How to Buy Polkadot (DOT) in Laos

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

Step 1 – Join Coinbase and recieve 10$ for free

You'll first need to buy units of the major coins. Exchanges usually accept either Ethereum or Bitcoin in exchange for alternative Coins. Click the button below to register and to get your welcome 10$.

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

Your Ethereum or Bitcoin has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is alike. Polkadot (DOT) is accessible on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Crypto Trader? (Follow this manual)

Make sure you've chosen the precise coin you want to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etc. If you're working with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow these easy steps).

Step 3 – Locate Polkadot (DOT)

As soon as your deposit has been confirmed, you'll directly have access to your assets and you can begin invest and trading. To invest in Polkadot (DOT) on Binance, you'll want to hover over the “Exchange” tab and mouse click on “Basic”.

To locate Polkadot (DOT), you'll need to insert the short name of the asset (DOT) into the search box, which is highlighted in the graphic. Be certain of having choosen the right pairing, we have highlighted this also. Click on “DOT/BTC” to advance.

Step 4 – Buying Polkadot (DOT)

As soon as you've discovered Polkadot (DOT), you will be presented with a Price Chart (in the Center of the image) and some Order Books (on the Left of the picture). Next we are going to make our Limit Order.

The field with the “Price” tag will be filled automatically with the recent valuation (DOT) Polkadot was traded for. This can be changed to your favoured price. The “Amount” field is the amount of DOT you like to purchase. The field with the “Total” tag is the total price in BTC that you will pay for the complete amount of DOT.

When you're happy, click on “Buy DOT”. Your plan will be filled when a Vendor trades their DOT for the price you offered.

Step 5 – Withdraw (DOT) Polkadot

Unless you're frequently trading, you should never keepyour crypto on an Crypto Trader for an extended time frame. In order to withdraw your (DOT) Polkadot, go to the tab called “Funds” and mouse click on “Withdraw”. Polkadot (DOT) can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

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

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

Congrats! You've successfully bought and stored Polkadot (DOT) in Laos.

That's it!

Withdrawals from Crypto Exchange can take anywhere from 1 – 30 minutes (rely on usage of the network). Once you have confirmed your withdrawal with Ethplorer.io or Etherscan.io and the Polkadot (DOT) is safe within your wallet, you are done.