How to Buy Cardano (ADA) in Equatorial Guinea

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

Step 1 – Signup to Kraken

In the beginning you'll need to buy one of the major currencies. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Follow the Link below for registration and to get your welcome Ethereum or Bitcoin.

Step 2 – Send Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Trader

Your Ethereum or Bitcoin has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is identical. Cardano (ADA) is obtainable on Binance, so we're going to use that as an illustration. Not sure on how to send Coinbase funds to an Crypto Trader? (Follow these easy steps)

Make sure you've chosen the right coin you want to deposit.

BTC must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etcetera. If you're dealing with a decentralized exchange, like Airswap or DDEX could be different (Follow our guide).

Step 3 – Find Cardano (ADA)

As soon as your deposit has been approved, you will immediately have access to your assets and you can begin invest and trading. To invest in (ADA) Cardano on Binance, you'll want to go to the tab which is called “Exchange” and after that mouse click on “Basic”.

To discover Cardano (ADA), you'll need to put the cointype (ADA) into the search box, which is highlighted in the image. Make sure you have choosen the proper pairing, we've highlighted this also. Click on “ADA/BTC” to continue.

Step 4 – Acquisition of Cardano (ADA)

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

The field with the “Price” tag will be filled with the most latest valuation (ADA) Cardano was sold for. You can change this to your desired rate. The “Amount” field is the amount of ADA you want to purchase. The “Total” field is the aggregated price in Bitcoin that you'll pay for the complete volumen of ADA.

When you are glad, click on “Buy ADA”. Your plan will be filled when a Seller trades their ADA for the price you introduced.

Step 5 – Withdraw Cardano (ADA)

Unless you are regularly trading, best advise is not to keep coins on an Crypto Trader for an extended period of time. In order to withdraw your Cardano (ADA), hover over the “Funds” tab and mouse click on “Withdraw”. (ADA) Cardano can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate (ADA) Cardano by using the provided drop-down box. Put into the volumen of (ADA) Cardano you'd like to take off. Don't forget the demonstrated fees/minimums. Also make sure you have entered your right withdraw address.

If you're satisfied, click “Submit”. You could be requested for verfication via email/phone before a withdrawal.

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

That's it!

Take offs from Exchange can take anywhere from 1 – 30 minutes (depending on usage of the network). Once you've proved your take off using Ethplorer.io or Etherscan.io and the Cardano (ADA) is safe within your wallet, you're all done.