What is Polkadot (DOT)?

Polkadot is a secure, decentralized and scalable multi-chain platform for the next generation of the Internet. It is built using Substrate – a framework for building consistency and specialized blockchain systems with pre-built components. Polkadot aims to provide a fully decentralized network under user control by providing an interoperable protocol that uses segmentation to scale the network.

DOT is the native currency of the Polkadot network, and Planck is its smallest unit. Unlike many other digital currencies, DOT has no supply cap. This is to incentivize the network and dynamically change the network based on the user’s staking participation rate, increasing by up to 10% per year.

What is polkadot gambling

Although the Polkadot project has been around for over five years, its launch was as recently as 2020. Currently, this network is considered one of the most curious and ambitious crypto projects. If you look at the price change of DOT, it’s pretty obvious. Over the past year, the coin has rarely left the top 10 cryptocurrencies by market cap.

The Polkadot platform is often compared to projects like Ethereum, Cardano, Tezos or Solana, mainly because of some of the innovative ideas behind it. The high speed and low cost of transactions make Polkadot a good alternative to the aforementioned tokens and many others if you are using DOT tokens as a form of payment.

The growing interest in Polkadot is a good reason to take a closer look at the cryptocurrency and learn more about its ins and outs. Some cryptocurrency casinos have implemented it as a deposit method, allowing their users to place bets with DOTs.

Can I bet Polkadot (DOT) in gambling site?

Currently, the best Polkadot casinos are sites that operate legally, do not deceive customers, and offer great service. The scarcity of options creates difficult conditions. Therefore, detailed reviews of game collections, quality of customer support, and bonus offers must be put on the waiting list. Below we recommend to you the best site to bet your crypto, see below.

Cloudbet crypto features all your favorite games, from casino, live casino, Esports and sportsbetting. Cloudbet sportsbook offers a good value and high odds with a betting limits of 10 BTC.

Cloudbet Review Cloudbet Mirror

1xbit supported all cryptocurrency for both deposit and withdrawal, they also offer a bonus for new players 100% that matches their deposit 1 BTC plus 1 BTC receive bonus.

1xbit Review 1xbit Mirror