How to Buy Polkadot (DOT) with Binance-Peg WETH (WETH)
To buy Polkadot using Binance-Peg WETH, first, find a cryptocurrency exchange that supports the DOT/WETH trading pair. Create an account, verify your identity, and deposit your WETH into your exchange wallet. Locate the DOT/WETH pair on the trading platform and place an order to exchange your Binance-Peg WETH for Polkadot. If the DOT/WETH pair is unavailable, you can first exchange Binance-Peg WETH for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Polkadot. Be mindful of potential exchange fees, which vary by platform and can affect the total cost of your transaction.
How to Sell Polkadot (DOT) for Binance-Peg WETH (WETH)
To sell Polkadot for Binance-Peg WETH, first, find a cryptocurrency exchange that supports the DOT/WETH trading pair. Create an account, verify your identity, and deposit your DOT into your exchange wallet. Locate the DOT/WETH pair on the trading platform and place a sell order to exchange your Polkadot for Binance-Peg WETH. If the DOT/WETH pair is unavailable, you can first sell Polkadot for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Binance-Peg WETH. Be mindful of potential exchange fees, which vary by platform and can affect the total amount you receive.