Details about Binance-Peg Polkadot cryptocurrency
€314,812
11,000,000
38.391
Unknown
https://polkadot.network/
@Polkadot
16896x
€111176
Binance-Peg Polkadot price charts
DOT exchanges
Binance-Peg Polkadot, the crypto
Binance-Peg Polkadot (DOT) is a cryptocurrency that is pegged to the value of Polkadot (DOT), a decentralized blockchain platform. It is issued on the Binance Smart Chain and can be traded on the Binance exchange.
The point
The main point of Binance-Peg Polkadot (DOT) is to provide traders with an easy way to gain exposure to the Polkadot network and its native cryptocurrency, DOT, without having to directly buy and hold DOT. It allows users to trade DOT without having to worry about the complexities of storing and securing their own DOT tokens.
The problem
Binance-Peg Polkadot (DOT) tries to solve the problem of accessibility and convenience for traders who want to invest in DOT. By providing a token that is pegged to the value of DOT and can be traded on the Binance exchange, it makes it easier for traders to gain exposure to DOT without having to navigate the complexities of buying and storing DOT directly.
Compare DOT and BTC performance
| Timeframe | DOT | BTC |
|---|---|---|
| 1h change | -3.589 % | 0.0273948 % |
| 24h change | -5.47 % | 0.132108 % |
| 7 day change | 6.85 % | 4.34499 % |
| 14 day change | -14.18 % | -2.41834 % |
| 30 day change | -25.28 % | 0.364837 % |
| 200 day change | 69.95 % | 135.369 % |
| Year change | 21.48 % | 150.504 % |