A Step-by-Step-Guide on how to buy Polkadot (DOT) in Slovenia
Step 1 – Signup to Kraken You'll first need to buy units of the bigger coins. Exchanges commonly accept either Bitcoin or Ethereum in exchange for alternative Coins. Follow the Link below to register and getting your welcome Ethereum or Bitcoin.
Step 2 – Transmit Your Bitcoin or Ethereum to an Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is alike. Polkadot (DOT) is accessible on Binance, so we will use that as an illustration. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this manual) Make sure you have chosen the exact coin you wish to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etc. If you are using a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our manual).
Step 3 – Locate (DOT) Polkadot As soon as your deposit has been verified, you will directly have access to your funds and you can commence invest and trading. To buy Polkadot (DOT) on Binance, you will want to hover over the tab which is called “Exchange” and then mouse click on “Basic”. In order to discover Polkadot (DOT), you will need to put the short name of the asset (DOT) into the search box, which is highlighted in the picture. Make sure you have choosen the right pairing, we've marked this also. Click on “DOT/BTC” to proceed.
Step 4 – Acquisition of Polkadot (DOT) Once you have located (DOT) Polkadot, you'll be presented with a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the image). For now we're making our Limit Order. The field with the “Price” tag will be automatically filled with the most recent valuation Polkadot (DOT) was traded for. You can change this to your favoured rate. The “Amount” field is the volumen of DOT you want to purchase. The “Total” field is the whole price in BTC that you will pay for the complete quantity of DOT. If you are satisfied, click on “Buy DOT”. Your order will be filled as soon as a Seller trades their DOT for the price you submitted.
Step 5 – Withdraw (DOT) Polkadot Unless you're trading, best advise is not to keep your crypto on an Cryptocurrency Exchange for an longer time period. To take off your Polkadot (DOT), go to the tab called “Funds” and mouse click on “Withdraw”. (DOT) Polkadot can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find (DOT) Polkadot by using the given drop-down box. Enter the quantity of Polkadot (DOT) you'd like to withdraw. Take into account the presented fees/minimums. Also make sure you have entered your right withdraw address. If you are glad, make a mouse click on “Submit”. You may be asked for email/phone verification ahead of a take off.