Gemini Adds Support for New Blockchain Network: Polkadot (DOT)

We are thrilled to announce support for Polkadot (DOT), which adds a new blockchain network to Gemini’s growing list of supported networks!

DOT is now available for trading on our API/FIX and ActiveTrader applications for USD trading pairs, and on the Gemini Mobile App and website for USD, GBP, EUR, CAD, SGD, HKD, and AUD pairs!*

Adding Polkadot to our list of supported networks is a major milestone on our journey to expand access to the vast crypto ecosystem. Polkadot enables simplified cross-blockchain transfers. Going beyond simple coin transfers, Polkadot’s cross-chain system supports a wide variety of data and asset transfers between different blockchains. Using Substrate, Polkadot’s blockchain development framework, engineers can quickly create custom blockchains; and by connecting to Polkadot, external blockchains can leverage interoperability and advanced security architecture with simplified application development.

Note: There is a 1 DOT deposit minimum. When withdrawing DOT from Gemini, make sure that you withdraw to a DOT-compatible wallet address.

With the addition of Polkadot, Gemini is now compatible with 10 blockchain networks, including: Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Litecoin (LTC), Bitcoin Cash (BCH), Zcash (ZEC), Filecoin (FIL), Dogecoin (DOGE), and Tezos (XTZ).

Gemini supports more than 110 tokens! Learn more about all the tokens we support for trading and/or custody here.

We look forward to supporting new crypto projects on our mission to unlock the next era of financial, creative, and personal freedom.

Onward and Upward!

Team Gemini

*DOT can be stored in Gemini’s exchange wallet but is not yet available in Gemini Custody.

Updated: July 7, 2022

Learn more about Polkadot (DOT)

Polkadot is a multi-chain blockchain intended to facilitate interoperability between blockchains. It uses a proof-of-stake consensus mechanism, which means it consumes a small fraction of the energy used by other blockchains. Polkadot was developed by Gavin Wood, one of the original Ethereum founders and the developer of the Solidity programming language. The original whitepaper describes Polkadot as a “sharded version of Ethereum” in which any Polkadot-based chain can interact without relying on third party intermediaries. DOT is the native token on the Polkadot network, used for transaction fees, governance, interoperability, and bonding.

Explore Polkadot (DOT) on Cryptopedia:

Polkadot (DOT): Envisioning Web 3.0
The Blockchain Architecture of Polkadot (DOT)
Polkadot (DOT) Governance and Cryptoeconomics