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Polkadot (DOT) exchanges comparison: buy, sell, swap

Polkadot (DOT) key market data:

  • type: Cryptocurrency
  • consensus: NPoS "GRANDPA/BABE"
  • Smart Contracts, Masternodes
  • market cap: $33,921,897,339
  • market rank: #8
  • supply total: 1,111,585,004
  • supply available: 1,030,636,961
  • not mineable
  • multi-Chain
  • DOT/USD: $32.94

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, September 17th, 2021, out of totally available 1,111,585,004 DOT, 1,030,636,961 are in circulation. It's not possible to mine polkadots. The total market capitalization of polkadot is $33,921,897,339, the rank among other cryptocurrencies (based on the capitalization) is #8. The current rate of 1 DOT is $32.94 USD.

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 47% of exchanges (9 of 19) currently having active orders at ExchangeRates.Pro: 2 Exchange Brokers, 6 Trading Platforms, and 1 P2P Marketplaces 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 United States

There are some worthy and undoubtedly good, trusted exchanges among the ones with DOT support. One of them, CEX 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 328 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 CEX an ideal trading platform for buying, selling and exchanging DOT in United States:

CEX website: the home page in English

CEX is a Trading Platform; CEX.IO LTD (dba CEX) had started the project back in July 2014. The company is incorporated in the United Kingdom and headquartered in London. The official street address of CEX is 24th Floor One Canada Square, Canary Wharf London E14 5AB. 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 31000176194955. This is a highly trusted, undoubtedly a reputable, a long-standing, settled service. Trading Platform works with 30 cryptocurrencies and tokens: AAVE, ADA, BCHABC, BNB, BTC, BTT, BUSD, DAI, DASH, DOGE, DOT, ETH, ICP, KSM, LINK, LTC, MATIC, NEO, OMG, SOL, SUSHI, TRX, TUSD, UNI, USDC, USDT, WBTC, XLM, XRP, ZRX.

The customers are welcome to buy and sell coins and tokens with 4 national aka fiat currencies: EUR, GBP, RUB, USD. Totally 9 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, cex.io is offering some other services, that could be interesting for crypto-users, like Lending, Margin Trading, Faucets (small amounts of cryptos for free), 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 7 years and 2 months ago
  • The platform allows deposits/withdrawals in 30 cryptocurrencies and 4 national ones. In total, you may choose from 9 online banks and payment systems. Crypto- and tokens- exchanging aside, some other services are rendered: Lending, Margin Trading, Faucets (small amounts of cryptos for free) and Staking, MasterNodes, etc. (passive income opportunity)
  • The service fees are really low: 0% fee applies to all the ways to pay or to be paid! the charges for smaller amount operations are also very reasonable
  • The limitations CEX sets for buy and sell operations are high indeed, one of the highest available on the market: $20.00 up to $10,000 USD. The exact figure is a subject to the payment system choice; how do you like to pay or getting paid
  • The reviews from the users are very, very favorable and full of love, 100%, 27 out of 27 are very happy and pleased with their experience at CEX. As per the details we got from the real clients:
    • The quality of customer support is upstanding
    • The deposits and withdrawal orders are processed fast
    • The KYC process is always super-fast

CEX currently provides 6 ways of purchase and sale Polkadots in United States with the national currencies and the most exciting news are that the payments in US Dollars are possible:

  • Any Local Bank, the local bank in US. Will work absolutely for any domestic bank of United States!
  • Skrill, a payment system of e-wallet type.
  • Visa & Mastercard, a payment system of credit/debit cards type.
  • Advanced Cash, a way to pay locally or internationally.
  • Epay, 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 11 cryptocoins and tokens exchangeable with DOT: BCHABC, BTT, DASH, ETH, LTC, OMG, TRX, USDT, WBTC, XLM, XRP can be converted to Polkadot and vice versa any time you please.

Time to make a conclusion. Our platform of choice to exchange Polkadot is

CEX, 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 cex.io exchange managed to get such rating and what does this mean:
Time in the business: 7 years 2 months
Feedback count: 27
Reviews: 27 positive, 0 negative, 0 neutral
Business model: licensed, fully compliant
Order Speed: fast (less than 5 mins)
Support Quality: great
Verification Speed: medium (up to an hour)
UI Usability: good

Overall CEX score: 100 / 100

Top three DOT exchanges to buy/sell in United States

United States flag

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 three exchanges to buy and sell polkadots in United States:

  1. CEX a Trading Platform established July, 2014. 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! CEX supports your local currency US Dollar; feel free to use any of these 6 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 United States!
    • Skrill (e-wallet). Can use for the purchasing and withdrawals likewise.
    • Visa & Mastercard (credit/debit cards). Can use for the purchasing and withdrawals likewise.
    • Advanced Cash. Can use for the purchasing and withdrawals likewise.
    • Epay. Can use for the purchasing and withdrawals likewise.
    • SWIFT Transfer (international bank transfers). Can use for the purchasing and withdrawals likewise.
    Amazing opportunity! | 27 reviews, 100% positive check out DOT/USD @ CEX!
  2. EXMO a Trading Platform established May, 2013. Transparent and legally compliant business with all the required business licenses and permissions. Great news! EXMO supports your local currency US Dollar; feel free to use any of these 4 banks and payment systems to buy and sell Polkadot domestically:
    • Visa & Mastercard (credit/debit cards). Only for coin purchases.
    • Advanced Cash. Can use for the purchasing and withdrawals likewise.
    • Payeer. Only for coin purchases.
    • SWIFT Transfer (international bank transfers). Can use for the purchasing and withdrawals likewise.
    Amazing opportunity! | 20 reviews, 100% positive check out DOT/USD @ EXMO!
  3. 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 US Dollar; feel free to use any of these 3 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 United States!
    • Etana. Can use for the purchasing and withdrawals likewise.
    • SWIFT Transfer (international bank transfers). Can use for the purchasing and withdrawals likewise.
    Nice! | 3 reviews, 100% positive check out DOT/USD @ Kraken!

