BTC → DOT: swap details at ROVEN exchange
Exchanging BTC for DOT is useful when you rebalance a portfolio or want to move from one network to another without buying stablecoins in between. At ROVEN exchange the coins are swapped directly, and the rate is locked when you create the order.
Bitcoin (BTC) is the first and largest cryptocurrency, with a capped supply of 21 million coins. Polkadot (DOT) is Gavin Wood’s network that unites many parachain blockchains under shared security.
Why swap BTC for DOT
Shifting between BTC and DOT is a normal part of managing a portfolio: you change your exposure without cashing out to fiat. With DOT you get access to the apps, staking and tokens of the Polkadot network.
Networks and addresses
| You send BTC | You receive DOT | |
|---|---|---|
| Network | Bitcoin | Polkadot |
| Address | “bc1…”, “1…” or “3…” | starts with “1” |
| Network speed | a block comes roughly every 10 minutes | a block comes every 6 seconds |
| Memo / tag | Not needed | Not needed |
What to watch out for
- When sending BTC, set a normal network fee: with a low fee the transfer can get stuck for hours.
- A new Polkadot address must receive at least 1 DOT, the account’s minimum balance.
- The rate is locked for 30 minutes: send BTC within that time and you’ll receive exactly the amount shown in the order.
How long the swap takes
Swap speed depends on both networks. On Bitcoin, a block comes roughly every 10 minutes; on Polkadot, a block comes every 6 seconds. The whole BTC to DOT swap usually takes 5 to 30 minutes once your transfer is confirmed.
Right now ROVEN exchange swaps BTC for DOT at 1 BTC = 82 721.46 DOT, with a minimum of 0.000625 BTC. Fill in the form above: no sign-up is needed, and you can track the order status online.
