Polkadot (DOT) exchanges in Australia: buy, sell & swap
Polkadot (DOT) key market data:
- type: Cryptocurrency
- consensus: NPoS "GRANDPA/BABE"
- Smart Contracts, Masternodes
- market cap: $10,087,773,810
- market rank: #15
- supply total: 1,436,566,157
- supply available: 1,355,630,515
- not mineable
- DOT/USD: $7.42 | DOT/AUD: 11.71
Polkadot is a Cryptocurrency, the network powered by NPoS (consensus mechanism based on original technology) algorithm. The original software was developed by Gavin Wood from GB and first released May 20th, 2020. Nowadays the cryptocurrency is managed by the Web3 Foundation, an organization based in the CH. Masternodes are used to empower the network. Smart Contracts are supported by the Polkadot blockchain. Polkadot is aiming to serve the IoT industry, among the other use cases. The official Polkadot website is https://polkadot.network.
As of today, April 23rd, 2024, out of totally available 1,436,566,157 DOT, 1,355,630,515 are in circulation. It's not possible to mine polkadots. The total market capitalization of polkadot is $10,087,773,810, the rank among other cryptocurrencies (based on the capitalization) is #15. The current rate of 1 DOT is $7.42 USD; converting to the national currency of Australia, the rate is 11.71 AUD for 1 DOT.
Polkadot is a cross-blockchain platform based on a scalable and heterogeneous technology. The platform allows different blockchains to exchange information; to transfer messages (and/or value) between those in a secure, trust-free way. It permits diverse cryptocurrencies to share unique features and security. Other important features are interoperability, on-chain governance, forkless upgrades, extra-key security via multi-signature accounts. Last but not least, novel economics and game theory.
Polkadot creator, Gavid Wood, is a British computer scientist. Gavin has a very impressive carrier. Besides everything else, he co-founded Ethereum with Vitalik Buterin in 2013 and was the CTO of the Ethereum Foundation. The initial project funding was realized by the means of ICO in 2017, 5.5 million tokens were sold for $0.29 each. ROI was very impressive, to say the least!
- Project founder, Gavin Wood (ETH co-founder) left Ethereum in 2016 to "explore various avenues of technology other than the cpp-ethereum core". Besides Polka, he founded Kusama, an early stage experimental development environment for DOT.
- The price of the platform's native token, DOT, had risen virtually out of nowhere (far below top 100) to the top in a matter of days. September 2020 DOT made it a #7 cryptocurrency by market capitalization!
Top Polkadot exchanges
Polkadot is currently supported by 70% of exchanges (7 of 10) currently having active orders at ExchangeRates.Pro: 3 Exchange Brokers, 4 Trading Platforms have offers, allowing you to buy and sell DOT. Let's check and compare which of these exchanges will suit you the best, dear visitor!
Our choice: the best exchange for Polkadot in Australia
There are some worthy and undoubtedly good, trusted exchanges among the ones with DOT support. One of them, Kraken trading platform, is really special! Our visitors and the ranking algorithms came to this conclusion while comparing and reviewing the websites and apps exchanging Polkadot. The service is extraordinarily fine, very few of the rest 332 exchanges and 15 trading platform sites we compare could receive such kind words in the testimonials and so impressive numbers in the results. It's so good that we feel obliged to share our experience with you, dear guest! Let's mention the key fact and describe the most important features making Kraken an ideal trading platform for buying, selling and exchanging DOT in Australia:
KRAKEN is a Trading Platform; Payward, Inc. (dba Kraken) had started the project back in July 2011. The company is incorporated in the United States and headquartered in San Francisco. The official street address of Kraken is 237 Kearny Street Suite 102 San Francisco, CA 94108. The operational entity is a registered, regulated and licensed financial company. License granted by the FinCEN, the Firm is holding the Money Transmission license. FINCEN registration number 31000176593851. This is a highly trusted, undoubtedly a reputable, a long-standing, settled service. Trading Platform works with 35 cryptocurrencies and tokens: AAVE, ADA, BCHABC, BTC, BTT, DAI, DASH, DOT, EOS, ETC, ETH, FIL, ICP, ICX, KSM, LINK, LSK, LTC, MATIC, OMG, REP, SOL, SUSHI, TRX, TUSD, UNI, USDC, USDT, WAVES, WBTC, XLM, XMR, XRP, ZEC, ZRX.
