Buy Polkamarkets (POLK)
What is Polkamarkets?
Polkamarkets is a Web3-powered prediction market platform that allows users to forecast events in various categories such as sports, crypto prices, politics, and entertainment. It is a decentralized and interoperable platform built to leverage DeFi technology and cross-chain integration with networks like Ethereum, Polygon, Moonbeam, and Moonriver.
How does Polkamarkets work?
Polkamarkets operates as a decentralized prediction market protocol where users can trade on the outcomes of real-world events. It uses Automated Market Maker (AMM) mechanisms for managing trades and liquidity autonomously. The platform supports prediction markets on EVM-compatible blockchains, ensuring transparency and decentralization through smart contracts.
What are the potential use cases for Polkamarkets?
Polkamarkets can be used in various industries, such as:
- Media and Entertainment: Engaging users with prediction games.
- Financial Markets: Providing insights into market trends.
- Sports and Esports: Offering a decentralized alternative to traditional betting.
- Political and Social Predictions: Forecasting political outcomes and social trends.
What is the history of Polkamarkets?
Polkamarkets was founded by Ricardo Marques, Francisco Lourenço, and Henrique Caiano. Since its inception, it has aimed to create a decentralized prediction market platform powered by DeFi technologies. Significant milestones include its integration with multiple blockchains, the launch of its POLK token, and the incorporation of NFTs for enhanced user engagement. The platform is built on and integrates with the Polkadot network for interoperability and scalability.
Coin Contract Addresses
Related Assets
Resources
Learn More About Polkamarkets
Frequently Asked Questions (FAQs)
What is the current price of Polkamarkets (POLK)?
The Polkamarkets price is $0.02853886 AUD, representing a -1.46% from the day prior.
Where is the best place to buy Polkamarkets (POLK) in Australia?
The best place to buy Polkamarkets (POLK) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell Polkamarkets (POLK) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.
What is the daily trading volume of Polkamarkets (POLK)?
The trading volume of Polkamarkets (POLK) is $237.6K AUD in the last 24hrs, representing a -1.46% from the day prior.
How can I buy Polkamarkets (POLK)?
Polkamarkets (POLK) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.
What is the market cap of Polkamarkets (POLK)?
The current market cap of Polkamarkets (POLK) is $2.7M AUD.
Can I convert Polkamarkets (POLK) to cash?
Yes - With Coinstash you can convert your Polkamarkets (POLK) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.
How many Polkamarkets (POLK) are there?
The current circulating supply of Polkamarkets (POLK) is 100.0M.
Is Coinstash a safe place to buy Polkamarkets (POLK) in Australia?
Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling Polkamarkets (POLK) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices.