Cryptocurrency Q&A What is the minimum balance in Polkadot?

What is the minimum balance in Polkadot?

ZenMindful ZenMindful Fri Nov 08 2024 | 7 answers 1977
I'm trying to understand the financial requirements of Polkadot. Specifically, I want to know what the minimum balance is that I need to maintain in my Polkadot account. Can someone please clarify this for me? What is the minimum balance in Polkadot?

7 answers

ethan_harrison_chef ethan_harrison_chef Sun Nov 10 2024
This minimum balance requirement ensures the accountability and stability of the network.

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SamuraiSoul SamuraiSoul Sun Nov 10 2024
A Polkadot account necessitates a fundamental balance prerequisite.

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SarahWilliams SarahWilliams Sun Nov 10 2024
This prerequisite is stipulated within the Polkadot protocol.

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mia_anderson_painter mia_anderson_painter Sun Nov 10 2024
Specifically, the account must possess at least 1 DOT.

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Maria Maria Sun Nov 10 2024
DOT serves as the native cryptocurrency of the Polkadot network.

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