How to Purchase Polkadot (DOT) using SideShift (XAI)

To buy Polkadot using SideShift, first, find a cryptocurrency exchange that supports the DOT/XAI trading pair. Create an account, verify your identity, and deposit your XAI into your exchange wallet. Locate the DOT/XAI pair on the trading platform and place an order to exchange your SideShift for Polkadot. If the DOT/XAI pair is unavailable, you can first exchange SideShift 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 Germany, it’s also important to consider the tax implications of your trades, as capital gains tax may apply to your profits from cryptocurrency transactions.