How to Buy Polkadot (DOT) in Turkey

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

Step 1 – Join Coinbase and recieve 10$ for free

You will first need to buy units of the bigger currencies. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Click below for registration and receive your welcome $10.

Step 2 – Transmit Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Exchange

Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Exchange now. Every exchange has a deposit form that is identical. Polkadot (DOT) is obtainable on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Crypto Trader? (Just follow this how-to)

Make sure you've chosen the precise coin you wish to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, etc. In the case you are working with a decentralized exchange, like Airswap or DDEX could be unlike (Just follow these easy steps).

Step 3 – Find (DOT) Polkadot

Once your deposit has been verified, you'll immediately have access to your assets and you can launch invest and trading. To buy Polkadot (DOT) on Binance, you'll want to go to the tab which is called “Exchange” and mouse click on “Basic”.

To find (DOT) Polkadot, you will need to insert the shortname of the coin (DOT) into the search-box, which is marked in the picture. Make sure you have selected the correct grouping, we have highlighted this too. Click on “DOT/BTC” to progress.

Step 4 – Purchasing Polkadot (DOT)

After you've spotted Polkadot (DOT), you'll be presented with a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the picture). And now we are going to create our Limit Order.

The field with the “Price” tag will be automatically filled with the up-to-date tariff Polkadot (DOT) was sold for. This can be changed to your favoured price. The “Amount” field is the volumen of DOT you like to buy. The field with the “Total” tag is the total price in Bitcoin that you will settle for the whole quantity of DOT.

If you are glad, make a mouse click on “Buy DOT”. Your order will be filled when a Vendor sells their DOT for the price you offered.

Step 5 – Withdraw (DOT) Polkadot

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

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

When you are glad, click on “Submit”. You could be asked for verfication via email/phone before a take off.

Congratulations! You've successfully purchased and stored (DOT) Polkadot in Turkey.

That's it!

Withdrawals from Cryptocurrency Exchange can take anywhere from 1 – 30 minutes (rely on usage of the network). As soon as you've confirmed your withdrawal with Ethplorer.io or Etherscan.io and the Polkadot (DOT) is stored within your wallet, you are finished.