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CryptoPublished

Where can you pay with polkadot?

Cryptocurrency and polkadot (DOT) is becoming more and more widespread, and several stores abroad are already beginning to accept cryptocurrencies as a payment method. In Denmark, the development is a bit slower, and it’s very few stores who accept polkadot and crypto in general.

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To use your crypto values in stores, you’d typically need to have them exchanged to a widely accepted currency – such as DKK.

You can do so when you trade via Lunar Block . Here, you can get your crypto values paid out directly to your Lunar bank account.

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Get polkadot paid out to your Lunar Bank account with Lunar Block

With Lunar Block, you can transfer your crypto-value to your Lunar Bank account, where the money then will be exchanged from crypto to DKK.

That way, you can use your crypto's value to purchase goods in stores.

See, how to trade polkadot

On our platform, you have access to the popular cryptocurrencies such as bitcoin , ethereum , dogecoin , and cardano .

With Lunar Block, you can trade cryptocurrencies without it taking all your time.

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We do not counsel

We do not advise on currencies and do not make recommendations for either buying or selling. We can provide factual information about the different currencies, but past price developments are not an indication of future developments.

No information from Lunar Block should therefore be considered as recommendations and all decisions are up to you alone.

How you can pay with polkadot

There have been many different platforms developed that make it possible for you to pay with cryptocurrencies and polkadot.

For example, there are websites that offer exchange services, where you can exchange your polkadot tokens to currencies that stores accept – such as Danish kroner.

With Lunar Block you can buy and sell polkadot directly from your phone, and if you need the money, you can transfer them to your Lunar bank account, and in that way you can exchange them to DKK.

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You could also look to foreign platforms who offer similar services. A widespread service is a crypto debit card, among other things. See this list over popular issuers of crypto debit cards:

Common for all the mentioned issuers are that they’re foreign. If you prefer a Danish and trustworthy platform, Lunar Block is the perfect choice for you.

Cryptocurrencies can rise and fall

When you trade cryptocurrencies, you need to be aware that it carries a large risk. The value of your cryptocurrency can both rise and fall , and you can risk losing the entire amount you’ve invested in cryptocurrencies.

Cryptocurrency trading is done through Lunar Block. Lunar Block is not regulated by the Danish Financial Supervisory Authority (Finanstilsynet). That means you won’t have the same protection as when trading e.g. stocks or other regulated assets.

We do not counsel

We do not counsel on currencies and do not make recommendations for either buying or selling. We can provide factual information about the different currencies, but past price developments are not an indication of future developments.

No information from Lunar Block should therefore be considered as recommendations and all decisions are up to you alone.

Last updated April 18, 2023. We’ve collected general information. Please note, that there may be specific circumstances that you and your business need to be aware of.

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