Polkadot is a cutting-edge blockchain platform designed to offer a more scalable, interoperable, and secure infrastructure for decentralized applications. Created by Gavin Wood, a co-founder of Ethereum, Polkadot utilizes a unique multi-chain architecture that enables the creation of specialized "parachains" that can communicate with each other and other blockchains. This allows developers to build applications that can leverage the strengths of different blockchains and interact seamlessly. The platform's native token, DOT, is used for governance, staking, and transaction fees. With its innovative technology and strong community support, Polkadot is poised to become a major player in the blockchain industry.

Instrument specification for POLKADOT (DOTUSD)

Minimum order value 5
Description POLKADOT
Maximum order value 1000
Transaction Step 5
Type Cryptocurrency
Trading Hours sunday-thursday 00:00-22:59, 23:05-24:00;friday 00:00-21:59;saturday 09:00-22:59, 23:05-24:00
Contract size / 1 lot Price * 1 USD
Deposit required 50%
Value of 1 pip 0.0001
Financial leverage 2:1
Minimal step 0.0001
Long swap (daily) -0.09808%
Short sale YES
Short swap (daily) -0.06858%
Distance SL and TP 0
3-day swap (date) 5

Historical spreads chart DOTUSD

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