How to buy Polkadot (DOT) ✅ Step-by-Step Tutorial

in this video i will show you how to quickly 
and easily buy the cryptocurrency polka dot   i will show you step by step how to exchange money 
from your bank account into polka dot we do all   this with what i think is the best platform 
to trade cryptocurrencies and that is finance   finance is the world's largest exchange and 
you can deposit fiat and trade all relevant   cryptocurrencies the fees are very low at 0.1 
percent and if you use the link from the video   description you will get another 10 discount on 
all trading fees so you will end up with only 0.09   percent fees to create an account simply enter 
your details here and then you're ready to go   once you have created an account and login for 
the first time the page will look like this the   first step we need to verify our account if you 
want to buy cryptocurrencies with fiat money   for example euros dollars and so on 
you need to complete this verification   do this we click on the icon right here on 
the top corner and then go to identification on this page we now have to make sure that our 
personal details right here are verified like here   on the right side you should have this yellow 
button with verified like here below and you   just have to click on it and then simply upload a 
picture of yourself and your id to complete this   verification this is called kyc know your customer 
and is simply there to prevent money laundering   okay once you're done with that now there 
are two options to buy cryptocurrencies   the easiest way to buy crypto is by using a credit 
card if you plan to do that you can skip the next   step and fast forward to the purchase in the 
second option we first have to deposit our fiat   money through a bank transfer and then make the 
purchase depending on whether you have a credit   card and which option you prefer you can decide 
which one to choose the deposit fiat money into   our binance account we go to wallet on the top 
right here and then go to fiat and spot wallet here we can see all of our balances 
that we have in our binance account   up here we can see our fiat balances and down 
here we can see all of our crypto balances   to deposit money we click on 
deposit right here at the top then we need to make sure that fiat is selected 
right here and then we can choose whichever   currency we want to deposit depending on where 
you live you can select your currency right here   and then you can select your payment method 
right down here in the us for example this   would be a transfer via the swift system and 
if you live in the european union for example   this would be a drag bank transfer through 
the cpa system do this simply enter the   amount you want to deposit right here 
on the right and then you hit continue then you'll find all the relevant 
information you need for the bank transfer   very important don't forget to enter 
your reference code in the bank transfer   which will be shown right here so the 
transfer will be assigned to your account   once you've made the transfer you will have to 
wait one to two days for it to arrive when the   money has arrived we can easily check this by 
clicking on wallet again and then fiat and spot then we can see if the money has been 
credited to our currency account right   here if this has happened we can now 
buy the cryptocurrency in our last step   first i'll show you the easiest option which 
is to buy polka dot by using our credit card   to do that we go to buy crypto on top and 
then we click on credit slash debit card   we'll end up on this page where we can select 
the currency we want to buy right here on the   right side i'll click on that and type in dot 
for polka dot and select polka dot now we can   see the price chart right here and here on the 
right side we can use the currents you want to   pay with so in my case this would be euro but you 
can select whatever currency you want to use we'll   have to type in the amount we want to buy i'll do 
for example 500 euros of polka dot this will leave   us with around 29 polka dot what we're getting 
and then we can see okay visa and mastercard are   accepted and we click on buy dot and there will be 
a page where we have to enter our card information   and we have to confirm our purchase and the 
purchase is done if you want to use the second   option and you have deposited um money through a 
bank transfer you will have to click on buy crypto   and then click on cash balance so buy crypto 
with your cash balance that you have deposited we'll end up on a page that looks pretty similar 
right here on the right side we can type in the   amount we want to buy and here we can select 
our coin so i'll click on that and type in dot   again and select polka dot and then we can see 
okay we have a cash balance of 200 euros so i'll   just for example type in 200 euros that we want 
to buy this will leave us with around 11 pocket   that we're getting and we click on buy dot get to 
this confirmation page again where we're seeing   how much polka dot exactly we're getting at 
what price we're buying how um how much fees   we're paying in this case it would be 20 cents 
which is pretty low and we can see our total   amount that we're investing in this case 200 euros 
then we click on confirm and our purchase is done   that's it for this video don't forget to 
register on binance using the link from the video   description to save the 10 on fees if you have any 
questions feel free to ask them in the comments

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