How to buy Polkadot (DOT) on Bybit today?

Creating a Bybit Account

1. Visit the official Bybit website and click the “Sign Up” button located in the top-right corner.

2. Enter a valid email address and create a strong password that includes uppercase letters, lowercase letters, numbers, and special characters.
3. Complete the CAPTCHA verification to confirm you are not a robot.
4. Check your inbox for a confirmation email from Bybit and click the activation link to verify your account.
5. Log in to your newly created account and proceed to the identity verification section.

Completing KYC Verification

1. Navigate to the “Assets” tab, then select “Identity Verification” from the dropdown menu.

2. Choose your country of residence and upload clear, legible photos of your government-issued ID—such as a passport or national ID card.
3. Take a real-time selfie holding your ID with your face fully visible and all text readable.
4. Submit the documents and wait for the automated system or human reviewer to approve your application.
5. Once verified, you will receive an on-screen notification and an email confirming KYC completion.

Funding Your Bybit Wallet

1. Go to the “Assets” section and click “Deposit” to view available funding methods.

2. Select either fiat deposit via bank transfer, credit/debit card, or stablecoin transfer such as USDT or USDC.
3. If using a bank transfer, follow the instructions to initiate a wire payment with the provided bank details.
4. For card deposits, enter card information, amount, and complete 3D Secure authentication if prompted.
5. After successful processing, the funds will appear in your Spot Wallet within seconds to several minutes depending on the method.

Purchasing DOT Through the Spot Market

1. From the main navigation bar, click “Trade”, then select “Spot” to access the spot trading interface.

2. Use the search bar to type “DOT/USDT” and select the trading pair from the list.
3. Choose the “Market” order type and enter the amount of USDT you wish to spend on DOT.
4. Click the green “Buy DOT” button to execute the order instantly at the best available price.
5. Confirm the transaction in your order history and check your Spot Wallet balance to verify DOT has been credited.

Storing DOT Securely Post-Purchase

1. Navigate to “Assets” > “Spot Wallet” and locate your DOT balance.

2. Click “Withdraw” next to DOT and enter the destination address of your external wallet—ensure it supports Polkadot’s native token standard.
3. Double-check the network: select Polkadot (DOT) — not ERC-20 or BEP-20 — to avoid irreversible loss.
4. Input the withdrawal amount and complete the two-factor authentication step using your authenticator app or email code.
5. Monitor the transaction hash on a Polkadot block explorer once confirmed to ensure successful on-chain receipt.

Frequently Asked Questions

Q: Can I buy DOT directly with fiat currency on Bybit?A: Yes. Bybit supports direct purchases of DOT using USD, EUR, GBP, and other major fiat currencies via integrated third-party providers like MoonPay and Simplex.

Q: Is there a minimum purchase amount for DOT on Bybit?A: The minimum order size for DOT/USDT on the spot market is 0.1 DOT, subject to real-time market conditions and liquidity depth.

Q: Do I need to complete KYC before buying DOT?A: KYC is mandatory for fiat deposits and withdrawals. However, users may trade DOT using already-deposited cryptocurrencies without full verification, though limits apply.

Q: Why does my DOT withdrawal show “pending” for an extended time?A: Delays can occur due to network congestion on Polkadot, incorrect recipient address formatting, or temporary validator node issues—always verify the address and network before submission.