How to Buy Polkadot (DOT) in Poland

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

Step 1 – Signup to Kraken

In the beginning you'll need to buy one of the major currencies. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click below to register and getting your first Ethereum or Bitcoin.

Step 2 – Transfer Your Funds to an Exchange

Your Bitcoin or Ethereum has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is similar. Polkadot (DOT) is accessible on Binance, so we will use that as an sample. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Follow this guide)

Make sure you've chosen the right coin you want to deposit.

Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, and so forth. If you are using a decentralized exchange, such as Airswap or DDEX could be unlike (Follow these easy steps).

Step 3 – Locate Polkadot (DOT)

As soon as your deposit has been affirmed, you will instantly have access to your finances and you can launch invest and trading. To invest in (DOT) Polkadot on Binance, you'll want to hover over the tab which is called “Exchange” and then click on “Basic”.

To discover (DOT) Polkadot, you will need to put the short name of the asset (DOT) into the search box, which is marked in the image. Be certain of having choosen the proper grouping, we have highlighted this also. Click on “DOT/BTC” to go ahead.

Step 4 – Buying Polkadot (DOT)

Once you've located Polkadot (DOT), you will be given a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the image). And now we're going to make our own Limit Order.

The “Price” field will be filled automatically with the latest rate Polkadot (DOT) was traded for. You can change this to your desired price. The field with the “Amount” tag is the amount of DOT you wish to purchase. The field with the “Total” tag is the aggregated price in Bitcoin that you'll settle for the whole volumen of DOT.

If you're glad, make a mouse click on “Buy DOT”. Your order will be filled as soon as a Vendor sells their DOT for the price you gave.

Step 5 – Withdraw Polkadot (DOT)

Unless you are frequently trading, you should never keepyour coins on an Exchange for an extensive period of time. In order to take off your (DOT) Polkadot, go to the “Funds” tab and click on “Withdraw”. (DOT) Polkadot can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate (DOT) Polkadot by using the given drop-down box. Enter the amount of Polkadot (DOT) you would wish to withdraw. Take into account the displayed fees/minimums. Also make sure you have filled your correct withdraw address.

When you're glad, click “Submit”. You could be requested for phone/email verification ahead of a take off.

Congratulations! You've successfully purchased and safed Polkadot (DOT) in Poland.

That's it!

Take offs from Cryptocurrency Exchange can take between 1 – 30 minutes (depending on network usage). As soon as you've proved your withdrawal using Etherscan.io or Ethplorer.io and the Polkadot (DOT) is stored inside your wallet, you're all done.