Is Dot a coin or token?

The DOT token is used for staking and governance; it can be bought or sold on Coinbase and other exchanges. Polkadot, like many post-Bitcoin cryptocurrencies, is both a token that can be bought or sold via exchanges like Coinbase and a decentralized protocol.

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What are Polkadot coins?

Polkadot is a protocol that connects blockchains — allowing value and data to be sent across previously incompatible networks (Bitcoin and Ethereum, for example). It’s also designed to be fast and scalable. The DOT token is used for staking and governance; it can be bought or sold on Coinbase and other exchanges.

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What coin is dot?

DOT is the native cryptocurrency of Polkadot ; a blockchain interoperability protocol founded in 2016. It is a sharded blockchain, meaning it connects several different chains together in a single network, allowing them to process transactions in parallel and exchange data between chains without sacrificing security.

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How much is dot coin worth?

DOT Price Statistics Polkadot Price$20.6924h Low / 24h High$19.82 / $20.78Trading Volume24h$1,334,082,283.67 26.67%Volume / Market Cap0.06528Market Dominance1.06%Polkadot price today, DOT to USD live, marketcap and chart coinmarketcap.com › currencies › polkadot-new

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