How to Buy Cardano (ADA) in Algeria

A Step-by-Step-Guide on how to buy Cardano (ADA) in Algeria

Step 1 – Join Coinbase and recieve 10$ for free

You'll first need to buy units of the major coins. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click the button below to register and receive your first 10 Dollar.

Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Cryptocurrency Exchange

Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is similar. Cardano (ADA) is available on Binance, so we will use that as an illustration. Not sure on how to send Coinbase funds to an Crypto Exchange? (Follow these easy steps)

Make sure you have selected the exact coin you wish to deposit.

Bitcoin must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etcetera. If you're using a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow these easy steps).

Step 3 – Locate (ADA) Cardano

As soon as your deposit has been approved, you will directly have access to your finances and you can commence purchasing and trading. To purchase Cardano (ADA) on Binance, you'll want to go to the “Exchange” tab and after that click on “Basic”.

In order to spot (ADA) Cardano, you'll need to insert the shortname of the coin (ADA) into the search-box, which is highlighted in the picture. Make sure you have selected the proper grouping, we've highlighted this too. Click on “ADA/BTC” to go on.

Step 4 – Purchasing (ADA) Cardano

After you have spotted (ADA) Cardano, you'll be given a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the picture). And now we are going to make our Limit Order.

The field with the “Price” tag will be filled automatically with the recent rate Cardano (ADA) was traded for. This can be changed to your desired rate. The “Amount” field is the amount of ADA you wish to buy. The field with the “Total” tag is the whole price in Bitcoin that you'll pay for the whole quantity of ADA.

If you're satisfied, make a mouse click on “Buy ADA”. Your plan will be filled when a Vender sells their ADA for the price you submitted.

Step 5 – Withdraw Cardano (ADA)

Unless you're trading, best advise is not to keep coins on an Cryptocurrency Exchange for an extensive time frame. To withdraw your (ADA) Cardano, go to the tab called “Funds” and mouse click on “Withdraw”. (ADA) Cardano can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find (ADA) Cardano by using the provided drop-down box. Drop in the quantity of (ADA) Cardano you would wish to take off. Don't forget the shown fees/minimums. Also make sure you have filled your correct withdraw address.

If you are glad, click on “Submit”. You could be asked for verfication via phone/email before a withdrawal.

Congratulations! You've successfully purchased and safed Cardano (ADA) in Algeria.

That's it!

Withdrawals from Crypto Exchange can durate anywhere from 1 – 30 minutes (depending on usage of the network). Once you have confirmed your withdrawal using Etherscan.io or Ethplorer.io and the Cardano (ADA) is stored inside your wallet, you are done.