The parachains are coming, you should consider buying more Polkadot.
Polkadot is currently valued at $50.19 and it has gone up by 10.90% in the past one week. The coin reached it All Time High of $53.25 recently and there are no indications that it will drop drastically.
Ahead of Polkadot’s first parachain auction that is coming on 4th November, DOT looks set to get to $80 and even beyond.
The auction is highly anticipated and it will continue the whole of November, this will ensure DOT’s rally in the weeks ahead.
One of the major things that has affected the price of DOT positively is the retail FOMO. High positive social media sentiments and social volumes have been instrumental to the growth of DOT.
The coming days will be instrumental and I will advice that you consider buying DOT.
How To Buy Polkadot
You can buy DOT through Binance Smart Chain or Heco.
Here are the Contract Addresses for both.
Binance Smart Chain: 0x7083609fce4d1d8dc0c979aab8c869ea2c873402
However, if you have an account on Binance, follow the steps below to buy the DOT.
Ensure that you have deposited funds in your USDT or BUSD.
If you do not have funds there, you can simply fund your wallet by purchasing funds on Binance through the P2P (Peer-to-Peer).
Read How To Fund Your Binance Wallet Through P2P Here.
If you already have funds or you have funded your wallet, simply click on the search symbol on Binance and type ‘DOT’.
It will display as shown below. If you had USDT funds, select DOT/USDT. If you had BUSD funds, select DOT/BUSD.
Once you click on any of them, it will open a new page, click on ‘Buy’. Insert the total DOT you want to buy in the third box that is empty.
The second box shows the value of the coin, the third box is where you insert the total DOTs you want to buy. Allow the order type to remain on ‘Limit’.
or you can simply type in the amount of BUSD you want to buy DOT just before the ‘Buy DOT’ button where you have the Total BUSD box, see below.
Once you are done, click on ‘Buy DOT’.
Polkadot has potentials and you should consider buying it.
Please note that this is not a financial advice, Do Your Own Research. Drop questions on the comment box below.