User description

Above are some ways to buy DOT on Binance that are pretty simple. Buying DOT with a credit card is not recommended due to the high exchange rate and possible additional transaction fees for the card provider. Convert feature can be easy and suitable for newbies to Binance. However, to buy DOT at the best price as desired, users can use the Spot trading feature and use Limit orders. You8217;re also able to buy Polkadot (DOT) directly with GBP on Coinbase Pro. This means that you don8217;t have to faff around with converting your GBP into something like Tether (USDT), and then exchanging that for Polkadot (DOT) 8211; which is what you8217;ll have to do on some alternative cryptocurrency exchanges. Without any further input, you will then buy DOT at the current market price for BTC. If you set a 8220;Limit Order8221;, the purchase will not be initiated until the price from Polkadot to BTC reaches the value you set.The status of your DOT buy order is shown in the bottom line. If you buy polkadot at the market price, the order is executed in seconds. If you buy polkadot at a 8220;Limit Or8221;, the waiting time will of course depend on the price development.