A Step-by-Step-Guide on how to buy Cardano (ADA) in Belize
Step 1 – Signup to Kraken You will first need to buy one of the top-tier coins. Exchanges commonly accept either Bitcoin or Ethereum in exchange for Altcoins. Click the button below for registration and receive your first BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Transfer Your Bitcoin or Ethereum to an Crypto Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is alike. Cardano (ADA) is accessible on Binance, so we're going to use that as an sample. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow this guide) Make sure you have selected the correct coin you want to deposit. BTC must be sent to a BTC deposit address, ETH to an Ethereum deposit address, etcetera. If you're working with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow our how-to).
Step 3 – Find Cardano (ADA) As soon as your deposit has been approved, you'll now have access to your funds and you can start purchasing and trading. To invest in (ADA) Cardano on Binance, you will want to hover over the tab which is called “Exchange” and then mouse click on “Basic”. To discover (ADA) Cardano, you'll need to insert the shortname of the coin (ADA) into the search box, which is highlighted in the graphic. Be certain of having choosen the correct pairing, we have marked this too. Click on “ADA/BTC” to go ahead.
Step 4 – Acquisition of Cardano (ADA) Once you have found Cardano (ADA), you'll be presented with a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). Next we're making our Limit Order. The field with the “Price” tag will be filled automatically with the up-to-date price Cardano (ADA) was traded for. You can change this to your preferred price. The “Amount” field is the volumen of ADA you want to buy. The “Total” field is the whole price in Bitcoin that you will pay for the whole amount of ADA. When you are glad, click on “Buy ADA”. Your plan will be filled when a Vender trades their ADA for the price you offered.
Step 5 – Withdraw Cardano (ADA) Unless you are trading, you should never keepyour coins on an Cryptocurrency Exchange for an extensive time frame. In order to take off your (ADA) Cardano, go to the tab called “Funds” and mouse click on “Withdraw”. Cardano (ADA) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find (ADA) Cardano by using the provided drop-down box. Enter the amount of (ADA) Cardano you would wish to withdraw. Take into account the demonstrated fees/minimums. Also make sure you have entered your right withdraw address. When you're happy, click on “Submit”. You could be asked for email/phone verification before a take off.