A Step-by-Step-Guide on how to buy Cardano (ADA) in Bangladesh
Step 1 – Signup to Kraken In the beginning you'll need to buy one of the major coins. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Click below for registration and receive your welcome Bitcoin or Ethereum.
Step 2 – Transfer Your ETH (Ethereum) or BTC (Bitcoin) to an Exchange Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is alike. Cardano (ADA) is accessible on Binance, so we're going to use that as an example. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Follow this how-to) Make sure you have selected the right coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etc. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow these easy steps).
Step 3 – Locate (ADA) Cardano Once your deposit has been confirmed, you'll directly have access to your funds and you can commence invest and trading. To buy (ADA) Cardano on Binance, you'll want to go to the tab which is called “Exchange” 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 marked in the picture. Make sure you have selected the correct pairing, we've marked this also. Click on “ADA/BTC” to progress.
Step 4 – Buy Cardano (ADA) As soon as you have found Cardano (ADA), you will be given a Price Chart (in the Center of the picture) and some Order Books (on the Left of the image). For now we're creating our Limit Order. The field with the “Price” tag will be filled automatically with the most up-to-date tariff (ADA) Cardano was traded for. This can be changed to your favoured rate. The “Amount” field is the amount of ADA you like to buy. The field with the “Total” tag is the aggregated price in BTC that you'll pay for the whole amount of ADA. If you're satisfied, make a mouse click on “Buy ADA”. Your plan will be filled when a Vendor sells their ADA for the price you submitted.
Step 5 – Withdraw Cardano (ADA) Unless you're trading, best advise is not to keep your crypto coins on an Exchange for an extensive period of time. To take off your Cardano (ADA), hover over the “Funds” tab and mouse click on “Withdraw”. (ADA) Cardano can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find (ADA) Cardano by using the provided drop-down box. Put into the quantity of (ADA) Cardano you'd like to take off. Take into account the demonstrated minimus/fees. Also make sure you have entered your right withdraw address. When you're satisfied, click “Submit”. You may be requested for phone/email verification before a withdrawal.