How to Buy Polkadot (DOT) in Guatemala

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

Step 1 – Join Kraken

You will first need to purchase one of the top-tier coins. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Follow the Link below to register and getting your first ETH (Ethereum) or BTC (Bitcoin).

Step 2 – Transmit Your ETH (Ethereum) or BTC (Bitcoin) to an Exchange

Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is similar. Polkadot (DOT) is obtainable on Binance, so we're going to use that as an sample. Not sure on how to send funds from Coinbase to an Crypto Trader? (Just follow these easy steps)

Make sure you have chosen the exact coin you would like to deposit.

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so forth. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be divergent (Just follow our how-to).

Step 3 – Locate Polkadot (DOT)

As soon as your deposit has been verified, you'll instantly have access to your funds and you can commence invest and trading. To purchase (DOT) Polkadot on Binance, you will want to go to the tab which is called “Exchange” and after that click on “Basic”.

In order to locate (DOT) Polkadot, you will need to put the short name of the asset (DOT) into the search-box, which is highlighted in the graphic. Make sure you have selected the correct pairing, we have marked this also. Click on “DOT/BTC” to continue.

Step 4 – Purchase (DOT) Polkadot

After you've discovered (DOT) Polkadot, you will be given a Price Chart (in the Center of the picture) and some Order Books (Leftside of the image). For now we're going to create our own Limit Order.

The field with the “Price” tag will be automatically filled with the up-to-date valuation Polkadot (DOT) was traded for. You can change this to your preferred rate. The “Amount” field is the quantity of DOT you want to buy. The field with the “Total” tag is the whole price in Bitcoin that you'll pay for the complete volumen of DOT.

If you are satisfied, make a mouse 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 (DOT) Polkadot

Unless you're regularly trading, you should never keepyour coins on an Cryptocurrency Exchange for an extended time frame. In order to withdraw your Polkadot (DOT), hover over the tab called “Funds” and mouse click on “Withdraw”. (DOT) Polkadot can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate (DOT) Polkadot by using the given drop-down box. Drop in the amount of (DOT) Polkadot you would like to withdraw. Don't forget the demonstrated fees/minimums. Also make sure you have filled your precise withdraw address.

When you're glad, make a mouse click on “Submit”. You could be asked for verfication via phone/email ahead of a take off.

Congratulations! You have successfully purchased and safed (DOT) Polkadot in Guatemala.

That's it!

Take offs from Exchange can durate anywhere from 1 – 30 minutes (rely on network usage). Once you have proved your take off with Etherscan.io or Ethplorer.io and the Polkadot (DOT) is stored within your wallet, you're all done.