Polkadot Price CAD
Polkadot (DOT) Price CAD
Explore and compare the price of Polkadot (DOT) with the other popular digital currencies we offer below.
What is Polkadot (DOT)?
Launched in 2020, Polkadot was developed by some of the blockchain industry’s leading designers - including Dr. Gavin Wood, co-founder and former CTO of Ethereum.
Currently, Ethereum is the largest programmable blockchain in the cryptocurrency industry with over 80% of decentralized apps built on its network. Unfortunately, it has been unable to keep up with its impressive growth resulting in a system that is slow and expensive. Polkadot is faster, cheaper, and most importantly can work with other networks.
The majority of blockchains operate as closed environments. As a result, they cannot interoperate with one another. Polkadot was created to help securely connect all these platforms together so they can work in harmony.
Polkadot has raised approximately $250 million CAD across two sales of its DOT cryptocurrency, making it one of the most well-funded blockchain projects in history.
How to Buy Polkadot (DOT) in Canada
Buying Polkadot (DOT) in Canada as well as other digital currencies is simple and secure with Bitbuy. Here’s how it works:
- Create Your Account: When you sign up to create an account on Bitbuy, you will be asked to confirm your email address, phone number and verify your identity.
- Add Funds: Before you can buy Polkadot in Canada, add funds to your account directly with Interac eTransfer or Bank Wire.
- Buy and Sell Polkadot : Once you’ve sent money to your account, you can buy Polkadot instantly. Bitbuy also makes it easy to sell Polkadot in Canada. Exchange your Polkadot for CAD and withdraw the funds back into your bank account.
The Best Place to Buy Polkadot (DOT) in Canada
Bitbuy is one of the best and safest place to buy Polkadot (DOT) in Canada. Here is why:
Safe and Secure
Every transaction you make on Bitbuy is encrypted using SSL (Secure Socket Layer) technology with two-factor authentication solutions implemented throughout. Bitbuy operates with a 95% cold storage reserve for all digital currencies in custody and executes daily encrypted and distributed backups for disaster recovery. The core of our mission at Bitbuy is making you feel safe that your digital currency is protected!
The Lowest Fees
Bitbuy offers some of the lowest buy and sell fees available in Canada. You can check out our trading fees and processing times before you sign up.
Award-winning Customer Support
Buying cryptocurrency directly from individuals is slow and risky. Cryptocurrency exchange platforms like Bitbuy make the process faster and convenient.
Our customer support is one of the big differences between Bitbuy and other exchanges. You can talk to a real person over email or on the phone. It’s an essential part of simplifying cryptocurrency for everyone.
Interac eTransfer is the most popular way to pay online in Canada. Canadians want to buy Polkadot with Interac, but banks don’t make it easy. Bitbuy exists to simplify the process when you want to buy Polkadot in Canada with Interac. You can use your bank account directly to fund your Bitbuy account, which you then use to buy and sell cryptocurrencies in Canada.