A Step-by-Step-Guide on how to buy Polkadot (DOT) in Guadeloupe
Step 1 – Join Coinbase and get 10$ for free In the beginning you'll need to purchase units of the bigger coins. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Click the button below to register and to get your first 10$.
Step 2 – Send Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Exchange Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is alike. Polkadot (DOT) is available on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow these easy steps) Make sure you have selected the correct coin you wish to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so on. If you're working with a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our how-to).
Step 3 – Find (DOT) Polkadot As soon as your deposit has been verified, you'll instantly have access to your finances and you can start invest and trading. To invest in Polkadot (DOT) on Binance, you will want to go to the “Exchange” tab and click on “Basic”. In order to find Polkadot (DOT), 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 pairing, we've highlighted this too. Click on “DOT/BTC” to go on.
Step 4 – Buying (DOT) Polkadot As soon as you have spotted (DOT) Polkadot, you will be given a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the picture). Next we're going to make our own Limit Order. The “Price” field will be filled automatically with the most latest valuation Polkadot (DOT) was traded for. This can be changed to your preferred price. The field with the “Amount” tag is the amount of DOT you wish to purchase. The “Total” field is the total price in BTC that you'll settle for the complete quantity of DOT. If you're glad, click on “Buy DOT”. Your plan will be filled as soon as a Vendor trades their DOT for the price you offered.
Step 5 – Withdraw Polkadot (DOT) Unless you are trading, never keep your crypto coins on an Cryptocurrency Exchange for an extensive time period. To withdraw your (DOT) Polkadot, go to the tab called “Funds” and mouse click on “Withdraw”. Polkadot (DOT) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Polkadot (DOT) by using the provided drop-down box. Enter the amount of (DOT) Polkadot you would wish to withdraw. Take into account the presented fees/minimums. Also make sure you have entered your correct withdraw address. When you are glad, click on “Submit”. You may be asked for email/phone verification ahead of a take off.