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Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78.31% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Please click here to read our full Risk Warning.

78.31% of retail investor accounts lose money when trading CFDs with this provider.

Polkadot (DOT/USD)

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Polkadot (DOT/USD) News

Polkadot is a network that connects various blockchains by helping to gather private and public blockchains in the WEB3 ecosystem. This network helps blockchain platforms exchange the info and transactions without obligations. The main goal of the Polkadot ecosystem is to ensure that all participating blockchains remain secure and trades are carried out fairly.

The Polkadot ecosystem has no miners and uses a proof-of-stake algorithm. As such, holders manage all exceptional events, such as updates and protocol fixes.

Opportunities for traders 

The project's second ICO started in July 2020. In the first week of trading, the tokens' value increased by 150%. But it didn't last long; the price soon dropped to the original ICO offering price. The token's average intraday volatility is 13%. This token can be bought and sold. 

How to buy and sell DOT/USD

You can buy and sell CFDs for DOT/USD through a broker or a trading platform, such as MetaTrader 4 or Libertex, where leverage can be used, and you can trade if the cryptocurrency's value goes down or up.