The customers are welcome to buy and sell coins and tokens with 7 national aka fiat currencies: AUD, CAD, CHF, EUR, GBP, JPY, USD. Totally 10 payment systems and banks are at your's disposal. Besides, we can swap the cryptos and tokens, converting one into another. Apart from the currencies conversion operations, kraken.com is offering some other services, that could be interesting for crypto-users, like Mobile wallet, OTC trading, Margin Trading, Futures Trading, Staking, MasterNodes, etc. (passive income opportunity). Impressive, right? The features that our users enjoy the most out of this wonderful platform:
- It is an officially registered Money Service Business. The firm applied for and received all the required licenses, it's watched over by the regulators and is fully compliant with the laws
- The website has being online and operational for years; it started up 12 years and 8 months ago
- The platform allows deposits/withdrawals in 35 cryptocurrencies and 7 national ones. In total, you may choose from 10 online banks and payment systems. Crypto- and tokens- exchanging aside, some other services are rendered: Mobile wallet, OTC trading, Margin Trading, Futures Trading and Staking, MasterNodes, etc. (passive income opportunity)
- The commissions are very competitive: 0.25% — 3.75% determined by the method of sending/receiving the funds; and you won't break the bank, converting either lump sums or insignificant amounts
- The reviews from the users are very, very favorable and full of love, 100%, 3 out of 3 are very happy and pleased with their experience at Kraken. As per the details we got from the real clients:
- Customer care is exemplary, the best
- The speed of the payments processing is lightning fast, instant
- The KYC process is always super-fast
Kraken currently provides 4 ways of purchase and sale Polkadots in Australia with the national currencies and the most exciting news are that the payments in Australian Dollars are possible:
- Any Local Bank, the local bank in AU. Will work absolutely for any domestic bank of Australia!
- PayID, the local bank in AU. This time, only for purchasing.
- Etana, a way to pay locally or internationally.
- SWIFT Transfer, a payment system of international bank transfers type.
Sweet! Buying and selling with fiat aside, there are 29 cryptocoins and tokens exchangeable with DOT: AAVE, ADA, BCHABC, DAI, DASH, DOT, EOS, ETC, ETH, FIL, ICX, KSM, LINK, LSK, LTC, MATIC, OMG, SOL, TRX, UNI, USDC, USDT, WAVES, WBTC, XLM, XMR, XRP, ZEC, ZRX can be converted to Polkadot and vice versa any time you please.
Our own examination and the analysis of a community vote concludes this trading platform stands out from the competition. Hence we award Kraken with a special status: the best Trading Platform in Oceania! A magnificent outcome and it's fairly earned; it says a lot bearing in mind that we rate and compare 333 exchange websites and apps! Summing up, both together our algorithms and the actual users choosing Kraken as one of the most trusted, convenient and credible services operating in Oceania. It surely deserves a try!
Time to make a conclusion. Our platform of choice to exchange Polkadot is
Kraken, an absolutely secure, highly trusted trading platform, rated 100/100. Such scoring result is a great achievement indeed, only a few competing websites could get such a big rating! Let's break down why the kraken.com exchange managed to get such rating and what does this mean:Top two DOT exchanges to buy/sell in Australia
Although all the exchanges supported by ExchangeRates.Pro are well-known, reliable, and trustworthy (all were thoroughly checked by our staff before listing), we've selected the best of the best for you. Exchanges that were top-rated by various sources, some are providing really outstanding service you'd love and remember. We (staff and the software) selected some of the most trusted platforms for our comparison and this top list, based on customers' feedback, time in the business, reputation, our own and independent reviews and other factors. Please note that we include only the "buy and sell" exchanges here, where you can swap dot with fiat (national) currencies. Here are the top two exchanges to buy and sell polkadots in Australia:
-
Kraken
a
Trading Platform
established July, 2011.
Transparent and legally compliant business with all the required business licenses and permissions.
Clients are required to pass through the verification process to use the service.
Great news! Kraken supports your local currency
Australian Dollar;
feel free to use any of these 4 banks and payment systems to
buy and sell Polkadot domestically:
- Any Local Bank (local banks). Can use for the purchasing and withdrawals likewise. The method of payment works for absolutely any domestic bank in Australia!
- PayID (local banks). Only for coin purchases.
- Etana. Can use for the purchasing and withdrawals likewise.
- SWIFT Transfer (international bank transfers). Can use for the purchasing and withdrawals likewise.
