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Buy polkadot quickly and easily

Trading polkadot doesn’t have to be hard. With us, it’s easy - even for you, who hasn’t tried trading with cryptocurrencies before. With Lunar Block you can buy and sell polkadot in a matter of minutes directly from your phone.

Follow polkadot's (DOT) rate

We’re cooperating with three of the world’s largest crypto exchanges, Coinbase , Kraken , and Bitstamp , and we’re giving you the best rate across them. In the app, you can follow the rate and get the overview of polkadot’s - also known as DOT - developments around the clock.

Since polkadot joined the market in May 2017, the rate has gone up. For example, if you purchased 3,000 DKK worth of DOT in the beginning of 2021, it would be around 16,800 DKK in August 2021, according to Coinbase.

Be aware that the rate of polkadot - just like any other cryptocurrency - is affected by demand. That can result in large fluctuations . Polkadot can be worth a lot one day, and fall drastically in value the next.

You need to be aware of that risk, before you trade with this or any other cryptocurrency.

Polkadot 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.

What is polkadot? Get a quick overview

Since the first cryptocurrency, bitcoin , saw the light of day in 2009, many more have entered the picture. One of the newer cryptocurrencies is polkadot, which entered the market in 2017. Polkadot was developed by Dr. Gavin Wood, who also helped create ethereum.

What makes polkadot special is that it’s a cryptocurrency and blockchain technology, with a purpose of making it possible for other blockchains in the world to communicate. Right now, for example, it's not possible for bitcoin and ethereum to communicate with each other. To do so, a type of “bridge” is needed to connect them.

And that’s exactly what polkadot tries to be.

Read more about what the idea behind polkadot is here .

Buy polkadot with ease of mind

The best place to trade polkadot is where you can buy and sell with complete peace of mind. You can do just that with Lunar Block. Why? Because with Lunar Block you’re buying and selling cryptocurrency on a Danish platform which is easy to understand. There are no unintelligible buzzwords, and you always know exactly what you’re paying for.

For you it also means that you can get any gains paid out directly to your Lunar bank account - without it costing you extra.

Remember, that there’s always a risk connected to cryptocurrency trading. You can yield large gains, but you could also risk losing the entire amount you’ve used to purchase crypto.

Try looking at our blog post “Are cryptocurrencies a good investment? ”.

Buy Polkadot for a set, low price

Some investment platforms who offer crypto demand a fee, when you have to deposit money and withdraw it again for example. It’s not like that with Lunar Block. We actually don’t have any pointless fees.

Instead, you’re getting a set, low trading price on 2,5% to buy and sell polkadot. If you have Lunar Premium, it’s 1,5% - and with Lunar Pro, that price is just 1%.

Guide to tax reporting

When you trade polkadot, it’s your own responsibility to report any gains or losses to Skat annually. We know, Skat can be quite the jungle to navigate, so we’re here to help.

You’re getting the overview of your polkadot trades in the Lunar app. Every year, we’ll send you an overview along with a guide on how to report your polkadot trades. With our step-by-step guide, it won’t take you long to report your taxes.

See how we help with reporting to Skat

How to get started with polkadot

  • 1

    Download Lunar for free

    Download Lunar in the App Store or Google Play. Remember to have your photo ID ready.

  • 2

    Sign up to Lunar Block in the app

    Find Lunar Block under ‘Products’ and sign up. First, you’ll be asked to take a test about crypto - among others, to make sure that you’re aware of the risks involved. You can learn more about the risks in the app before you take the test.

  • 3

    Buy polkadot with a swipe

    When we’ve approved you, you can buy crypto right away - for example, polkadot - in the app, and buy with a single swipe.

Frequently asked questions - answered

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 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.