A Step-by-Step-Guide on how to buy Polkadot (DOT) in Mauritius
Step 1 – Join Coinbase and recieve 10$ for free In the beginning you'll need to buy one of the bigger coins. Exchanges normally accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Click the button below to register and receive your first $10.
Step 2 – Transfer Your Bitcoin or Ethereum to an Crypto Trader Your Bitcoin or Ethereum has to be sent over to an Exchange now. Every exchange has a deposit form that is alike. Polkadot (DOT) is accessible on Binance, so we will use that as an illustration. Unsure on how to send Coinbase funds to an Crypto Trader? (Follow this how-to) Make sure you have chosen the precise coin you wish to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, et cetera. If you are working with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our how-to).
Step 3 – Find (DOT) Polkadot Once your deposit has been verified, you'll now have access to your finances and you can start invest and trading. To buy (DOT) Polkadot on Binance, you will want to hover over the tab which is called “Exchange” and after that click on “Basic”. In order to spot Polkadot (DOT), you'll need to insert the shortname of the coin (DOT) into the search-box, which is highlighted in the graphic. Make sure you have selected the proper grouping, we have highlighted this also. Click on “DOT/BTC” to go ahead.
Step 4 – Buying Polkadot (DOT) As soon as you have discovered (DOT) Polkadot, you will be presented with a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the image). For now we are creating our own Limit Order. The “Price” field will be filled with the latest tariff (DOT) Polkadot was sold for. You can change this to your preferred rate. The “Amount” field is the volumen of DOT you wish to buy. The field with the “Total” tag is the total price in BTC that you'll settle for the complete quantity of DOT. When you're happy, make a mouse click on “Buy DOT”. Your plan will be filled when a Vender trades their DOT for the price you gave.
Step 5 – Withdraw Polkadot (DOT) Unless you are frequently trading, you should never keepyour crypto on an Cryptocurrency Exchange for an longer time period. In order to take off your Polkadot (DOT), hover over the “Funds” tab and mouse click on “Withdraw”. (DOT) Polkadot can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find (DOT) Polkadot by using the given drop-down box. Drop in the volumen of (DOT) Polkadot you would like to take off. Don't forget the presented fees/minimums. Also make sure you have filled your correct withdraw address. When you are satisfied, click “Submit”. You may be requested for email/phone verification before a take off.