How to Buy Cardano (ADA) in Egypt

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

Step 1 – Join Kraken

You will first need to buy units of the major coins. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Click the button below to register and getting your first Ethereum or Bitcoin.

Step 2 – Send Your Bitcoin or Ethereum to an Cryptocurrency Exchange

Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is alike. Cardano (ADA) is available on Binance, so we're going to use that as an sample. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this guide)

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

Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, et cetera. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our manual).

Step 3 – Locate (ADA) Cardano

Once your deposit has been verified, you will instantly have access to your funds and you can begin invest and trading. To buy (ADA) Cardano on Binance, you'll want to hover over the tab which is called “Exchange” and then click on “Basic”.

In order to discover Cardano (ADA), you'll need to put the cointype (ADA) into the search box, which is highlighted in the graphic. Make sure you have selected the right pairing, we've marked this too. Click on “ADA/BTC” to go ahead.

Step 4 – Purchasing (ADA) Cardano

Once you've spotted (ADA) Cardano, you will be presented with a Price Chart (in the Center of the image) and some Order Books (Leftside of the picture). And now we're making our own Limit Order.

The “Price” field will be filled automatically with the most up-to-date rate Cardano (ADA) was traded for. You can change this to your desired rate. The field with the “Amount” tag is the amount of ADA you wish to buy. The field with the “Total” tag is the aggregated price in BTC that you'll settle for the complete volumen of ADA.

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

Step 5 – Withdraw (ADA) Cardano

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

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

When you are happy, click “Submit”. You could be asked for phone/email verification ahead of a withdrawal.

Congrats! You have successfully bought and stored Cardano (ADA) in Egypt.

That's it!

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