Why buy Polkadot (DOT)
What is Polkadot? Polkadot is a foundational building block of the new web hoping to enable human beings businesses, enterprises and governments to use private and secure applications which do not rely on trusting a third party.
Polkadot is one network that's made up of a collection of separate blockchains which is connected by several chains together in a single network allowing them to process the transactions in parallel and exchange data between chains.
Polkadot was built with important governance mechanisms in place that allow the community to vote on code changes and upgrades. Polkadot is designed to establish transparent, accountable and binding process for resolving disputes and upgrading the network.
Besides the technology side, the founder of Polkadot (DOT) - Dr Gavin Wood- who was one of the founders of parity technology, a co-founder of ethereum and also the inventor of smart contract language. This passes our "C-test" for investing into Polkadot (DOT).
A newcomer in 2020, Polkadot (DOT) already takes the #6 position by market cap behind Bitcoin, Ethereum, Tether, Ripple and Chainlink.
Although Polkadot is new to the cryptocurrency world, there are already 200+ projects which build on the Polkadot Project platform.
If you like to purchase Polkadot you can go to CoinBase. You can use your phone or tablet and this is available to most people in most countries.
Use the link above to download the app from your app store onto your phone or PC and follow the prompts to set up a wallet. You can then link your credit card or bank account and purchase your first Polkadot (DOT).
The other choice of platform to purchase Polkadot (DOT) is Crypto.com MCO/CRO-- this is a favourite for many reasons, as you can earn interest on a wide variety of coins, as well as apply for a crypto debit card. This operates similar to a pre-paid Visa card, where you top up before use, however, you can choose to top up with cash or crypto. For example, you can transfer cryptocurrency to the card and spend it like cash, or let it sit in the account and earn interest. Rates of interest again vary from 2% up to 10% or more. New investors may receive up to $50 when using the above link to create a new account.
If you have any questions, please get in touch via the "Contact Us" section of the homepage and we will do our best to assist you.