How to Buy Polkadot (DOT) in Guadeloupe

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

Step 1 – Join Kraken

In the beginning you'll need to purchase units of the top-tier currencies. Exchanges normally accept either Bitcoin or Ethereum in exchange for Altcoins. Click below to register and getting your welcome Bitcoin (BTC) or Ethereum (ETH).

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

Your Bitcoin or Ethereum will need to be sent over to an Exchange now. Every exchange has a deposit form that is identical. Polkadot (DOT) is available on Binance, so we're going to use that as an sample. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow this manual)

Make sure you've chosen the correct coin you wish to deposit.

Bitcoin must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so on. If you're using a decentralized exchange, like Airswap or DDEX could be different (Follow these easy steps).

Step 3 – Locate Polkadot (DOT)

Once your deposit has been approved, you'll instantly have access to your finances and you can initiate purchasing and trading. To invest in (DOT) Polkadot on Binance, you will want to hover over the tab which is called “Exchange” and after that mouse click on “Basic”.

In order to find Polkadot (DOT), you will need to insert the cointype (DOT) into the search-box, which is marked in the picture. Make sure you have selected the correct pairing, we have marked this too. Click on “DOT/BTC” to go on.

Step 4 – Purchase (DOT) Polkadot

As soon as you have located (DOT) Polkadot, you will be presented with a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the image). For now we are going to create our Limit Order.

The field with the “Price” tag will be filled automatically with the latest tariff (DOT) Polkadot was sold for. This can be changed to your favoured price. The field with the “Amount” tag is the volumen of DOT you wish to buy. The “Total” field is the total price in BTC that you will pay for the complete quantity of DOT.

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

Step 5 – Withdraw Polkadot (DOT)

Unless you're trading, best advise is not to keep coins on an Crypto Exchange for an extended time period. In order to withdraw your (DOT) Polkadot, hover over the tab called “Funds” and click on “Withdraw”. Polkadot (DOT) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find Polkadot (DOT) by using the provided drop-down box. Drop in the amount of Polkadot (DOT) you would like to take off. Take into account the shown fees/minimums. Also make sure you have entered your right withdraw address.

When you're happy, click “Submit”. You may be asked for verfication via email/phone ahead of a take off.

Kudos! You have successfully bought and safed Polkadot (DOT) in Guadeloupe.

That's it!

Withdrawals from Crypto Exchange can durate anywhere from 1 – 30 minutes (depending on usage of the network). As soon as you have proved your take off with Etherscan.io or Ethplorer.io and the (DOT) Polkadot is stored in your wallet, you're finished.