A Step-by-Step-Guide on how to buy Cardano (ADA) in Brazil
Step 1 – Join Kraken You'll first need to purchase one of the major coins. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Follow the Link below to register and to get your first Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Exchange Your Bitcoin or Ethereum has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is alike. Cardano (ADA) is available on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Crypto Exchange? (Just follow these easy steps) Make sure you've selected the exact coin you wish to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, et cetera. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be different (Just follow our manual).
Step 3 – Locate Cardano (ADA) Once your deposit has been affirmed, you will directly have access to your assets and you can launch buying and trading. To invest in (ADA) Cardano on Binance, you will want to go to the tab which is called “Exchange” and then click on “Basic”. In order to discover Cardano (ADA), you will need to put the short name of the asset (ADA) into the search-box, which is highlighted in the picture. Make sure you have selected the right pairing, we have highlighted this also. Click on “ADA/BTC” to continue.
Step 4 – Purchase Cardano (ADA) Once you've located Cardano (ADA), you'll be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the image). For now we are going to create our Limit Order. The “Price” field will be filled automatically with the most latest valuation (ADA) Cardano was sold for. You can change this to your preferred rate. The field with the “Amount” tag is the volumen of ADA you want to purchase. The field with the “Total” tag is the total price in BTC that you'll pay for the whole amount of ADA. When you are glad, make a mouse click on “Buy ADA”. Your plan will be filled when a Vender trades their ADA for the price you offered.
Step 5 – Withdraw (ADA) Cardano Unless you are regularly trading, best advise is not to keep coins on an Crypto Trader for an longer time period. To take off your (ADA) Cardano, hover over the tab called “Funds” and click on “Withdraw”. Cardano (ADA) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate (ADA) Cardano by using the provided drop-down box. Drop in the amount of (ADA) Cardano you'd like to withdraw. Don't forget the presented fees/minimums. Also make sure you have filled your right withdraw address. When you are happy, click on “Submit”. You could be requested for verfication via email/phone ahead of a withdrawal.