Polkadot (DOT)

What is Polkadot and how does it work?

Polkadot is a multichain blockchain protocol created by Gavin Wood, co‑founder of Ethereum. Its technology enables communication between different blockchains through its Relay Chain and Parachains structure, ensuring scalability, security, and decentralization.

Key Advantages of the Polkadot Blockchain

Interoperability:

Enables communication between different blockchains.

Scalability:

Allows parallel transactions thanks to parachains.

Shared Security:

Parachains benefit from the security of the Relay Chain.

Decentralized Governance:

DOT holders vote on network upgrades.

What is Polkadot Staking (DOT)?

Polkadot staking allows users to earn rewards by locking up their DOT to help secure the network. There are two main roles in staking:

Staking Roles in Polkadot

Validators:

They process transactions and maintain network security.

Nominators:

They delegate their DOT to validators and receive a share of the rewards.

How to buy ?

Buying Polkadot is quick and secure with Bitnovo. You can easily get DOT using different payment methods. Just visit our page to buy Polkadot and choose the option that suits you best.

Available purchase methods

• Buy with credit/debit card: Use your Visa or Mastercard to get Polkadot instantly. We also accept Apple Pay and Google Pay for quick, hassle-free transactions.
• Bank transfer: Make a SEPA or SEPA Instant transfer to securely buy Polkadot directly from your bank account, with no lengthy procedures.
• Buy with cash: Get Bitnovo vouchers at over 40,000 physical locations and easily redeem them for Polkadot through our purchase platform.

Benefits of buying Polkadot with Bitnovo

• Quick and easy process: No complex registrations or lengthy verifications. Just choose your payment method and receive your DOT in minutes.
• Multiple payment options: Pay by card, transfer, or cash - whatever works best for you.
• Guaranteed security: Bitnovo is a trusted platform with years of experience in the European crypto sector, designed for users seeking safe and straightforward transactions.

How to buy Polkadot with Bitnovo

If you prefer cash, Bitnovo offers a practical solution through crypto redeemable vouchers, available at thousands of points of sale.

Step by step guide:

Find a nearby store:

Use Bitnovo's search tool to locate partner stores in your area where you can purchase vouchers.

Purchase the voucher:

Visit your chosen store and buy a Bitnovo voucher for your desired amount, paying in cash.

Redeem your voucher for Polkadot:

• Go to the Bitnovo Vouchers redemption page.
• Enter your voucher code and your Polkadot wallet address.
• Confirm the transaction - you'll receive your Polkadot in your wallet within minutes.