A Step-by-Step-Guide on how to buy Cardano (ADA) in Cook Islands
Step 1 – Signup to Kraken In the beginning you'll need to buy one of the bigger currencies. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Follow the Link below to register and getting your first ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Send Your BTC (Bitcoin) or ETH (Ethereum) to an Exchange Your Bitcoin or Ethereum will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is identical. Cardano (ADA) is obtainable on Binance, so we will use that as an sample. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Follow this manual) Make sure you have selected the exact coin you want to deposit. BTC must be sent to a BTC deposit address, ETH to an Ethereum deposit address, etcetera. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our manual).
Step 3 – Find Cardano (ADA) Once your deposit has been verified, you will instantly have access to your assets and you can initiate invest and trading. To purchase (ADA) Cardano on Binance, you'll want to go to 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 marked in the graphic. Be certain of having selected the correct pairing, we have highlighted this too. Click on “ADA/BTC” to progress.
Step 4 – Buy Cardano (ADA) Once you have discovered Cardano (ADA), you will be presented with a Price Chart (in the Center of the image) and some Order Books (on the Left of the picture). Next we're going to create our Limit Order. The field with the “Price” tag will be filled automatically with the most latest price (ADA) Cardano was traded for. You can change this to your favoured price. The “Amount” field is the amount of ADA you like to purchase. The “Total” field is the total price in Bitcoin that you'll pay for the whole quantity of ADA. If you're happy, click on “Buy ADA”. Your order will be filled when a Vender sells their ADA for the price you introduced.
Step 5 – Withdraw Cardano (ADA) Unless you are trading, you should never keepyour crypto on an Cryptocurrency Exchange for an extensive time period. To withdraw your (ADA) Cardano, hover over the tab called “Funds” and mouse click on “Withdraw”. (ADA) Cardano can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate (ADA) Cardano by using the given drop-down box. Put into the amount of (ADA) Cardano you'd wish to take off. Take into account the displayed fees/minimums. Also make sure you have filled your right withdraw address. If you are happy, click on “Submit”. You may be asked for phone/email verification before a withdrawal.