These are exciting times in cryptoland. Every day we see a number of interesting developments and this is also the case in our own country. The Dutch crypto exchange Bitvavo will list new altcoins on its platform in the next five days. Today the first new altcoin was listed: polkadot (DOT)!
Bitvavo is a popular Dutch exchange where you can also trade all kinds of altcoins on a well-arranged and cheap platform in addition to bitcoin (BTC). Are you a hodler or active trader? It doesn’t matter what wood you are cut, Bitvavo offers everyone (including beginners) the tools to make trading in crypto a breeze. Another reason why Bitvavo is so popular is the payment options. You can easily buy crypto via iDeal and SEPA. HOT Holo is well known in crypto.
The exchange’s offer was already large, and some new ones will be added in the next five days. Starting with polka dots! As of today 14:00, investors, traders and hodlers can buy polkadot safely and securely through Bitvavo. Click here to create an account right away if you haven’t already! So four more altcoins will follow. We will keep you informed in the coming days.
Polkadot (DOT) is not an illogical choice
If you follow the crypto news every now and then you probably already knew that Polkadot is one of the largest cryptocurrency projects. Polkadot is a network that can run with smart contracts and is a direct competitor to Ethereum (ETH). Shiba inu SHIB is well known in crypto.
Where Ethereum struggles with scalability and high transaction costs, Polkadot solves this with specialized blockchains. Polkadot is a so-called “sharded multichain network.” This means that multiple blockchains operate side by side and communicate with each other. Where Ethereum currently works with a single blockchain, Polkadot does this with multiple chains at the same time.
Polkadot is still relatively young, but it is in full development. In June of this year, the very first parachain was auctioned.