Polkadot (DOT) is an open-source sharding multichain operating on the Ethereum network. Polkadot uses oracle technology to connect blockchains together, allowing information to be shared between multiple projects and networks. The goal of the Polkadot network is to create a truly decentralized web by allowing blockchains to “communicate” with each other. Polkadot is currently the 9th largest cryptocurrency in the world when measured by market capitalization.
Interested in learning more about investing in Polkadot? Our guide will help you get started.
Step 1: Open an Online Account
The easiest way to buy and sell cryptocurrency is through a crypto broker. Your broker will allow you to convert fiat currency or other cryptocurrencies into Polkadot online with just a few clicks.
If you aren’t sure where you can buy Polkadot, consider 2 of our favorite exchanges carrying the token below.
Step 2: Buy a Wallet
A cryptocurrency wallet is a mobile or desktop app that allows you to safely store your cryptocurrency with a private set of keys. For the highest possible level of security, we recommend investing in a cold wallet. Cold wallets are devices that you can buy from sites like Amazon. Most models work like a flash drive, allowing you to connect to your computer or mobile device via Bluetooth to transfer your coins into a more secure wallet. Your cold wallet stores your coins offline, which ensures that only you have access to your coins.
Consider a few of our favorite cold storage
More info:
https://www.benzinga.com/money/how-to-buy-polkadot-dot/