BTC to DOT conversion chart
Bitcoin to Polkadot correlation
According to the correlation analysis BTC and DOT have a strong relationship with each other and correlated. Whenever there is a change in the price of BTC then DOT also tends to follow the same pattern and move together.
BTC Price Change and Market Cap
Currently, the BTC price is 16477.18 DOT. According to the Bitcoin price chart, the 24-hour change is 3.64%. The total market capitalization of Bitcoin is $217993 with 225505.16 BTC in circulation. In the previous 24 hours, the Bitcoin price hit highs of 17392.48 DOT and lows of 16320.2 DOT.
Bitcoin Price Prediction
Bitcoin is the most valuable cryptocurrency with a market cap of over $170 Billion as of June 2020. BTC is popular for the huge return on investments with a ROI close to 7,000%. Bitcoin price reached a peak of $20,089.00 on December 17, 2017. At the beginning of 2020, the Bitcoin price was $7,207.59 and it grew exponentially for the whole of January. In February, BTC price crossed the long-awaited ten thousand dollar mark. Unfortunately, Bitcoin price plummeted in the following months and BTC touched the lows of $4,656.31 on March 16 alongside the COVID-19 pandemic outbreak.
Technical analysis suggests that by 2025, Bitcoin price will be closer to $100,000. On the other hand, many crypto enthusiasts suggest that Bitcoin will hit the Million Dollar mark in 2025, we want it to happen too. For more detailed Bitcoin price prediction check our detailed analysis below.
Bitcoin Wallets
Don’t have a wallet yet?
If you are looking for a software wallet, pick Exodus, if security is your major priority, choose either Trezor or CoolWallet S. In all these wallets you can track the live bitcoin price as well as other cryptocurrencies. Either way, you will be able to exchange Bitcoin at the best rates with ChangeHero in these wallets.
BTC to DOT exchange margin
The closing conversion rate for BTC to DOT yesterday was {{LAST}}. Considering today’s exchange rate, a transaction of 1 BTC to DOT would result in an output of 16477.18 DOT.
How to convert Bitcoin to Polkadot
Bitcoin and Polkadot comparison
Bitcoin was developed by Satoshi Nakamoto in 2009 with an idea of providing a peer-to-peer payment system using the blockchain technology. Bitcoin network is decentralized and an immutable record of transactions. The sole purpose of Bitcoin is to enable a means of payment system for people to transact value without any middlemen.
Polkadot is a keystone Web 3.0 protocol designed for blockchain interoperability. It unites independent blockchains into a system in which they can interact with each other. More than that, on Polkadot data of any type can travel between and on blockchains. Polkadot itself is a sharding blockchain which allows for creation of parachains. Parachains are individual sub-chains of the network, which are customisable, can be adjusted for specific use cases and have their own tokens. The native token of the network uses the ticker DOT and is used in governance and parachain auctions.
What is Bitcoin?
Bitcoin is a blockchain-based digital currency; it is a peer-to-peer version of electronic cash which allows the payments to be made without any intermediaries such as financial institutions. Bitcoin trades under the ticker symbol BTC. Launched in 2009 by Satoshi Nakamoto, Bitcoin is aimed at giving the masses financial freedom and developing a trustless economy.
Bitcoin is the first cryptocurrency based on blockchain technology. BTC remains to be the most popular digital currencies despite the inception of plenty of altcoins. In recent years, Bitcoin price sky-rocketed and captured the attention of many investors all over the world. Many merchants across the globe are now accepting payments in this cryptocurrency.
Some of the advantages of using the Bitcoin include lower transaction fees, high security and decentralization. The impact of this cryptocurrency is so huge that it led to the development of many other virtual currencies often referred to as altcoins. Bitcoin laid the foundation for the much-needed cryptocurrency industry in the past decade.
Bitcoin to Polkadot price details
BTC to DOT Conversion Rate and Price
Currently, the conversion rate for 1 BTC equals to 16477.18 DOT. The 24-hour highest price of Bitcoin in relation to DOT was 17392.48 DOT and the lowest was 16320.2 DOT. In short, BTC price in relation to DOT changed by 3.64%.
Instantly Exchange BTC to DOT
On ChangeHero you can instantly exchange Bitcoin to Polkadot without registrations. You can easily convert BTC to DOT in a few clicks without worrying about the rates and fees. ChangeHero offers both Best Rate and Fixed Rate for your BTC to DOT exchange.
BTC to DOT Best Rate Exchange
In the the Best Rate exchange of Bitcoin to Polkadot, we search through various exchanges for the BTC to DOT pair and find the best rate available in the market. We provide you with an estimation of the amount of DOT you will receive.
As soon as you accept the terms and the BTC is deposited, the exchange will be automatically processed. We remind you that the final amount of DOT you receive may vary slightly due to the volatility in the price of the cryptocurrencies which affects the conversion rate of BTC to DOT.
BTC to DOT Fixed Rate Conversion
In the the Fixed Rate exchange of Bitcoin to Polkadot, ChangeHero finds a good rate for the pair BTC to DOT and fix the rate for up to 15 minutes. In the Best Rate exchange of BTC to DOT, you will receive the exact amount of DOT which was shown in the estimate.
ChangeHero is a non-custodial service and never holds your cryptocurrency. As soon as the exchange is completed, we send your assets to the specified DOT address. ChangeHero is the best place to exchange BTC to DOT fast and safe at the best rates.
Frequently asked questions
How long does it take to convert BTC to DOT?
Usually, it takes around 15 minutes but the time may vary depending on how busy the network is.
Do I need an account to exchange BTC to DOT?
No, you do not require an account to swap BTC to DOT on ChangeHero. There will be no registrations for your Bitcoin to Polkadot transaction.
Do I need to go through KYC procedures for BTC to DOT exchange?
There will be no KYC for the BTC to DOT exchange. However, if our threat detection system raises the alarm then we ask you to complete a simple verification procedure which takes a few minutes.
Can I exchange DOT to BTC?
Yes, you can instantly exchange DOT to BTC on ChangeHero.
Buy and sell Bitcoin
Are you looking to buy Bitcoin? Now, on ChangeHero you can buy Bitcoin with credit or debit card. Also, you can see your cryptocurrency on ChangeHero to US Dollars and Euro. Give it a try.
