Required Legal Notice: Virtual currencies, real risks. The only guarantee in crypto is risk. Read more

Required Legal Notice: Virtual currencies, real risks. The only guarantee in crypto is risk. Warning: The value of your virtual currencies can rise or fall sharply, and your initial investment may be lost completely; virtual currencies are not covered by the guarantee funds that cover bank deposits; there is no legal mechanism on the virtual currencies market to prevent market manipulation or insider dealing; virtual currencies depend entirely on a specific computer technology and infrastructure, which in certain cases may be very recent and not yet adequately tested; if one loses the identification code or password giving access to the virtual wallet in which the virtual currency is stored, the currency held therein will be irretrievably lost; virtual currencies are currently accepted as a means of payment to a limited extent, and in most countries there is no legal obligation to accept them; for more information about the risks associated with an investment in virtual currencies, we advise you to read the Wikifin page What is a cryptocurrency? | Wikifin.

Polkadot (DOT) redenomination information

Last updated: 1 красавіка 2025 г.

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On August 18th, 2020 all Polkadot deposits currently pending on Kraken will be credited and DOT will be converted into “New DOT” which redenominates and splits each DOT into 100.
This means if you held 1 DOT before the 18th you will now hold 100 New DOT.
However, we will be keeping the name as DOT.
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The redenomination of the DOT will not affect the total value of your DOT balance.
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As soon as your DOT has been credited (change from “Confirming” status to “Success” status) they will be available for staking*.
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On August 21st transfers on the Polkadot mainnet will be enabled which means we will bring funding online so you may withdraw your DOTS.

More information can be found in our blog post from August 16th, 2020.

*An overview of eligibility criteria (including geographic restrictions) for On-chain staking can be found here.

Polkadot (DOT) redenomination information

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