Best Polkadot Exchange (February, 2024) - Comparewise
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#1 Choice
Get $20

Coinsmart

$20 BTC
Welcome Bonus
$100
Min Investment
  • Trade 16+ coins
  • Fund with e-Transfer
  • Instant account verification
Pros & Cons
Extra Details
Popular
Get $30

Bitbuy

$30
Welcome Bonus
$250
Min Investment
  • Trade 25+ coins
  • Fund instantly with e-Transfer
  • Refer friends and get $40
Pros & Cons
Extra Details
Best Value
Trade

Changelly

0.5% - 5%
Low Fees
200+
Coins Available
  • Exchange any crypto instantly
  • No proof of identity required
  • Competitive trading rates
Pros & Cons
Extra Details
Get $25

Netcoins

$25
Bonus
22
Coins Available
  • 0% funding fee & 1-click trading
  • Free cash withdrawals
  • Earn cashback in BTC
Pros & Cons
Extra Details
Get $25

Newton

$25
Welcome Bonus
$100
Min Investment
  • Trade 70+ coins instantly
  • Fund fast with e-Transfer
  • Super low fees & user-friendly
Pros & Cons
Extra Details
Get $30

Coinberry

$30
Welcome Bonus
$50
Min Investment
  • Trade 29+ coins
  • Fund instantly with e-Transfer
  • 0% deposit/withdrawal fees
Pros & Cons
Extra Details
Get $30

Shakepay

$30
Welcome Bonus
2
Coins Available
  • Instant account verification
  • Fund instantly through e-Transfer
  • Commision-free trading
Pros & Cons
Extra Details
$5
Min Deposit
16
Coins Available
  • Buy crypto instantly with e-Transfer
  • Speedy one-time verification online
  • 24/7 live support
Pros & Cons
Extra Details
Get $16

Coinbase

$16
Welcome Bonus
100+
Coins Available
  • Insured up to a max of $250,000
  • Supported in 100+ countries
  • Crypto stored securely offline
Pros & Cons
Extra Details
Get $100

Binance

From 0.1%
Low Fees
600+
Coins Available
  • Trade Bitcoin for free
  • Get up to $100 in welcome rewards
  • Earn with crypto through staking
Pros & Cons
Extra Details
From 0.1%
Low Fees
700+
Coins Available
  • Up to 500 USDT in bonuses
  • 24/7 customer services
  • Join the global KuCoin community
Pros & Cons
Extra Details
20% APR
Earn Up To
300+
Coins Available
  • Get $100 bonus if you top up $1k
  • Every trade gets up to 0.5% reward
  • Earn daily interest on crypto
Pros & Cons
Extra Details
Trade

Uphold

$1
Minimum Deposit
130+
Coins Available
  • Crypto, 50 stocks, 37 currencies
  • Zero fees and low spreads
  • Stake and get rewards up to 19.5%
Pros & Cons
Extra Details
20% APR
Earn Up To
300+
Coins Available
  • Get up to 5% cash back
  • Deposit 30 Stellar USDC, get 50 USDC
  • Get up to 50% with staking
Pros & Cons
Extra Details
Trade

Coinmama

0.99%
Fees Starting Form
16
Coins Available
  • No deposits required
  • Available in 188 countries since 2013
  • Trusted by millions
Pros & Cons
Extra Details
Trade

EQONEX

0.08%
Fees Starting At
3
Coins Available
  • Spot & derivatives digital asset trading
  • Secured by FCA, ISO certified custodian
  • Nasdaq-listed company
Pros & Cons
Extra Details
Trade

Kraken

$10
Minimum Deposit
100+
Coins Available
  • Fees as low as 0%
  • Earn up to 23% in rewards annually
  • 24/7 live support
Pros & Cons
Extra Details
Trade

Crypto.com

$20
Welcome Bonus
250+
Coins Available
  • Earn up to 8.5% on crypto
  • Earn up to 14% on stable coins
  • Earn extra with staking
Pros & Cons
Extra Details
Get $30

VirgoCX

$30
Welcome Bonus
25+
Coins Available
  • Zero deposit fees for e-transfer
  • Zero trade fees, trade fast and free
  • Trade 25+ cryptocurrencies for free
Pros & Cons
Extra Details
Trade

