Dear KuCoin Users,
KuCoin is extremely proud to announce that yet another great project will be coming to our trading platform. Polkadot (DOT) will be available on KuCoin very soon. Supported trading pairs include DOT/USDT and DOT/BTC.
The DOT redenomination will occur when the block number is 1,248,328 (Earliest time: 00:40:00 on August 22, 2020 (UTC+8)). To support the DOT redenomination, KuCoin will open the deposit and trading services after the process is finished. New DOT after the redenomination will be 100x smaller than the old DOT.
Please take note of the following schedule:
(*This timeline might change based on the real finishing time of the DOT redenomination, any changes will be announced separately. So please take notice of any further announcements)
Project Summary
Polkadot is an open-source project founded by the Web3 Foundation. Polkadot is a sharded protocol that enables blockchain networks to operate together. The DOT token serves three distinct purposes: governance over the network, staking, and bonding.
The total supply of DOT(old) is 10,000,000.
Website: https://polkadot.network/
Whitepaper: https://polkadot.network/PolkaDotPaper.pdf
Risk Warning: Investing in cryptocurrency is akin to being a venture capital investor. The cryptocurrency market is available worldwide 24 x 7 for trading with no market close or open times. Please do your own risk assessment when deciding how to invest in cryptocurrency and blockchain technology. KuCoin attempts to screen all tokens before they come to market, however, even with the best due diligence, there are still risks when investing. KuCoin is not liable for investment gains or losses.
The KuCoin Team.