How to Buy Polkadot (DOT)
Level up your trading experience with Bybit, a one-stop trading platform where you can buy, sell, trade, stake and hold DOT securely and easily.
How to Buy DOT on Bybit
Bybit features an intuitive interface that obviates the confusing Polkadot (DOT) buying process. Since security and reliability are paramount at Bybit, we’ve partnered with payment providers who share these same values to help you get your hands on DOT securely. With Bybit, you can obtain DOT in a few quick ways:
Buy DOT With a Credit/Debit Card
Sign up for a Bybit account, or log in to your existing Bybit account to buy stablecoins or BTC directly using your credit or debit card. Then, trade the purchased coins for DOT on Bybit Spot.
Buy DOT via Peer-to-Peer (P2P) Trading
Select a preferred advertiser with your ideal USDT price listed on the Bybit P2P platform, then proceed with the payment process. The purchased coins should reflect in the asset wallet once the seller has successfully released the coins. You can then use the purchased coins to buy DOT on Bybit.
Trade DOT
Choose to deposit with Bybit from a wide variety of cryptocurrencies, which you can then exchange for DOT at a highly competitive market rate.
Buy DOT With a Credit/Debit Card
Sign up for a Bybit account, or log in to your existing Bybit account to buy stablecoins or BTC directly using your credit or debit card. Then, trade the purchased coins for DOT on Bybit Spot.
Where to Buy Polkadot (DOT)
Register or log in to check out instantly with your preferred amount of DOT on Bybit — all at your fingertips.
Buy DOT
Guide to Buying DOT via Bybit Express
Mobile App
- Download the Bybit App via App Store or Google Play Store.
- Register and verify your account (or log in to your existing Bybit account).
- Tap on Buy Crypto, then select the Express button.
- Enter the desired amount of stablecoins to be purchased with your preferred fiat currency.
- Proceed with the payment upon selecting your preferred payment channel.
- Complete the KYC process and fill in the order by entering your card information.
- Use the purchased stablecoins to buy DOT via Bybit Spot/Derivatives.
Desktop
- Register and verify your account, or log in to your Bybit account.
- Tap on the Buy Crypto button on the menu, and select Express from the drop-down menu.
- Enter the desired amount of USDT to be purchased with your preferred fiat currency.
- Proceed with the payment upon selecting your preferred payment channel.
- Complete the KYC process and proceed with your purchase.
- Use the purchased stablecoins to buy DOT via Bybit Spot/Derivatives.
Guide to Buying DOT via Bybit Express
Why Buy DOT on Bybit?
Crypto platforms are a dime a dozen these days. Here's why Bybit is the best trading platform when you choose to buy DOT:
1. Ease and convenience
Bybit offers an easy-to-use interface on both mobile and desktop for fast and secure transactions. Only a few clicks are needed to buy, sell, trade and stake DOT.
2. Stay up-to-date and get ahead
Get real-time market data to monitor the competitive market liquidity at your fingertips.
3. Secure and reliable
Bybit maintains a 99.9% availability track record, even through periods of market volatility. Benefit from Bybit's daily insurance fund to minimize losses.
4. Round-the-clock customer support
Get answers to all of your questions, 24/7, with our multilingual support.
What Is Polkadot (DOT)?
Polkadot (DOT) is an open-source sharded network founded and supported by the Web3 Foundation. This means that Polkadot isn’t a single blockchain, but rather a network of blockchains. Polkadot’s unique architecture includes a central chain, called the relay chain, and a number of separate chains connected to the relay chain, called parachains. The relay chain provides the necessary security and transaction validation functionality for the parachains. The parachains — independent of each other, and running in parallel — make use of the relay chain’s basic security and processing features.
The DOT coin is used by parachains to lease a connection to the relay chain. Any compatible blockchain may lock a certain amount of DOT on the platform while it remains connected to the relay chain. DOT is also used in Polkadot’s ecosystem for governance and staking purposes.
With its unique parallel processing architecture and support from the Web3 Foundation, Polkadot is considered one of the key blockchain projects to spearhead Web 3.0 development.
Learn More About Polkadot (DOT)
Master the fundamentals of Polkadot — its technology, benefits, limitations, and the future of DOT.
Learn More
Why Buy Polkadot (DOT)?
As the research and development effort for Web 3.0 gears up, DOT is among the coins positioned to benefit. Polkadot’s relay chain is capable of concurrently supporting up to 100 parachains. As more Web 3.0-oriented chains join the Polkadot ecosystem in the future, the demand for the DOT coin is expected to rise even further.
With DOT, you can:
- Own one of the leading Web 3.0-oriented cryptocurrencies
- Access staking opportunities on Polkadot to earn passive crypto income
- Participate in Polkadot’s governance voting for a say in the future direction of this unique blockchain project
What Can I Do With My DOT on Bybit?
Hold/Store DOT
You can buy DOT and hold on to it over an extended period as its value increases. Store DOT in your personal Bybit account — and access it anytime on Bybit's mobile app or web page.
Trade DOT
Bybit offers a wide selection of trading pairs on both the spot and derivatives markets. Trade DOT for over 100 cryptocurrencies on Bybit’s trading platform.
Stake and Earn DOT
Grow your digital assets. Maximize the potential of your asset holdings by earning a guaranteed APY through Bybit’s high-yield flexible savings program. Enjoy the flexibility to stake and unstake your DOT anytime, anywhere.
Get Your DOT Today
Level up your trading experience with Bybit. Buy DOT fast, easily, safely and reliably with a wide variety of fiat currencies to choose from: USD, AUD, EUR, HKD, JPY and more
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