A Step-by-Step-Guide on how to buy Polkadot (DOT) in Togo
Step 1 – Signup to Coinbase and recieve 10$ for free You will first need to buy one 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 10 Dollar.
Step 2 – Send Your BTC (Bitcoin) or ETH (Ethereum) to an Exchange Your Bitcoin or Ethereum has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is alike. Polkadot (DOT) is obtainable on Binance, so we're going to use that as an illustration. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this manual) Make sure you have chosen the exact coin you would like to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, and so forth. In the case you're using a decentralized exchange, like Airswap or DDEX could be different (Just follow our guide).
Step 3 – Find Polkadot (DOT) As soon as your deposit has been affirmed, you'll directly have access to your funds and you can launch buying and trading. To buy (DOT) Polkadot on Binance, you'll want to go to the “Exchange” tab and mouse click on “Basic”. To locate (DOT) Polkadot, you'll need to insert the shortname of the coin (DOT) into the search-box, which is marked in the image. Be certain of having selected the right grouping, we've marked this too. Click on “DOT/BTC” to proceed.
Step 4 – Buying Polkadot (DOT) As soon as 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 (Leftside of the image). Next we are making our own Limit Order. The field with the “Price” tag will be filled automatically with the latest tariff (DOT) Polkadot was sold for. This can be changed to your favoured rate. The “Amount” field is the amount of DOT you wish to buy. The field with the “Total” tag is the whole price in Bitcoin that you will settle for the complete amount of DOT. If you're satisfied, click on “Buy DOT”. Your plan will be filled as soon as a Vendor trades their DOT for the price you submitted.
Step 5 – Withdraw Polkadot (DOT) Unless you're frequently trading, never keep your crypto on an Exchange for an extended time frame. In order to take off your (DOT) Polkadot, hover over the tab called “Funds” and click on “Withdraw”. (DOT) Polkadot can be securely stored using a Wallet, for instance 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 shown fees/minimums. Also make sure you have entered your precise withdraw address. When you are glad, click on “Submit”. You could be requested for phone/email verification ahead of a take off.