How to Buy Polkadot (DOT) in Suriname

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

Step 1 – Join CEX.io

You will first need to buy units of the top-tier currencies. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click the button below to register and to get your welcome ETH (Ethereum) or BTC (Bitcoin).

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

Your Ethereum or Bitcoin has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is alike. Polkadot (DOT) is available on Binance, so we're going to use that as an sample. Unsure on how to send Coinbase funds to an Exchange? (Follow this guide)

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

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

Step 3 – Locate Polkadot (DOT)

Once your deposit has been affirmed, you will immediately have access to your funds and you can start buying and trading. To purchase (DOT) Polkadot on Binance, you'll want to hover over the “Exchange” tab and then mouse click on “Basic”.

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

Step 4 – Buy (DOT) Polkadot

Once you have discovered Polkadot (DOT), you will be given a Price Chart (in the Center of the picture) and some Order Books (on the Left of the picture). Next we are making our own Limit Order.

The “Price” field will be filled with the most up-to-date valuation Polkadot (DOT) was traded for. This can be changed to your favoured rate. The “Amount” field is the amount of DOT you like to purchase. The field with the “Total” tag is the total price in Bitcoin that you'll pay for the whole volumen of DOT.

If you're happy, make a mouse click on “Buy DOT”. Your order will be filled as soon as a Vender trades their DOT for the price you introduced.

Step 5 – Withdraw Polkadot (DOT)

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

Find (DOT) Polkadot by using the provided drop-down box. Put into the volumen of Polkadot (DOT) you'd wish to withdraw. Don't forget the shown minimus/fees. Also make sure you have entered your right withdraw address.

When you're glad, click on “Submit”. You may be requested for verfication via phone/email ahead of a take off.

Congrats! You've successfully purchased and stored (DOT) Polkadot in Suriname.

That's it!

Withdrawals from Cryptocurrency Exchange can durate anywhere from 1 – 30 minutes (depending on usage of the network). As soon as you've proved your withdrawal with Etherscan.io or Ethplorer.io and the Polkadot (DOT) is safe within your wallet, you're all done.