How to Buy Polkadot (DOT) in Zimbabwe

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

Step 1 – Signup to Kraken

In the beginning you'll need to purchase units of the top-tier currencies. Exchanges normally accept either Ethereum or Bitcoin in exchange for Altcoins. Follow the Link below to register and to get your welcome Bitcoin or Ethereum.

Step 2 – Transfer Your Ethereum or Bitcoin to an Cryptocurrency Exchange

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

Make sure you have selected the correct coin you want to deposit.

Bitcoin must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, et cetera. In the case you're working with a decentralized exchange, like Airswap or DDEX could be opposed (Follow our manual).

Step 3 – Find (DOT) Polkadot

Once your deposit has been confirmed, you will now have access to your assets and you can commence invest and trading. To invest in Polkadot (DOT) on Binance, you'll want to hover over the tab which is called “Exchange” and click on “Basic”.

In order to find (DOT) Polkadot, you'll need to insert the short name of the asset (DOT) into the search box, which is marked in the image. Be certain of having choosen the right pairing, we have marked this also. Click on “DOT/BTC” to progress.

Step 4 – Acquisition of Polkadot (DOT)

As soon as you've spotted (DOT) Polkadot, you'll be given a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). And now we're going to make our own Limit Order.

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

When you're happy, click on “Buy DOT”. Your plan will be filled when a Vendor sells their DOT for the price you gave.

Step 5 – Withdraw Polkadot (DOT)

Unless you're trading, best advise is not to keep your coins on an Cryptocurrency Exchange for an extensive period of time. In order to take off your Polkadot (DOT), hover over the tab called “Funds” and mouse click on “Withdraw”. (DOT) Polkadot can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate (DOT) Polkadot by using the provided drop-down box. Drop in the amount of Polkadot (DOT) you would wish to withdraw. Don't forget the presented fees/minimums. Also make sure you have filled your right withdraw address.

When you are happy, click “Submit”. You could be asked for email/phone verification ahead of a take off.

Congratulations! You have successfully bought and safed (DOT) Polkadot in Zimbabwe.

That's it!

Take offs from Exchange can durate between 1 – 30 minutes (rely on usage of the network). Once you have proved your take off using Etherscan.io or Ethplorer.io and the Polkadot (DOT) is stored inside your wallet, you're done.