A Step-by-Step-Guide on how to buy Polkadot (DOT) in Mexico
Step 1 – Join Coinbase and get 10$ for free You will first need to buy one of the top-tier coins. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Click below to register and receive your welcome $10.
Step 2 – Send Your Bitcoin (BTC) or Ethereum (ETH) to an Cryptocurrency Exchange Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is similar. Polkadot (DOT) is accessible 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 these easy steps) Make sure you have selected the exact coin you would like to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etcetera. In the case you are 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 approved, you will immediately have access to your funds and you can initiate buying and trading. To invest in (DOT) Polkadot on Binance, you'll want to go to the “Exchange” tab and after that click on “Basic”. In order to spot Polkadot (DOT), you will need to put the shortname of the coin (DOT) into the search box, which is marked in the graphic. Be certain of having selected the proper grouping, we have marked this also. Click on “DOT/BTC” to proceed.
Step 4 – Buy Polkadot (DOT) Once you've spotted Polkadot (DOT), you will be presented with a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). And now we're creating our Limit Order. The “Price” field will be filled with the most latest valuation (DOT) Polkadot was traded for. You can change this to your desired rate. The field with the “Amount” tag is the volumen of DOT you want to buy. The field with the “Total” tag is the total price in BTC that you'll settle for the complete volumen of DOT. When you're satisfied, make a mouse click on “Buy DOT”. Your order will be filled when a Vender trades their DOT for the price you gave.
Step 5 – Withdraw Polkadot (DOT) Unless you're frequently trading, best advise is not to keep your coins on an Crypto Exchange for an extended time period. To take off your Polkadot (DOT), hover over the “Funds” tab and click on “Withdraw”. (DOT) Polkadot can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find (DOT) Polkadot by using the provided drop-down box. Put into the amount of Polkadot (DOT) you would wish to withdraw. Take into account the demonstrated fees/minimums. Also make sure you have entered your right withdraw address. When you are satisfied, click on “Submit”. You may be asked for verfication via phone/email before a take off.