Polkadot price (DOT)

What is Polkadot?

Polkadot (DOT) is ranked #59 by market capitalisation on CoinGecko. It is listed in these categories: Smart Contract Platform, Proof of Stake (PoS), Layer 0 (L0), GMCI 30 Index.

Polkadot is a platform that allows diverse blockchains to transfer messages, including value, in a trust-free fashion; sharing their unique features while pooling their security. In brief, Polkadot is a scalable heterogeneous multi-chain technology.

Polkadot is heterogeneous because it is entirely flexible and makes no assumption about the nature or structure of the chains in the network. Even non-blockchain systems or data structures can become parachains if they fulfill a set of criteria.

Polkadot may be considered equivalent to a set of independent chains (e.g. a set containing Ethereum, Ethereum Classic, Namecoin and Bitcoin) except with important additions: pooled security and trust-free interchain transactability.

Many of the native parachains of Polkadot will be written using a Polkadot Runtime Environment SDK (e.g. Parity Technologies' Substrate).

Description source: CoinGecko.

How to swap DOT on Oddrix

1. Open the Oddrix swap page and connect your wallet.
2. Choose the coin you send and DOT as the coin you receive, then enter the amount.
3. Check the best live quote and sign the transaction in your wallet.