How to Buy Polkadot (DOT) in Seychelles

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

Step 1 – Signup to Coinbase and recieve 10$ for free

You'll first need to buy units of the major currencies. Exchanges usually accept either Ethereum or Bitcoin in exchange for alternative Coins. Click the button below for registration and getting your welcome $10.

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

Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Cryptocurrency 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. Unsure on how to send funds from Coinbase to an Crypto Trader? (Follow these easy steps)

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

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

Step 3 – Locate (DOT) Polkadot

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

In order to discover Polkadot (DOT), you will need to insert the short name of the asset (DOT) into the search-box, which is highlighted in the image. Be certain of having choosen the correct grouping, we have highlighted this also. Click on “DOT/BTC” to proceed.

Step 4 – Buying Polkadot (DOT)

Once you have spotted 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). Next we are going to make our Limit Order.

The “Price” field will be filled with the most up-to-date rate 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 want to purchase. The field with the “Total” tag is the aggregated price in BTC that you will pay for the complete volumen of DOT.

When you're glad, make a mouse click on “Buy DOT”. Your order will be filled when a Vender sells their DOT for the price you gave.

Step 5 – Withdraw (DOT) Polkadot

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

Find (DOT) Polkadot by using the given drop-down box. Drop in the amount of Polkadot (DOT) you would like to take off. Take into account the shown minimus/fees. Also make sure you have filled your correct withdraw address.

When you are glad, click “Submit”. You may be requested for verfication via phone/email before a withdrawal.

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

That's it!

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