How to Buy Polkadot (DOT) in Trinidad And Tobago

A Step-by-Step-Guide on how to buy Polkadot (DOT) in Trinidad And Tobago

Step 1 – Join Coinbase – Get Free $10

You'll first need to purchase units of the top-tier coins. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click below to register and to get your welcome 10 Dollar.

Step 2 – Transmit Your Ethereum or Bitcoin to an Crypto Exchange

Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Cryptocurrency 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 example. Unsure on how to send Coinbase funds to an Crypto Trader? (Just follow this guide)

Make sure you have chosen the right coin you wish to deposit.

BTC must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, etcetera. In the case you are working with a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our manual).

Step 3 – Find Polkadot (DOT)

As soon as your deposit has been confirmed, you'll immediately have access to your funds and you can launch purchasing and trading. To purchase (DOT) Polkadot on Binance, you'll want to go to the tab which is called “Exchange” and after that mouse click on “Basic”.

In order to discover (DOT) Polkadot, you'll need to put the cointype (DOT) into the search box, which is highlighted in the graphic. Make sure you have choosen the proper pairing, we have marked this also. Click on “DOT/BTC” to continue.

Step 4 – Purchase (DOT) Polkadot

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

The “Price” field will be filled with the most latest tariff Polkadot (DOT) was traded for. This can be changed to your preferred rate. The “Amount” field is the amount of DOT you like to purchase. The field with the “Total” tag is the aggregated price in Bitcoin that you'll settle for the complete volumen of DOT.

When you are happy, make a mouse click on “Buy DOT”. Your order will be filled as soon as a Vendor sells their DOT for the price you gave.

Step 5 – Withdraw Polkadot (DOT)

Unless you are trading, you should never keepyour coins on an Crypto Trader for an extended time frame. To withdraw your (DOT) Polkadot, hover over the tab called “Funds” and mouse click on “Withdraw”. (DOT) Polkadot can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Polkadot (DOT) by using the given drop-down box. Drop in the quantity of (DOT) Polkadot you would wish to withdraw. Take into account the presented minimus/fees. Also make sure you have filled your right withdraw address.

If you are satisfied, make a mouse click on “Submit”. You may be requested for phone/email verification ahead of a take off.

Congratulations! You've successfully purchased and safed (DOT) Polkadot in Trinidad And Tobago.

That's it!

Withdrawals from Crypto Trader can take between 1 – 30 minutes (depending on usage of the network). As soon as you've proved your withdrawal using Ethplorer.io or Etherscan.io and the (DOT) Polkadot is stored inside your wallet, you are finished.