Coinbase added DOT to its pro trading platform, increasing the possibility of soaring value for Ethereum’s rival.
- Users of Coinbase can now trade and store DOT using android and iOS applications in eligible Coinbase regions.
- Polkadot network provides a platform for integrating different blockchains improving the transfer of assets and data. Investors are excited with the listing as DOT’s specialized blockchain technology will be important in creating a single network.
- The native token, DOT, is useful in staking and validating transactions on the blockchain network and connecting new transaction links like ether tokens. Crypto investors favor investing in DOT over Ethereum because it is faster and cheaper.
In the current year, Polkadot’s value was expanded by 200%, making it the 9th largest cryptocurrency, with an estimated market value of $23 billion.
DOT gains +0.40%.
Source: Markets Insider.