A Step-by-Step-Guide on how to buy Polkadot (DOT) in Greece
Step 1 – Join Kraken In the beginning you'll need to purchase one of the top-tier currencies. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Follow the Link below for registration and to get your welcome Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transfer Your Ethereum or Bitcoin to an Cryptocurrency Exchange Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is alike. Polkadot (DOT) is obtainable on Binance, so we're going to use that as an sample. Unsure on how to send Coinbase funds to an Exchange? (Follow this guide) Make sure you've chosen the precise coin you wish to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an Ethereum deposit address, et cetera. In the case you are using a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our manual).
Step 3 – Locate Polkadot (DOT) As soon as your deposit has been affirmed, you will immediately have access to your funds and you can initiate invest and trading. To buy Polkadot (DOT) on Binance, you will want to go to the “Exchange” tab and click on “Basic”. To discover (DOT) Polkadot, you will need to put the cointype (DOT) into the search-box, which is highlighted in the graphic. Make sure you have choosen the correct grouping, we have highlighted this too. Click on “DOT/BTC” to go ahead.
Step 4 – Buying (DOT) Polkadot As soon as you've located (DOT) Polkadot, you'll be given a Price Chart (in the Center of the image) and some Order Books (on the Left of the picture). Next we are making our Limit Order. The “Price” field will be automatically filled with the recent rate Polkadot (DOT) was traded for. You can change this to your desired price. The field with the “Amount” tag is the quantity of DOT you wish to purchase. The “Total” field is the aggregated price in BTC that you'll settle for the whole quantity of DOT. If you're happy, click on “Buy DOT”. Your plan will be filled when a Vendor trades their DOT for the price you introduced.
Step 5 – Withdraw Polkadot (DOT) Unless you are trading, you should never keepyour crypto coins on an Exchange for an extensive period of time. In order to take off your Polkadot (DOT), hover over the “Funds” tab and click on “Withdraw”. (DOT) Polkadot can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate (DOT) Polkadot by using the provided drop-down box. Enter the volumen of Polkadot (DOT) you would wish to withdraw. Take into account the demonstrated fees/minimums. Also make sure you have entered your right withdraw address. If you are happy, click “Submit”. You may be requested for verfication via phone/email before a take off.