How to buy Polkadot through a broker

How to buy Polkadot exposure

You can buy DOT price exposure through Virtune Staked Polkadot ETP, listed as VIRDOT on Nasdaq Stockholm. The product also manages staking within the security. You hold the ETP at a broker offering the listing, without buying DOT into a personal wallet.

Polkadot connects blockchains that can share security and exchange messages. DOT is its native crypto-asset, used for staking and network governance. Holding DOT on the network can involve validator nomination and voting; the ETP is an investment linked to DOT, rather than an account for those activities. What Polkadot is explains the connected-chain model.

Why buy Polkadot through an ETP?

The product handles staking without you having to nominate validators or manage wallet keys. Realised rewards allocated to investors increase the DOT backing the security, rather than being paid out as DOT.

This brings DOT price exposure and managed staking into the same brokerage holding. Rewards vary, and the product's deductions reduce what remains for investors. The costs below explain the management fee and deductions from earned rewards.

Virtune holds DOT with a custodian as collateral for the ETP. The crypto-asset backs the security you own; it is not a personal DOT balance in your name.

Buying through a broker

At your broker, the product can be found by its full name or the ISIN shown below. The broker's order page identifies the listing, trading currency, current buy and sell prices and applicable charges. If the broker offers several listings, they still refer to the same security where the ISIN is the same.

VIRDOT trades on Nasdaq Stockholm, the product's only exchange listing. Its ISIN is SE0021148129.

The Polkadot ETP product page brings together available brokers, product documents and current details. Account availability and tax treatment depend on your country and account type; the exchange listing alone does not establish either.

Costs of buying and holding the ETP

The management fee is deducted from the product's value over time. It is different from the costs of trading: the broker may charge commission, the buy and sell prices have a spread, and a currency conversion charge can apply when the trade uses a different currency from your cash account. The table below separates these costs.

Costs when buying Virtune Staked Polkadot ETP

Cost	Charged by	When
Brokerage commission	Broker	On every purchase and sale
Difference between bid and ask price	Market	On every trade
Management fee, 1.49% per year	Issuer	Ongoing, from the product's value
Currency conversion	Broker, if applicable	If the product trades in another currency

Virtune and the staking provider together receive a commission of up to 50% on earned staking rewards, if applicable, under the Polkadot Final Terms. This is a maximum deduction from rewards, not an annual return or a reward cap. The management fee is separate.

Risks to understand

Crypto-asset prices can move sharply, so the value of the ETP can fall. Crypto markets continue trading when stock exchanges are closed; the next ETP quote can therefore differ substantially from the previous close.

The security also carries issuer and custody risks. If Virtune cannot meet its obligations, what investors recover depends on the crypto-assets held as collateral and the process for enforcing their rights. Problems with custody or delays in recovery can affect the outcome. These product risks are separate from the convenience of holding the investment at a broker.

Staking rewards vary, and reward-delivery or staking-provider problems can reduce the benefit allocated to investors. Additional DOT in the backing do not prevent losses when the asset's price falls. How staking works explains the underlying mechanism.

Polkadot can penalise staked DOT through slashing. A penalty can reduce the investor reward benefit; losses borne by Virtune can also increase investors' credit exposure, as described in the prospectus's staking risk factors.

The crypto ETP buying guide explains the purchase process and the difference between a security and a crypto-asset holding.