WonderFi

15 seconds
Interest Accrues Every
100+
Coins Available
  • Earn Interest on Assets
  • Crypto, DeFi, gaming and NFTs
  • Compliant and regulated
Pros & Cons
Extra Details
$100
USDC
11+
Coins Available
  • 0.35% commission, no other charge
  • Earn up to 7% APY interest
  • Get 100 USDC when you sign up
Pros & Cons
Extra Details

Best Polkadot Exchange (February, 2024)

Despite currently trading below its all-time high of $53.98, Polkadot made a 240% jump in two years, which is an impressive feat. Its interactive capabilities have made it a centre of attention for developers. Hence, the growing investment opportunities for the best Polkadot exchange.

Thankfully, you can safely transact the altcoin on several exchanges or platforms, enjoying the benefits of its growing popularity.

These exchanges are available on desktop and mobile devices to provide the needed flexibility and versatility, regardless of your trading volume. You can list your assets for sale in a few swipes or purchase the altcoin on the best Polkadot exchange.

We have just the list for you to pick the top Polkadot exchange to pitch your tent. As you will see, these platforms have features that make trading seamless. So, here is a list of the top online trading platforms for this trending altcoin.

Top Seven Best Polkadot Exchange to Use

The following are the leading exchanges for your Polkadot trading needs:

1. CoinSmart

Although CoinSmart has a limited number of cryptocurrencies, it might just be the best Polkadot exchange you need. It has a blend of outstanding features tailored to the Canadian population. Nevertheless, it is a global trading platform for crypto enthusiasts.

CoinSmart’s global reach brings benefits, including finding sellers and willing buyers effortlessly. It has a well-designed user interface and a quick onboarding process. The rest of the trading process is intuitive, and you should not have trouble finding your way around.

The exchange stores the data on offline or physical sites. One thing that quickly indicates CoinSmart as the best Polkadot exchange is its Securities Dealer license. As one of the few crypto online trading platforms with that designation, that is a remarkable achievement.

Features of CoinSmart

CoinSmart’s outstanding features include but are not limited to the following:

  • Payment Options: Users have multiple options to fund their accounts, including e-transfer and debit cards.
  • SmartGuarantee: CoinSmart incorporates this handy feature, which verifies new users’ accounts instantly.
  • Transaction Fees: Coinsmart has relatively low fees and zero fees if you transact in Canadian dollars with a bank wire or draft.
  • There is an Over-the-counter trading platform for large transactions.
  • GetSmart Hub: This feature provides resources such as how-to guides and blog posts.

2. Bitbuy

Today, BitBuy ranks among the leading exchanges and is registered with the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC). You can download the platform on your smartphone or visit the website on your desktop. Either way, the interface remains intuitive, even for someone completely new to crypto trading.

Bitbuy has all it takes to be the best Polkadot exchange, from the interface to the trading features. The mobile application, which has a 4.6/5 rating on the App Store, supports biometric authentication for extra security. Nevertheless, you can secure your desktop portal with 2-factor authentication.

Bitbuy supports over 25 cryptocurrencies, meaning you can buy or sell the DOT token for other altcoins. You have several withdrawal methods but can only withdraw in Canadian dollars.

Features of BitBuy

Here are a few features of BitBuy:

  • Mobile App: The mobile application provides versatility and can handle almost every task as the desktop version.
  • Bitbuy Pro: This platform brings additional functions, including integrating trading view charts, lower fees, and trading pairs.
  • Bitbuy Express: This feature is an ideal option for beginners, thanks to its swift trading process. New users can start buying and selling cryptocurrencies with a few clicks.
  • Transaction Time: Withdrawals through bank and wire transfers take two to three working days.
  • Customer support includes email, direct messages, and live chat.

3. Gemini

Having Gemini on your mobile device gives you access to over fifty cryptocurrencies and 20-plus trading pairs. That makes it easy to buy and sell Polkadot from the comfort of your sofa. To top it all, the interface experience is smooth and fluid.

New users will have no trouble navigating Gemini’s features. Its user-friendly design could make it the best Polkadot exchange, save for a few limitations.

