How to Buy Polkadot (DOT) in Saint Pierre And Miquelon

A Step-by-Step-Guide on how to buy Polkadot (DOT) in Saint Pierre And Miquelon

Step 1 – Signup to Kraken

You'll first need to purchase one of the major coins. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Click below to register and getting your first ETH (Ethereum) or BTC (Bitcoin).

Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Exchange

Your Ethereum or Bitcoin has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is alike. Polkadot (DOT) is accessible on Binance, so we're going to use that as an sample. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this manual)

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

BTC must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etc. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow our manual).

Step 3 – Locate (DOT) Polkadot

As soon as your deposit has been verified, you will instantly have access to your assets and you can launch purchasing and trading. To invest in Polkadot (DOT) on Binance, you will want to hover over the tab which is called “Exchange” and after that mouse click on “Basic”.

To locate Polkadot (DOT), you will need to insert the short name of the asset (DOT) into the search-box, which is highlighted in the graphic. Be certain of having selected the correct grouping, we've marked this also. Click on “DOT/BTC” to continue.

Step 4 – Purchasing (DOT) Polkadot

As soon as you've located Polkadot (DOT), you will be given a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the image). Next we are creating our Limit Order.

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

If you are glad, click on “Buy DOT”. Your order will be filled when a Vender sells their DOT for the price you submitted.

Step 5 – Withdraw (DOT) Polkadot

Unless you are regularly trading, never keep your coins on an Exchange for an longer time frame. In order to take off your (DOT) Polkadot, hover over the tab called “Funds” and mouse click on “Withdraw”. Polkadot (DOT) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

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

When you are happy, click “Submit”. You may be asked for verfication via email/phone before a take off.

Kudos! You have successfully bought and stored Polkadot (DOT) in Saint Pierre And Miquelon.

That's it!

Withdrawals from Crypto Trader can take between 1 – 30 minutes (rely on usage of the network). Once you've proved your withdrawal with Ethplorer.io or Etherscan.io and the Polkadot (DOT) is safe within your wallet, you're all done.