A Step-by-Step-Guide on how to buy Polkadot (DOT) in Côte DIvoire
Step 1 – Join Coinbase and recieve 10$ for free You will first need to buy one of the major currencies. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Click below to register and getting your first 10$.
Step 2 – Transmit Your Ethereum or Bitcoin to an Cryptocurrency Exchange Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is alike. Polkadot (DOT) is obtainable on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Exchange? (Follow this guide) Make sure you've selected the precise coin you would like to deposit. BTC must be sent to a BTC deposit address, ETH to an Ethereum deposit address, et cetera. If you are using a decentralized exchange, like Airswap or DDEX could be divergent (Just follow these easy steps).
Step 3 – Locate (DOT) Polkadot Once your deposit has been confirmed, you will directly have access to your assets and you can begin purchasing and trading. To invest in Polkadot (DOT) on Binance, you will want to hover over the “Exchange” tab and after that mouse click on “Basic”. To spot Polkadot (DOT), you will need to insert the short name of the asset (DOT) into the search box, which is highlighted in the picture. Be certain of having selected the correct grouping, we've marked this also. Click on “DOT/BTC” to proceed.
Step 4 – Buying (DOT) Polkadot After you have spotted Polkadot (DOT), you will be given a Price Chart (in the Center of the image) and a few Order Books (Leftside of the picture). For now we're creating our own Limit Order. The field with the “Price” tag will be automatically filled with the latest valuation Polkadot (DOT) was traded for. This can be changed to your favoured rate. The “Amount” field is the amount of DOT you wish to buy. The “Total” field is the total price in BTC that you will pay for the whole quantity of DOT. If you're happy, make a mouse click on “Buy DOT”. Your order will be filled when a Vender sells their DOT for the price you offered.
Step 5 – Withdraw (DOT) Polkadot Unless you're regularly trading, you should never keepyour coins on an Exchange for an extended time period. In order to take off your (DOT) Polkadot, hover over the tab called “Funds” and click on “Withdraw”. (DOT) Polkadot can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate (DOT) Polkadot by using the provided drop-down box. Drop in the quantity of Polkadot (DOT) you'd wish to take off. Take into account the shown fees/minimums. Also make sure you have filled your precise withdraw address. When you are glad, make a mouse click on “Submit”. You could be asked for email/phone verification before a take off.