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Exchange Polkadot

If you're looking to swap Polkadot, SwapSpace is your one-stop-shop. We have some light reading for you - in case you'd want a refresher on what is Polkadot or some fresh information about dot’s price movements. And, of course, we provide you with the multiple Polkadot exchange options so that you can choose the offer with the best rates and lowest Polkadot fees, as well as other parameters that suit you.

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Polkadot Price Stats

To help you make a decision about exchanging your Polkadot, we gathered some cold hard numbers: Polkadot price chart and other stats, such as Polkadot market cap.
24H HIGH
24H HIGH

$7.247

DOT MARKET CAP
DOT MARKET CAP

$8,071,147,247.029

CIRCULATING SUPPLY
CIRCULATING SUPPLY

1,208,074,726.393 DOT

24H LOW
24H LOW

$6.011

DOT PRICE
DOT PRICE

$6.681

24H VOLUME
24H VOLUME

$39,735,329.519

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Polkadot Price Chart

Here you can see the current price of Polkadot, as well as Polkadot price history.

What is Polkadot?

Polkadot is an open-source shared multi-chain protocol that connects and secures a network of the other networks, thus providing a cross-chain transfer of the data or the assets, so the networks become interoperable with each other. The project was created to be a foundation for the decentralized internet of blockchain also known as Web3. It can connect public and private chains, permissionless networks.

The project’s data availability and validity schemes allow chains to interact with each other while remaining independent in their governance. Parachains (parallel chains) share the security, but have their own governance tokens and can be optimized for specific goals. At the end of 2021 Polkadot successfully held parachain auctions and signed the first five slots to the auction winners (Parallel, Acala, Moonbeam, Clover, and Astar). 

Polkadot is a layer-0 underlying metaprotocol that describes the format of the layer-1 parachains. An important feature of the network is its possibility to autonomously and forklessly update its one code through the on-chain governance. 

Another significant advantage of Polkadot is its scalability, achieved by enabling the sets of validators to secure multiple networks. Polkadot spreads the transactions across multiple parallel blockchains. Thanks to the substrate network, the users can easily create their own custom networks, thus helping the network to grow. 

Compared to the other blockchains, and thanks to the nominated proof-of-stake model, Polkadot consumes much less energy and has the lowest carbon footprint among proof-of-stake protocols. 

DOT is a native token of the Polkadot blockchain and it’s used for 3 main purposes: staking for operations and security, facilitating decentralized governance, and bonding the assets to connect the parachains.

A Simple Way To Exchange Polkadot Here At SwapSpace

Step 1
Step 1

Choose a pair

Choose the cryptocurrencies you would like to exchange among more than 950 coins and tokens. Pick them from drop-down menus. Type the number of coins you want to swap.

Step 2
Step 2

Select the best rate

You choose the rate – we do the magic! Pick up the exchange service by the rate which meets your requirements. Make sure you are okay with the selected service network fee and privacy policy: some of them require you to pass the AML/KYC procedure.

Step 3
Step 3

Transfer funds

Send the exact amount to the address provided and receive the crypto in your wallet within minutes. Don’t have a wallet yet? Our support will recommend a good one!

Step 4
Step 4

Receive your coins

You’ll get your coins in a few minutes! The exact time is a subject of various parameters such as blockchain network workload, transaction volume, our partners’ processing speed, etc. Concerned about your transaction? Check the swap tracker or feel free to contact the support: support@swapspace.co.

Frequently Asked Questions

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Popular Exchange Pairs With Polkadot

Those cryptocurrencies are most frequently traded with Polkadot at SwapSpace. Join our other customers in the “Exchange Pairs” section!
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