A Step-by-Step-Guide on how to buy Cardano (ADA) in American Samoa
Step 1 – Join Kraken You will first need to buy one of the major coins. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click below for registration and getting your welcome Bitcoin or Ethereum.
Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Exchange Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is identical. Cardano (ADA) is accessible on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Exchange? (Just follow these easy steps) Make sure you've chosen the exact coin you would like to deposit. BTC must be sent to a BTC deposit address, Ethereum to an ETH deposit address, etcetera. If you're using a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our how-to).
Step 3 – Locate Cardano (ADA) As soon as your deposit has been affirmed, you'll instantly have access to your assets and you can start invest and trading. To buy Cardano (ADA) on Binance, you'll want to go to the “Exchange” tab and after that mouse click on “Basic”. In order to locate (ADA) Cardano, you'll need to put the shortname of the coin (ADA) into the search-box, which is highlighted in the image. Make sure you have selected the proper grouping, we have marked this also. Click on “ADA/BTC” to continue.
Step 4 – Buy Cardano (ADA) Once you have found Cardano (ADA), you'll be given a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). Next we are going to make our Limit Order. The “Price” field will be filled with the most up-to-date price Cardano (ADA) was sold for. This can be changed to your desired price. The field with the “Amount” tag is the volumen of ADA you want to purchase. The field with the “Total” tag is the whole price in Bitcoin that you will pay for the whole quantity of ADA. If you are satisfied, make a mouse click on “Buy ADA”. Your plan will be filled as soon as a Vender sells their ADA for the price you introduced.
Step 5 – Withdraw Cardano (ADA) Unless you are regularly trading, best advise is not to keep crypto coins on an Crypto Exchange for an extensive time frame. In order to withdraw your (ADA) Cardano, go to the “Funds” tab and mouse click on “Withdraw”. (ADA) Cardano can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate (ADA) Cardano by using the provided drop-down box. Enter the amount of (ADA) Cardano you'd like to withdraw. Take into account the presented minimus/fees. Also make sure you have entered your correct withdraw address. If you are satisfied, click “Submit”. You could be asked for email/phone verification ahead of a withdrawal.