How much does 1 DOT cost today?

As of right now, 1 DOT costs $1.50 CAD. The price is updated live from CoinGecko and changes throughout the day based on global trading activity.

How do I buy Polkadot in Canada?

Canadians can buy Polkadot on regulated Canadian exchanges such as Bitbuy, Newton, NDAX, Wealthsimple Crypto, and Shakepay. Polkadot is also available on major international exchanges (Coinbase, Kraken, Binance) and as spot ETFs in some cases. Always confirm the platform is registered with the Canadian Securities Administrators (CSA) before depositing funds.

How is Polkadot taxed in Canada?

In Canada, the CRA treats cryptocurrency as a commodity rather than a currency. Selling, trading, or spending Polkadot triggers a capital gain or loss — 50% of which is taxable as income at your marginal rate. If you trade Polkadot frequently or as a business, the CRA may treat profits as 100% taxable business income. Keep detailed records of every transaction, including date, amount, fair market value in CAD, and counterparty.

Is Polkadot a good investment?

This page does not provide investment advice. Polkadot is a volatile asset — historical price swings have included gains and losses of more than 50% within single calendar years. Before investing, understand your time horizon, risk tolerance, and only invest what you can afford to lose. Consider using our DCA Simulator to test how dollar-cost-averaging into Polkadot would have performed historically.

Can I stake Polkadot?

Yes. Polkadot uses a Nominated Proof of Stake (NPoS) consensus mechanism, which means holders can stake their tokens to help secure the network and earn rewards. Most major Canadian and international exchanges offer one-click staking for Polkadot. You can estimate potential staking returns using our Crypto Staking Calculator.

Polkadot Price (DOT)

Rank #48 by market cap

            CA$1.50
        

24H Change +1.40%

7D Change -11.71%

Market Cap $2.54B

24H Volume $283.46M

24H High CA$1.56

24H Low CA$1.44

USD CAD EUR

Price Chart

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About Polkadot

A multi-chain network that connects independent blockchains together.

Polkadot is a layer-0 protocol launched in 2020 by Ethereum co-founder Gavin Wood. Polkadot connects multiple independent blockchains (called "parachains") into a single interoperable network, sharing security through its central relay chain. The native token DOT is used for governance, staking, and bonding parachain slots.

Polkadot is used by projects that need a custom blockchain but want shared security with other chains. Parachain examples include Acala (DeFi), Moonbeam (EVM compatibility), and Astar (smart contracts). DOT holders can stake to earn rewards or participate in governance votes that decide protocol upgrades.

Key facts

Category	Layer 0 / Interoperability
Launched	2020
Consensus	Nominated Proof of Stake (NPoS)
Supply	Uncapped, inflationary at ~10% annually with rates adjustable by governance.
Founder	Gavin Wood (via Web3 Foundation and Parity Technologies)
Official site	https://polkadot.network