A Step-by-Step-Guide on how to buy Cardano (ADA) in Belgium
Step 1 – Signup to Kraken In the beginning you'll need to buy one of the major currencies. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Click the button below for registration and receive your first Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transmit Your Ethereum (ETH) or Bitcoin (BTC) to an Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. Cardano (ADA) is accessible on Binance, so we will use that as an illustration. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow this how-to) Make sure you have chosen the right coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so on. If you are working with a decentralized exchange, such as Airswap or DDEX could be different (Follow our manual).
Step 3 – Find (ADA) Cardano As soon as your deposit has been approved, you will instantly have access to your finances and you can initiate buying and trading. To buy Cardano (ADA) on Binance, you'll want to hover over the “Exchange” tab and after that mouse click on “Basic”. To locate (ADA) Cardano, you will need to insert the short name of the asset (ADA) into the search-box, which is highlighted in the picture. Be certain of having choosen the correct grouping, we have marked this too. Click on “ADA/BTC” to go ahead.
Step 4 – Buy (ADA) Cardano As soon as you have discovered Cardano (ADA), you will be presented with a Price Chart (in the Center of the image) and some Order Books (on the Left of the picture). For now we are creating our own Limit Order. The field with the “Price” tag will be filled automatically with the most up-to-date valuation Cardano (ADA) was sold for. You can change this to your favoured price. The field with the “Amount” tag is the volumen of ADA you wish to buy. The field with the “Total” tag is the total price in BTC that you will pay for the whole amount of ADA. When you're satisfied, click on “Buy ADA”. Your plan will be filled as soon as a Seller sells their ADA for the price you introduced.
Step 5 – Withdraw (ADA) Cardano Unless you're regularly trading, best advise is not to keep crypto on an Crypto Exchange for an extended period of time. In order to take off your (ADA) Cardano, go to the “Funds” tab and click on “Withdraw”. Cardano (ADA) can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate Cardano (ADA) by using the provided drop-down box. Put into the volumen of Cardano (ADA) you'd wish to withdraw. Don't forget the presented fees/minimums. Also make sure you have entered your right withdraw address. When you are satisfied, make a mouse click on “Submit”. You could be asked for email/phone verification ahead of a withdrawal.