A Step-by-Step-Guide on how to buy Polkadot (DOT) in Tonga
Step 1 – Join Coinbase – Get Free $10 You'll first need to purchase one of the top-tier currencies. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click the button below to register and getting your welcome 10$.
Step 2 – Transmit Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Exchange Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Crypto Trader now. Every exchange has 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 Coinbase funds to an Crypto Trader? (Follow these easy steps) Make sure you've chosen the correct coin you wish to deposit. BTC must be sent to a BTC deposit address, Ethereum to an ETH deposit address, and so forth. In the case you're using a decentralized exchange, such as Airswap or DDEX could be different (Follow our how-to).
Step 3 – Find Polkadot (DOT) As soon as your deposit has been approved, you'll instantly have access to your finances and you can initiate invest and trading. To purchase Polkadot (DOT) on Binance, you will want to hover over the tab which is called “Exchange” and click on “Basic”. In order to discover (DOT) Polkadot, you will need to put the shortname of the coin (DOT) into the search box, which is marked in the image. Be certain of having selected the correct pairing, we've marked this too. Click on “DOT/BTC” to go ahead.
Step 4 – Purchasing (DOT) Polkadot Once you've spotted Polkadot (DOT), you will be presented with a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the image). And now we are making our Limit Order. The field with the “Price” tag will be automatically filled with the up-to-date price (DOT) Polkadot was sold for. This can be changed to your favoured rate. The field with the “Amount” tag is the amount of DOT you want to purchase. The “Total” field is the total price in BTC that you'll pay for the complete volumen of DOT. If you are happy, make a mouse click on “Buy DOT”. Your plan will be filled as soon as a Seller trades their DOT for the price you gave.
Step 5 – Withdraw Polkadot (DOT) Unless you're trading, you should never keepyour crypto coins on an Crypto Exchange for an longer time period. In order to withdraw your (DOT) Polkadot, hover over the “Funds” tab and click on “Withdraw”. Polkadot (DOT) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Polkadot (DOT) by using the given drop-down box. Drop in the volumen of (DOT) Polkadot you would wish to withdraw. Take into account the demonstrated fees/minimums. Also make sure you have entered your correct withdraw address. When you're happy, click “Submit”. You may be requested for verfication via phone/email before a withdrawal.