A Step-by-Step-Guide on how to buy Polkadot (DOT) in Namibia
Step 1 – Signup to Coinbase – Get Free $10 You will first need to purchase one of the bigger coins. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Follow the Link below to register and receive your welcome $10.
Step 2 – Send Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Trader Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is similar. Polkadot (DOT) is available on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Crypto Trader? (Just follow this manual) Make sure you have chosen the correct coin you would like to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, etcetera. In the case you're working with a decentralized exchange, like Airswap or DDEX could be divergent (Just follow our guide).
Step 3 – Find Polkadot (DOT) As soon as your deposit has been approved, you will now have access to your assets and you can launch invest and trading. To buy (DOT) Polkadot on Binance, you will want to go to the tab which is called “Exchange” and mouse click on “Basic”. In order to discover Polkadot (DOT), you will need to put the cointype (DOT) into the search-box, which is marked in the graphic. Be certain of having selected the right grouping, we have highlighted this too. Click on “DOT/BTC” to go ahead.
Step 4 – Purchase (DOT) Polkadot Once you have located (DOT) Polkadot, you'll be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the picture). Next we're going to create our own Limit Order. The field with the “Price” tag will be filled with the most recent valuation Polkadot (DOT) was sold for. This can be changed to your preferred rate. The “Amount” field is the volumen of DOT you want to purchase. The field with the “Total” tag is the aggregated price in BTC that you will settle for the complete quantity of DOT. When you are happy, make a mouse click on “Buy DOT”. Your order will be filled as soon as a Vendor trades their DOT for the price you submitted.
Step 5 – Withdraw Polkadot (DOT) Unless you're frequently trading, you should never keepyour crypto on an Cryptocurrency Exchange for an extended time period. In order to withdraw your (DOT) Polkadot, hover over the tab called “Funds” and click on “Withdraw”. (DOT) Polkadot can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate (DOT) Polkadot by using the provided drop-down box. Drop in the quantity of Polkadot (DOT) you'd like to withdraw. Don't forget the displayed fees/minimums. Also make sure you have entered your correct withdraw address. When you're happy, click on “Submit”. You could be asked for verfication via email/phone ahead of a take off.