Polkadot is one of the most underrated coins in the crypto world. Due to its low popularity and the increasing number of competitors, there are fewer buyers of this coin right now. To add to this, there is some confusion as to where you can buy Polkadot coins in the US. However, that doesn’t mean that it is not worth your attention. If you make the right move and become an early buyer of this cryptocurrency, it could bring a huge difference to your crypto portfolio.
In this five-minute article, I’ll show you the various platforms where you can buy these coins and how you can do so.
So, without any further ado, let’s take a look.
The first marketplace for buying Polkadot is Kraken. This is the best place to buy and stake Polkadot (DOT). The best thing about this platform is that it gives you the highest staking reward for Polkadot. What’s more? You do not need any minimum DOT requirement for using this platform.
You are eligible for a 12% staking reward even when you hold 3 DOTs. Kraken doesn’t lock your coin for 28 days, unlike the official Polkadot network.
Another great platform for purchasing DOT is crypto.com. It is comparatively more user-friendly than Kraken as it supports ACH transactions. However, when it comes to staking rewards, Kraken is the best.
There is an interesting concept that is followed by a lot of crypto enthusiasts who use Polkadots. They buy DOT coins on crypto.com and transfer them to Kraken.
iTrustCapital is an IRA provider which lets you invest in cryptocurrencies through your retirement account. This is one of the most reliable and easy-to-use platforms. It is ideally good for new traders who have never bought or sold alternate investments in the past. You can use this marketplace to easily buy Polkadot coins in the US.
Those were the top 3 crypto marketplaces in the world. There are more than 70 cryptocurrency exchanges and marketplaces where you can trade Polkadot (DOT) online. Here is a list of all the cryptocurrency marketplaces and exchanges that currently list Polkadot (DOT) for trading.
How to buy Polkadot?
There are four basic steps for buying Polkadot.
- Choose a Polkadot-compatible wallet and locate your DOT address.
- Sign up to a cryptocurrency marketplace
- Buy Polkadot (DOT) with deposited crypto, bank card or fiat.
- Withdraw the DOT tokens to your wallet.