Don’t invest unless you’re prepared to lose all the money you invest. This is a high‑risk investment and you should not expect to be protected if something goes wrong.

Buy Polkadot (DOT) in UK With GBP | CoinJar

Polkadot

DOT

£0.000GBP

Figures shown refer to the past. Past performance is not a reliable indicator of future results. Pricing data is provided by CoinJar.

DOT price calculator

GBP

DOT

Overview

#20Popularity

UtilityAsset type

2020Active since

Official site

What is Polkadot?

Why investors buy Polkadot: Polkadot’s primary mission is to help multiple separate seemingly incompatible all work together like they are compatible, as per Polkadot's .

Traditional blockchains operate pretty much all alone, limiting their ability to communicate and share data.

changes the game by connecting these blockchains — like a digital highway where information flows freely between different projects.

The DOT token or is used in the Polkadot ecosystem.

DOT Token

Polkadot (DOT) was launched through its in October 2017.

During the ICO, the initial price of was US$0.29, and a total of 2.24 million tokens were offered.

Since then, Polkadot has evolved significantly, and its price has experienced fluctuations. At its all-time high price, it was trading at US$55, in October of 2021, however at the time of writing, 28 March 2024, the price of DOT was US$9.40.

The native DOT token serves several purposes. It can just be a speculative investment. People buy the token at what they think is a competitive price, and sell when they think it won’t go much higher. (Or they buy it at the top of the market and end up having to sell after the price drops!)

Other uses of DOT

Governance: DOT holders participate in decision-making, shaping Polkadot’s future.

Staking: Lock up DOT to secure the network and earn rewards.

Bonding: Parachains use DOT as collateral to secure a slot on the Relay Chain.

Owning DOT means being an active participant in the Polkadot ecosystem.

Energy efficiency

Polkadot’s proof-of-stake (NPoS) model consumes significantly than traditional blockchains. It’s reported to be environmentally friendly and sustainable.

Polkadot: In Summary

Polkadot (DOT) isn’t just another cryptocurrency. It’s a multichain network designed to address scalability and interoperability issues faced by traditional blockchains.

Polkadot was founded by the .

This open-source project brought together some of the brightest minds in the blockchain industry. Their goal? To create a platform that enables seamless interaction between different blockchains.

Cash, credit or crypto?

Buy Polkadot using Visa or Mastercard. Get cash in your account with Faster Payments Service (FPS). Convert crypto-to-crypto with a single click.

How to buy Polkadot with CoinJar

Start your cryptocurrency portfolio with CoinJar by following these steps.

Step oneDownload the appGet the CoinJar app on iOS or Android.

Step twoCreate an accountCreate an account with CoinJar and verify your ID.

Step threeMake a purchaseBuy more than 60 cryptos using Faster Payments, SEPA, bank transfer, or a debit card.

Get the CoinJar app

Great

TrustScore 4.2 |Trustpilot

Finder Awards Winner 2023

CRYPTO TRADING - VALUE

CoinJar was named the Best Exchange for Value in the UK as part of Finder's Crypto Trading Platform Awards - second year running! Check out our blog to see why Finder chose us over the competition.

best crypto exchange, buy bitcoin, buy tether, buy xrp

Featured In

CoinJar App

All-in-one crypto wallet

Buy, sell and send your crypto with our cryptocurrency app.

Past performance is not a reliable indicator of future results. Figures shown are for illustrative purposes only and are not actual market data.

CoinJar Exchange

FOR PROFESSIONAL CRYPTO TRADERS

Purpose-built for institutions, market makers and professional traders, CoinJar Exchange offers 0%-0.1% fees, personalised trading layouts and ability to trade crypto with GBP, EUR, USD and AUD.

CoinJar DCA & Bundles

AUTOMATE & DIVERSIFY YOUR PORTFOLIO

Dollar Cost Average (DCA) into individual cryptocurrencies or CoinJar Bundles. Choose your assets or Bundles with themed baskets of crypto in the CoinJar app. Use Recurring Buy to set up automated weekly, fortnightly, or monthly purchases at your chosen rate.

Frequently asked questions

What is Polkadot?

Polkadot is a blockchain platform that enables different blockchains to connect and interoperate with each other. To buy Polkadot (DOT), you'll need to find a reputable cryptocurrency exchange like CoinJar.

You won't need a specific Polkadot wallet on CoinJar. Next, select your preferred payment method to purchase Polkadot. You can buy crypto using a credit card, bank transfer, or other coins to buy DOT.

When you're ready to buy Polkadot, simply select DOT, enter the amount you want to purchase, and confirm your transaction. Remember to consider factors like fees and trading volume before making your purchase.

Standard Risk Warning The above article is not to be read as investment, legal or tax advice and it takes no account of particular personal or market circumstances;

Important Note for UK Residents: If you come across this article, remember that cryptocurrency investment is high-risk. Be prepared to lose your entire investment. No protection is guaranteed if things go wrong. Remember, this article does not constitute

There is a risk that any particular stablecoin may not hold their value as against any fiat currency; or may not hold their value as against any other asset. Stablecoins carry the following risks: Depegging events: Depegging events may occur with stableco

‘Meme coins’ (e.g. DOGE, SHIB, PEPE) are crypto-assets whose value is driven primarily by community interest and online trends. Meme coins carry the following risks: Volatility risk: Meme coins can have extreme price volatility, often experiencing rapid a

Specific risks associated with wrapped tokens CoinJar offers certain Wrapped Tokens such as Wrapped BTC (WBTC) which stems from DeFi. Pegged to the same value as Bitcoin itself, WBTC is a way of representing Bitcoin ownership on the Ethereum network (i.e

Specific risks associated with DeFi tokens Decentralised Finance (or ‘DeFi’) tokens (e.g. UNI, AAVE) are crypto-assets linked to financial applications and protocols built on decentralised blockchain technology. DeFi tokens carry the following risks:

CoinJar

Company

Support

Legal

Crypto on CoinJar

Your information is handled in accordance with CoinJar’s .

Cryptoassets traded on CoinJar UK Limited are largely unregulated in the UK, and you are unable to access the Financial Service Compensation Scheme or the Financial Ombudsman Service.

We use third party banking, safekeeping and payment providers, and the failure of any of these providers could also lead to a loss of your assets. We recommend you obtain financial advice before making a decision to use your credit card to purchase cryptoassets or to invest in cryptoassets. Capital Gains Tax may be payable on profits.

CoinJar’s digital currency exchange services are operated in the UK by CoinJar UK Limited (company number 8905988), registered by the Financial Conduct Authority as a Cryptoasset Exchange Provider and Custodian Wallet Provider in the United Kingdom under the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017, as amended (Firm Reference No. 928767).

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

This site is protected by reCAPTCHA and the and apply.

CoinJarGet the app.