How to Purchase Polkadot (DOT) with Defispot (SPOT) in Canada

To buy Polkadot using Defispot, first, find a cryptocurrency exchange that supports the DOT/SPOT trading pair. Create an account, verify your identity, and deposit your SPOT into your exchange wallet. Locate the DOT/SPOT pair on the trading platform and place an order to exchange your Defispot for Polkadot. If the DOT/SPOT pair is unavailable, you can first exchange Defispot 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 in Canada.

How to Sell Polkadot (DOT) for Defispot (SPOT) in Canada

To sell Polkadot for Defispot, first, find a cryptocurrency exchange that supports the DOT/SPOT trading pair. Create an account, verify your identity, and deposit your DOT into your exchange wallet. Locate the DOT/SPOT pair on the trading platform and place a sell order to exchange your Polkadot for Defispot. If the DOT/SPOT pair is unavailable, you can first sell Polkadot for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Defispot. Be mindful of potential exchange fees, which vary by platform and can affect the total amount you receive in Canadian dollars.