Best 5 Polkadot Exchanges & Brokers in 2024

This article will list the best Polkatdot exchanges and brokers in 2024, and the Pros and cons of each one so that you can make an informed decision. We also list the steps of buying DOT coins on Polkadot Exchanges and Brokers.

Author: Edith Reads   -   Last updated: 03/05/2024
Polkadot Header Image

Debuted in 2020, Polkadot is a distributed computing open-source blockchain platform. The network employs a proof-of-stake method to reach a consensus. Polkadot includes several revolutionary technological elements, such as running two blockchains, including relay chains and para-chains.

In this article, we’ll review the best Polkadot exchanges and brokers. Read on the reviews of each exchange and decide The best DOT Exchange for you.

Best 5 Polkadot (DOT) Exchanges in 2024

  • Min Deposit: $200
  • Number of Coins: 20+
  • Supports Multiple Languages
  • Regulated by FCA, ASIC & CySEC
  • Paypal, Debit & Credit Card Accepted
BankGiro PayMastercardNetellerPayPalSkrillUnionPayVisaYandex
Visit eToro

Capital At Risk

  • Min Deposit: 20 $£€ By Credit Card
  • Number of Coins: 26+
  • Regulated by FCA, CySEC, ASIC, SCA, & SCB
  • Place Buy & Sell CFDs Orders
  • Low Minimum Deposit

80.84% of retail CFD accounts lose money

  • Min Deposit: 1 $£€
  • Number of Coins: 50+
  • Regulated by SEC, & FinCEN
  • Place Buy & Sell CFDs Orders
  • Low Minimum Deposit
Visit Coinbase

Capital At Risk

  • Min Deposit: 1 $£€
  • Number of Coins: 1500+
  • High Number of Coins
  • Accepts Fiat Deposits
  • Trade on Spot and Futures
Visit Binance

Capital At Risk

  • Min Deposit: 1 $£€
  • Number of Coins: 50+
  • Highly transparent exchange
  • Competitive Bitcoin trading fees
  • Highly secure
Visit Kraken

Capital At Risk

What to Look for in Polkadot Exchanges?

Since multiple platforms are listing Polkadot, selecting the best one might become a difficult task to do. However, you can use the following guideline to make the right choice.

Trading Fees

Undoubtedly, buying or selling DOT coins involves transactions and the associated cost that matters. Therefore, it is crucial to confirm the relevant prices from the broker and compare them with other recommended platforms. Try to sign up with an exchange that seems affordable. Not to mention, choosing a high-cost platform can make you compromise on profitability.

Available Payment Methods

Your prospective crypto exchange or brokerage firm should be offering multiple payment methods, making it easy for you to pay. Look for the availability of your preferred payment method and the associated cost. Also, do not overlook the time your desired payment method takes to process a transaction to avoid inconvenience.

Easy-to-use Trading Platforms

Newbies should make sure that their selected platform is user-friendly. Most crypto intermediaries also provide a demo account. You can sign up for a demo account with your preferred trading platform and explore its services and features to assess if it is worth your investment.


Finally, checking out a platform’s reputation is also unavoidable. You should check the company’s reputation and collect as much information as possible. Start by reading online reviews and seeing what people say about the prospective firm. Avoid platforms with a history of hacking and other malpractices.

1. eToro – Best Polkadot Broker for Social Trading

Available Coins: 20+
Margin Trading: YES
Minimum Deposit: $200
Visit eToro

Capital At Risk

eToro is one of the leading social trading platforms founded in 2007. The firm is based in Israel and serves clients worldwide through its multiple regional offices. While clients can trade numerous financial instruments, including currencies, stocks, CFDs, commodities, ETFs, and cryptocurrencies, the brokerage firm is primarily famous for its state-of-the-art social trading services. Whether you are a novice trader or a veteran crypto enthusiast, generating passive income by replicating successful trades on eToro shouldn’t be an issue.

eToro – Best Polkadot Broker for Social Trading

Moreover, eToro’s user interface is pretty straightforward. The signing-up process is relatively quick, but you’ll need to submit proof of identity, which may take up to a day or two. The broker holds multiple regulations from top-tier regulatory bodies such as FCA, CySEC, and ASIC.

