Polkadot reviews for beginners

What is polkadot?

It was created to enable external networks as well as customized layer one 'para-chains' to communicate, creating an interconnected internet of block-chain.

Is Cryptocurrency legal in the United States of America, United Kingdom, Australia, and Canada?






Yes! Cryptocurrency is legal. 

Although, some states and regions in United States of America, United Kingdom, Australia, and Canada don’t just allow their citizens to get involved in it unless they obtain a license.

Is trading Cryptocurrency illegal in the United States of America, United Kingdom, Australia, and Canada?

It is not illegal in some states and regions like United States of America, United Kingdom, Australia, and Canada because most cryptocurrency exchange trading platforms obtains license from the government. 

These platforms are also regulated by well known finance regulatory bodies.









Is a non-US alien required to pay taxes (to IRS) in the United States of America, United Kingdom, Australia, and Canada?

Yea! Whether you are in United Kingdom, Australia, or Canada you will be taxed as long as you own taxable assets in United States of America. 

United States of America has even declared cryptocurrencies as taxable assets same as real estate properties and has also recommended www c r y p t o t r a d e r tax.

Is it possible to convert polkadot (or cryptocurrencies) in the United States of America, United Kingdom, Australia, and Canada?

It is very possible because there are cryptocurrency exchange trading platform like www k u coin com.

It allows you convert any cryptocurrency into another. 

Is it legal in the USA to trade other people's cryptocurrencies in the United States of America, United Kingdom, Australia, and Canada?





Yes! If a crypto-currency exchange trading plat-form is licensed and allowed to operate in any country, then they are automatically legal to trade.

Is it possible for polkadot to become a legal currency in the in the United States of America, United Kingdom, Australia, and Canada?

Not now but some investors, entrepreneurs and top business owners are gradually embarrassing cryptocurrency as part of their product purchasing currency. 

For instance, elon musk purchased $1500000000Billion worth of bitcoin for his Telsa electric cars company and others. 

He is a strong promoter of dogecoin cryptocurrency and the force behind the increase in dogecoin’s price in the market. 

An online business can easily accept p o l k a d o t by adding it to their payment methods.

PS - T e l s a Company is giving out free electric cars when you sign up bit s t a r z com account

How can I buy polkadot as a non-US resident in the United States of America, United Kingdom, Australia, and Canada?

You can buy polkadot through cryptocurrency exchange trading platforms from any where in the world including United States of America. 

All you have to do is to provide the crypto platform with any document they need to enable them verify your account and for security measures. (K Y C verification and 2 F A authentication)

How to set up your own cryptocurrency exchange in the United States of America, United Kingdom, Australia, and Canada?

Be sure that the country allows individuals to own a cryptocurrency exchange trading platform. 

Then, you enquire from other cryptocurrency investors to know how to go about it. 

After getting the right information, then you need to seek for funding by sharing you business plan with a reliable person who is willing to invest into the plan. 

At this point, you have received funds to launch the cryptocurrency exchange trading platform; it’s time to engage social media influencers, popular figures and advertisement in other to get known and test how saturated the market is.










How can a US citizen buy polkadot in the United States of America, United Kingdom, Australia, and Canada?

You can buy polkadot through cryptocurrency exchange trading platforms in United States of America. 

All you have to do is to provide the company with any document they need to enable them verify your account and for security measures. (K Y C verification and 2 F A authentication)

How do you safely buy polkadot as a minor in the United States of America, United Kingdom, Australia, and Canada?









You can buy polkadot even as a minor at cryptocurrency exchange trading platforms like www c h a n g e l l y com, www p a x f u l com, www k r a k e n com, www l u n o com, tidex app, www cex io, www m e r c u r y o io, www local bitcoins com, www xcoins com, www liquid com, www k u coin com, or www prime x b t com. 

All you need to do is to create a gmail account for your registration and provide the required documents by the crypto exchange platform for verification to avoid scam or hackers.

How do I pay tax for trading cryptocurrency in United States of America, United Kingdom, Australia, and Canada?

I R S stated around March 2014 that all virtual currencies including polkadot would be taxed as property rather than currency. 

Cryptocurrencies are taxed through software platform by www c r y p t o t r a d e r tax

How do I buy polkadot in the United States of America, United Kingdom, Australia, and Canada?

You can buy polkadot through crypto-currency exchange trading platforms in United States of America, United Kingdom, Australia, and Canada. 

All you have to do is to provide the company with any document they need to enable them verify your account and for security measures. (K Y C verification and 2 F A authentication)













How to buy cryptocurrency in United States of America, United Kingdom, Australia, and Canada?









You can buy any cryptocurrency through any exchange trading platforms in United States of America, United Kingdom, Australia, and Canada. 

All you have to do is to provide the company with any document they need to enable them verify your account and for security measures. (K Y C verification and 2 F A authentication)










Can you invest in a $1 polkadot in United States of America, United Kingdom, Australia, and Canada?

Off course yes! You can invest into lending and borrowing cryptocurrency exchange trading platform like www k u coin com where people borrow money from you with cryptocurrency to pay back with interest and vice versa. 

But it depends on the cryptocurrency exchange trading platform. 

Each investment platform has its own minimum amount one can invest and maximum one can also invest.









Can a US F1 visa holder purchase a polkadot legally in United States of America, United Kingdom, Australia, and Canada?

You can buy polkadot through crypto platform like cryptocurrency exchange trading platforms in United States of America, United Kingdom, Australia, and Canada. 

All you have to do is to provide the crypto-currency exchange trading platform with any document they need to enable them verify your account and for security measures. (K Y C verification and 2 F A authentication)

How does criminals use polkadot to hide their money in United States of America, United Kingdom, Australia, and Canada?

Off course yes! There are so many reports of relationship scammers diverting their proceeds from victims into cryptocurrency wallet to avoid been caught and arrested by anti-corrupt bodies. 

Do you feel that Polkadot (cryptocurrency) has much of a future in United States of America, United Kingdom, Australia, and Canada?

Yes! it has a future.

Can a F1 students buy cryptocurrencies in the United States of America, United Kingdom, Australia, and Canada?

You can buy it through cryptocurrency exchange trading platforms in United States of America, United Kingdom, Australia, and Canada. 

All you have to do is to provide the crypto currency platform with any document they need to enable them verify your account and for security measures. (K Y C verification and 2 F A authentication)

How isn’t polkadot a threat to the US dollar in United States of America, United Kingdom, Australia, and Canada?

It's threat due to the huge market-cap. 

According to most investor’s prediction cryptocurrency particularly polkadot is the most traded asset in this present age and its global currency is USD dollars.

How are cryptocurrencies taxed in United States of America, United Kingdom, Australia, and Canada?

Cryptocurrencies are taxed through software platform by www c r y p t o t r a d e r tax. 

It will show you how Cryptocurrencies are taxed. 

When mined or purchased from another party or use of it to pay for goods or services, are examples of transactions that can be taxed.