A Step-by-Step-Guide on how to buy Cardano (ADA) in Brunei
Step 1 – Signup to Kraken In the beginning you'll need to buy one of the major currencies. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Click the button below to register and to get your first Ethereum or Bitcoin.
Step 2 – Send Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Trader Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Exchange now. All exchanges have a deposit form that is identical. Cardano (ADA) is available on Binance, so we're going to use that as an illustration. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this guide) Make sure you've selected the correct coin you want to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etcetera. If you are working with a decentralized exchange, like Airswap or DDEX could be opposed (Follow our manual).
Step 3 – Find (ADA) Cardano Once your deposit has been approved, you'll immediately have access to your funds and you can start purchasing and trading. To invest in Cardano (ADA) on Binance, you will want to go to the “Exchange” tab and then mouse click on “Basic”. In order to discover (ADA) Cardano, you will need to insert the short name of the asset (ADA) into the search box, which is marked in the picture. Make sure you have selected the correct grouping, we have highlighted this also. Click on “ADA/BTC” to proceed.
Step 4 – Purchasing (ADA) Cardano Once you have located (ADA) Cardano, you'll be given a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the image). And now we are going to make our Limit Order. The “Price” field will be filled with the most latest valuation Cardano (ADA) was traded for. This can be changed to your desired price. The “Amount” field is the amount of ADA you like to purchase. The “Total” field is the aggregated price in BTC that you will settle for the complete amount of ADA. If you're glad, make a mouse click on “Buy ADA”. Your plan will be filled as soon as a Seller trades their ADA for the price you gave.
Step 5 – Withdraw (ADA) Cardano Unless you're frequently trading, you should never keepyour crypto on an Crypto Exchange for an extended period of time. To withdraw your (ADA) Cardano, hover over the tab called “Funds” and click on “Withdraw”. (ADA) Cardano can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Cardano (ADA) by using the provided drop-down box. Enter the quantity of (ADA) Cardano you'd like to withdraw. Take into account the demonstrated minimus/fees. Also make sure you have entered your precise withdraw address. If you are happy, click “Submit”. You may be requested for verfication via email/phone ahead of a take off.