The Polkadot (DOT) token has risen by 6% in the last 24 hours and the cryptocurrency is consolidating near the $30 region
The Polkadot token has seen an upswing over the past 24 hours and the DOT coin is trading at $33.75 at the time of writing. The Polkadot cryptocurrency has the potential to recover further if the bulls manage to keep the current price spike. The Polkadot ecosystem has strengthened over the past year with many updates, providing strong competition to other competing blockchains.
How and where to buy Polkadot in the UK and elsewhere
If you want to buy DOT, you need access to a trading account with a crypto exchange/broker platform. To register a new account, go to the “Sign In” button and enter your username, password and email address. The Website will contact you by email and ask you for additional verification under the Know Your Customer (KYC) procedure. You can present your driver’s license and electricity bill to meet KYC standards.
Decentralized exchanges should be avoided because they are unregulated. For your benefit, we have selected two of the best platforms for trading.
What is Polkadot? and why is it a rally?
Polkadot provides cross-chain interoperability with different blockchains. The blockchain has its own token called DOT. The popular social crypto trading platform eToro recently listed the DOT token, which caused a lot of interest among investors. The Polkabridge project, which is part of the DOT network, has also recently partnered with Harmony.
Should I buy DOT today?
The Polkadot token is currently experiencing an increase in price thanks to numerous updates and positive news about the network. The early owners of the DOT token could receive sizable profits in the future if the token continues to rise.
The coin could very well reach new highs if the bulls maintain interest. The Polkadot ecosystem is currently one of the strongest in the field of cryptocurrencies.
This article is for information purposes only – none of the information is to be understood as financial or investment advice.