Polkadot (DOT) is now on Ka.app! It’s the 10th crypto on our list and is also the first token we’ve added to our platform this year.
Just like other digital currencies on Ka.app, DOT is available for various transactions, such as cross-border payments, crypto swaps, and more!
What is DOT?
DOT is the native cryptocurrency of Polkadot, a scalable network that implements a unique parachain (or parallel chain) architecture. This system enables developers to construct applications on a parachain that will function on many different platforms, including Ethereum.
DOT has two primary purposes in the Polkadot network: a governance token that gives owners the power to influence the protocol's future, which is how the network confirms transactions and generates new DOT.
Many crypto enthusiasts also use DOT for trading, crypto payments, and benefits multiplication.
6 Ways to Use DOT on Ka.app
Here are some ways you can make the most of DOT on Ka.app:
1. Send DOT for free to other Ka.app users
Yes, with no transaction fees. Sending funds to other Ka.app users is free if they accept them in the same currency (i.e., sent in DOT and received in DOT).
2. Receive other payments in DOT
Our app has an Easy Swap Engine that allows you to receive payments in your preferred currency. For instance, another user can send you Bitcoin (BTC), but you can automatically receive that BTC payment in DOT.
3. Quick international transfers
Speed is one of the best aspects of Ka.app. All sorts of transactions, including international transfers using DOT, usually take just a few seconds.
4. Swap DOT for other currencies and vice versa
Convert DOT to other cryptocurrencies in the app in just a few taps. These include BTC, Ethereum (ETH), Polygon (MATIC), Cardano (ADA), Binance Coin (BNB), KASTA, Tether (USDT), USD Coin (USDC), and Binance USD (BUSD). Swapping DOT for euro and vice versa will also be available soon.
5. Store DOT safely
Ka.app is a secure crypto wallet, so you can HODL DOT assets without worries. We use a multi-layer security system that prevents cyber attacks and internal collusions. At the same time, we comply with legal requirements that protect you against fraud, money laundering, illegal transactions, and more.
6. Deposit and withdraw DOT
Whether using a wallet address or a QR code, you can easily deposit and withdraw DOT to and from the app with our simple UI/UX.
Stay Tuned for More!
A lot of exciting things happened for Ka.app in the past few months: we acquired our Italy license, joined the UAE foreign investment initiative, hosted several giveaways, and there’s more to come!
Our team is working on cash features such as the availability of euros and IBAN on the app, euro swaps, the Ka.app debit card, the web app version of Ka.app, and more! Stay tuned and connect with us on social media to get updates about our newest offerings
FAQ
What is Ka.app?
Ka.app is an easy-to-use digital payment platform that allows you to quickly send, receive, and swap different types of digital currencies. It also enables you to lock up KASTA tokens and receive benefits.
Who founded Ka.app?
Ka.app was co-founded by company Chief Executive Officer Carl Roegind, Chief Technology Officer (CTO) Sebastian Appelberg, and Chief Product Officer Hans-H Lusmägi.
When was Ka.app launched?
Ka.app went live in June 2022.
