Buy Polkadot (DOT) in Singapore

Polkadot Price

1 DOT / SGD 9 .0041
+4.73%
Sgd Singapore Dollar
Dot Polkadot

How to buy Polkadot in Singapore

  • Create account

    1. Create account

    Securely create your personal or business account and verify your identity.

  • Deposit funds

    2. Deposit funds

    Enjoy free* and instant SGD deposits using FAST transfers.

  • Start investing

    3. Buy Polkadot (DOT)

    Buy, sell and track your Polkadot (DOT) from your desktop or mobile device.

* Free deposits on amounts above SGD 1,000 via FAST transfer.

What is Polkadot?

Polkadot is a multi-chain application platform and cryptocurrency. Its open-source protocol is built for interoperability and interconnectivity between blockchains. Polkadot fosters the development of innovative Web3 technologies. The network is made to scale and can support a wide range of decentralised products and services.

Blockchains (in general) are built, secured, and governed with decentralisation in mind. They are written using various programming languages and operate on different cryptography systems. This has made things challenging when it comes to cross-chain integration. Polkadot seeks to provide a solution.

A platform for Web3

Polkadot is the first layer-0 protocol in the world. It enables different blockchains to share information and digital assets in a trustless and secure manner, while retaining their own governance and tokens. This is groundbreaking because it makes it simple for people to use blockchain-based applications together.

Polkadot fulfils its primary purpose of connecting blockchain networks through parachains and parathreads. They delegate their consensus and security computations to the relay chain, Polkadot’s central component, to process fast and congestion-free transactions. Polkadot can also connect to independent blockchains like Bitcoin and Ethereum through bridges.

Built-in capabilities

Polkadot provides a foundation for layer-1 projects to build on top of, without having to start from scratch. It features an out-of-the-box building environment where developers can create their own decentralised applications (dApps) using Polkadot’s own programming language, Substrate. It enables smart contracts to be exchanged seamlessly across chains using Polkadot’s XCM consensus messaging format.

The native token of the Polkadot blockchain is DOT, which powers the whole Polkadot ecosystem and is currently 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) in Singapore

See why we are voted the best cryptocurrency exchange
  • Lower fees

    Fees from only 0.5% – 0.02%. See Trade volume discounts.
  • 24/7 support

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  • Licensed and audited

    Licensed by the Monetary Authority of Singapore (MAS)

Protecting your assets is our top priority

No commingling of customer funds: We keep client assets completely separate from our own.
1:1 reserves

1:1 reserves

We keep 1-to-1 reserves 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

Audited

We are the first crypto exchange to be licensed by MAS.

Our books are balanced and we carry no debt on our balance sheet. We engage external auditors to verify holdings with annual audits of our financial statements. This includes verification of all fiat and crypto balances held in custody on behalf of clients.

Segregated funds

Segregated funds

No commingling of customer funds: We maintain complete segregation of our customers’ crypto and fiat assets.

We ensure that your funds are kept safe so when you need to make a withdrawal, you can. That is our promise.

Segregated funds

Single purpose asset utilisation

We do not engage in any lending, borrowing or rehypothecation of assets (i.e. pledging assets as collateral for debt). Your assets are used solely for the purpose of enabling you to transact on our platform.

Singapore’s first licensed crypto exchange for all investors

We are members of

Licensed under the Payment Services Act (Singapore). License No.: PS20200517 Licensed under the Payment Services Act (Singapore). License No.: PS20200517

Explore our features

  • Buy, sell and store Polkadot

    You 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”.
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