DOT Live Price Converter
DOT to USD Calculator
Polkadot is a decentralized platform developed by the Web3 Foundation with the goal of making the Polkadot ecosystem an attractive platform for building Web 3.0 apps.
Polkadot’s unique value proposition is blockchain interconnectivity, as it allows blockchain ecosystems to connect in a safe, scalable, and trustless way. Since the Polkadot protocol supports cross-chain communication, both public and private blockchain networks can connect to Polkadot as parachains to communicate with each other.
Polkadot uses a Nominated Proof-of-Stake (NPoS) consensus mechanism to safeguard its network in an extremely energy-efficient and transparent way. The native digital token of Polkadot, DOT, is used as a governance token and a utility token on the platform.
Real-time DOT Price Rates in USD
DOT Live Data
The current DOT price is $ 4.03, which is -0.45% change in the past 24 hours and -3.42% in the past 7 days. With a circulating supply of 0, DOT’s live market cap is $ 4.9B. The 24-hour trading volume is $ 74M.
The conversion rates are calculated using the Live DOT Price Index along with other digital asset price indices. The DOT/USD exchange rate is updated in real-time.
Bitsgap’s Polkadot converter is a good place to start following the DOT market and other crypto markets' live updates.
DOT Supported Exchanges
The exchange rate of Polkadot is decreasing.
The current value of 1 DOT is 4.03 USD. Inversely, 1.00 USD would allow you to trade for 0.248 DOT, not including platform or gas fees.
In the last 7 days, the exchange rate has decreased by -3.42%. Meanwhile, in the last 24 hours, the rate has changed by -0.45%. This time last month, the value of 1 DOT was 4.6 USD, which is a 14.15% increase from where it is now. Looking back a year, DOT has changed by -2.37 USD.
DOT to USD
|Asset||Today at 10:10 AM|
|0.5 DOT||2.01 USD|
|1 DOT||4.03 USD|
|5 DOT||20.15 USD|
|10 DOT||40.29 USD|
|50 DOT||201.47 USD|
|100 DOT||402.95 USD|
|500 DOT||2 014.75 USD|
|1000 DOT||4 029.5 USD|
USD to DOT
|Asset||Today at 10:10 AM|
|0.5 USD||0.124 DOT|
|1 USD||0.248 DOT|
|5 USD||1.241 DOT|
|10 USD||2.482 DOT|
|50 USD||12.408 DOT|
|100 USD||24.817 DOT|
|500 USD||124.085 DOT|
|1000 USD||248.17 DOT|
Today vs. 24 hours ago
|Asset||Today at 10:10 AM||24 hours ago||24H Change|
|500 DOT||$2 014.75||$2 023.88|
|1000 DOT||$4 029.5||$4 047.76|
Today vs. 1 month ago
|Asset||Today at 10:10 AM||1 month ago||1 month Change|
|500 DOT||$2 014.75||$2 299.9|
|1000 DOT||$4 029.5||$4 599.8|
Today vs. 1 year ago
|Asset||Today at 10:10 AM||1 year ago||1 year Change|
|500 DOT||$2 014.75||$3 201.9|
|1000 DOT||$4 029.5||$6 403.8|
Polkadot’s native token, DOT, has several use cases. Firstly, it can be used as a governance token, giving token holders the opportunity to vote on the future of technology. Secondly, it can be used in staking to improve the ecosystem’s resilience. Finally, DOT can be used in bonding native assets of parachains that connect to Polkadot.
If a parachain stops functioning, DOT holders can stake their cryptocurrency in the bonding procedure and then withdraw their bonded tokens. Finally, DOT can be traded, invested, and used to earn passive income. Polkadot is one of the most sought-after digital assets in the cryptocurrency market for both short- and long-term investment.
Before trading, it’s best to spend some time on basic fundamental and technical analyses. Come back to Bitsgap’s Polkadot converter to check current market data, including DOT price, market value, and 24-hour trading volume.
Polkadot is a shared multichain protocol that makes it easier for assets or data to move between blockchains. The layer-0 metaprotocol can change its coinbase on its own thanks to Polkadot’s on-chain governance by token holders and community members with stakes.
Polkadot improves the user experience and the speed of transactions by letting different blockchains with different purposes work together. Polkadot's main benefit is that it makes it easier and safer to send data and information across multiple blockchains in a trustless way. With Polkadot, users can finally create new apps and services with ease, thereby contributing to the wider adoption of a blockchain-based, decentralized internet.
The GRID bot from Bitsgap is an automated trading tool that uses the GRID trading strategy. As the name implies, the GRID bot creates a grid full of postponed limit buy and sell orders. It does this by dividing the specified price range into multiple levels. As such, the bot works best on the swing market, where the price bounces within a horizontal range. Price swings up or down allow the bot to keep generating profits from any market movement as it keeps buying low and selling high.
Since grids are interchangeable, the bot will create a new order for every order that’s been fulfilled. By allowing trailing features, the grid can be extended down or follow the market's movement up to keep making good returns. By subscribing to Bitsgap now, you’ll have a seven-day free trial on the PRO plan, where you can test the GRID and other Bitsgap bots.