Buy Polkadot (DOT)
How to buy Polkadot
1. Create account
Securely create your personal or business account and verify your identity.
2. Deposit funds
Deposit USD, AUD or NZD using SWIFT, PayID or NPP.
3. Buy Polkadot (DOT)
Buy, sell and track your Polkadot (DOT) from your desktop or mobile device.
What is Polkadot?
Polkadot is a next-generation open-source protocol and cryptocurrency. It is a fully interoperable multi-chain platform that is built to facilitate seamless communication between blockchains. The Polkadot network supports the development of new technologies and hosts an expanding ecosystem of Web3 applications.
Blockchains are built, secured and governed using their own computer languages and consensus algorithms. Their isolated nature, however, has created problems when it comes to integration. Polkadot was primarily designed to address these industry pain points.
A protocol for protocols
Polkadot is the first layer-0 blockchain. It is dubbed the “protocol for protocols” because it connects blockchains and allows them to share messages and perform transactions without compromising security or decentralisation. This is a game changer because it makes it easy for developers, token holders and content creators to use blockchain-enabled products together.
Polkadot is built to scale. Its cross-chain network is united over Polkadot’s central relay chain, which powers the entire platform. Independent blockchains, called Parachains and parathreads, delegate their consensus to the relay chain, to process fast and secure transactions. Through bridges, Polkadot can also connect to external blockchains like Bitcoin and Ethereum.
Polkadot makes it simple to build layer-1 projects on top of its core code without having to start from scratch. It features an out-of-the-box building environment where developers can create their own blockchain-based decentralised applications (dApps) with Polkadot’s programming language Substrate. It enables smart contracts and digital assets to be exchanged over different chains using Polkadot’s XCM consensus messaging format.
DOT is the native token of the Polkadot blockchain and is essential to the operation of the Polkadot network. Polkadot (DOT) is one of the top cryptocurrencies by market capitalisation.
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 (DOT)
Lower feesFees from only 0.5% – 0.02%. See Trade volume discounts.
Expert supportReceive personalised help with a human touch. Our dedicated team is here to help you 24/7.
Voted #1Voted the best crypto exchange 2019–2021 in Australia
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 PolkadotYou have easy and advanced ways to buy and sell Polkadot and other cryptocurrencies. Order types include simple, market, limit and advanced “stop buy” and “stop sell”.
Portfolio trackingView real-time market updates with our simple tracking interface.
AutoTrader (DCA)Automate your crypto investments with strategies that allow you to dollar-cost average (DCA).
Multi-currency tradingBuy and sell crypto with USD, NZD, AUD or SGD. We offer instant deposits in Australia.
Buy Polkadot from the 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 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.