Where To Buy Polkadot Coin In The US?

Polkadot (DOT) is the newest coin in the cryptocurrency world. Therefore, buying options are minimal. For US residents, this option narrows further. In this article, we described a few trusted places from where you can buy Polkadot coins.

Kraken:
Kraken is the best place for buying and staking Polkadot (DOT). There are no other better alternatives than this. Kraken also gives the industry’s highest staking reward for Polkadot (up to 12%), and there’s no minimum DOT requirement.

For example, if you have a Polkadot account with the official https://polkadot.js.org/apps/ wallet, you need a minimum of 180 DOT for staking reward. Please visit https://polkaview.network/dot to know about the current minimum requirement for reward on the Polkadot network. For many, 180 DOT is too much.

However, Kraken does not have any minimum requirements. Even if you hold 3 DOTs, you are eligible for a 12% staking reward. Furthermore, Kraken will not lock your coin for 28 days. For example, if you stake on the official Polkadot network, they will lock your DOTs for 28 days.

The only problem with Kraken is that they don’t support ACH transactions. Kraken also doesn’t have any option to deposit funds using a debit or credit card in the US. Though it supports Wire transfer, most banks in the US charge exorbitant wire transfer fees. However, there’s a workaround to deposit USD to Kraken through ACH. We will discuss it in the Coinbase section below.