Buy Polkadot in Australia

Polkadot

DOT
Currency=DOT.svg
$0.000AUD
DOT price calculator
AUD
DOT
Buy DOT

Overview

#12Popularity
UtilityAsset type
2020Active since
Official site

What is Polkadot?

Polkadot is the leading layer-0 network – that is, a blockchain whose primary purpose is to facilitate transactions between different blockchains.

Polkadot does this by allowing the creation of secure “parachains” that allow you to conduct transactions between blockchains (i.e. Ethereum and Solana). Users use DOT, the native token of Polkadot, to reserve private space on these parachains. When the transactions are completed, the parachain automatically finalises them on their native blockchains.

DOT is also used as a governance token, giving users the ability to vote on changes to the protocol and is distributed to those who stake their tokens to secure the network.

logo_payment-method_payid.svg
logo_payment-method_osko.svg
logo_payment-method_mastercard.svg
Faster_Payments_logo.svg
logo_payment-method_blueshyft.svg
logo_payment-method_apple-pay.svg
logo_payment-method_google-pay.svg

Cash, credit or crypto?

Buy Polkadot instantly using Visa or Mastercard. Get cash in your account fast with bank transfer, PayID or Osko. Convert crypto-to-crypto with a single click.

How to buy Polkadot with CoinJar

Start your portfolio with Australia's longest running crypto exchange with these simple steps.
Step oneDownload the appGet the CoinJar app on iOS or Android.
Step twoCreate an accountSign up and verify your ID – it only takes a couple of minutes.
Step threeMake a purchaseBuy Bitcoin and almost 50 other cryptos using cash or credit card.
Get the CoinJar app
App store
App Store Rating - Apple
App store
App Store Rating - Google (UPDATED).svg
AppReviews logo
Great
Trustpilot ratings 4 star
TrustScore 4.2 |Trustpilot

Featured In

featured-in_compilation_desktop_au@1920w.png

BFC_Crest_RGB_2_1_0e4b06d9df.png
footer_logo_1_6a238f8aff.png
mastercard_pay_mark_0350ee9c9b.svg
apple_pay_mark_7d779715ad.svg
google_pay_mark_800_1_d4e5c13bff.svg

CoinJar App

All-in-one crypto wallet
Buy, sell, send and even spend your crypto with Australia’s favourite cryptocurrency app.Get the CoinJar app
promo_coinjar-app_AU@1920w.png
promo_coinjar-exchange_AU@1920w.png

CoinJar Exchange

TRADE FOR AS LOW AS 0%
With one of the fastest matching engines in the world, CoinJar Exchange is purpose-built for institutions, market makers and professional traders. Features global liquidity, ultra-thin spreads and some of Australia’s most competitive fees.Explore CoinJar Exchange

Check out these other popular cryptos

Open your CoinJar

Frequently asked questions

Why buy Polkadot with CoinJar?

CoinJar is the longest-running crypto exchange in Australia and has been designed from the ground up with security and ease-of-use in mind. From the quick and intuitive sign-up process, to our lightning fast bank deposits and withdrawals, low fees starting at 0% (on CoinJar Exchange),and user-friendly iOS and Android app, CoinJar is the ideal crypto exchange whether you’re buying DOT for the first time or an experienced investor.

Where can I store my Polkadot?

You can store your Polkadot in a hardware wallet or on a trusted exchange. Hardware wallets (such as the Ledger) offer high level security, allowing you to store your crypto offline in a unit that only you have the password for. However, exchanges such as CoinJar also provide excellent security, keeping more than 90% of our crypto in cold storage or private, multi-sig wallets and offering our users next-gen 2FA account protection as default.

Who created DOT?

Polkadot was created by Gavin Wood (a co-founder of Ethereum), Robert Habermeier and Peter Czaban.

How to buy Polkadot in Australia?

The best way to buy Polkadot in Australia is through a trusted exchange like CoinJar. We offer accurate prices, low fees and an easy-to-use, ultra-secure app.

What is the safest way to buy DOT?

The safest way to Buy Polkadot is through a trusted exchange with a proven track record. CoinJar is Australia’s longest-running crypto exchange and has been operating since 2013 with no unplanned downtime, security breaches or loss of customer funds. We are registered with AUSTRAC and the FCA UK (for AML purposes) and work with some of the world’s largest payment providers, including Mastercard, Visa, Apple Pay and Google Pay.

Can I buy Polkadot with a Credit Card or Debit Card?

Yes – with CoinJar Instant Buy you can buy Polkadot with any AU-issued Visa or Mastercard. We also offer support for Apple Pay and Google Pay.

How is the price of Polkadot determined?

The price of DOT in AUD is determined by the international Polkadot market – basically, the price to be found on cryptocurrency exchanges in Australia and all around the world. These prices tend to be the same (or very close) because any differences are smoothed out by arbitrage traders that buy at one exchange and sell at another.

Does Polkadot have a maximum supply?

Unlike Bitcoin, Polkadot does not have a maximum supply. New DOT tokens are issued to people who stake their DOT to help secure the network at a rate of 10% per year. This means Polkadot is an inflationary currency. There are currently around 1.2 billion DOT tokens in existence.

App storeApp store

Your information is handled in accordance with CoinJar’s Collection Statement.

CoinJar’s digital currency exchange services are operated by CoinJar Australia Pty Ltd ACN 648 570 807, a registered digital currency exchange provider with AUSTRAC.

CoinJar Card is a prepaid Mastercard® issued by EML Payment Solutions Limited ABN 30 131 436 532 AFSL 404131 pursuant to license by Mastercard. CoinJar Australia Pty Ltd is an authorised representative of EML Payment Solutions Limited (AR No 1290193). We recommend you consider the Product Disclosure Statement and Target Market Determination before making any decision to acquire the product. Mastercard and the circles design are registered trademarks of Mastercard International Incorporated.

Google Pay is a trademark of Google LLC. Apple Pay and Apple Watch are trademarks of Apple Inc.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

CoinJar logo
CoinJarGet the app.