkadot in India. Sign up now and start investing with ₹100

2. Can I Buy Polkadot Directly?

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Polkadot could be bought directly through Peer to Peer(P2P) trading. It could also be bought via DEX(Decentralized Exchanges) or from someone willing to sell his crypto. Although it is difficult to understand the concept of DEX, it is also a risky task to find a trustworthy seller who could provide you with DOT. Therefore, you are not advised to take this path unless you are a pro trader.

For someone new to this field of crypto, he might want to take the easier route and Download the CoinSwitch App!

3. How to Buy Polkadot Stock?

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You can buy Polkadot in just 4 steps on CoinSwitch:

• Open the CoinSwitch App, click on the Market tab from the bottom navigation, then select Polkadot.

• Click on the ‘Buy’ button.

• Enter the amount that you would like to buy Polkadot for, say ₹100, and click on the ‘Preview Buy button

• Check all the details of your order and proceed by clicking ‘Buy.’ 

 Congratulations, you just bought your first Polkadot!

4. What Price To Buy Polkadot?

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There is no definite price set to buy crypto. This is because almost all of them are still developing and growing. This might cause an upthrust in the value of Polkadot. You would be left with nothing but regret for not buying it earlier.

You can start by periodically investing small amounts for as low as ₹100 to balance the opportunity and risk.

5. What Time To Buy Polkadot?

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No one can tell you the correct time to buy the cryptos. If you are someone who is looking for the golden hour when the prices go down, friend, you might have missed greater gains and revenues already.

Give it a try. A better approach would be to invest a lump sum at the time of dips. This would help you build a better portfolio.

6. What Platform To Buy Polkadot?

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Dozens of platforms are available over the internet, which allows you to buy your desired crypto. The only difference that matters is your experience. Some would take a lot of time to complete the purchase, while some would make it a one-step task.

Many crypto apps are available for you with a large number of technicalities that would make your purchasing experience horrible; however, CoinSwitch allows you to buy cryptos efficiently, removing all troubles.

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Disclaimer : Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. The information provided in this post is not to be considered as investment/financial advice from CoinSwitch. Any action taken upon the information shall be at user's own risk.