-
Changelly
a
Broker
established December, 2013.
Great news! Changelly supports your local currency
Australian Dollar;
feel free to use any of these 1 banks and payment systems to
buy and sell Polkadot domestically:
- Visa & Mastercard (credit/debit cards). Only for coin purchases.
The rest of safe, fast, easy to use DOT exchanges worldwide
Besides the abovelisted great exchanges, serving Australia and allowing domestic payments in Australian Dollar among other countries and currencies, there are also very good international ones among the websites exchanging polkadots. Hence if you need AUD|DOT exchange, please use the top list above. In case you are looking for other ways to purchase or cash-out Polkadot using USD, etc. or swap it with various coins and tokens, feel free to check this selection of top five highest-ranked DOT exchanges from all around the world:
-
CEX
a
Trading Platform
started business July, 2014.
A reputable company holding all the government permissions for doing business; is licensed, etc.
There are 5 payment systems to
buy and sell Polkadot with
USD.
Apart from that,
feel free to swap DOT to/from
7+ coins and tokens.
KYC (identification process) is necessary to become a client of this service provider.
|
27 testimonials,
100% gave maximal rank
-
Binance
a
Trading Platform
started business April, 2017.
A reputable company holding all the government permissions for doing business; is licensed, etc.
|
18 testimonials,
94% gave maximal rank
-
EXMO
a
Trading Platform
started business May, 2013.
A reputable company holding all the government permissions for doing business; is licensed, etc.
There are 4 payment systems to
buy and sell Polkadot with
USD.
Apart from that,
feel free to swap DOT to/from
21+ coins and tokens.
|
20 testimonials,
95% gave maximal rank
-
AlfaCashier
a
Broker
started business May, 2012.
Unfortunately no fiat payments for your currencies this time, but
feel free to swap DOT to/from
15+ coins and tokens.
|
2 testimonials,
100% gave maximal rank
-
changeNOW
a
Broker
started business September, 2017.
Unfortunately no fiat payments for your currencies this time, but
feel free to swap DOT to/from
41+ coins and tokens.
By the way, exchanges that accept AU, but don't allow fiat payments there are also in this list. So, if you want to pay using a payment method from abroad (say, you are originally from another country and want to buy or sell polkadot using the bank account or local payment system from there) or if you are looking for an exchange for someone else, this list will work great for you! Of course, we can't know what is that country you are looking for, but we have two options for you, both good. You are welcome to either
- find the best ones yourself from all offers available at our comparison @ ExchangeRates.Pro.
- ...or just explore the great websites listed above to find out which one you prefer!
Where to buy DOT
Are you looking for the best place to buy polkadots? Of course, you are! Our price comparison of exchanges is here to help, although the easiest way is to check the best offers right away @ ExchangeRates.Pro, feel free to compare yourself. Let us show you what banks and payment systems you can use to buy and sell DOT, based on your location and preferences.
Where can you buy DOT in Australia
At this moment, there are 1 offers to buy Polkadot in Australia. Our software is collecting the statistics about the popularity of specific local banks and payment systems. Usually, the top ones that are the most popular are also very convenient. Otherwise, why would these become so popular? You can choose any of these right away, please be our guest:
- Visa & Mastercard in AUD, although can be used in any currency: payments by Credit/Debit Cards. A global payment system, available worldwide. Offered 1 times
Easiest, safest, fastest ways to buy dot worldwide
We've compared a lot of offers to find the top ones; right now we have 13 ways for you to purchase polkadot available worldwide. Enough to choose from, right? Please keep in mind that not all of these may be possible to pay with Australian Dollar, the ones that will surely be good for the domestic currency are a little bit above. The top popular ways to purchase DOT crypto:
- Visa & Mastercard in USD Actually it's a multi-currency option, you are supposed to pay by the Credit/Debit Cards. This way to send fiat money will work worldwide. Australia, etc. are covered. Suggested in 4 offers
- Skrill in USD you are supposed to pay by the e-wallet. This way to send fiat money will work worldwide. Australia, etc. are covered. Suggested in 1 offers
- SWIFT Transfer in USD Actually it's a multi-currency option, you are supposed to pay by the International Bank Transfers. This way to send fiat money will work worldwide. Australia, etc. are covered. Suggested in 3 offers
- Advanced Cash in USD an international payment system. This way to send fiat money will work worldwide. Australia, etc. are covered. Suggested in 2 offers
- Payeer in USD an international payment system. This way to send fiat money will work worldwide. Australia, etc. are covered. Suggested in 1 offers
- Epay in USD an international payment system. This way to send fiat money will work worldwide. Australia, etc. are covered. Suggested in 1 offers
- Etana in USD from 217 countries: an international payment system. A multi-country payment system. Suggested in 1 offers
Where to sell DOT
Even the greatest DOT HODL GANG members sometimes have to sell some of their precious coins. It's alright, everyone does it sometimes and we are here to help! We know you want to find the buyer which will give you the highest price, there are such ones at our platform — check ExchangeRates.Pro now to find the highest rate to sell polkadots to Australian Dollar and 152 more local currencies! There are various opportunities to swap your coins to hard cash, we list the most requested ones below.
