How to Buy Cardano (ADA) in Czechia

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

Step 1 – Signup to Kraken

You'll first need to purchase one of the top-tier currencies. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Click below to register and to get your welcome Ethereum (ETH) or Bitcoin (BTC).

Step 2 – Transfer Your Funds to an Crypto Exchange

Your Bitcoin or Ethereum has to be sent over to an Exchange now. Every exchange has a deposit form that is identical. Cardano (ADA) is accessible on Binance, so we're going to use that as an sample. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this manual)

Make sure you have selected the precise coin you wish to deposit.

Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, etc. In the case you are working with a decentralized exchange, like Airswap or DDEX could be opposed (Follow our manual).

Step 3 – Locate (ADA) Cardano

Once your deposit has been verified, you will immediately have access to your funds and you can start buying and trading. To purchase (ADA) Cardano on Binance, you will want to go to the “Exchange” tab and then click on “Basic”.

In order to spot (ADA) Cardano, you'll need to put the short name of the asset (ADA) into the search box, which is marked in the image. Make sure you have choosen the right pairing, we have highlighted this too. Click on “ADA/BTC” to advance.

Step 4 – Acquisition of (ADA) Cardano

Once you have discovered (ADA) Cardano, you will be given a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the image). Next we are creating our own Limit Order.

The “Price” field will be filled with the most latest valuation Cardano (ADA) was traded for. This can be changed to your desired price. The “Amount” field is the amount of ADA you want to buy. The “Total” field is the aggregated price in BTC that you'll pay for the complete amount of ADA.

When you're glad, click on “Buy ADA”. Your order will be filled as soon as a Seller trades their ADA for the price you gave.

Step 5 – Withdraw (ADA) Cardano

Unless you're trading, best advise is not to keep your coins on an Cryptocurrency Exchange for an extended period of time. In order to take off your (ADA) Cardano, go to the tab called “Funds” and click on “Withdraw”. Cardano (ADA) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

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

If you are glad, click on “Submit”. You may be asked for phone/email verification ahead of a withdrawal.

Kudos! You've successfully bought and stored Cardano (ADA) in Czechia.

That's it!

Withdrawals from Cryptocurrency Exchange can durate between 1 – 30 minutes (depending on network usage). As soon as you've confirmed your take off with Etherscan.io or Ethplorer.io and the Cardano (ADA) is safe within your wallet, you're finished.