How to Buy Polkadot (DOT) in Bosnia And Herzegovina

A Step-by-Step-Guide on how to buy Polkadot (DOT) in Bosnia And Herzegovina

Step 1 – Join Kraken

In the beginning you'll need to purchase units of the major coins. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Click the button below for registration and to get your welcome Bitcoin (BTC) or Ethereum (ETH).

Step 2 – Transmit Your Ethereum or Bitcoin to an Exchange

Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is alike. Polkadot (DOT) is accessible on Binance, so we're going to use that as an illustration. Not sure on how to send Coinbase funds to an Crypto Trader? (Follow this manual)

Make sure you have selected the right coin you want to deposit.

BTC must be sent to a Bitcoin 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 divergent (Just follow our how-to).

Step 3 – Locate (DOT) Polkadot

Once your deposit has been approved, you will immediately have access to your assets and you can commence invest and trading. To invest in Polkadot (DOT) on Binance, you will want to go to the “Exchange” tab and click on “Basic”.

To find (DOT) Polkadot, you will need to insert the short name of the asset (DOT) into the search-box, which is highlighted in the graphic. Make sure you have choosen the right grouping, we have highlighted this also. Click on “DOT/BTC” to go ahead.

Step 4 – Purchasing (DOT) Polkadot

As soon as you've found (DOT) Polkadot, you'll be given a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). And now we are going to make our own Limit Order.

The field with the “Price” tag will be automatically filled with the most up-to-date rate (DOT) Polkadot was traded for. This can be changed to your preferred price. The field with the “Amount” tag is the amount of DOT you like to purchase. The field with the “Total” tag is the total price in Bitcoin that you'll pay for the complete volumen of DOT.

If you are satisfied, make a mouse click on “Buy DOT”. Your plan will be filled as soon as a Seller sells their DOT for the price you gave.

Step 5 – Withdraw (DOT) Polkadot

Unless you're frequently trading, never keep your crypto on an Crypto Exchange for an longer period of time. In order to take off your (DOT) Polkadot, hover over the “Funds” tab and mouse click on “Withdraw”. (DOT) Polkadot can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find Polkadot (DOT) by using the given drop-down box. Put into the amount of Polkadot (DOT) you would wish to take off. Take into account the shown minimus/fees. Also make sure you have filled your precise withdraw address.

When you're satisfied, make a mouse click on “Submit”. You may be asked for verfication via email/phone before a withdrawal.

Kudos! You have successfully purchased and stored Polkadot (DOT) in Bosnia And Herzegovina.

That's it!

Withdrawals from Exchange can take between 1 – 30 minutes (depending on usage of the network). Once you have confirmed your withdrawal using Ethplorer.io or Etherscan.io and the Polkadot (DOT) is stored in your wallet, you are finished.