Polkadot (DOT) Price Chart

If you’ve been looking for the best crypto exchange website, look no further because here at CEX.IO you will find everything you need. Whether you’re an avid crypto enthusiast or a humble beginner not sure where to start, you’re certainly going to find the service to your liking here. 

Also, if you came here specifically for DOT price analysis, then it’s exactly the right place. You can track the DOT prices against crypto and fiat currencies all day, every day. Because whenever you visit this page to check out the price trend, it’s going to show the most recent price characteristics. And if you decide to trade with this coin, you can buy it directly at our exchange. Similarly, you can buy Ethereum with a debit card or over 50 other cryptocurrencies (and counting) in just a few clicks. 

About Polkadot (DOT) token

The Polkadot token was officially launched in October 2017 after an ICO where the founders raised over $140 million. However, they released their whitepaper earlier in 2016. Another two private sales were conducted in 2019 and 2020. 

The founders of this cryptocurrency introduced a completely new concept at that time. That was the unique scalability and interoperability opportunities that were possible thanks to a customizable network of parallel chains based on the main “relay” chain. This technology allowed for a much higher throughput of transactions. Parachains, according to the concept, would have their own tokens and be tailored for specific use cases. Additionally, Polkadot blockchain may include the so-called parathreads, which are almost similar to parachains but based on a pay-as-you-go model. Bridges are designed to connect parachains and parathreads as well as make connections between internal and external blockchains. 

Current Polkadot (DOT) price index

The prices of cryptocurrencies never stay the same. The reason for that is simple. If the coin is as popular as Polkadot, it is constantly being traded back and forth, that’s why the DOT price is constantly fluctuating. If you are one of the older traders who remember the inception of this cryptocurrency, you probably noticed that the Polkadot ICO price started out at as low as $0.29 per token. Right now, as you can see, the situation has changed a lot.

Polkadot (DOT) price history

Polkadot coin (DOT token) price over time has been changing slightly until the beginning of 2021 when it experienced a massive surge. Of course, the price movements depend largely on the timeframe that you choose. That’s why, if you switch between different intraday periods of time, the Japanese candles may vary significantly. Usually, traders prefer to assess the Polkadot historical price along with the current price, and then compare it to a different pair in order to make more considered decisions. Sometimes, they even compare crypto (including DOT) with stock prices to make a good shot. No wonder as the correlation of the cryptocurrency market with the stock market has been increasing lately.

How to buy Polkadot (DOT) at CEX.IO

Instant Buy

If you want to get cryptocurrency like Polkadot (DOT) in your wallet without having to wait for transaction approval, this feature is for you. You can also instantly buy Tron or many other crypto within a few minutes’ time. All you need to have is your verified account and credit or debit card.

Trade

If you have another crypto or even fiat currency in your wallet, you can trade them in the pair to the DOT token. At our Spot Trading platform, you can place either an order at current prices or with predetermined limits. Here you can trade over 100 cryptocurrencies, including DOT, with deep liquidity and check theur prices in real time.