Where and how to buy polkadot in Nauru
Step-by-step guide
Step 1: Create a Bitget account.
Step 2: Complete Bitget's identity verification.
Step 3: Place a polkadot order through any of the various payment options provided.
Credit/Debit in the Buy Crypto tab of the Bitget app
Credit/Debit in the Buy Crypto tab of the Bitget website
Add a new card to complete your payment on the Bitget app
Enter your bank card details to complete your payment on the Bitget website
Step 4:Monitor polkadot in your Bitget spot account
Alternative methods to obtain polkadot in Nauru
Convert crypto to polkadot with Bitget Convert
Swap on-chain assets to polkadot with Bitget Swap
Methods to obtain polkadot for free
Buy other cryptos
Buy polkadot in a different country
How to buy polkadot in other countries?
What can you do with polkadot?
Store/Hold polkadot
Many users hold on to their polkadot with the expectation of it increasing in value. You can store your DOT safely on your Bitget account or on our crypto wallet app BG Wallet, the most user-friendly and secure mobile wallet.
Trade polkadot
You can trade polkadot for 150+ cryptocurrencies on Bitget’s industry-leading, fast, and secure trading platform. Bitget offers many trading pairs for polkadot trading to meet your needs.
Send polkadot
Yes, Bitget allows you to easily transfer value around the world, fast. You can buy polkadot online and send to anyone and anywhere with their polkadot address.
Spend polkadot
You can also buy goods and services with your polkadot. More and more vendors and retailers accept polkadot every day.
Donate polkadot
Bitget Charity accepts polkadot donations for global projects that aim to improve the lives of people in the bottom billion. You can donate polkadot so no one misses out on the growth made possible by blockchain.
Learn More About polkadot
You can read more in-depth articles on polkadot from Bitget Research and study how cryptocurrencies like polkadot work on Bitget Academy
Market stats to assist in determining optimal times for purchasing polkadot
What is Polkadot (DOT)?
Polkadot is a public decentralized multi-chain network that prioritizes interoperability and scalability while not compromising on security. The network was founded by Gavin Wood, co-creator of Ethereum, and raised USD 145 million in its high-profile ICO in 2017. As one of the biggest projects supported by the Web3 Foundation, it is undoubtedly a project worth one's attention.
How Polkadot (DOT) Works
Unlike the majority of public blockchain networks, Polkadot introduces great infrastructure improvements. It consists of one main blockchain called the "Relay Chain", and quite a few independent sub-chains called "parachains". The Relay Chain is responsible for security, governance, and data validation. Each parachain is independent and customizable to every developer's needs. Though the parachains operate independently, they benefit from the security and interoperability of the Relay Chain, as there exist many bridges among the parachains and between the Polkadot network and other blockchain networks. At the moment, it is estimated that about 100 parachains are working in Polkadot.
Because of such a multilayered structure, Polkadot can achieve speed, security, and scalability at the same time, and is thus considered among the most scalable public blockchains, even more so than layer-2 solutions.
Polkadot uses the Nominated Proof of Stake (NPoS) consensus algorithm, in which DOT holders can act as one of four stakeholders of the blockchain as follows:
- Nominators: pick validators, and secure the Relay Chain
- Validators: take part in consensus, and validate proofs from collators
- Collators: keep track of transaction records on parachains, and send such records to the Relay Chain
- Fishermen: report unusual behaviors in the network
How Many DOT Tokens Are in Circulation?
DOT is the native token of the Polkadot blockchain that can be used for staking and governance. There is no hard cap for DOT. The current DOT amount in circulation is 1.12 billion.
How to Buy Polkadot (DOT)
Consider investing in Polkadot (DOT)? It only takes 2 minutes to create an account on Bitget and start trading DOT.
Check out the available DOT trading pairs on Bitget!
Futures Market
Spot Market
Polkadot Resources
Buy polkadot in Nauru with Bitget
How to safely store your polkadot
- Sign up and transfer DOT to your Bitget account.
- Alternatively, use Bitget Wallet as a self-custody solution for your DOT.
How to withdraw polkadot with Bitget's hassle-free withdrawal process
Nauru, previously known as Pleasant Island, is an island microstate in the Central Pacific. With a total area of 21 km2 and a total population of 10,834, the microstate uses Australian dollar (AUD) as the national currency while having Nauruan and English as the official languages. Nauru consists of only one oval-shaped island that has rich phosphate deposits. Because of phosphate mining, a lot of plant and animal species of Nauru have disappeared.
The three biggest districts of Nauru are Aiwo, Anabar, and Anetan. The country has distinct cultures and customs. If you decide to visit Nauru, you can explore the beautiful sceneries of Anibare Bay, Moqua Well, or Buada Lagoon. In Nauru, you can use AUD to purchase polkadot(DOT) in just a matter of minutes with Bitget. Our exchange offers a series of secure payment options to make trading easier for you, including P2P trading, crypto deposits, and other third-party merchants such as Apple Pay, Google Pay, and different credit card services.
DOT to local currency
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