How to Buy Cardano (ADA) in Burma

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

Step 1 – Signup to Kraken

You'll first need to purchase one of the top-tier coins. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Click below to register and getting your first BTC (Bitcoin) or ETH (Ethereum).

Step 2 – Send Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Trader

Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is similar. Cardano (ADA) is accessible on Binance, so we're going to use that as an sample. Not sure on how to send funds from Coinbase to an Exchange? (Just follow this manual)

Make sure you've chosen the correct coin you wish to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so on. In the case you are dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow these easy steps).

Step 3 – Locate (ADA) Cardano

Once your deposit has been confirmed, you'll now have access to your finances and you can begin buying and trading. To buy Cardano (ADA) on Binance, you'll want to hover over the tab which is called “Exchange” and mouse click on “Basic”.

To spot (ADA) Cardano, you will need to put the cointype (ADA) into the search-box, which is marked in the picture. Make sure you have selected the correct pairing, we've marked this also. Click on “ADA/BTC” to advance.

Step 4 – Buying Cardano (ADA)

After you have discovered (ADA) Cardano, you will be presented with a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the picture). And now we are creating our own Limit Order.

The field with the “Price” tag will be filled with the most recent rate Cardano (ADA) was traded for. You can change this to your favoured price. The field with the “Amount” tag is the volumen of ADA you like to purchase. The “Total” field is the whole price in BTC that you'll settle for the whole volumen of ADA.

When you are satisfied, make a mouse click on “Buy ADA”. Your plan will be filled as soon as a Vendor trades their ADA for the price you gave.

Step 5 – Withdraw (ADA) Cardano

Unless you're regularly trading, never keep your coins on an Cryptocurrency Exchange for an longer period of time. In order to withdraw your (ADA) Cardano, hover over the “Funds” tab and click on “Withdraw”. Cardano (ADA) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate (ADA) Cardano by using the given drop-down box. Put into the volumen of (ADA) Cardano you would wish to withdraw. Don't forget the demonstrated minimus/fees. Also make sure you have filled your right withdraw address.

If you're glad, click on “Submit”. You could be requested for phone/email verification before a take off.

Kudos! You have successfully purchased and stored (ADA) Cardano in Burma.

That's it!

Withdrawals from Exchange can durate between 1 – 30 minutes (rely on usage of the network). As soon as you have confirmed your withdrawal using Ethplorer.io or Etherscan.io and the (ADA) Cardano is stored inside your wallet, you're done.