With over sixty countries under its belt, finding a buyer or seller for Polkadot should not pose a challenge. Massive platforms like this are your best bet for benefiting from the growing popularity of DOT. It offers several advanced features to enable smooth transactions.

Features of Gemini

These are some outstanding features of Gemini:

  • Gemini Wallet: The proprietary wallet is available to store your cryptocurrency assets if you do not have a crypto wallet.
  • Gemini Earn: You can earn interest on some of your crypto holdings with the exchange.
  • ActiveTrader: This feature provides advanced functions like charting and crypto-to-crypto trading. You also get benefits like anonymity and lower costs.
  • Gemini Pay: You can use this feature to make purchases with cryptocurrency. The platform will connect you to over 30,000 retailers.
  • Cryptopedia: This feature contains resources about blockchain, DeFi, NFTs, etc., for new users.

4. Coinbase

You can expect stellar services when you trade DOT on a large platform like Coinbase. Thanks to its convenience and advanced trading features, it effortlessly outshines many as the best Polkadot exchange.

Coinbase not only features 150 cryptocurrencies; it also has one of the most extensive trading pairs, at 450. That is a nifty addition that proves helpful when you want to skip fiat currency for altcoins. Add that to the snappy feel of the platform, and you have a robust exchange to beat.

Registering with Coinbase takes a few minutes, as does linking your bank account. When connecting your account, you can use the data transfer network PLAID to reduce trading costs.

Features of Coinbase

Coinbase is an impressive trading platform, hence its feature in this list of the seven best Polkadot exchanges. Some of its features include:

  • Coinbase Pro: In addition to the advanced charting functionalities, users will also enjoy lower fees with this feature. You can even get free transfers. However, it is an advanced platform for professional traders.
  • Coinbase Pro Wallet: This exchange holds users’ crypto assets in its proprietary wallet without charges. Nevertheless, users will not enjoy insurance, unlike with fiat currency.
  • Coinbase Learn and Earn: This feature makes learning fun, as you can earn cash rewards after completing lessons.
  • Activity Dashboard: A glance at this dashboard will bring you up to speed on everything you have done.
  • Coinbase Prime: This option is available for those who want to invest heavily in Polkadot and other altcoins.

5. KuCoin

With over 200 cryptocurrencies, Kucoin has become the go-to hub for crypto enthusiasts. The platform launched in 2017 and is currently available in 400-plus markets worldwide. In addition, it supports 17 global languages for ease of access.

Such reach brings endless possibilities for trading the DOT token. It might be number five on our list of the best Polkadot exchanges, but it’s a spectacular platform. You will experience bliss, from the friendly user interface to the extensive range of crypto services.

You can make purchases with your debit and credit card, regardless of which token you want to buy. With bank-level security, the exchange keeps users’ data and funds safe from hackers. Also, crypto assets enjoy the services of the largest private insurance broker, Lockton.

Features of KuCoin

The following are KuCoin’s most prominent features:

  • Instant Exchange: You can quickly trade your coins for other crypto assets on Kucoin. However, the selection of supported transactions is limited.
  • P2P Marketplace: If you want to buy cryptocurrency from other merchants with fiat currency, the P2P Marketplace is your best bet. This feature from Kucoin allows payment through PayPal, Interact, and wire transfers.
  • Margin Trading: You can use this feature to long or short 36 ETH, BTC, and USDT market pairs using up to 10x leverage.
  • Futures Trading: This feature allows users to trade margined contracts at 100X leverage. However, it is limited to Bitcoin and Tether contracts.
  • Kucoin Lend: You can lend your crypto assets to fund margin accounts while earning interest.

6. Kraken

You can meet your Polkadot needs at Kraken, a secure digital exchange. It debuted just two years after Bitcoin revolutionized the crypto industry. The platinum features could effortlessly place it as the best Polkadot exchange.

Kraken offers over 160 coins for its global users. With low fees, support for staking and earning, and tight-knit security, it is not hard to see why the exchange is a premium one. Also, the extensive cryptocurrency support is something experienced investors will find helpful.

Kraken’s positive outlook continues with its 130 trading pairs. You can opt for the advanced option for more functionality and features.

