How to Buy Cardano (ADA) in Cuba

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

Step 1 – Signup to Kraken

You will first need to purchase one of the top-tier coins. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Click the button below for registration and receive your first Ethereum or Bitcoin.

Step 2 – Transfer Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Exchange

Your Ethereum or Bitcoin has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is identical. Cardano (ADA) is available on Binance, so we will use that as an illustration. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this how-to)

Make sure you have chosen the correct coin you wish to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so forth. If you are using a decentralized exchange, such as Airswap or DDEX could be different (Follow our manual).

Step 3 – Find Cardano (ADA)

As soon as your deposit has been affirmed, you will immediately have access to your funds and you can commence purchasing and trading. To purchase (ADA) Cardano on Binance, you'll want to go to the tab which is called “Exchange” and click on “Basic”.

To find Cardano (ADA), you'll need to insert the short name of the asset (ADA) into the search-box, which is highlighted in the picture. Be certain of having choosen the proper pairing, we've marked this also. Click on “ADA/BTC” to go ahead.

Step 4 – Purchasing (ADA) Cardano

After you have spotted (ADA) Cardano, you will be given a Price Chart (in the Center of the picture) and some Order Books (on the Left of the image). Next we are going to make our own Limit Order.

The field with the “Price” tag will be filled automatically with the most up-to-date tariff (ADA) Cardano was sold for. This can be changed to your preferred 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'll settle for the whole amount of ADA.

If you're satisfied, click on “Buy ADA”. Your plan will be filled as soon as a Seller sells their ADA for the price you offered.

Step 5 – Withdraw Cardano (ADA)

Unless you're regularly trading, you should never keepyour crypto on an Exchange for an extended time period. In order to take off your Cardano (ADA), hover over the tab called “Funds” and mouse click on “Withdraw”. (ADA) Cardano can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find Cardano (ADA) by using the given drop-down box. Drop in the quantity of Cardano (ADA) you would like to withdraw. Don't forget the shown minimus/fees. Also make sure you have filled your precise withdraw address.

If you are happy, click on “Submit”. You may be asked for verfication via email/phone ahead of a take off.

Congratulations! You have successfully purchased and stored (ADA) Cardano in Cuba.

That's it!

Take offs from Crypto Exchange can durate between 1 – 30 minutes (depending on network usage). As soon as you have proved your take off using Ethplorer.io or Etherscan.io and the Cardano (ADA) is stored within your wallet, you are done.