How and Where to Buy Polkastarter in the UK

What is Polkastarter?

Polkastarter is a site for IDO on the Polkadot blockchain. The project started in the fall of 2020, led by Daniel Stockhaus, Tiago Martins, and two advisors, Danilo Carlucci and Matthew Dibb.

The first rounds of investment raised £652,618 from Signum Capital, Astronaut Capital, Moonrock Capital, and NGC Ventures. The IDO process raised £14 million.

POLS is used in the Polkastarter ecosystem as a service token. Its holders can vote on protocol functionality.

How to buy Polkastarter  (POLS)

In general, the process of buying a crypto token is simple:

  • Step 1 — Sign up at Binance
  • Step 2 — Fund your account
  • Step 3 — Buy cryptocurrency

Now let's understand in detail how to register on the most popular and reliable exchanges, to verify your account and make an order.

Exchange Name:

Binance

Deposit Methods:

Cryptocurrency
Credit card
Debit card
Simplex
Koinal

Fiat currencies:

USD, AUD, EUR, GBP, NZD, CZK + 46 others

Coins Supported:

BTC, ETH, LTC, XRP, LINK, BNB, TRX + 181 others

Buy POLS at Binance (click to expand )

How to register on the Binance exchange 

To conduct transactions on the exchange Binance, you need to create an account.

  • To do this on the main page of Binance, press the Register button
Register
  • Before continuing, you need to specify the country/region of residence, then press Confirm
Where do you live
  • Then click Create Personal Account
Create Personal Account

Create an account:

Create an account
  • Enter email
  • Create strong password
  • Accept Binance terms of service
  • Click create account

You will also need to activate your account: to do this, go to the email and find the 6-digit confirmation code in the letter from Binance, which you specify on the site. After that, the system will redirect a new user to a personal account.

Account verification
Welcome to Binance

How to get verified on Binance

Passing the verified and extended verification opens more trading opportunities for the trader. Let's look at what they are.

Stage 1 verification (confirmed)

Stage 1 verification (confirmed)

To pass the 1st stage of verification:

  • Click on the profile icon in your personal cabinet and select the Verification tab;
  • In the confirmed column, click Start;
Verify Your Account
  • Specify the country of issue and select the document to be used for verification, then click Continue;
Select Country of Residence
  • After entering personal information about yourself and click further
Personal Information
  • Next, you need to take a photo of the document, select take a photo;
Image
  • Take a photo that meets the requirements and click continue;
  • The next step is to go through the facial recognition procedure: you will need to take and upload selfies;
Facial Recognition
  • Next, you will need to complete the verification process on your mobile device: go to the Binance app and follow the instructions;
  • After the verification on your phone is complete, click I completed the process on my phone;
Completing facial recognition
  • In the new window, we will be informed that the application is under consideration and its result will be sent to the email address linked to the exchange. Click OK.

Processing time for verified verification: up to 10 days.

PLUS extended verification

Having completed the basic verification, the trader can go through the extended verification. For this, the trader will be required to provide the necessary documents with their residential address.

The advantage of the PLUS verification on Binance is the extended deposit and withdrawal limit in fiat: up to $200,000 per day.

To pass the extended verification, select the Verification tab in your personal cabinet, in the new window — Verification PLUS — start. And follow the instructions.

Term of consideration of application for extended verification: up to 10 days.

How to buy Polkastarter on the market

To buy POLS on the market, click on Trader and select Classic

How to buy MANA on the market

Then choose a trading pair, for example if you have USDT on your balance you can buy POLS for USDT, to do this choose the trading pair POLS/USDT

POLS/USDT

Now we can start buying Polkastarter.

There are 3 types of orders on Binance — limit, market, stop-limit.

Spot

To buy POLS through limit order, you must set the price at which we want to buy a coin, to do this in the field Price set the order price, in the amount field set the number of tokens that we would like to buy. Thereafter, the total field will show the amount of USDT needed to buy POLS tokens.
Then you need to press Buy POLS and your order will be placed in Open order.

You can also buy POLS through market-order, to accomplish that, simply enter the necessary number of tokens into the amount field and click Buy POLS, thus you will immediately buy Illuvium at the current market price.

The next type of order is a stop-limit order. To use it, you need to set the stop price at which you want to buy the token, and in the limit field the maximum price at which you are willing to buy it.

Exchange Name:

Gate.io

Deposit Methods:

Cryptocurrency

Fiat currencies:

No

Coins Supported:

Bitcoin, Ethereum, Litecoin, USDT, XMR, DAI, BCH, others

Exchange Name:

Kucoin.com

KuCoin Logo

Deposit Methods:

Cryptocurrency

Bank card (Visa/MC)

Fiat currencies:

USD, EUR, GBP, HKD, etc.