Easiest, safest, fastest ways to sell DOT worldwide
Sometimes you may need to transfer the money to another country. If you are holding DOT, it makes sense to exchange some of these coins to the currency of that country. We can't know where exactly you would like to send the funds, so we will show you the most requested banks and payment systems worldwide you can send the transfer to. There are totally 9 options to out-exchange the dot to fiat; the most frequently used banks, money transfer operators and global payment systems are:
- Visa & Mastercard in USD, can be also used with any of other currencies; to any country in the world including Australia, etc: the funds will be sent by the Credit/Debit Cards. You can transfer money wherever you need! Caution: there are higher risks related to accepting such payments at P2P marketplaces! Buyer may be able to reverse the payment after you send DOT! Suggested in 1 deals
- Skrill in USD to any country in the world including Australia, etc: the funds will be sent by the e-wallet. You can transfer money wherever you need! Suggested in 1 deals
- SWIFT Transfer in USD, can be also used with any of other currencies; to any country in the world including Australia, etc: the funds will be sent by the International Bank Transfers. You can transfer money wherever you need! Suggested in 3 deals
- Advanced Cash in USD to any country in the world including Australia, etc: a global payment method. You can transfer money wherever you need! Suggested in 2 deals
- Epay in USD to any country in the world including Australia, etc: a global payment method. You can transfer money wherever you need! Suggested in 1 deals
- Etana in USD to 217 countries: a global payment method. Suggested in 1 deals
Where to swap DOT
Did you know that it's possible to exchange DOT to 48 other cryptocurrencies? It's possible to convert Polkadot to/from 96% of crypto coins supported @ ExchangeRates.Pro. Some of these are really great ones (we don't list useless coins and tokens at our website), that's why we've prepared a list of exchange opportunities available. There are totally 208 swap possibilities with DOT and other coins and tokens. Coin to coin exchanges are safe, easy and beneficial when you are using our service, don't worry! Feel free to get all the best rates to swap DOT with other cryptos @ ExchangeRates.Pro right away or refer to the list of most highly demanded exchange directions first:
- Bitcoin (BTC): that's a popular Cryptocurrency. There are 10 proposals (5 allow to convert from BTC to DOT and 5 that are converting in opposite direction.
- Ether (ETH): that's a popular Cryptocurrency. There are 10 proposals (5 allow to convert from DOT to ETH and 5 that are converting in opposite direction.
- Tether (USDT): that's a popular Stablecoin. There are 10 proposals (5 allow to convert from DOT to USDT and 5 that are converting in opposite direction.
- USD Coin (USDC): that's a popular Stablecoin. There are 8 proposals (4 allow to convert from DOT to USDC and 4 that are converting in opposite direction.
- Chainlink (LINK): that's a popular Token. There are 6 proposals (3 allow to convert from DOT to LINK and 3 that are converting in opposite direction.
- Wrapped Bitcoin (WBTC): that's a popular Token. There are 6 proposals (3 allow to convert from DOT to WBTC and 3 that are converting in opposite direction.
- Litecoin (LTC): that's a popular Cryptocurrency. There are 6 proposals (3 allow to convert from DOT to LTC and 3 that are converting in opposite direction.
- Dash (DASH): that's a popular Cryptocurrency. There are 6 proposals (3 allow to convert from DASH to DOT and 3 that are converting in opposite direction.
- Dogecoin (DOGE): that's a popular Cryptocurrency. There are 6 proposals (3 allow to convert from DOGE to DOT and 3 that are converting in opposite direction.
- Monero (XMR): that's a popular Cryptocurrency. There are 6 proposals (3 allow to convert from DOT to XMR and 3 that are converting in opposite direction.
