A Step-by-Step-Guide on how to buy Polkadot (DOT) in Costa Rica
Step 1 – Join Kraken You'll first need to purchase units of the bigger currencies. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Follow the Link below for registration and to get your welcome Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Send Your Bitcoin or Ethereum to an Exchange Your Ethereum or Bitcoin will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is alike. Polkadot (DOT) is obtainable on Binance, so we're going to use that as an sample. Not sure on how to send Coinbase funds to an Crypto Trader? (Just follow this how-to) Make sure you have selected the exact coin you would like to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an Ethereum deposit address, etc. In the case you are working with a decentralized exchange, like Airswap or DDEX could be unlike (Just follow these easy steps).
Step 3 – Find (DOT) Polkadot Once your deposit has been approved, you'll now have access to your finances and you can start purchasing and trading. To buy (DOT) Polkadot on Binance, you'll want to hover over the tab which is called “Exchange” and then mouse click on “Basic”. To locate (DOT) Polkadot, you will need to put the cointype (DOT) into the search-box, which is highlighted in the picture. Make sure you have choosen the correct grouping, we've highlighted this also. Click on “DOT/BTC” to go on.
Step 4 – Purchase Polkadot (DOT) Once you have discovered Polkadot (DOT), you will be given a Price Chart (in the Center of the picture) and some Order Books (Leftside of the image). And now we are making our Limit Order. The field with the “Price” tag will be automatically filled with the most latest tariff Polkadot (DOT) was traded for. This can be changed to your favoured price. The “Amount” field is the volumen of DOT you wish to purchase. The “Total” field is the aggregated price in Bitcoin that you'll pay for the whole volumen of DOT. When you are satisfied, click on “Buy DOT”. Your order will be filled as soon as a Vendor trades their DOT for the price you introduced.
Step 5 – Withdraw Polkadot (DOT) Unless you're regularly trading, never keep your crypto on an Crypto Trader for an extended period of time. To take off your Polkadot (DOT), hover over the “Funds” tab and mouse click on “Withdraw”. (DOT) Polkadot can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Polkadot (DOT) by using the provided drop-down box. Put into the quantity of Polkadot (DOT) you would like to withdraw. Take into account the displayed fees/minimums. Also make sure you have entered your correct withdraw address. If you are glad, click on “Submit”. You may be asked for verfication via phone/email before a take off.