What is Polkadot?

Polkadot is a blockchain protocol designed to support multiple chains within a single network. It aims to overcome a problem in the current blockchain landscape: hundreds of blockchains exist in isolation and have little ability to communicate.

People find value in DOT because it promises to provide significant interoperability between a number of blockchains, while also highlighting the benefits of sharding. Despite the Polkadot project being worked on for years, it was just launched and still has a long way to go to catch up with a number of cross-chain competitors.

What are the use cases of DOT?

There are many different use cases for Polkadot parachains, including transaction chains, oracle chains, identity chains, file storage chains, data curation chains, IoT chains, finance chains, and privacy chains.

Over 25 projects are building on Polkadot, including Chainlink and Ocean Protocol.

Where can you buy DOT?

DOT, is now available for instant purchase via trading or on Liquid Buy and Swap, where Visa cards are accepted globally. Currently, available trading pairs are DOT/BTC, DOT/USDT.

Leave a Reply

Your email address will not be published. Required fields are marked *

Subscribe to our NEWSLETTER

Coins Shield

We build crypto products that are simple, elegant, and secure. Whether you are an individual or an institution, we want to help you buy, trade, and store your bitcoin and cryptocurrency. We are committed to earning and maintaining your trust. We believe that in order to do so, we must invest in our four pillars for the long-term. Product, Security, Licensing, and Compliance are the inputs that generate a trust output.

Crypto is about giving you greater choice, independence, and opportunity. We are here to help you on your journey.

Quick Links

© 2021 Coins Shield. All rights reserved.

Risk Warning

The Financial Products offered by the company include Contracts for Difference ('CFDs') and other complex financial products. Trading CFDs carries a high level of risk since leverage can work both to your advantage and disadvantage. As a result, CFDs may not be suitable for all investors because it is possible to lose all of your invested capital. You should never invest money that you cannot afford to lose. Before trading in the complex financial products offered, please ensure to understand the risks involved.

Refund Reason