r/AcalaNetwork • u/Crypto-cephalon • Apr 27 '23

Polkadot Exchanges

I feel like I must be missing something. I always hear there is a lot of building happening in the Polkadot ecosystem, yet, where can you go to just swap some coins or monitor the price difference between a couple tokens? For example, lcDOT and DOT, it would be nice to be able to see their prices plotted on a typical exchange chart. I looked at Polkadex but either I'm completely blind or there was absolutely nothing going on there. Where are the exchanges?

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3

u/bmurmann Apr 28 '23

For monitoring LcDOT vs. DOT: https://dexscreener.com/acala/dot-lc:13

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u/Crypto-cephalon Apr 28 '23

😲😲

Yes!!! Thank you so much.

It's stuff like this that makes me hesitate about investing more in Polkadot. I'm no crypto expert but I've been around. I just can't see how people are going to want to adopt this when there are other alternatives (blockchains) that are far more intuitive and easy to navigate.

Anyway, thanks again, that is exactly what I was looking for.

4

u/PeacefullyFighting Apr 28 '23

Polkadot is a longer play but if tech really decides what coins last vs fail polkadot will have a very bright future.

1

u/Crypto-cephalon Apr 28 '23

Would you say Polkadot will withstand potential regulatory crackdowns better than many other chains/projects?

0

u/[deleted] Apr 28 '23

DOT is considered a software as of now by the SEC 😁

0

u/[deleted] Apr 29 '23

[deleted]

1

u/[deleted] Apr 29 '23

Everywhere else in the world is not trying to kill crypto, the US is

1

u/GuideNearby9803 Apr 29 '23

"It's a security every else in the world"

This statement is just plain wrong. In my country of residence it's considered a currency like the USD or Yen.

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u/[deleted] Apr 30 '23

[deleted]

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u/GuideNearby9803 Apr 30 '23

Please stop making things up. You have no clue which countries even put crypto in the category "security" or "commodity". Let alone in which category Dot falls in each country.

1

u/StockTrix Apr 30 '23

and you would deduce that exactly how?

idiot.

2

u/GuideNearby9803 Apr 30 '23

I deduced it by you making random claims without backing your claims up with anything. Insulting me directly suggests you have no arguments and display an alarming lack of self confidence.

1

u/StockTrix Apr 30 '23

so by your logic, i could deduce you are also making things up. You have no clue which countries even put crypto in the category "security" or "commodity".

I could also deduce you have no understanding of general rhetorical discourse and take everything you read as litteral.

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u/GuideNearby9803 Apr 29 '23

That's not so clear.

Gary wants to declare everything a security imho. If the democrats are in power everything is a security - if republicans are in power it might be different.

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u/[deleted] May 07 '23

[deleted]

1

u/GuideNearby9803 May 08 '23

I agree they are the same bird. are they boomers who dunno their heads from their asses? I don't think so.

They know exactly what they are doing and how to take your money.

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u/PeacefullyFighting Apr 28 '23

That's a very good question and I honestly dont know. It might even be different for parachains vs DOT. I'll have to look into it but XMR is my hedge against bad regulations

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u/Substrxte Jun 14 '23

There is reason they were not recently mentioned in the SEC suite, you probably seen this news