How to Buy Polkadot (DOT) in Burundi

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

Step 1 – Join Kraken

In the beginning you'll need to buy units of the major currencies. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Follow the Link below for registration and getting your welcome BTC (Bitcoin) or ETH (Ethereum).

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

Your Ethereum or Bitcoin will need to be sent over to an Exchange now. All exchanges have a deposit form that is identical. Polkadot (DOT) is available on Binance, so we will use that as an illustration. Not sure on how to send Coinbase funds to an Exchange? (Follow this guide)

Make sure you have selected the exact coin you wish to deposit.

BTC must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, et cetera. If you're working with a decentralized exchange, like Airswap or DDEX could be unlike (Follow our guide).

Step 3 – Find (DOT) Polkadot

Once your deposit has been verified, you'll directly 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 “Exchange” tab and then click on “Basic”.

To spot Polkadot (DOT), you will need to put the shortname of the coin (DOT) into the search box, which is highlighted in the graphic. Be certain of having selected the right grouping, we've highlighted this also. Click on “DOT/BTC” to go ahead.

Step 4 – Buy Polkadot (DOT)

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

The field with the “Price” tag will be automatically filled with the most up-to-date rate Polkadot (DOT) was traded for. You can change this to your favoured price. The “Amount” field is the quantity of DOT you like to purchase. The field with the “Total” tag is the total price in BTC that you will pay for the whole amount of DOT.

When you are happy, make a mouse click on “Buy DOT”. Your plan will be filled as soon as a Seller trades their DOT for the price you offered.

Step 5 – Withdraw (DOT) Polkadot

Unless you are regularly trading, best advise is not to keep coins on an Crypto Trader for an extensive time period. In order to take off your Polkadot (DOT), go to the “Funds” tab and mouse click on “Withdraw”. (DOT) Polkadot can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Polkadot (DOT) by using the given drop-down box. Enter the amount of Polkadot (DOT) you'd wish to withdraw. Don't forget the presented minimus/fees. Also make sure you have entered your correct withdraw address.

When you are glad, click on “Submit”. You could be asked for email/phone verification ahead of a take off.

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

That's it!

Take offs from Exchange can take between 1 – 30 minutes (rely on network usage). Once you've proved your take off using Etherscan.io or Ethplorer.io and the Polkadot (DOT) is stored inside your wallet, you are finished.