Coins Supported:

BTC, ETH, LUNA, FTM, KCS, KuCoin Token

Polkastarter overview

Genesis Date

Market Cap Rank

358

Market Capitalization

48,076,000 GBP

Current Price

0.512967

Available Supply

100,000,000

Circulating Supply

93,721,400

Max Coin Supply

100,000,000

Polkastarter Price History

24 Hours Trading volume

3,911,440 GBP

24 Hours Trading volume change

3.7%

24 Hours Low

0.484851 GBP

24 Hours High

0.514698 GBP

24 Hours Price Change

4.5%

7 Days Low

0.467056 GBP

7 Days High

0.512513 GBP

7 Days Price Change

6.8%

30 Days Low

0.388871 GBP

30 Days High

0.512513 GBP

30 Days Price Change

28.3%

90 Days Low

0.337294 GBP

90 Days High

0.885694 GBP

90 Days Price Change

-42%

1 Year Low

0.337294 GBP

1 Year High

0.885694 GBP

1 Year Price Change

-30%

Where to Store Polkastarter

POLS tokens can be stored on any compatible web wallet, such as MetaMask.

Hardware wallets such as Ledger and Trezor also support ERC-20 token storage.

MetaMask is a decentralized wallet for Ethereum and ERC20 tokens that allows the user to send, receive and exchange cryptocurrency with full control over their keys.

Ledger was founded in 2014 and is a leading manufacturer of secure cryptocurrency storage devices. Two of the company's best-known products are the Ledger Nano S and Ledger Nano X hardware wallets.

Trezor Wallet is considered the first hardware wallet for storing cryptocurrency. It was developed in 2014 by Satoshi Labs.

How to Trade Polkastarter

You can trade POLS tokens on special marketplaces. The most popular trading platforms currently are Bitcoin Era, Bitcoin Revolution and Bitcoin Superstar. They offer their users a wide range of services.

BitcoinEra Logo

Min Deposit

$250

Exclusive promotion

Ranking

9.5

Bitcoin Era is an AI-powered trading system that provides automated cryptocurrency investment services for the sake of gaining profit. The platform is backed up by algorithmic analysis that ensures a high level of accuracy. However, you can also apply customized parameters and abandon auto-trading.

Bitcoin Revolution logo

Min Deposit

$250

Exclusive promotion

Ranking

9.0

Bitcoin Revolution is a live trading platform with automated trading functionality. The platform is fairly new - it was launched in 2017. Over the last few years, it has managed to build a good reputation, although some hurdles were faced along the way.

Logo of Bitcoin Superstar

Min Deposit

$250

Exclusive promotion

Ranking

8.5

Bitcoin Superstar is an automated trading technology based on algorithms to determine which options will guarantee positive results in a risk-aversive approach and develop effective strategies.

FAQ

How can beginners buy Polkastarter in the UK?

The easiest way to buy POLS tokens for a newcomer is to use a cryptocurrency exchange. For example, Binance.

What is the safest way to buy Polkastarter?

The safest option for purchasing POLS tokens is to buy them on a regulated cryptocurrency exchange.

What is the minimum amount to invest in Polkastarter?

POLS tokens can be used both for investments and for participation in IDO. Therefore, it makes sense to start investing with 250 POLS tokens. That is the number of tokens that will be enough to participate in an IDO. At the time of writing, a POLS token costs £1.32, 250 Polkastarter tokens will cost £330.

Is Polkastarter a good investment in 2022?

Polkastarter is one of the most popular IDO venues, and the POLS token is one of the most stable tokens. Investing in Polkastarter on a long-term basis can be a profitable investment.

How to invest in Polkastarter?

To invest in a POLS token thanks to a financial advisor, you will need to decide on an investment amount, choose a cryptocurrency exchange, register with it and purchase tokens.

Where is the best place to buy Polkastarter?

The POLS token is traded on almost all leading cryptocurrency exchanges. The most popular trading pair is POLS/USDT. 

Disclaimer

Cryptocurrency trading is a high-risk investment that is not appropriate for all investors. Before you decide to trade cryptocurrencies, think about your financial goals, level of knowledge, and risk tolerance. Furthermore, you should not invest money that you cannot afford to lose because there is a chance you will lose some or all of your initial investment.

You should be aware of all the dangers of cryptocurrency trading and get financial counsel from someone who is not affiliated with any cryptocurrency exchange. This website's opinions, news, research, analysis, pricing, and other information are offered solely for educational purposes and do not represent investment advice.

Jack Evans


I became a crypto asset owner in 2014, when the industry was in its infancy. Before that, I was working in the classic US and European stock markets. Since then, I have gained extensive experience in both cryptocurrency investing and day trading. I am happy to share with readers my experience with crypto exchanges, DeFi and NFT instruments.

{"email":"Email address invalid","url":"Website address invalid","required":"Required field missing"}
>