After signing up with the platform, you have multiple options to fund your account. The best part is that eToro doesn’t charge fees on deposits. The broker is a hybrid platform that allows clients to buy real DOT coins or open a CFD position using the leverage of 1:2 along with competitive spreads (i-e 1% on buying or selling all crypto assets). However, residents of some countries such as the U.K. can only purchase real crypto assets after FCA banned trading crypto derivatives. In addition to DOT, clients can trade more than 50 crypto coins on eToro, including BTC, ETH, BCH, XRP, DASH, LTC, ETC, ADA, MIOTA, XLM.

Although eToro offers 14 crypto-crosses, it currently doesn’t support DOT trading against any other crypto. Therefore, you can only trade DOT against USD (DOT/USD) at the moment.

Clients can seek customer support in multiple languages via all social media channels, such as Facebook, Twitter, and Instagram, except for the live chat feature primarily available for eToro club members.

Pros and cons of buying DOT on eToro



To find more details, please read our full 2024 eToro review.

How to Buy Polkadot (DOT) on eToro – Step By Step Guide

  1. Visit the eToro official website and click the Join now button available in the upper right corner.
     Polkadot Broker
  2. Enter your detail on the registration page, including your username, email I.D., and password, and click on create an account.
    Buy Polkadot (DOT) on eToro
  3. Sign in to your trading account using login credentials and complete the KYC process. You can also skip the KYC process and verify your identity later. However, it should not take you more than two weeks from the date of registration.
  4. Navigate to the Deposit Funds button on the dashboard and select your favourite payment option, i-e, credit/debit cards, e-wallets (Skrill, Neteller), bank transfer, etc.
    Select payment method for Polkadot broker eToro
  5. Enter your desired deposit amount and authenticate the transaction details. Once you have received funds in your account, you can initiate your position.
  6. Select “Trade Markets,” then “Crypto” on the dashboard. Find DOT using the search bar, enter the desired quantity of DOT, and click on “Open Trade”.
    Select Polkadot Coin

Note: Clients can deposit a maximum of $2250 without I.D. verification. Also, eToro allows clients to move non-leveraged tokens between their wallets and their eToro account.

 2. – Best DOT broker for CFD Trading

Available Coins: 26+
Margin Trading: Yes
Minimum Deposit: 20 $£€ By Credit Card

80.84% of retail CFD accounts lose money is a multi-asset broker offering trading services across numerous financial markets, including stocks, indices, commodities, and cryptocurrencies. It stands out for its low trading costs and AI-powered trading platform. Not to mention, the broker is best known for its seamless trading conditions to trade CFDs.

The broker accepts clients from almost all parts of the world, except a few jurisdictions, including the United States. Signing up with is quick and easy. The company has multiple deposit methods, making it convenient for clients to start. – Best DOT broker for CFD Trading’s cost structure is also outstanding. While there are no hidden fees or charges for deposits or withdrawals, the minimum deposit is $20, which is pretty much affordable. Since the broker employs variable spreads, calculating the exact cost to trade Polkadot and other crypto assets on is difficult. Not to mention, the broker also charges excessive fees on positions held overnight.

The company offers leverage of up to 1:2 for trading crypto CFDs. allows clients to trade more than 12 cryptocurrencies, including but not limited to Ripple, Cardano, Ethereum, Bitcoin, Dogecoin, Shiba Inu, MATIC, VeChain, Litecoin, TRON, etc. You can see the complete list of offerings and read the full 2024 review. customer service is also up to the mark, allowing clients to raise their concerns round-the-clock seven days a week.

Pros and Cons of purchasing Polkadot on



How to Buy Polkadot (DOT) on – Step By Step Guide

  1. Go to the official website of the broker i-e Click on the ‘Trade Now” button to access the registration page. Polkadot Broker
  2. Enter your details on the signup page, such as username & password, and click continue.
    Sign up at
  3. Click the ‘Fund Account’ button available at the top of the dashboard. In the pop-up window, select your desired payment option. Using credit or debit cards will speed up transactions. Apple Pay and bank transfers are other alternatives and may require 1-5 days for funds transfers.
    Payment method for Polkadot Broker
  4. Search for Polkadot in the top search bar to see all trading pairs for DOT.
    Polkadot (DOT)
  5. Select your desired trading pair and click ‘Trade’ on the side panel. The panel also shows any fees associated with the trade. Click ‘Buy’ to finish the deal.

