How to Buy Polkadot (DOT) in Mozambique

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

Step 1 – Signup to Coinbase – Get Free $10

You will first need to buy one of the top-tier coins. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Click the button below to register and to get your welcome 10 Dollar.

Step 2 – Send Your Ethereum or Bitcoin to an Crypto Trader

Your Bitcoin or Ethereum has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. 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 Crypto Exchange? (Just follow these easy steps)

Make sure you've selected the exact coin you would like to deposit.

Bitcoin must be sent to a BTC deposit address, ETH to an Ethereum deposit address, etcetera. In the case you are using a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our manual).

Step 3 – Find (DOT) Polkadot

Once your deposit has been verified, you will directly have access to your assets and you can initiate invest and trading. To purchase Polkadot (DOT) on Binance, you will want to hover over the “Exchange” tab and mouse click on “Basic”.

To discover (DOT) Polkadot, you will need to put the cointype (DOT) into the search box, which is marked in the image. Make sure you have choosen the right grouping, we've marked this also. Click on “DOT/BTC” to advance.

Step 4 – Purchase Polkadot (DOT)

As soon as you have discovered Polkadot (DOT), you will be given a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the picture). And now we are going to create our own Limit Order.

The “Price” field will be filled with the recent tariff Polkadot (DOT) was sold for. This can be changed to your preferred price. The field with the “Amount” tag is the amount of DOT you like to purchase. The “Total” field is the aggregated price in Bitcoin that you will pay for the whole amount of DOT.

If you are satisfied, make a mouse click on “Buy DOT”. Your plan will be filled as soon as a Vendor trades their DOT for the price you introduced.

Step 5 – Withdraw (DOT) Polkadot

Unless you're frequently trading, best advise is not to keep your coins on an Crypto Exchange for an longer period of time. In order to take off your Polkadot (DOT), go to the tab called “Funds” and mouse click on “Withdraw”. (DOT) Polkadot can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Polkadot (DOT) by using the given drop-down box. Put into the quantity of (DOT) Polkadot you'd wish to take off. Don't forget the demonstrated fees/minimums. Also make sure you have entered your precise withdraw address.

When you're satisfied, click on “Submit”. You may be requested for email/phone verification before a withdrawal.

Kudos! You have successfully bought and stored (DOT) Polkadot in Mozambique.

That's it!

Take offs from Crypto Exchange can durate anywhere from 1 – 30 minutes (rely on usage of the network). Once you've confirmed your take off with Etherscan.io or Ethplorer.io and the (DOT) Polkadot is safe inside your wallet, you're done.