Trade polkadot with ease and speed

Trading cryptocurrency doesn’t need to be hard. We’re making it easy - even for you, who has never tried trading cryptocurrency before. With Lunar Block, you can buy and sell polkadot in a matter of minutes - directly from your phone.

Follow the polkadot (DOT) rate

We’re cooperating with three of the world’s largest exchanges, Coinbase, Kraken and Bitstamp, and we’re giving you the best rates across the exchanges. In the app, you can follow the exchange rate and get an overview of how polkadot - also known as DOT - develops by the minute.

Since polkadot entered the market in May 2020, the exchange rate has gone up. To exemplify, if you purchased 3.000 DKK’s worth of DOTS at the beginning of 2021, it would have been around 16.800 DKK by August 2021, according to Coinbase.

Be aware that the exchange rate for polkadot - like all other cryptocurrencies - is affected by demand. It can fluctuate greatly. Polkadot can be worth a lot one day, and decrease drastically in value the next. You need to be aware of this risk when trading this or other cryptocurrencies.

Be aware of risks

When you trade cryptocurrency, you have to be aware that all trading involves risk. The value of cryptocurrency can go both up and down, and in some cases, you may lose the entire amount you have purchased cryptocurrency with. 

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, a lot more have entered the market. One of the newest cryptocurrencies is polkadot, which entered the market in 2017. Polkadot was developed by Gavin Wood, who also helped found ethereum.

Do you want to trade polkadot? With us, you can do so in a matter of minutes - without creating a wallet for your purchase. You’re trading via our trading platform, Lunar Block, which makes it easy and transparent to buy and sell cryptocurrencies.

Buy polkadot with ease of mind

The best place to trade polkadot is where you can buy and sell with peace of mind. You can do so with us.

Why? Because with Lunar Block, you’re buying and selling cryptocurrencies from a Danish, transparent platform.

For you, it also means that you can always get your potential gains paid out. You’ll get it paid out to your Lunar account.

Please, remember that there’s a risk when trading cryptocurrencies. You can yield big gains, but you can also lose the entire amount you initially bought crypto with.

Trade Polkadot for a set, low price

Some investment platforms that offer crypto require fees, for example when you deposit money and withdraw it again. We don’t do that at Lunar. On the contrary, we have no pointless fees.

Instead, you’re getting a low, set trading price of 2,5% for buying or selling polkadot - and if you have Lunar Pro, it’s just 1%.

Easy tax reporting

When you’re trading Polkadot, you have to report your gains or losses to the Danish Tax Authorities (Skat), annually. We know Skat can be a bit of an enigma, so we’re helping you on your way.

You can quickly get an overview of your Polkadot trades in the Lunar app. Every year, we’ll also send you the overview in your mail along with a guide on how to report your Polkadot trades to the tax authorities. With our step-for-step guidance, it’ll just take you a few minutes.

See how taxation on polkadot works

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

We won’t advise you about buying and selling. We can provide factual information about the different currencies, but past price developments are not an indication of future developments. We do not advise on currencies and do not make recommendations for either buying or selling. No information from Lunar Block should therefore be considered as recommendations and all decisions are up to you alone.