Note: exclusively offers DOT CFD trading; tokens are non-transferable.

  3. Coinbase – Best Polkadot Exchange for Beginners

Available Coins: 50+
Margin Trading: No
Minimum Deposit: 1 $£€
Visit Coinbase

Capital At Risk

Coinbase is a decentralized crypto exchange that has been around for almost a decade. The company has grown into one of the world’s largest and most trusted crypto exchanges. It is also the world’s first crypto exchange to go public. Clients from almost all parts of the world can sign up with the exchange. The crypto platform comes in two versions. While newbies can use Coinbase’s regular exchange, skilled traders and institutions can opt for the Coinbase PRO.

The signup process is simple and fast but needs you to complete the KYC process. Also, unless your account is verified, the company doesn’t allow clients to buy DOT coins or other crypto assets. Whether you wish to trade on the primary exchange or prefer accessing Coinbase PRO, you can buy DOT tokens using multiple payment methods. Available options include debit cards and credit cards, e-Wallets (Skrill, PayPal, and Neteller), Bank transfers, SEPA (U.K.), Ideal, Sofort (Europe), and ACH (U.S.). When you buy or sell cryptocurrencies on Coinbase, the company employs a built-in spread in the crypto prices.

Therefore, it becomes difficult to ascertain the exact spread charge for a specific coin, including Polkadot. Since the platform doesn’t support derivative trading, you can’t open a CFD position on Coinbase. The crypto exchange offers a wide range of cryptocurrencies, including but not limited to Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), Aave (AAVE), Cardano (ADA), USD Coin (USDC), Dash (DASH), Dogecoin (DOGE). Available crypto-crosses on for trading Polkadot include DOT/USD, DOT/EUR, DOT/GBP, DOT/USDT, DOT/BTC.


Coinbase – Best Polkadot Exchange for Beginners

Coinbase asks for low minimum deposits. Clients can start as low as $50. While the exchange does not impose deposit fees, it may charge transactional fees depending on the selected currency and trading volume. In addition to offering clients seamless trading exposure, the company pays special attention to customer service. A multilingual customer support team always remains available to address clientele issues on a timely basis.

Pros and Cons of Buying Polkadot (DOT) on Coinbase



Check out our comprehensive Coinbase review 2024.

How to Buy Polkadot (DOT) on Coinbase – Step By Step Guide

  1.   Navigate to the Coinbase official website and click on the get started button available in the top right corner of the homepage.
    Create Account on Coinbase
  2.   Enter your details on the registration page and click open an account.
  3. Click on the Deposit Funds button available under the Portfolio tab on the dashboard. Depending on your location, the broker may allow you several options to add funds to your account, such as credit cards, debit cards, bank transfers, eWallets (Skrill, Neteller), etc.
  4.   Choose your favorite option, enter your desired amount and authenticate transaction details.
  5.   Right-click on the “BUY/SELL” tab and pick your desired crypto assets, such as DOT, from the list of available coins.
  6. Customize the deal by entering the desired cryptocurrency amount. Click the Buy button to complete the purchase.

Buy Polkadot (DOT) with Visa or MasterCard

Note: Coinbase offers you a built-in exchange wallet to hold your DOT coins. However, it is better to move them to a cold storage place after buying them from the exchange.

4. Binance – Best DOT Exchange for Low Fees

Available Coins: 1500+
Margin Trading: YES
Minimum Deposit: 1 $£€
Visit Binance

Capital At Risk

Binance is by far the largest cryptocurrency exchange in the world. It serves clients in over 200 countries and jurisdictions. Recently, Binance introduced a peer-to-peer crypto trading platform, making it easy for clients to find the best deals. The world’s most liquid exchange allows you to fill up your orders instantly without significant price gaps. Whether you buy DOT tokens or enter futures contracts, the platform offers you complete control over your trading preferences. Available DOT crosses on Binance include DOT/BTC, DOT/USDT, DOT/BUSD, DOT/BNB, DOT/ETH, DOT/AUD, DOT/BIDR, DOT/BRL, DOT/GBP, DOT/USD, DOT/EUR. Depending on the Maker/Taker fees tier, the platform charges between 0.10% and 0.15% when buying DOT coins on Binance. However, clients can avail 25% discount using BNB tokens. There are currently no leveraged products available for trading Polkadot on Binance. However, the crypto exchanges allow you to opt for margin trading using borrowed funds up to 10 times in value of collaterals.

