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More Information

aed
25.10

 AED 3.68

(12.79%)

Polkadot

Polkadot

dot

1d

1w

1m

1y

28.7816:0021:0002:0007:00

Market Stats

Market cap
aed
38.56B
Volume (24h)
aed
2.204B

 70.36%

Circulating Supply
dot
1.536B

 ∞

Fully diluted market cap
aed
38.56B
All time high
aed
202.04
Popularity
#21
Price Change (1h)

 

-0.41%

Price Change (24h)

 

-11.93%

Price Change (7d)

 

+2.48%

About Polkadot

Polkadot is a multi-chain protocol that facilitates the cross-chain transfer of any type of data or asset. Not just a blockchain, Polkadot is a network that connects multiple blockchains. The protocol was designed to support a decentralized web, or Web3, controlled by its users and facilitate the creation of new applications, institutes, and services.

What is Polkadot's unique selling point?

Polkadot's unique selling point lies in its ability to enable different blockchains to transfer messages and value to one another in a trust-free fashion. This interoperability sets Polkadot apart from other projects, making it a sought-after blockchain network for developers and projects looking to connect and collaborate.

How does Polkadot ensure security in its network?

Polkadot ensures security through its unique shared security model where all parachains benefit from the security of the overall network. This shared security approach provides a high level of protection against attacks and vulnerabilities, making Polkadot a robust and secure platform for building decentralized applications.

What are the benefits of staking DOT tokens?

Staking DOT tokens on the Polkadot network allows users to participate in the network's governance and secure the network by validating transactions. In return, stakers earn rewards in the form of additional DOT tokens, incentivizing active participation in the network and contributing to its overall security and functionality.

How does Polkadot address scalability issues?

Polkadot addresses scalability issues through its sharding technology, which allows the network to process multiple transactions in parallel across multiple parachains. By dividing the workload among different shards, Polkadot can achieve high throughput while maintaining a high level of security and interoperability between different blockchains.

How to invest in Polkadot?

Rain offers you a number of ways to start investing in Polkadot, including buying Polkadot through bank transfers or by using your bank card. To purchase Polkadot on Rain, you can select Polkadot in your Rain account, then click Trade and select Buy. Enter the amount you wish to buy and click Next to review and confirm your purchase.

How to buy Polkadot with card?

Once you add your bank card to your Rain account, you can use it to buy Polkadot directly. You can start by adding your card to your payment options on your Rain account. To purchase Polkadot using your bank card, you can select Polkadot, click Trade then select Buy. Enter the amount you wish to buy and choose your card from the payment options. Click Next to review and complete your purchase by following the instructions on the screen.

note: The purchase option with debit or credit card is not available for our users in Turkey

How to buy Polkadot through bank deposit?

Rain enables you to buy Polkadot using your local currency. You can deposit funds through bank transfer, a process which takes 1-4 business days depending on your location. You can start by depositing funds to your Rain account from your bank account. Simply click on Deposit and enter the amount you would like to transfer. Click next and copy the instructions that will appear on your screen to complete the transfer from your bank account. Note that Rain does not automatically pull funds from your bank account and you will need to manually transfer the funds from your bank account to Rain's banking information.

Within 1-4 business days, the funds will be available in your Rain account and you will be able to use them to complete purchasing Polkadot. To do that, you can select Polkadot in your Rain account, click Trade and select Buy. Enter the amount you wish to buy with and click Next to review and confirm your purchase.

How to sell Polkadot?

This is an easy process that requires only a few clicks. Here are the steps needed to sell Polkadot successfully:

On your Rain account, select Polkadot then click Trade and select Sell. Enter the amount you wish to sell and click Next to review and confirm your sell transaction by entering an OTP. You will receive a confirmation email once the transaction is done with the details.

How to convert Polkadot into cash?

Rain gives you the opportunity to sell Polkadot and withdraw your funds from your Rain account to your local bank account. First, you need to add your personal bank account to your Payment Methods option on your Profile.

