Polkadot (DOT) is now one of the most popular cryptocurrencies. It is the ninth-largest cryptocurrency, according to coimarketcap. Polkadot, which was just created a year ago, has attracted a lot of attention from bulls, investors, and developers as one of the most inventive crypto efforts. In the United Kingdom, there are several exchanges where you may purchase Polkadot. The top ones are mentioned below, taking into account costs, ease of use, and speed.
Binance is currently the world’s largest cryptocurrency exchange in terms of trading volume and liquidity. There are hundreds of tradable pairs on this marketplace, many of which feature Polkadot. Polkadot may be exchanged for Bitcoin, Binance Coin, Tether (USDT), and a variety of other cryptocurrencies. Trading costs are as low as 0.10 percent at this top-rated bitcoin exchange. You must first fill your Binance account with a cryptocurrency in order to take advantage of this reduced trading charge. If you do this, a £1 Polkadot transaction will cost you only £1 in fee.
However, the costs for purchasing Polkadot on Binance using a debit or credit card are much higher. It is now at a rate of 3%. This implies that a £1,000 Polkadot purchase will set you back £30 in fees. It had previously been fixed at 2%.
Uphold is a leading exchange in the United Kingdom. It is a seasoned and forward-thinking cryptocurrency exchange platform that caters to all trading needs across a wide range of cryptocurrencies, including Polkadot (DOT). Apart from the trading platform’s simplicity of use and creative features, the company’s reputation stands out. Uphold is a cryptocurrency exchange with a very user-friendly desktop and mobile software.
On both desktop and mobile, the exchange view is entirely customizable with the assets you trade the most, and it has an easy-to-navigate, modern feel. It is a popular and appropriate choice, particularly for beginners. The trading platform makes purchasing cryptocurrency extremely simple. You may purchase immediately from your deposit method with only a few clicks, without having to wait for cash to clear your account. This one-step ordering is another another innovation from a corporation that prides itself on its platform’s usability. In addition, they have also made it possible to execute limit orders.
eToro accepts a wide range of cryptocurrencies. Polkadot may be purchased and stored easily on this platform. The FCA backs eToro, which is a relatively secure exchange platform. You can invest in cryptocurrencies without having to pay any fees. Furthermore, when buying cryptocurrencies in the UK via debit cards, credit cards, bank transfers, or e-wallets like Paypal, Skrill, and Neteller, eToro costs only 0.5 percent. You may also invest in cryptocurrencies in tiny sums using eToro. This equates to a minimum order value of $25.