Creating a Binance account is simple. While the crypto exchange usually accepts crypto deposits, clients can use the P2P platforms or third-party exchanges like Simplex, Shapeshift, or Moonpay to purchase DOT tokens on Binance. Clients can also buy more than 1000 cryptocurrencies on the exchange. Our detailed Binance review 2024 lists them, check it out.

Binance – Best DOT Exchange for Low Fees

The minimum deposit amount into Binance varies depending on your selected third-party exchange. However, the most negligible trading value is $1, and the maximum is $150. Binance doesn’t charge any fees on deposits and withdrawals; However, third-party exchanges may charge you a modest transaction fee.

While clients can’t buy crypto assets without I.D. verification, the company sets the maximum limit for each digital currency depending on the user’s verification level. The company also offers a hot wallet to keep your investment. Customer support at Binance appears a bit slower than most other competitive firms.

Pros and Cons of Buying Polkadot (DOT) on Binance



How to Buy Polkadot (DOT) on Binance – Step By Step Guide

1.  Go to US-based clients can access Binance.US to sign up.

2.  Click the “Register Now” option available on the top-right edge of the website. Enter your details on the registration form and proceed to the next step.

Polkadot (DOT) on Binance

3. Create a Binance account and verify it on the official website. To complete the KYC procedure, you must prove your identity. Fill out the registration form completely.

4. Log in and select the “Buy Crypto” button available in the dashboard to add funds to your account. Select your currency and payment method from the list of available options, including debit/credit cards, bank transfers, P2P trading, and third parties like Simplex. (We used credit/debit cards for this article.)

Login to Binance to Buy Polkadot (DOT)

5. Find DOT using the search bar, enter the amount of DOT coins you wish to purchase and provide authentication details. Ensure the name on your Binance account matches the name printed on your card. Else the company might decline your payment in compliance with AML guidelines.

Buy Polkadot (DOT) on Binance

6. After the payment is successful, your DOT tokens will appear in your account right away.

5. Kraken – Best Polkadot Exchange for Safe Storage

Available Coins: 50+
Margin Trading: YES
Minimum Deposit: 1 $£€
Visit Kraken

Capital At Risk

Kraken is a well-known name for trading cryptocurrencies, especially in strict regulatory jurisdictions, such as the United States. With dedicated measures for security assurance, the company offers instant trade execution, taking clientele experience to the next level. Besides spot trading, the crypto exchange allows you to trade DOT futures with a leverage of up to 1:5.

Kraken serves customers all around the world, including the U.S. Kraken lists more than 50 crypto assets, including but not limited to Monero, XMR, Monero; Moonbeam, GLMR, Polkadot; Moonriver, MOVR, Kusama; Nano, NANO, Nano; Ocean, OCEAN, and ERC-20. Available crypto-crosses on Kraken for trading Polkadot include DOT/BTC, DOT/ETH, DOT/USDT, DOT/USD, and DOT/EUR.

Kraken – Best Polkadot Exchange for Safe Storage

While the company has a seamless registration process, clients can choose between different payment methods to add funds to their accounts. Some popular options available on Kraken include debit cards, credit cards, wire transfers, bank transfers, and e-Wallets (Skrill, PayPal, Neteller).

The minimum deposit required to open an account with Kraken is $10 only. Clients can access the basic exchange version or switch to the Pro trading mode depending on personal preferences. Kraken charges trading fees, depending on factors, such as selected pair, the volume traded in the last 30 days, and your maker or taker status. Spreads between 0% and 2% are typical for most trading pairs on Kraken. However, the exact trading cost is shown at the time of order placement.

