ETH to DOT conversion chart
Ethereum to Polkadot correlation
According to the correlation analysis ETH and DOT have a strong relationship with each other and correlated. Whenever there is a change in the price of ETH then DOT also tends to follow the same pattern and move together.
ETH Price Change and Market Cap
Currently, the ETH price is 484.80 DOT. According to the Ethereum price chart, the 24-hour change is 1.33%. The total market capitalization of Ethereum is $30809588 with 30585611.28 ETH in circulation. In the previous 24 hours, the Ethereum price hit highs of 498.9 DOT and lows of 466.14 DOT.
Ethereum Price Prediction
Ethereum is the second most valuable cryptocurrency with a market cap of over $26 Billion as of June 2020. Though there is a huge difference in price between the Ether and Bitcoin, Ethereum is one of the most profitable cryptocurrencies and has an ROI of 8,441.71%. Ethereum price hit an all-time high of $1,432.88 on January 13, 2018. At the beginning of January 2020, Ethereum price was around $130 and grew rapidly in the next few weeks to reach $282.78 in mid-February. By the end of the first quarter, Ethereum price dropped by over a hundred dollars.
In a long-term, 2025 to be more precise, Ethereum price is expected to hit the ten thousand dollar mark. By 2030, Ethereum is predicted to be traded at around $5,000. Though these predictions sound too good to be true, Ethereum has all the potential to hit those prices with adoption and Ethereum 2.0.
Ethereum Wallets
Don't have an ETH wallet yet? Check out our guide to find a perfect match.
We also recommend Trezor, CoolWallet S and Exodus, where you can keep track of live ETH prices as well as instantly exchange Ethereum in the wallet through ChangeHero swap service. Pick one which suits you the best.
ETH to DOT exchange margin
Considering today’s exchange rate, a transaction of 1 ETH to DOT would result in an output of 484.80 DOT.
How to convert Ethereum to Polkadot
Ethereum and Polkadot comparison
Though Bitcoin started the cryptocurrency industry, limited application hindered mass adoption. Ethereum is a decentralized blockchain platform which features smart contracts and enables the development of Decentralized Applications (dapps). Ether (ETH) is the native cryptocurrency of the Ethereum network. ETH can be used to access the network, make payments, trading and also as a store of value.
Polkadot is a keystone Web 3.0 protocol designed for blockchain interoperability. It unites independent blockchains into a system in which they can interact with each other. More than that, on Polkadot data of any type can travel between and on blockchains. Polkadot itself is a sharding blockchain which allows for creation of parachains. Parachains are individual sub-chains of the network, which are customisable, can be adjusted for specific use cases and have their own tokens. The native token of the network uses the ticker DOT and is used in governance and parachain auctions.
What is Ethereum?
Ethereum revolutionized the blockchain by enabling developers to create smart contracts, self-executable programs which process transactions automatically when preset conditions were met. Also, Ethereum enables the development of decentralized applications on the blockchain. Ethereum was launched in 2014 as an open-source platform by Vitalik Buterin along with Gavin Wood, Charles Hoskinson, Anthony Di Lorio and Joseph Lubin.
Ethereum expanded the reach of the blockchain technology which was previously limited to payment systems. Ethereum is a second-generation blockchain and aims to become the “world computer” by replacing the client-server technology with nodes on the blockchain. Ethereum’s capability of hosting applications gave rise to many new tokens on the platform.
Ether is the native cryptocurrency of the Ethereum blockchain and goes with the ticker ETH. Ethereum uses the Proof-of-Work consensus algorithm for confirming transactions and securing the network. Ether is issued through mining and can be used by the developers to pay for the developing, hosting applications and also to process transactions.
Ethereum to Polkadot price details
ETH to DOT Conversion Rate and Price
Currently, the conversion rate for 1 ETH equals to 484.80 DOT. The 24-hour highest price of Ethereum in relation to DOT was 498.9 DOT and the lowest was 466.14 DOT. In short, ETH price in relation to DOT changed by 1.33%.
Instantly Exchange ETH to DOT
On ChangeHero you can instantly exchange Ethereum to Polkadot without registrations. You can easily convert ETH to DOT in a few clicks without worrying about the rates and fees. ChangeHero offers both Best Rate and Fixed Rate for your ETH to DOT exchange.
ETH to DOT Best Rate Exchange
In the the Best Rate exchange of Ethereum to Polkadot, we search through various exchanges for the ETH to DOT pair and find the best rate available in the market. We provide you with an estimation of the amount of DOT you will receive.
As soon as you accept the terms and the ETH is deposited, the exchange will be automatically processed. We remind you that the final amount of DOT you receive may vary slightly due to the volatility in the price of the cryptocurrencies which affects the conversion rate of ETH to DOT.
ETH to DOT Fixed Rate Conversion
In the the Fixed Rate exchange of Ethereum to Polkadot, ChangeHero finds a good rate for the pair ETH to DOT and fix the rate for up to 15 minutes. In the Best Rate exchange of ETH to DOT, you will receive the exact amount of DOT which was shown in the estimate.
ChangeHero is a non-custodial service and never holds your cryptocurrency. As soon as the exchange is completed, we send your assets to the specified DOT address. ChangeHero is the best place to exchange ETH to DOT fast and safe at the best rates.
Frequently asked questions
How long does it take to convert ETH to DOT?
Usually, it takes around 15 minutes but the time may vary depending on how busy the network is.
Do I need an account to exchange ETH to DOT?
No, you do not require an account to swap ETH to DOT on ChangeHero. There will be no registrations for your Ethereum to Polkadot transaction.
Do I need to go through KYC procedures for ETH to DOT exchange?
There will be no KYC for the ETH to DOT exchange. However, if our threat detection system raises the alarm then we ask you to complete a simple verification procedure which takes a few minutes.
Can I exchange DOT to ETH?
Yes, you can instantly exchange DOT to ETH on ChangeHero.
