How to Buy Cardano (ADA) in Bolivia

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

Step 1 – Signup to CEX.io

In the beginning you'll need to purchase one of the major currencies. Exchanges normally accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Click below to register and getting your welcome ETH (Ethereum) or BTC (Bitcoin).

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

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

Make sure you've selected the precise coin you would like to deposit.

BTC must be sent to a BTC deposit address, ETH to an Ethereum deposit address, and so forth. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be divergent (Follow our guide).

Step 3 – Locate (ADA) Cardano

Once your deposit has been approved, you will now have access to your funds and you can commence buying and trading. To invest in (ADA) Cardano on Binance, you'll want to go to the tab which is called “Exchange” and then click on “Basic”.

In order to spot Cardano (ADA), you will need to insert the shortname of the coin (ADA) into the search-box, which is highlighted in the graphic. Make sure you have choosen the right grouping, we have marked this too. Click on “ADA/BTC” to proceed.

Step 4 – Purchasing Cardano (ADA)

After you have found Cardano (ADA), you'll be presented with a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). Next we are making our own Limit Order.

The “Price” field will be filled automatically with the most recent tariff Cardano (ADA) was traded for. This can be changed to your preferred price. The “Amount” field is the volumen of ADA you want to buy. The “Total” field is the total price in Bitcoin that you'll pay for the whole amount of ADA.

If you're happy, click on “Buy ADA”. Your plan will be filled as soon as a Seller trades their ADA for the price you submitted.

Step 5 – Withdraw (ADA) Cardano

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

Find (ADA) Cardano by using the given drop-down box. Drop in the volumen of (ADA) Cardano you'd like to take off. Don't forget the presented minimus/fees. Also make sure you have entered your precise withdraw address.

If you're satisfied, make a mouse click on “Submit”. You could be requested for verfication via email/phone before a withdrawal.

Congrats! You've successfully bought and stored (ADA) Cardano in Bolivia.

That's it!

Take offs from Crypto Trader can take between 1 – 30 minutes (rely on usage of the network). Once you've proved your take off using Etherscan.io or Ethplorer.io and the (ADA) Cardano is stored within your wallet, you're finished.