List of DOT currency issuance and listed trading platforms

What is DOT currency?

DOT coin is the native token of the Polkadot network, a scalable blockchain network designed to connect other blockchains. DOT coins are used to pay network fees, stake to ensure network security, and participate in network governance.

DOT coin issuance

The total issuance of DOT coins is 1 billion, of which 40% is used for community sales and 30% is used for Web3 Foundation and Parity Technologies , 20% will be used for community rewards, and 10% will be used for early investors and contributors.

List of listed trading platforms for DOT coins

DOT coins are currently listed on the following mainstream trading platforms:

• Binance
• Coinbase
• Huobi
• KuCoin
• Kraken
• FTX
• Gate.io

Detailed introduction:

1. Network fees: DOT coins are used to pay transaction fees on the Polkadot network, including cross-chain transactions, smart contract execution and governance processes.
2. Staking: DOT coin holders can help ensure network security and operational stability by staking. Stakers verify transactions and block malicious activity, and in return they receive network rewards.
3. Governance: DOT token holders have governance rights and can participate in network decisions through voting, such as motion approval, on-chain upgrades and financial management.
4. Issuance: The issuance of 1 billion DOT coins ensures the decentralization of the network and avoids a large concentration of tokens.
5. Trading platform: Users can buy, sell and trade DOT coins on the above-mentioned mainstream trading platforms, providing them with extensive liquidity and accessibility.

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