How to Buy Cardano (ADA) in Cabo Verde

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

Step 1 – Join CEX.io

In the beginning you'll need to buy one of the major currencies. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Follow the Link below to register and to get your welcome Ethereum or Bitcoin.

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

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

Make sure you have selected the exact coin you want to deposit.

BTC must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, and so forth. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our how-to).

Step 3 – Find (ADA) Cardano

Once your deposit has been approved, you'll instantly have access to your assets and you can launch invest and trading. To purchase Cardano (ADA) on Binance, you will want to hover over the tab which is called “Exchange” and then mouse click on “Basic”.

To locate (ADA) Cardano, you will need to insert the shortname of the coin (ADA) into the search-box, which is marked in the picture. Be certain of having choosen the correct grouping, we've highlighted this also. Click on “ADA/BTC” to go on.

Step 4 – Purchase (ADA) Cardano

Once you have discovered Cardano (ADA), you will be given a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the image). And now we're creating our Limit Order.

The “Price” field will be filled with the latest price Cardano (ADA) was traded for. This can be changed to your desired rate. The “Amount” field is the volumen of ADA you wish to buy. The field with the “Total” tag is the whole price in Bitcoin that you'll settle for the complete amount of ADA.

If you are happy, click on “Buy ADA”. Your plan will be filled when a Vender sells their ADA for the price you gave.

Step 5 – Withdraw (ADA) Cardano

Unless you are trading, you should never keepyour crypto on an Crypto Trader for an longer time period. 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, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find Cardano (ADA) by using the provided drop-down box. Enter the quantity of (ADA) Cardano you'd wish to take off. Don't forget the displayed fees/minimums. Also make sure you have entered your precise withdraw address.

When you're satisfied, click “Submit”. You could be asked for verfication via email/phone ahead of a withdrawal.

Congratulations! You have successfully bought and stored Cardano (ADA) in Cabo Verde.

That's it!

Withdrawals from Crypto Trader can take anywhere from 1 – 30 minutes (rely on usage of the network). As soon as you've confirmed your take off with Etherscan.io or Ethplorer.io and the (ADA) Cardano is stored in your wallet, you're finished.