The rest of safe, fast, easy to use DOT exchanges worldwide

exchanges worldwide

Besides the abovelisted great exchanges, serving United States and allowing domestic payments in US Dollar among other countries and currencies, there are also very good international ones among the websites exchanging polkadots. Hence if you need USD|DOT exchange, please use the top list above. In case you are looking for other ways to purchase or cash-out Polkadot using other fiat currency, etc. or swap it with various coins and tokens, feel free to check this selection of top one highest-ranked DOT exchanges from all around the world:

  1. LocalBitcoins a P2P Marketplace started business June, 2013. A reputable company holding all the government permissions for doing business; is licensed, etc.

By the way, exchanges that accept US, 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. For example, if you are looking for an exchange for Canada assuming that you have a local bank account there, an address confirmation, etc: compare rates to buy and sell Polkadot in Canada
  • ...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 United States

At this moment, there are 7 offers to buy Polkadot in United States. 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:

  • Any Local Bank in USD: payments by Local Banks. This one is a universal offer, that will work for any bank. Offered 2 times
  • Visa & Mastercard in USD, although can be used in any currency: payments by Credit/Debit Cards. A global payment system, available worldwide. Offered 2 times
  • Skrill in USD: payments by e-wallet. A global payment system, available worldwide. Offered 1 times
  • Walmart MoneyCard in USD: payments by Prepaid Cards. Offered 1 times
  • Cash App (Square) in USD: payments by Mobile Payments. 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 8 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 US 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:

  • 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. United States, Mexico, Cuba, Canada, etc. are covered. Suggested in 3 offers
  • Advanced Cash in USD an international payment system. This way to send fiat money will work worldwide. United States, Canada, Mexico, Cuba, etc. are covered. Suggested in 2 offers
  • Payeer in USD an international payment system. This way to send fiat money will work worldwide. United States, Mexico, Canada, Cuba, etc. are covered. Suggested in 1 offers
  • Epay in USD an international payment system. This way to send fiat money will work worldwide. United States, Cuba, Canada, Mexico, 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 US Dollar and 151 more local currencies! There are various opportunities to swap your coins to hard cash, we list the most requested ones below.

Where can you sell DOT in United States

There are currently 5 opportunities to cash out your polkadot coins in US. You'd likely need to out-exchange the crypto to pay for some local expenses, shopping, etc. It's reasonable to choose the safest and most comfortable option — a local bank you are using, your preferred payment system or cash in your city. Here is our top list of the ways other people in United States prefer to exchange polkadot to fiat:

  • Any Local Bank in USD: you will receive money using the Local Banks. Please be aware that this will work for any local bank account! Proposed by 2 buyers
  • Visa & Mastercard in USD, works with several currencies: you will receive money using the Credit/Debit Cards. Can also send money to any other location. Be careful with such payments at the P2P marketplaces! This type of transfer can be reversed! Proposed by 1 buyers
  • Skrill in USD: you will receive money using the e-wallet. Can also send money to any other location. Proposed by 1 buyers
  • Cash in Person in USD, works with several currencies: you will receive money using the Cash Payments. Can also send money to any other location. Proposed by 1 buyers

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 7 options to out-exchange the dot to fiat; the most frequently used banks, money transfer operators and global payment systems are:

  • SWIFT Transfer in USD, can be also used with any of other currencies; to any country in the world including United States, Canada, Cuba, Mexico: 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 United States, Mexico, Canada, Cuba: 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 United States, Mexico, Cuba, Canada: 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 44 other cryptocurrencies? It's possible to convert Polkadot to/from 90% 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 184 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 23 proposals (12 allow to convert from BTC to DOT and 11 that are converting in opposite direction.
  • Tether (USDT): that's a popular Stablecoin. There are 14 proposals (7 allow to convert from DOT to USDT and 7 that are converting in opposite direction.
  • Binance Coin (BNB): that's a popular Cryptocurrency. There are 6 proposals (3 allow to convert from BNB to DOT and 3 that are converting in opposite direction.
  • Ether (ETH): that's a popular Cryptocurrency. There are 6 proposals (3 allow to convert from DOT to ETH and 3 that are converting in opposite direction.
  • TRON (TRX): that's a popular Cryptocurrency. There are 4 proposals (2 allow to convert from DOT to TRX and 2 that are converting in opposite direction.
  • SushiSwap (SUSHI): that's a popular Token. There are 4 proposals (2 allow to convert from DOT to SUSHI and 2 that are converting in opposite direction.
  • Bitcoin Gold (BTG): that's a popular Cryptocurrency. There are 4 proposals (2 allow to convert from BTG to DOT and 2 that are converting in opposite direction.
  • Dash (DASH): that's a popular Cryptocurrency. There are 4 proposals (2 allow to convert from DASH to DOT and 2 that are converting in opposite direction.
  • 0x (ZRX): that's a popular Token. There are 4 proposals (2 allow to convert from DOT to ZRX and 2 that are converting in opposite direction.
  • OmiseGO (OMG): that's a popular Token. There are 4 proposals (2 allow to convert from DOT to OMG and 2 that are converting in opposite direction.

Similar cryptocurrencies, that can overcome Polkadot:

Komodo (KMD)

  • rank: #354
  • type: Cryptocurrency

SKALE (SKL)

  • rank: #152
  • type: Token

Kusama (KSM)

  • rank: #52
  • type: Cryptocurrency

ICON (ICX)

  • rank: #88
  • type: Cryptocurrency