A Step-by-Step-Guide on how to buy Cardano (ADA) in Chad
Step 1 – Signup to CEX.io You will first need to purchase units of the top-tier coins. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Follow the Link below to register and to get your first Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Send Your Ethereum or Bitcoin to an Exchange 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 obtainable on Binance, so we're going to use that as an sample. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this manual) Make sure you've selected the correct coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so on. If you are working with a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our guide).
Step 3 – Find Cardano (ADA) As soon as your deposit has been verified, you will immediately have access to your finances and you can launch buying and trading. To invest in Cardano (ADA) on Binance, you will want to hover over the tab which is called “Exchange” and after that click on “Basic”. In order to discover Cardano (ADA), you will need to insert the cointype (ADA) into the search-box, which is marked in the image. Make sure you have choosen the right grouping, we've highlighted this too. Click on “ADA/BTC” to go on.
Step 4 – Purchasing (ADA) Cardano As soon as you've found Cardano (ADA), you will be given a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). Next we're going to create our own Limit Order. The “Price” field will be filled automatically with the recent price Cardano (ADA) was traded for. This can be changed to your desired rate. The “Amount” field is the volumen of ADA you like to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you will pay for the whole amount of ADA. When you are happy, make a mouse click on “Buy ADA”. Your order will be filled when a Vender sells their ADA for the price you introduced.
Step 5 – Withdraw (ADA) Cardano Unless you are regularly trading, never keep your crypto coins on an Cryptocurrency Exchange for an extensive time period. In order to take off your (ADA) Cardano, go to the “Funds” tab and mouse click on “Withdraw”. Cardano (ADA) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Cardano (ADA) by using the provided drop-down box. Enter the volumen of Cardano (ADA) you would wish to withdraw. Take into account the shown minimus/fees. Also make sure you have entered your correct withdraw address. If you're glad, make a mouse click on “Submit”. You may be requested for email/phone verification before a take off.