You can now buy, sell and store Polkadot (DOT) on Young Platform!
What is Polkadot?
Polkadot is not only a cryptocurrency, but first and foremost a next-generation blockchain. It was created as a “relay” blockchain that hosts “para-chains” in its network, i.e. other blockchains with specific use cases. It thus facilitates access to a wide range of blockchain-based services.
Not only does Polkadot succeed in connecting completely different projects on a technical level, but also facilitates intercommunication and, above all, does so in a scalable way.
How does the DOT coin work?
The role of the native Polkadot cryptocurrency (DOT) is key: you can stake DOT to receive rewards and participate in network governance. From $8.87 in January 2021, its value today is around $24, with an all-time-high at $48.68.
Why did Young decide to list it?
Polkadot is by far one of the most popular coins in the community this year and is currently ranked 9th for market capitalisation. And now Young Platform is the first Italian exchange to list this coin!
Polkadot can be traded on both Young Platform and Young Platform Pro with the following pairs:
Want to know more?
Read our dedicated article on Young Academy!