A Step-by-Step-Guide on how to buy Cardano (ADA) in Georgia
Step 1 – Signup to Coinbase and recieve 10$ for free In the beginning you'll need to buy units of the major coins. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Click the button below for registration and receive your first 10 Dollar.
Step 2 – Transfer Your Funds to an Exchange Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is identical. Cardano (ADA) is accessible on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Exchange? (Just follow this manual) Make sure you have selected the correct coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, and so on. If you are using a decentralized exchange, such as Airswap or DDEX could be different (Follow these easy steps).
Step 3 – Find (ADA) Cardano As soon as your deposit has been verified, you will now have access to your funds and you can initiate invest and trading. To buy (ADA) Cardano on Binance, you'll want to hover over the “Exchange” tab and click on “Basic”. To discover (ADA) Cardano, you will need to put the cointype (ADA) into the search box, which is highlighted in the graphic. Make sure you have selected the proper pairing, we have marked this also. Click on “ADA/BTC” to continue.
Step 4 – Buying (ADA) Cardano Once you've spotted Cardano (ADA), you will be given a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the picture). And now we are making our own Limit Order. The field with the “Price” tag will be filled with the most latest rate (ADA) Cardano was sold for. You can change this to your preferred rate. The field with the “Amount” tag is the quantity of ADA you wish to purchase. The field with the “Total” tag is the total price in BTC that you will pay for the whole quantity of ADA. If you are glad, click on “Buy ADA”. Your order will be filled when a Seller trades their ADA for the price you submitted.
Step 5 – Withdraw (ADA) Cardano Unless you're regularly trading, best advise is not to keep your crypto on an Exchange for an extensive time period. In order to take off your (ADA) Cardano, hover over the tab called “Funds” and mouse click on “Withdraw”. (ADA) Cardano can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Cardano (ADA) by using the provided drop-down box. Put into the amount of (ADA) Cardano you would wish to withdraw. Take into account the displayed minimus/fees. Also make sure you have filled your right withdraw address. If you are happy, make a mouse click on “Submit”. You may be asked for verfication via phone/email ahead of a take off.