Buy Polkadot (DOT) in Australia
How to buy Polkadot in Australia
1. Create account
Securely create your personal, SMSF or business account and verify your identity.
2. Deposit funds
Enjoy free and instant deposits using PayID, NPP or EFT bank transfer.
3. Buy Polkadot (DOT)
Buy, sell and track your Polkadot (DOT) from your desktop or mobile device.
What is Polkadot?
Polkadot is an open-source blockchain and cryptocurrency. It is a fully interoperable and highly scalable multi-chain application platform. Polkadot’s network nurtures innovation and hosts a growing ecosystem of emerging Web3 technologies.
Blockchains are built to operate without central control. They have developed separately, using their own programming languages and consensus mechanisms. This has made it difficult for independent chains to exchange information because there is no technical standard. Polkadot was specifically created to solve this issue.
Polkadot offers a unique solution as the world’s first layer-0 protocol. It connects independent blockchains and enables them to share data in a trustless manner, using their own fuels, governance, and special functions. This is a game changer as it makes it simple for developers, content creators, and token holders to use decentralised products and services together.
Polkadot connects the dots! Its core relay chain unites a city of blockchains into one interconnected network, comprised of parachains and parathreds. They share common resources and utilise the security and scalability of Polkadot to process fast and cheap transactions. Through bridges, they can also connect to blockchains outside the network, like Bitcoin and Ethereum.
Polkadot’s integrated security features and cross-chain capabilities allow digital assets and smart contracts to be sent between chains effortlessly, using Polkadot’s Cross-Consensus Messaging Format (XCM). Polkadot also provides an out-of-the-box blockchain-building framework that developers can use as a starter kit to build their own decentralised applications (dApps) using Polkadot’s programming language, Substrate.
Polkadot (DOT) is one of the top cryptocurrencies by market capitalisation. The native token of the Polkadot blockchain is DOT, which powers the entire network.
Buy Polkadot (DOT) on the go
Buy, sell and manage your crypto safely anywhere, anytime with the Independent Reserve app.
Frequently asked questions
The best place to buy Polkadot in Australia
Lower feesFees from only 0.5% – 0.02%. See Trade volume discounts.
24/7 supportOur team of experts are on hand to help with any issue you might have.
Voted #1Voted Australia’s best crypto exchange 2019-2021.
Aus government regulatedRegulated by ADCA, AUSTRAC and ISO 27001 certified
Protecting your assets is our top priority
We maintain a full 1:1 reserve of all client fiat and crypto assets.
We hold the vast majority of crypto assets in secure offline cold storage, protected in underground vaults with maximum security.
Our books are balanced and we carry no debt on our balance sheet. We engage external auditors to undertake an annual audit of our financial statements in accordance with Australian Accounting Standards. This includes verification of all fiat and crypto balances held in custody on behalf of clients.
We maintain complete segregation of all client assets to ensure that when you need to make a withdrawal you can. We keep your assets safe. That is our promise.
Independent Reserve is a sole custodian of all crypto assets held on our platform. Custody is managed in Australia and we do not use any third party custodians.
We adhere to industry best practices and never lend, trade or reinvest your assets.
Official Crypto Exchange of the Sydney Swans
Trusted by global partners
Explore our features
Buy, sell and store PolkadotThere are simple and advanced ways for you to buy and sell Polkadot and other cryptocurrencies. Available order types include simple, market, limit, and advanced “stop buy” and “stop sell”.
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AutoTrader (DCA)Automate your crypto investments with strategies that allow you to dollar-cost average (DCA).
Multi-currency tradingBuy and sell crypto with AUD, NZD, SGD or USD. We offer instant deposits in Australia.
Buy Polkadot with your SMSF
We are trusted by thousands of SMSFs to purchase crypto. We provide:
- A streamlined banking solution
- Compliant, audit-friendly reporting
- Premium grade security
- OTC trading desk
Buy Polkadot from Australia’s most trusted crypto OTC desk
Our over-the-counter (OTC) trading desk offers deeper liquidity and a private, more personalised service for institutional investors and high-net-worth individuals who need to fill large orders that might be too price-disruptive on open markets at exchanges.
Whether you are looking to trade Polkadot (DOT) or other cryptocurrencies OTC from $50,000 to $50 million, our industry-leading desk will provide you with seamless trade execution and settlement services that are discreet, secure and ultra-competitive.
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