Sell Polkadot (DOT)
How to sell Polkadot
Register, deposit and sell in 5 minutes
1. Create account
Securely create your personal or business account and verify your identity.
2. Deposit
Instantly deposit Polkadot and other crypto assets 24/7.
3. Sell Polkadot (DOT)
Place a market or limit sell order. Alternatively, use our OTC desk for high-value trades.
There are multiple ways to sell
Market sell
Limit sell
OTC sell
Auto & API sell
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Deposit and withdraw USD, AUD, SGD or NZD using SWIFT or local bank transfer in supported jurisdictions.
Low fees
Trading fees start at 0.5% and go down to 0.02%. Low fees apply to instant, crypto and SWIFT withdrawals.
Multi-currency trading
Buy and sell Polkadot and other popular cryptocurrencies with USD, AUD, SGD or NZD.
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Awards & Recognition
Join over 300,000 happy customers
As someone who has integrated to over 20 crypto exchanges via their APIs, I can say Independent Reserve has the best API documentation by far.
Their customer support is also excellent which is something most exchanges sadly lack these days.
Nick AddisonConsenSysI organise and host blockchain meetups and conferences and am always hearing very positive things when it comes to Independent Reserve which is why I always recommend them.
They are by far the most trusted crypto exchange in Australia for consumer trading as well as institutional investment, and offer a great 'open order book' unlike most other Australia exchanges.
Lucas CullenBlockchain developerI find Independent Reserve to be one of the easiest, smoothest cryptocurrency exchanges that I use.
The client onboarding process was simple, it is easy to deposit funds and I particularly like the transparency of market depth and speed of execution.
Claire Wivell PlaterManaging Director, The Fold Legal Pty Ltd
Protecting your assets is our top priority
No commingling of customer funds: we keep client assets completely separate from our own.
1:1 reserves
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.
Audited
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.
Segregated funds
We do not commingle customer funds. 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.
Sole custodian
Independent Reserve is the 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.
What is Polkadot (DOT)?
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.
Built-in capabilities
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.
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