A Step-by-Step-Guide on how to buy Polkadot (DOT) in Wallis And Futuna
Step 1 – Join Kraken You will first need to purchase units of the major currencies. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Follow the Link below to register and to get your welcome Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an Cryptocurrency Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an 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 funds from Coinbase to an Crypto Exchange? (Just follow this how-to) Make sure you have chosen the precise coin you would like to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an Ethereum deposit address, etcetera. In the case you are using a decentralized exchange, like Airswap or DDEX could be unlike (Just follow these easy steps).
Step 3 – Locate Polkadot (DOT) Once your deposit has been affirmed, you'll instantly have access to your finances and you can commence purchasing and trading. To purchase (DOT) Polkadot on Binance, you will want to hover over the “Exchange” tab and then mouse click on “Basic”. In order to find (DOT) Polkadot, you will need to put the short name of the asset (DOT) into the search box, which is marked in the graphic. Make sure you have choosen the proper pairing, we've highlighted this too. Click on “DOT/BTC” to go ahead.
Step 4 – Buying Polkadot (DOT) Once you've found Polkadot (DOT), you'll be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the picture). And now we are creating our own Limit Order. The field with the “Price” tag will be automatically filled with the up-to-date rate Polkadot (DOT) was traded for. You can change this to your preferred rate. The “Amount” field is the volumen of DOT you want to purchase. The “Total” field is the aggregated price in Bitcoin that you'll pay for the whole amount of DOT. When you're satisfied, click on “Buy DOT”. Your plan will be filled as soon as a Vendor trades their DOT for the price you gave.
Step 5 – Withdraw (DOT) Polkadot Unless you're trading, you should never keepyour coins on an Exchange for an longer period of time. To withdraw your (DOT) Polkadot, go to the “Funds” tab and click on “Withdraw”. Polkadot (DOT) can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate Polkadot (DOT) by using the given drop-down box. Put into the amount of (DOT) Polkadot you would like to take off. Take into account the demonstrated fees/minimums. Also make sure you have filled your precise withdraw address. When you are satisfied, make a mouse click on “Submit”. You may be asked for email/phone verification before a withdrawal.