Polkadot is a unique proof-of-stake blockchain that enables cross-chain transfers of any type of data or asset. Polkadot was created by Gavin Wood, one of the co-founders of Ethereum, and is backed by a $1 billion investment from Chinese tech giant Webank.
Polkadot is one of the most highly anticipated projects in the cryptocurrency space, and its native token, DOT, is currently ranked as the 5th largest cryptocurrency by market capitalization.
Binance is the world’s largest cryptocurrency exchange by trading volume, and it has been one of the most active exchanges in listing new cryptocurrencies and tokens. Binance has not yet listed DOT, but there is significant demand from traders for the exchange to do so.
It is important to note that Polkadot is not currently listed on Binance. Any rumors or suggestions otherwise should be confirmed with reliable sources before making any transactions. Investing in cryptocurrencies can be risky and you should always research the project thoroughly before investing in it.
Binance CEO Changpeng Zhao has said that the exchange is considering listing DOT, but no final decision has been made.
If Binance does list DOT, it is likely to have a positive impact on the price of the token. Binance listings have often resulted in sharp increases in trading volume and price for the listed asset.
For example, when Binance listed Ethereum Classic in August 2016, the price of ETC rose by more than 50% within 24 hours. Given the high level of interest in Polkadot and DOT, it is likely that a Binance listing would result in a similar price increase.
The ultimate decision on whether or not to list DOT on Binance will be made by Changpeng Zhao and his team. However, given the strong demand from traders and the potential for a significant price increase if DOT is listed, it seems likely that Binance will eventually list Polkadot’s native token.