Once your bank account is added, you can sell Polkadot and withdraw the funds to your bank account by clicking on Withdraw and entering the amount you wish to withdraw. Click Next to review and confirm your withdrawal information by entering an OTP.

Once the withdrawal request is submitted, you will receive a confirmation email that the withdrawal is being processed. Processing your withdrawal request can take between 1-4 business days.

How to receive Polkadot?

If you would like to receive Polkadot in your Rain account, simply click on Receive and select Polkadot from the list at the top of the page. You can then either copy the address visible at the botom of the screen or share the QR code to to complete your receive transaction.

Make sure that you are using the correct network when receiving Polkadot to avoid possible loss of funds.

How to send Polkadot?

You can easily send your Polkadot from your Rain account to any external wallet by clicking on Send and selecting Polkadot from the list at the top of the page. Enter the amount you wish to send and add the external wallet address you are sending to. Click Next to review and confirm your send transaction by entering an OTP.

Why buy Polkadot with Rain?

When you buy Polkadot with Rain, you ensure that your assets are going to be safely stored on a regulated platform that follows strict compliance standards and is subject to periodic audits. Rain also uses bank-grade security measures like Cold Storage systems. Trading and storing Polkadot on Rain also means that your asset is going to be stored on 1:1 basis, which means your assets will always be available to you.

What is a Polkadot wallet?

A Polkadot wallet is where you can securely store Polkadot. A wallet helps you maintain ownership of your asset as well as enable you to trade, send or receive crypto-assets.

What is a Polkadot address?

A Polkadot address is a string of unique characters that is tied to your Polkadot wallet. The address functions just like a bank account number and it is what you use in order to send Polkadot from your wallet, or to receive Polkadot to your wallet.

What trading pairs available for Polkadot?

There are over 200 currency pairs available on Rain for you to trade with. You can trade Polkadot with Bahraini dinar, Kuwaiti dinar, Emirati dirham, Omani rial or US dollar, depending on your location. Additionally, you can swap Polkadot with 40 other assets like BTC, LTC, XRP, ETH. You can explore your options by visiting the market page on your Rain account: https://www.rain.com/market

What is the minimum order size to buy Polkadot?

You can trade Polkadot with any amount above $30 or equivalent in your account's currency. You can start trading Polkadot now by clicking the Trade button on your Rain account.

What are the most popular cryptocurrencies besides Polkadot?

Besides Polkadot, you can find over 40 assets available on Rain for you to start trading such as BTC, ETH,, SOL, USDC, XRP, DOGE, LINK, BCH or MATIC. You can explore these options by going to the homepage of your account and scrolling through the available assets. When you are ready to start trading, simply click on the asset of your choice and click Trade.
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FAQ

What is the market cap of Polkadot?

With a market capitalization of 38.56B, Polkadot is ranked 21 among other crypto assets.

What is the all-time high of Polkadot?

The highest valuation of Polkadot since its launch was at AED 202.04, marking its all-time high.

What is the 24-hour trading volume of Polkadot?

The trading activity of Polkadot over the last 24 hours was at 2.204B, highlighting its liquidity in the market.

How many Polkadot are there in circulation?

There are approximately 1.536B units of Polkadot currently in circulation, affecting its market dynamics.

What is the relative popularity of Polkadot?

Polkadot market cap is around 38.56B.

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aed
≈ DOT 0
Polkadot

Weekly Trend

In the last hour, Polkadot's price has seen a change of -0.41%, and over the past 24 hours, its price has moved by -11.93%. Over the previous week, Polkadot's price has moved by +2.48%. The current price of Polkadot is AED 25.10, accompanied by a trading volume of 2.204B in the last day. Polkadot's price is currently 87.58% below its all-time high of AED 202.04, which remains the highest price Polkadot has achieved since its launch. The circulating supply of Polkadot stands at 1.536B, translating to a total market capitalization of 38.56B.