A Step-by-Step-Guide on how to buy Polkadot (DOT) in Mayotte
Step 1 – Join Kraken You will first need to purchase units of the major coins. Exchanges commonly accept either Ethereum or Bitcoin in exchange for Altcoins. Follow the Link below to register and receive your welcome Bitcoin or Ethereum.
Step 2 – Transmit Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Trader Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is alike. Polkadot (DOT) is obtainable on Binance, so we're going to use that as an illustration. Unsure on how to send Coinbase funds to an Exchange? (Follow this manual) Make sure you have selected the correct coin you wish to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etc. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be unlike (Follow our how-to).
Step 3 – Locate (DOT) Polkadot As soon as your deposit has been verified, you'll now have access to your funds and you can initiate invest and trading. To purchase Polkadot (DOT) on Binance, you'll want to hover over the tab which is called “Exchange” and after that mouse click on “Basic”. To spot (DOT) Polkadot, you'll need to put the shortname of the coin (DOT) into the search box, which is highlighted in the picture. Make sure you have selected the right grouping, we have highlighted this also. Click on “DOT/BTC” to go ahead.
Step 4 – Acquisition of (DOT) Polkadot As soon as you've spotted (DOT) Polkadot, you will be given a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). And now we're going to create our own Limit Order. The field with the “Price” tag will be filled automatically with the latest price (DOT) Polkadot was sold for. This can be changed to your preferred price. The field with the “Amount” tag is the quantity of DOT you wish to buy. The field with the “Total” tag is the aggregated price in BTC that you will pay for the whole volumen of DOT. When you are glad, make a mouse click on “Buy DOT”. Your order will be filled when a Seller trades their DOT for the price you submitted.
Step 5 – Withdraw Polkadot (DOT) Unless you're trading, you should never keepyour crypto coins on an Cryptocurrency Exchange for an extensive time frame. In order to withdraw your Polkadot (DOT), hover over the “Funds” tab and mouse click on “Withdraw”. Polkadot (DOT) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate Polkadot (DOT) by using the provided drop-down box. Enter the quantity of Polkadot (DOT) you'd like to take off. Take into account the demonstrated minimus/fees. Also make sure you have entered your precise withdraw address. When you are satisfied, click “Submit”. You may be asked for email/phone verification before a take off.