CoinSpot Will Support the Polkadot (DOT) Redenomination Plan

Please note Polkadot (DOT) tokens on CoinSpot are traded in the post-redenominated tokens at 1:100 denomination, meaning on CoinSpot, 1 Polkadot (DOT) has already been divided into 100 Polkadot (DOT), and no changes will occur!

At block #1,248,328 (estimated to occur at 22/08/2020 2:40 AM AEST), Polkadot (DOT) is changing its denomination.

This means that if the price of 1 Polkadot (DOT) is $400, it will then become $4, assuming the price does not change, and each user will be credited 100 Polkadot (DOT) for each 1 Polkadot (DOT).

CoinSpot is already trading at the future change in denomination, meaning On CoinSpot 1 Polkadot (DOT) has already been divided into 100 Polkadot (DOT), and no changes will occur.

Polkadot (DOT) deposits and withdrawals will open when the change has been officially made on the blockchain after block #1,248,328

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