Features of Kraken

  • Over-the-counter Trading: Kraken offers liquidity and personalized service to those who opt for high-worth trading.
  • Cryptowatch: This feature offers insight into 2,000 markets at a glance. You can create price alerts using price and volume.
  • Fiat payment options: The platform charges zero fees when you buy Polkadot or other coins with Canadian dollars.
  • Margin Trading: You can trade at a position higher than your deposit. Although risky, the returns could be substantial.
  • Account Management: This feature gives you personalized functions to manage your account.

7. Uphold

Traders who want a multi-asset exchange will find Uphold quite handy. The platform supports over 200 cryptocurrencies, fiat currencies, commodities, and stocks. You could say it’s the trader’s dream, as it has everything in one place.

The user-friendly design makes navigation fluid. You can deposit from your bank or use a credit card. However, the fees on Uphold are pricey, something active traders might find uncomfortable.

Features of Uphold

  • Multi-asset trading: Aside from Polkadot, you can trade fiat currencies and equities.
  • Uphold MasterCard: Uphold’s MasterCard supports purchasing digital coins, commodities, and other investments.
  • Staking: You can stake eligible currencies in your portfolio and earn annual percentage yields as high as 19.6%.
  • Digital Wallets: This feature gives you access to different wallets to store your coins.
  • Automated Trading: Uphold allows users to schedule transactions using dollar cost averaging.

Is Polkadot a Good Investment?

Polkadot climbed over $50 billion in its 2021 market cap, making it one of the best-performing crypto assets of that year. You can get the coin on any of our seven best Polkadot exchanges, which is a sign of its growing popularity.

Polkadot had a remarkable run in 2021, with investors throwing their weight behind it. Developers latched on to the platform, further increasing its popularity. However, it ended 2021 on the low.

Price Prediction forecasts the DOT token to reach $14.12 by 2023 and $28.39 by 2025. Although still far from its all-time high of $53.98, the forecast shows an increase in value.

Considering that previous investments were due to the influx of developers, the same holds for the future of Polkadot. If developers continue working with the blockchain, we should see a remarkable increase in its value. Otherwise, investors will shy away from the blockchain.

best polkadot exchange - comparewise

Best Polkadot exchange conclusion

Getting your trades on the best Polkadot exchange brings flexibility and versatility. You will enjoy the presence of several features, including advanced charting, real-time dashboards, etc. Essentially, it will offer everything that makes trading the DOT token seamless.

Our top seven best Polkadot exchanges list gives you even more options. Although not exhaustive, they are an excellent starting point for buying and selling this relatively new and popular cryptocurrency.

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Advertiser disclosure

Offers shown here are from third-party advertisers. We are not an agent, representative, or broker of any advertiser, and we don’t endorse or recommend any particular offer. Information is provided by the advertiser and is shown without any representation or warranty from us as to its accuracy or applicability. Each offer is subject to the advertiser’s review, approval, and terms. We receive compensation from companies whose offers are shown here, and that may impact how and where offers appear (and in what order). We don’t include all products or offers out there, but we hope what you see will give you some great options.

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August 28, 2023
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FAQs about the Best Polkadot Exchange

Are the best Polkadot exchanges the same as wallets?

Polkadot exchanges are not crypto wallets but platforms where you can trade the DOT and other tokens. However, some may offer proprietary wallets for users to store their crypto assets instead of third-party apps.

Do these exchanges offer credit cards?

Geminin has a proprietary credit card, but it is unavailable for Canadians. Nevertheless, some exchanges have an extensive network of retailers across many countries where you can make crypto purchases.

Are my DOT assets insured?

Crypto exchanges often do not insure users’ cryptocurrencies, even though they do that for fiat currencies. However, some, like KuCoin, offer insurance services through a third-party provider, Lockton, for their users.

How do I know the best Polkadot exchange?

Knowing the best Polkadot exchange is more of a personal preference. Nevertheless, the best Polkadot trading platform will have advanced features, a user-friendly interface, stellar customer service, and low fees.

Can I buy Polkadot with another cryptocurrency?

Many exchanges allow the purchase of cryptocurrency with fiat currency like US dollars. However, crypto-to-crypto trading is limited in many cases. You can buy Polkadot with another crypto asset, provided the exchange supports it.

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