A Step-by-Step-Guide on how to buy Polkadot (DOT) in Swaziland
Step 1 – Signup to Coinbase and recieve 10$ for free You'll first need to buy units of the major currencies. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Click below to register and getting your welcome 10$.
Step 2 – Send Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Exchange Your Ethereum or Bitcoin has to be sent over to an Exchange now. All exchanges have a deposit form that is similar. Polkadot (DOT) is accessible on Binance, so we're going to use that as an sample. Unsure on how to send funds from Coinbase to an Exchange? (Follow these easy steps) Make sure you have selected the right coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, et cetera. If you are dealing with a decentralized exchange, like Airswap or DDEX could be divergent (Follow our manual).
Step 3 – Find Polkadot (DOT) Once your deposit has been affirmed, you will directly have access to your assets and you can initiate purchasing and trading. To invest in Polkadot (DOT) on Binance, you'll want to hover over the tab which is called “Exchange” and then mouse click on “Basic”. To spot Polkadot (DOT), you'll need to put the shortname of the coin (DOT) into the search-box, which is marked in the image. Make sure you have selected the proper grouping, we have marked this too. Click on “DOT/BTC” to go on.
Step 4 – Purchasing Polkadot (DOT) After you have located Polkadot (DOT), you'll be presented with a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the image). And now we're creating our own Limit Order. The “Price” field will be automatically filled with the recent rate Polkadot (DOT) was traded for. You can change this to your preferred rate. The field with the “Amount” tag is the amount of DOT you want to buy. The “Total” field is the aggregated price in Bitcoin that you'll settle for the complete volumen of DOT. If you are satisfied, click on “Buy DOT”. Your plan will be filled as soon as a Vendor sells their DOT for the price you gave.
Step 5 – Withdraw Polkadot (DOT) Unless you're frequently trading, never keep your crypto on an Crypto Exchange for an longer time period. In order to take off your (DOT) Polkadot, go to the tab called “Funds” and click on “Withdraw”. (DOT) Polkadot can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate Polkadot (DOT) by using the given drop-down box. Enter the volumen of Polkadot (DOT) you'd wish to withdraw. Don't forget the presented minimus/fees. Also make sure you have entered your precise withdraw address. If you're happy, make a mouse click on “Submit”. You could be requested for verfication via phone/email ahead of a withdrawal.