Cryptocurrency is the next big thing in the currenct market trend. Most of us are search how or How to buy Polkadot (DOT) In this post we are going to show you how to buy Polkadot..
How to Buy Polkadot (DOT) Coin ?
Buying Polkadot (DOT) is easy nowadays, All you need to do is find a crypto exchange which have listed Polkadot as a trading pair. Polkadot Listed on Most of the Crypto Exchanges. Today we are going to Choose Binance as a Crypto Exchange and Going to Buy a Polkadot on Binance Exchange.
Create an Account
We need to create an account in Binance. Go to Binance.com
Choose to Create an Account
Fill out the form and verify your account.
Verify 2 Factor Authentication
2 Factor Authentication is Optional but you need to activate it for security reasons.
There are different types of 2FA methods are available. if you looking for an easy method you could choose a google authentication method. it’s easy to set up and easy to get code even in offline mode. Otherwise, You can activate 2FA using your mobile or email address.
Whenever you log in on different IP or different devices it’ll require a 2FA code to Login to your Binace Account
KYC Verification on Binance Exchange is mandatory. You need to complete your identification before buying Polkadot (DOT) On Binance
Buying Polkadot (DOT) on Binance
There are a number of ways to buy Polkadot from the Binance homepage, including Credit/Debit Card, Cash Balance, and P2P.
Select Buy Now Option on Home Page.
You can Buy Polkadot from the Binance homepage, including Credit/Debit Card, Cash Balance, and P2P.
Choose the Preferred Amount on Your Primary Currency (USD,EURO) and Select Polkadot on the Fiat Currency.
You can choose your preferred payment method here. To buy with credit/debit card, click [Visa/Mastercard] – [Continue].
Enter Your Card Information and Click Proceed.
Now you need to Check the Payment Details. In most cases, it takes a few seconds to complete the order.
That’s it You have bought Polkadot on Binance Exchange.
Now, You can Trade those coins for other pairs
You can send your coin to other Crypto Wallets.
How to Trade Polkadot (DOT)
After purchasing Polkadot (DOT) Now you can trade with your Polkadot (DOT) Coin.
Goto Advance Mode. Now you can sell your DOT for ETH or USDT or BTC.
You use the Sell Coin option to sell DOT. Enter the amount you want to sell. Click the “Sell DOT” bar afterward. You will see a “Limit Sell Order Created” pop-up immediately.
Now Open the Orders section afterward to see the limit sell order. Wait for the open order to complete, and once it happens, your trade will be completed.
How to Store Your DOT on Physical Crypto Wallet?