A Step-by-Step-Guide on how to buy Polkadot (DOT) in New Caledonia
Step 1 – Join Coinbase – Get Free $10 You will first need to buy one of the bigger coins. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Click the button below for registration and to get your first 10$.
Step 2 – Send Your Bitcoin (BTC) or Ethereum (ETH) to an Cryptocurrency Exchange Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. Polkadot (DOT) is obtainable on Binance, so we will use that as an sample. Unsure on how to send funds from Coinbase to an Crypto Trader? (Follow these easy steps) Make sure you have chosen the exact coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, etc. If you are working with a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our how-to).
Step 3 – Find (DOT) Polkadot As soon as your deposit has been affirmed, you'll instantly have access to your assets and you can start invest and trading. To buy (DOT) Polkadot on Binance, you'll want to hover over the tab which is called “Exchange” and after that mouse click on “Basic”. To locate (DOT) Polkadot, you'll need to put the short name of the asset (DOT) into the search box, which is marked in the image. Be certain of having selected the proper pairing, we have highlighted this also. Click on “DOT/BTC” to go ahead.
Step 4 – Buying Polkadot (DOT) As soon as you have found Polkadot (DOT), you will be presented with a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the image). For now we are going to create our own Limit Order. The field with the “Price” tag will be filled with the up-to-date rate (DOT) Polkadot was sold for. This can be changed to your favoured rate. The field with the “Amount” tag is the volumen of DOT you want to purchase. The “Total” field is the aggregated price in Bitcoin that you'll settle for the whole amount of DOT. If you are happy, make a mouse click on “Buy DOT”. Your order will be filled when a Vendor sells their DOT for the price you gave.
Step 5 – Withdraw Polkadot (DOT) Unless you are frequently trading, never keep your crypto on an Crypto Trader for an longer time frame. In order to take off your Polkadot (DOT), go to the tab called “Funds” and click on “Withdraw”. Polkadot (DOT) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find (DOT) Polkadot by using the given drop-down box. Drop in the volumen of Polkadot (DOT) you would like to take off. Don't forget the displayed fees/minimums. Also make sure you have filled your precise withdraw address. If you're satisfied, make a mouse click on “Submit”. You could be asked for verfication via email/phone ahead of a take off.