Last update: Jun 6, 2022

How to Buy Polkastarter (POLS)

Marco velaAuthor: Marco Vela - Fact-checked ✓

So you’re looking for a guide on how to buy Polkastarter. Depending on where you live, you’ll have different cryptocurrency exchanges to choose from.

In this guide, we not only cover the top 3 global crypto exchanges, but also the best exchanges for Australia, Canada, and the UK.

Let’s get started!

Polkastarter

How to Buy Polkastarter – 4 Easy Steps

1. Choose a crypto exchange

Finding a crypto trading platform isn’t that hard. There are plenty of big players out there that have been around for quite some time.

This is where our comparison tables can help. The important factors to look for are fees, security, and if they have Polkastarter of course.

2. Sign up with the crypto exchange

Signing up with any of the major exchanges is generally very easy. The initial sign up should be very fast, and even the verification processes are very well set up these days.

3. Fund your account

Next, you would need to fund your account with either fiat money (USD, AUD, GBP, CAD, etc) or another cryptocurrency like BTC or ETH. This process should again be straightforward and easily done using one of the bigger cryptocurrency exchanges.

4. Buy Polkastarter

Now that you have what you need to buy Polkastarter, head over to the market or buy section of the crypto exchange and buy some POLS.

If the crypto exchange doesn’t have any Polkastarter on offer, for most cryptocurrencies you can buy Ethereum instead, transfer it to a decentralized exchange like Uniswap (check if Uniswap has Polkastarter first), and trade your Ethereum for Polkastarter.

Where to Buy Polkastarter (POLS)

These are our top 3 exchanges based on the number of cryptocurrencies on offer, security, ease of use, and fees.

ExchangeFiat currenciesCryptocurrenciesDeposit methodsSite
BinanceUSD, AUD, EUR, GBP, CAD, CNY, and many more.350+Credit card, Cryptocurrency, Debit card, and moreVisit Binance
FtxUSD, EUR, GBP, AUD, HKD, CAD, CHF, BRL250+Wire transfer, Credit card, Silvergate Exchange Network, SIGNETVisit FTX
Etoro logoUSD, GBP, AUD, EUR, and more50+credit card, skrill, paypal, bank transfer, and moreVisit eToro
Disclaimer: Cryptocurrencies are volatile and may involve a lot of risk. Their performance is very unpredictable and past performance is no guarantee of future performance. Consult a financial advisor or obtain your own advice independent of this site before relying and acting on the information provided.

How to Sell Polkastarter

  1. Sign into the exchange where you bought Polkastarter.
  2. Move your Polkastarter to the right place on the cryptocurrency exchange. Some exchanges have trading accounts you need to use for buying and selling.
  3. Sell Polkastarter.

 

Crypto trading

How to Buy Polkastarter (POLS) in Australia

Looking at Australian crypto exchanges, it's always good to check if the exchange is registrered with AUSTRAC (Australian Transaction Reports and Analysis Centre). In addition, it would be handy if the exchange has integrated with POLi pay and PayID for instant AUD deposits.

If you’re looking to buy Polkastarter in Australia, the process remains the same:

  1. Find a cryptocurrency trading platform below.
  2. Sign up for an account.
  3. Fund your account with AUD.
  4. Buy Polkastarter if it’s available. If the exchange doesn’t have Polkastarter. You can buy ETH instead, transfer it to a decentralised exchange like Uniswap (check first if Uniswap has Polkastarter), and trade your ETH for Polkastarter.

You can also check out our comparison of the most trusted crypto exchanges in Australia if you’re interested in learning more about which exchanges we would recommend.

ExchangeFiat currenciesCryptocurrenciesDeposit methodsSite
Swyftx logoAUD, NZD300+bank transfer, POLi pay, PayID, credit cardVisit Swyftx
Binance logoUSD, AUD, EUR, GBP, CAD, CNY, and many more.350+Credit card, Cryptocurrency, Debit card, and moreVisit Binance
Ftx logoUSD, EUR, GBP, AUD, HKD, CAD, CHF, BRL250+Wire transfer, Credit card, Silvergate Exchange Network, SIGNETVisit FTX

How to Buy Polkastarter (POLS) in Canada

When researching Canadian crypto exchanges, make sure they're registered with FinTRAC (Financial Transactions and Reports Analysis Centre of Canada) and ideally support Interac e-Transfer (in addition to wire transfer and maybe credit cards) for smooth CAD deposits.

