How to Buy Polkadot (DOT) in Azerbaijan

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

Step 1 – Join Coinbase and recieve 10$ for free

You will first need to purchase units of the top-tier currencies. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Click below for registration and receive your welcome 10$.

Binance Signup
Step 2 – Transfer Your Funds to an Exchange

Your Ethereum or Bitcoin will need to be sent over to an Exchange now. Every exchange has a deposit form that is alike. Polkadot (DOT) is available on Binance, so we will use that as an illustration. Unsure on how to send funds from Coinbase to an Exchange? (Just follow this guide)

Make sure you've chosen the exact coin you want to deposit.

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etc. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow our manual).

Step 3 – Locate {Polkadot (DOT)|(DOT) Polkadot}

As soon as your deposit has been verified, you will directly have access to your funds and you can begin buying and trading. To purchase {Polkadot (DOT)|(DOT) Polkadot} on Binance, you will want to hover over the tab which is called “Exchange” and click on “Basic”.

To discover {Polkadot (DOT)|(DOT) Polkadot}, you will need to insert the cointype (DOT) into the search-box, which is marked in the picture. Make sure you have choosen the correct pairing, we have marked this too. Click on “DOT/BTC” to continue.

{How to buy Coin on Binance 1|Binance How To Buy 1} Polkadot (DOT)
Step 4 – Purchase {Polkadot (DOT)|(DOT) Polkadot}

After you've discovered {Polkadot (DOT)|(DOT) Polkadot}, you will be presented with a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). Next we're making our own Limit Order.

The field with the “Price” tag will be filled with the recent tariff {Polkadot (DOT)|(DOT) Polkadot} was traded for. This can be changed to your desired price. The field with the “Amount” tag is the quantity of DOT you want to purchase. The field with the “Total” tag is the whole price in Bitcoin that you will settle for the complete quantity of DOT.

When you are satisfied, click on “Buy DOT”. Your plan will be filled as soon as a Vender sells their DOT for the price you offered.

Step 5 – Withdraw {Polkadot (DOT)|(DOT) Polkadot}

Unless you are frequently trading, best advise is not to keep crypto on an Exchange for an extended time period. To withdraw your {Polkadot (DOT)|(DOT) Polkadot}, go to the ”Funds” tab and click on “Withdraw”. {Polkadot (DOT)|(DOT) Polkadot} can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find {Polkadot (DOT)|(DOT) Polkadot} by using the provided drop-down box. Drop in the quantity of {Polkadot (DOT)|(DOT) Polkadot} you'd like to withdraw. Don't forget the displayed fees/minimums. Also make sure you have entered your correct withdraw address.

If you are satisfied, make a mouse click on “Submit”. You could be requested for verfication via email/phone ahead of a withdrawal.

Congrats! You have successfully bought and safed Polkadot (DOT) in Azerbaijan.

That's it!

Withdrawals from Crypto Trader can durate between 1 – 30 minutes (rely on network usage). Once you've confirmed your take off using Ethplorer.io or Etherscan.io and the {Polkadot (DOT)|(DOT) Polkadot} is stored in your wallet, you're finished.

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