How to Buy Polkadot (DOT) in Sierra Leone

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

Step 1 – Join Kraken

You'll first need to buy units of the top-tier coins. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Follow the Link below for registration and getting your welcome Ethereum or Bitcoin.

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

Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is alike. Polkadot (DOT) is obtainable on Binance, so we will use that as an illustration. Unsure on how to send Coinbase funds to an Crypto Trader? (Just follow these easy steps)

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

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etc. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be different (Just follow our manual).

Step 3 – Locate (DOT) Polkadot

As soon as your deposit has been affirmed, you'll now have access to your assets and you can initiate invest and trading. To purchase (DOT) Polkadot on Binance, you will want to go to the “Exchange” tab and mouse click on “Basic”.

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

Step 4 – Buy Polkadot (DOT)

Once you've located Polkadot (DOT), you'll be presented with a Price Chart (in the Center of the image) and some Order Books (Leftside of the picture). And now we are going to create our Limit Order.

The field with the “Price” tag will be automatically filled with the most recent rate Polkadot (DOT) was sold for. You can change this to your desired price. The field with the “Amount” tag is the amount of DOT you like to buy. The field with the “Total” tag is the total price in Bitcoin that you will settle for the whole volumen of DOT.

If you are happy, click on “Buy DOT”. Your order will be filled as soon as a Vender sells their DOT for the price you introduced.

Step 5 – Withdraw Polkadot (DOT)

Unless you're regularly trading, best advise is not to keep crypto on an Crypto Trader for an extended time period. To take off your (DOT) Polkadot, hover over the tab called “Funds” and click on “Withdraw”. (DOT) Polkadot can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate (DOT) Polkadot by using the provided drop-down box. Put into the quantity of (DOT) Polkadot you would wish to take off. Take into account the demonstrated fees/minimums. Also make sure you have entered your right withdraw address.

If you're happy, make a mouse click on “Submit”. You may be asked for verfication via email/phone ahead of a withdrawal.

Kudos! You've successfully purchased and stored (DOT) Polkadot in Sierra Leone.

That's it!

Take offs from Cryptocurrency Exchange can take between 1 – 30 minutes (depending on network usage). Once you have confirmed your take off using Etherscan.io or Ethplorer.io and the Polkadot (DOT) is safe inside your wallet, you are done.