If you’re looking to buy Polkastarter in Canada, the process remains the same:

  1. Find a crypto trading platform below.
  2. Sign up for an account.
  3. Fund your account with CAD.
  4. Buy Polkastarter if it’s available. If the exchange doesn’t have Polkastarter. You can buy ETH instead, transfer it to a decentralised exchange like Uniswap (check first if Uniswap has Polkastarter), and trade your ETH for Polkastarter.

Also, take a look at our analysis of the best cryptocurrency exchanges in Canada If you’re interested in learning more about which ones we would recommend.

ExchangeFiat currenciesCryptocurrenciesDeposit methodsSite
Bitbuy logoCAD15+Wire transfer, Interac e-TransferVisit Bitbuy
Coinberry logoCADBitcoin, Ethereum, Litecoin, BCH, XLMInterac e-Transfer, Wire transfer, Credit card, Debit cardVisit Coinberry
Ndax logoCADBitcoin, Ethereum, Litecoin, and 4 morewire transfer, Interac e-Transfer, Bank draftVisit ndax

How to Buy Polkastarter (POLS) in the UK

We recommend only looking at UK cryptocurrency exchanges that are registered with the FCA (Financial Conduct Authority). As for GBP deposit methods, the top exchanges should support FPS transfers (Faster Payments Service) and ideally credit/debit cards.

If you’re looking to buy Polkastarter in the UK, the process remains the same:

  1. Find a cryptocurrency exchange below.
  2. Sign up for an account.
  3. Fund your account with GBP.
  4. Buy Polkastarter if it’s available. If the exchange doesn’t have Polkastarter. You can buy ETH instead, transfer it to a decentralised exchange like Uniswap (check first if Uniswap has Polkastarter), and trade your ETH for Polkastarter.

Alternatively, if you want to know more about the exchanges we prefer, read our list of the bitcoin trading platforms in the UK.

ExchangeFiat currenciesCryptocurrenciesDeposit methodsSite
Cex logoGBP, USD, EUR10+Bank transfer, credit card, debit cardVisit CEX
Coinjar logoGBP50+Bank Transfer (FPS), Visa, MastercardVisit Coinjar
Coinbase logoUSD, GBP, EUR150+Bank transfer (FPS), credit/debit cardVisit Coinbase

Cryptocurrency trading

Considering buying Polkastarter? POLS Rundown

Polkastarter, a Blockchain platform, is designed to make it easy to launch cross-chain token pools or auctions. It is used most often by early-stage blockchain companies that need to raise capital and distribute tokens quickly.

Polkastarter allows blockchain projects to easily create cross-chain swap pool, which allows them to secure raise funds while investors can take no risk, as swaps are executed automatically by smart contract.

POLS, the native utility token on the Polkastarter platform, plays a variety of roles in the ecosystem. It is used for liquidity mining and governance as well as to pay transaction fees and gain eligibility to participate only in POLS-holder pools.

It was launched in December 2020 and quickly grew to be one of the most popular platforms for initial DEX offering (IDOs) Polkastarter is currently on the Ethereum blockchain as of January 2022.

Polkastarter's primary offering is its fixed-swap smart contract. This allows projects to launch liquidity pool that execute orders at fixed prices -- instead of using the AMM template popularized by Uniswap.

It can handle all types of auctions including sealed-bid and Dutch auctions as well as fixed and dynamic ratio swaps. It is suitable for cryptocurrency projects that are looking to raise funds.

Other key features include full KYC integration, liquidity mining, permissionless listing, and anti-scam capabilities.

Not all of these features are available at the moment, but they will be launched later, possibly after Polkastarter switches to Polkadot, which is currently scheduled for Q1 2021.

Related:

author Marco Vela

A crypto obssessed digital marketer passionate about making a difference in the world. When he's not behind the computer he can be found hiking, camping and relaxing with his dog.