A Step-by-Step-Guide on how to buy Cardano (ADA) in Chile
Step 1 – Join CEX.io In the beginning you'll need to buy units of the top-tier coins. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Click below to register and to get your welcome Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Send Your Bitcoin or Ethereum to an Crypto Trader Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Exchange now. All exchanges have 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 Exchange? (Just follow these easy steps) Make sure you've selected the correct coin you would like to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etcetera. In the case you are using a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our guide).
Step 3 – Locate Cardano (ADA) Once your deposit has been affirmed, you will directly have access to your finances and you can begin purchasing and trading. To buy (ADA) Cardano on Binance, you'll want to hover over the tab which is called “Exchange” and after that click on “Basic”. To find (ADA) Cardano, you will need to put the shortname of the coin (ADA) into the search-box, which is highlighted in the picture. Make sure you have selected the right pairing, we have marked this too. Click on “ADA/BTC” to proceed.
Step 4 – Purchase (ADA) Cardano After you've located Cardano (ADA), you'll be presented with a Price Chart (in the Center of the image) and a few Order Books (Leftside of the picture). Next we're creating our Limit Order. The “Price” field will be filled with the recent rate Cardano (ADA) was traded for. You can change this to your favoured price. The “Amount” field is the quantity of ADA you like to buy. The field with the “Total” tag is the total price in Bitcoin that you will settle for the complete volumen of ADA. When you're happy, click on “Buy ADA”. Your order will be filled as soon as a Seller trades their ADA for the price you submitted.
Step 5 – Withdraw Cardano (ADA) Unless you are regularly trading, you should never keepyour crypto on an Crypto Trader for an extended period of time. To withdraw your Cardano (ADA), hover over the “Funds” tab and mouse click on “Withdraw”. Cardano (ADA) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find (ADA) Cardano by using the provided drop-down box. Enter the amount of Cardano (ADA) you would wish to withdraw. Don't forget the displayed minimus/fees. Also make sure you have filled your right withdraw address. If you are happy, make a mouse click on “Submit”. You could be requested for verfication via email/phone before a take off.