How to Buy Polkadot (DOT) in Thailand

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

Step 1 – Join Kraken

You will first need to buy one of the bigger coins. Exchanges normally accept either Bitcoin or Ethereum in exchange for alternative Coins. Click below for registration and getting your welcome BTC (Bitcoin) or ETH (Ethereum).

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

Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. Polkadot (DOT) is accessible on Binance, so we're going to use that as an sample. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow these easy steps)

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

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

Step 3 – Find (DOT) Polkadot

As soon as your deposit has been affirmed, you will now have access to your finances and you can begin invest and trading. To purchase (DOT) Polkadot on Binance, you will want to hover over the “Exchange” tab and then click on “Basic”.

To locate Polkadot (DOT), you'll need to insert the cointype (DOT) into the search box, which is marked in the graphic. Be certain of having choosen the proper grouping, we have marked this also. Click on “DOT/BTC” to continue.

Step 4 – Purchase (DOT) Polkadot

After you've found Polkadot (DOT), you'll be presented with a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). And now we're going to create our Limit Order.

The field with the “Price” tag will be automatically filled with the most recent rate (DOT) Polkadot was traded for. This can be changed to your desired price. The field with the “Amount” tag is the amount of DOT you wish to purchase. The field with the “Total” tag is the whole price in Bitcoin that you will settle for the whole volumen of DOT.

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

Step 5 – Withdraw (DOT) Polkadot

Unless you're regularly trading, you should never keepyour crypto coins on an Cryptocurrency Exchange for an longer time frame. In order to withdraw your Polkadot (DOT), hover over the tab called “Funds” and click on “Withdraw”. Polkadot (DOT) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find (DOT) Polkadot by using the given drop-down box. Put into the volumen of Polkadot (DOT) you'd wish to take off. Take into account the demonstrated minimus/fees. Also make sure you have entered your right withdraw address.

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

Kudos! You have successfully bought and safed Polkadot (DOT) in Thailand.

That's it!

Withdrawals from Crypto Trader can take anywhere from 1 – 30 minutes (rely on network usage). Once you have confirmed your withdrawal using Etherscan.io or Ethplorer.io and the (DOT) Polkadot is safe inside your wallet, you are finished.