A Step-by-Step-Guide on how to buy Polkadot (DOT) in Belarus
Step 1 – Join Kraken You will first need to purchase one of the top-tier coins. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Click below to register and getting your first BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Exchange Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Exchange now. Every exchange has a deposit form that is similar. Polkadot (DOT) is obtainable on Binance, so we will use that as an example. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow this how-to) Make sure you've selected the exact coin you would like to deposit. BTC must be sent to a BTC deposit address, Ethereum to an ETH deposit address, etcetera. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be different (Follow our manual).
Step 3 – Find Polkadot (DOT) Once your deposit has been approved, you will instantly have access to your funds and you can initiate purchasing and trading. To buy (DOT) Polkadot on Binance, you will want to hover over the “Exchange” tab and after that mouse click on “Basic”. In order to discover (DOT) Polkadot, you will need to put the short name of the asset (DOT) into the search box, which is highlighted in the picture. Make sure you have selected the right grouping, we've marked this too. Click on “DOT/BTC” to advance.
Step 4 – Acquisition of Polkadot (DOT) After you've located (DOT) Polkadot, you will be given a Price Chart (in the Center of the picture) and some Order Books (Leftside of the image). Next we are going to make our own Limit Order. The field with the “Price” tag will be automatically filled with the latest price (DOT) Polkadot was sold for. This can be changed to your preferred price. The “Amount” field is the quantity of DOT you like to buy. The “Total” field is the aggregated price in Bitcoin that you'll settle for the whole amount of DOT. If you are happy, 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 (DOT) Polkadot Unless you are regularly trading, you should never keepyour crypto on an Cryptocurrency Exchange for an extensive period of time. To withdraw your (DOT) Polkadot, hover over the “Funds” tab and click on “Withdraw”. (DOT) Polkadot can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Polkadot (DOT) by using the given drop-down box. Enter the quantity of (DOT) Polkadot you would like to withdraw. Take into account the presented fees/minimums. Also make sure you have entered your right withdraw address. When you're satisfied, click “Submit”. You may be requested for phone/email verification before a take off.