A Step-by-Step-Guide on how to buy Polkadot (DOT) in Northern Mariana Islands
Step 1 – Signup to Coinbase – Get Free $10 In the beginning you'll need to purchase one of the bigger coins. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Follow the Link below to register and receive your welcome 10$.
Step 2 – Transfer Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Trader Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is identical. Polkadot (DOT) is obtainable on Binance, so we will use that as an illustration. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow this guide) Make sure you have chosen the precise coin you wish to deposit. BTC must be sent to a BTC deposit address, ETH to an Ethereum deposit address, etc. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be different (Follow our guide).
Step 3 – Locate Polkadot (DOT) As soon as your deposit has been affirmed, you'll now have access to your funds and you can initiate invest and trading. To invest in Polkadot (DOT) on Binance, you will want to hover over the “Exchange” tab and then mouse click on “Basic”. To discover (DOT) Polkadot, you will need to put the cointype (DOT) into the search-box, which is highlighted in the image. Make sure you have selected the proper grouping, we have marked this also. Click on “DOT/BTC” to continue.
Step 4 – Buy Polkadot (DOT) After you've spotted Polkadot (DOT), you will be presented with a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). And now we are creating our own Limit Order. The field with the “Price” tag will be filled automatically with the recent rate Polkadot (DOT) was sold for. You can change this to your favoured price. The “Amount” field is the quantity of DOT you want to purchase. The “Total” field is the whole price in BTC that you'll pay for the whole quantity of DOT. When you're satisfied, make a mouse click on “Buy DOT”. Your plan will be filled when a Seller trades their DOT for the price you gave.
Step 5 – Withdraw Polkadot (DOT) Unless you're frequently trading, you should never keepyour crypto coins on an Cryptocurrency Exchange for an extended period of time. In order to take off your (DOT) Polkadot, go to the tab called “Funds” and click on “Withdraw”. (DOT) Polkadot can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate (DOT) Polkadot by using the provided drop-down box. Put into the volumen of Polkadot (DOT) you would wish to withdraw. Don't forget the displayed fees/minimums. Also make sure you have entered your right withdraw address. When you're glad, make a mouse click on “Submit”. You may be requested for email/phone verification before a take off.