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FAQ
Who is behind Polkadot?
Polkadot was founded by Gavin Wood. Gavin Wood co-founded Ethereum and developed the blockchain and smart contract programming language Solidity. After his important Ethereum contributions, he built Polkadot, a scalable and versatile blockchain network. His goal is to improve blockchain connectivity for a more integrated system.
What is DOT crypto?
Polkadot token (DOT) is a cryptocurrency created to maintain the Polkadot network. It allows additional blockchain-related initiatives and apps to leverage its infrastructure. Governance token DOT allows holders to shape the protocol's future. It also stakes network transactions to validate them.
How do I buy Polkadot coin?
You can easily purchase Polkadot through VTRADER. First, you must register for a free account. The next step is to provide the required documentation to confirm your identification. After that, you can fund your account with any fiat cash you want. Finally, use a credit card, debit card, or bank wire to buy Polkadot and invest any amount.
How old is Polkadot coin?
Polkadot coin is still in its early stages. The initial report became public in 2016. In May of 2020, Polkadot launched its first main network following a successful $145 million financing round in 2017.
What type of coin is Polkadot?
Polkadot connects blockchains, allowing value and data transmission between Bitcoin and Ethereum. Rapidity and scalability are its main goals. The DOT token's primary functions are staking and governance. You can trade DOT on Coinbase and other platforms.
Who created Polkadot coin?
Polkadot was created by Gavin Wood. He was also the chief technology officer and co-founder of Ethereum.
What is Polkadot's all-time high?
On November 4, 2021, Polkadot hit its highest price ever, $54.98, at the time. This peak is 92.47% higher than the current price.