How to Buy Polkadot (DOT) in Bhutan

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

Step 1 – Join Coinbase and get 10$ for free

You'll first need to purchase one of the major currencies. Exchanges usually accept either Bitcoin or Ethereum in exchange for Altcoins. Click the button below to register and receive your first $10.

Step 2 – Send Your Bitcoin or Ethereum to an Crypto Trader

Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is alike. Polkadot (DOT) is accessible on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow this guide)

Make sure you have selected the correct 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 working with a decentralized exchange, such as Airswap or DDEX could be different (Just follow our guide).

Step 3 – Locate Polkadot (DOT)

Once your deposit has been affirmed, you will directly have access to your assets and you can initiate buying and trading. To purchase (DOT) Polkadot on Binance, you will want to hover over theExchangetab and after that click onBasic”.

In order to locate Polkadot (DOT), you'll need to insert the short name of the asset (DOT) into the search box, which is marked in the picture. Make sure you have choosen the right pairing, we have highlighted this also. Click onDOT/BTCto advance.

Step 4 – Buy (DOT) Polkadot

As soon as you've discovered (DOT) Polkadot, you will be presented with a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). Next we are going to create our own Limit Order.

The field with thePricetag will be filled automatically with the up-to-date tariff (DOT) Polkadot was sold for. You can change this to your favoured price. The field with theAmounttag is the quantity of DOT you like to buy. TheTotalfield is the whole price in BTC that you will pay for the complete quantity of DOT.

If you're satisfied, make a mouse click onBuy DOT”. Your order will be filled as soon as a Seller trades their DOT for the price you submitted.

Step 5 – Withdraw Polkadot (DOT)

Unless you're regularly trading, best advise is not to keep your crypto coins on an Exchange for an extensive period of time. To take off your (DOT) Polkadot, hover over the tab calledFundsand click onWithdraw”. Polkadot (DOT) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Polkadot (DOT) by using the given drop-down box. Enter the volumen of (DOT) Polkadot you'd wish to withdraw. Don't forget the demonstrated minimus/fees. Also make sure you have filled your correct withdraw address.

If you are satisfied, clickSubmit”. You could be requested for email/phone verification ahead of a take off.

Kudos! You've successfully bought and safed Polkadot (DOT) in Bhutan.

That's it!

Withdrawals from Exchange can take between 1 – 30 minutes (depending on network usage). As soon as you have confirmed your take off using Etherscan.io or Ethplorer.io and the Polkadot (DOT) is safe inside your wallet, you are finished.