Polkadot DOT Price: Live Charts & Interest Rates

Price of Polkadot (DOT) Today

As of the latest data, Polkadot (DOT) is currently priced at $6.61 with a market capitalization of $10.07B. The 24-hour trading volume stands at $318.92M, The circulating supply of Polkadot is approximately $1.52B. The cryptocurrency has seen a -1.86% decrease in value over the past 24 hours.

Platform	Coin	Price
Nexo	Polkadot (DOT)	4.56
PrimeXBT	Polkadot (DOT)	4.54
M2	Polkadot (DOT)	4.54
Uphold	Polkadot (DOT)	4.54
OKX	Polkadot (DOT)	4.54
YouHodler	Polkadot (DOT)	4.54

Platform

Coin

Price

4.56

4.54

4.54

4.54

4.54

4.54

Platform	Coin	Interest rate
Nexo	Polkadot (DOT)	Up to 15 APY
YouHodler	Polkadot (DOT)	Up to 16 APY
EarnPark	Polkadot (DOT)	Up to 12 APY

Platform

Coin

Interest rate

Up to 15 APY

Up to 16 APY

Up to 12 APY

Platform	Coin	Staking rewards
Uphold	Polkadot (DOT)	Up to 9.6 APY
YouHodler	Polkadot (DOT)	Up to 15 APY

Platform

Coin

Staking rewards

Up to 9.6 APY

Up to 15 APY

Platform	Coin	Interest rate
Nexo	Polkadot (DOT)	From 0 APR
YouHodler	Polkadot (DOT)	From 23 APR
Bitget	Polkadot (DOT)	From 24.65 APR

Platform

Coin

Interest rate

From 0 APR

From 23 APR

From 24.65 APR

Frequently Asked Questions About Polkadot (DOT)

What is Polkadot (DOT)?

Polkadot (DOT) is a next-generation blockchain protocol that aims to connect multiple specialized blockchains into one unified network. It promotes a scalable and interoperable ecosystem by facilitating the transfer of data and assets across different blockchains. Stay informed about Polkadot's development and trends using valuable tools on Bitcompare, which offer real-time price comparisons, email alerts, sentiment analysis, and the latest news.

How does Polkadot work?

Polkadot uses a unique architecture called multi-chain network to process many transactions on several chains in parallel, instead of on just one like Bitcoin and Ethereum. This reduces bottlenecks that occur on traditional networks and enhances scalability. Bitcompare provides tools for real-time insights and comparisons, helping you to stay updated and make informed decisions regarding Polkadot.

What is the utility of DOT?

DOT serves multiple functions in the Polkadot network: governance over the network, operation which includes staking and bonding, and providing a fundamental part of the network's consensus mechanism. Stay informed on Polkadot developments and market rates utilizing tools on Bitcompare, with features like price comparisons and email alerts to keep you updated.

How can I buy Polkadot (DOT)?

You can purchase Polkadot (DOT) on various crypto exchanges. To ensure you choose reputable platforms with competitive rates, use Bitcompare's tools for real-time price comparisons and reviews of different exchanges. Checking regularly and bookmarking the page will help you in making well-informed decisions in the dynamic crypto market.

Is Polkadot a good investment?

Evaluating Polkadot's potential as a personal investment requires thorough research into its technology, use cases, and market dynamics. Bitcompare's tools provide users with price comparisons, news updates, and market sentiment analysis to help stay informed, although it does not offer financial advice or investment recommendations. Regularly check updates to stay informed.

Where can I find the latest Polkadot news?

For the latest news on Polkadot, regularly check Bitcompare for updated news events related to Polkadot, offering real-time insights that help you stay ahead in the cryptocurrency market. Using Bitcompare's comprehensive suite of tools—such as sentiment analysis and email alerts—keeps you informed, helping with your decision-making process.

Frequently Asked Questions About Polkadot (DOT)