Pros and cons of buying Polkadot on Kraken



How to Buy Polkadot (DOT) on Kraken – Step By Step Guide

  1. Visit the official website at and click on the get started button to access the signup page.
  2. Select a verification level and upload relevant documents as required. While the Stater level needs phone number verification, seeking intermediate level verification would need you to provide a copy of your I.D. card and upload a selfie. You must bank statement and fulfill AML requirements to access the PRO level.
  3. On the dashboard, click on add funds to your account option and select your preferred payment method, such as debit cards, credit cards, Giro Pay, wire transfers, etc.
    Select Payment Method on Kraken Polkadot (DOT) Exchange
  4. Select your preferred currency and enter the amount you wish to deposit. Kraken allows clients to deposit in seven fiat currencies, including USD, CHF, GBP, AUD, CAD, JPY, and CHF.
  5.  Enter your payment details and authenticate them to complete the transaction.
    Select Payment method
  6. Access the dashboard, find Polkadot using the search bar available under the markets tab, and open the dialogue box.
  7. Indicate the type of order you wish to place after selecting your desired value and click on the buy button to initiate the order.

Note: Kraken exchange will transfer your DOT coins to your wallet right away.

Other Ways of Getting Polkadot (DOT)

Aside from buying DOT from brokerages, exchanges, and ATMs, additional ways to get DOT tokens are listed below.

Gift or Tip

Because of its low worth, people may wish to give it away as a tip or gift. While your friends and family can send you DOT coins as a gift, businesses shouldn’t be surprised to receive DOT tokens as a tip given to acknowledge their quality services. All you need is to have a supported wallet ready all the time.

Website faucets

Several faucet websites may also allow users to get some DOT coins for free. Anyone who wants a share can request one. Usually, faucet websites ask interested people to complete specific tasks such as form filling, posting gigs, playing games, or watching an advertisement, to receive free DOT coins.

How Can You Use DOT tokens?

After adding DOT coins to your portfolio, you may think about spending DOT tokens in the best way. Here are some suggestions.

1. HODL as a speculative asset

If you are risk-averse, then HODLing may be the best investment plan for you. That means keeping DOT coins in a crypto wallet for a long time. When you HODL, you anticipate that your crypto asset worth will appreciate over time. If you believe the coin’s value will rise in the future, buying them is worth it. However, the crypto market can crash anytime, leading you to incur severe losses. Therefore, do not invest the money you can’t afford to lose.

 2.  Altcoin trading

Most of the platforms mentioned here are brokers/exchanges. So you may use them for trading and earning DOT coins. Among the trading tactics available are day trading (profiting from daily DOT price changes) and CFD trading. Day trading is dangerous and paired with crypto’s volatility. You might lose a lot of money. So, before signing up for a real account, try learning skills using a demo account and practice as much as possible.

3. Pay for Services and Goods

DOT’s popularity has influenced its adoption. Sooner or later, businesses will start accepting DOT coins as a payment method for services and goods.

4. Donate to a charity

Like many other prominent cryptocurrencies, you can also give away your DOT coins for charitable purposes. Just find a charitable organization accepting DOT coins.


Polkadot has great potential because of its structure and technology in the blockchain world.

We have listed what we believe to be the best Polkadot exchanges in this article based on fees and simplicity. 

Each exchange has its own properties, advantages, and disadvantages. It is up to you to select an Exchange depending on your own preference, country, and requirements.


What exchanges is DOT on?

There are many exchanges where you can buy Polkadot (DOT) online. eToro, Binance, Houbi Global are among a huge list. We’ve listed our selected exchanges and brokers to buy DOT above.

Where Can I exchange Polkadot?

If you’ve selected an exchange or broker to trade Polkadot with, then you can use the exchange to trade Polkadot against other crypto coins or currencies.  Usually, the process is simple, and the trader will find exchanging a crypto coin accessible and easy.

Does eToro have Polkadot?

Yes. eToro will allow traders to buy and sell Polkadot. eToro follows up on the latest assets and added Polkadot as it is one of the most popular assets recently.

Does Polkadot have a decentralized exchange?

Yes, Polkadex is a decentralized peer-to-peer cryptocurrency exchange for the DeFi ecosystem

What is a decentralized exchange (DEX)?

Decentralized exchange (shortly known as DEX) is a peer-to-peer network where people can trade cryptocurrencies in a non-custodial manner (no need for a third party to complete the exchange of cryptocurrency).

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