How to Buy Polkadot (DOT) in Burundi

A Step-by-Step-Guide on how to buy Polkadot (DOT) in Burundi

Step 1 – Join Coinbase and get 10$ for free

You'll first need to purchase one of the bigger coins. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Click below to register and receive your welcome 10$.

Step 2 – Transmit Your Ethereum or Bitcoin to an Cryptocurrency Exchange

Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is alike. Polkadot (DOT) is obtainable on Binance, so we will use that as an sample. Unsure on how to send funds from Coinbase to an Exchange? (Just follow these easy steps)

Make sure you've selected the correct coin you would like to deposit.

Bitcoin must be sent to a BTC deposit address, ETH to an Ethereum deposit address, etc. If you are dealing with a decentralized exchange, like Airswap or DDEX could be divergent (Just follow our how-to).

Step 3 – Locate (DOT) Polkadot

As soon as your deposit has been affirmed, you will now have access to your finances and you can launch purchasing and trading. To buy (DOT) Polkadot on Binance, you will want to hover over the tab which is called “Exchange” and mouse click on “Basic”.

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

Step 4 – Acquisition of Polkadot (DOT)

As soon as you have found Polkadot (DOT), you will be given a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the image). And now we are going to make our Limit Order.

The field with the “Price” tag will be automatically filled with the recent tariff Polkadot (DOT) was traded for. You can change this to your preferred price. The “Amount” field is the quantity of DOT you want to buy. The field with the “Total” tag is the aggregated price in BTC that you will pay for the whole volumen of DOT.

When you are satisfied, click on “Buy DOT”. Your plan will be filled as soon as a Vender trades their DOT for the price you gave.

Step 5 – Withdraw Polkadot (DOT)

Unless you are regularly trading, you should never keepyour crypto on an Exchange for an longer period of time. To take off your Polkadot (DOT), go to the “Funds” tab and click on “Withdraw”. (DOT) Polkadot can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find (DOT) Polkadot by using the provided drop-down box. Drop in the quantity of (DOT) Polkadot you'd wish to withdraw. Don't forget the displayed minimus/fees. Also make sure you have filled your precise withdraw address.

When you are glad, click on “Submit”. You may be asked for verfication via email/phone before a withdrawal.

Kudos! You have successfully purchased and safed (DOT) Polkadot in Burundi.

That's it!

Withdrawals from Cryptocurrency Exchange can durate anywhere from 1 – 30 minutes (depending on usage of the network). Once you've confirmed your withdrawal with Ethplorer.io or Etherscan.io and the Polkadot (DOT) is safe in your wallet, you are all done.