A Step-by-Step-Guide on how to buy Cardano (ADA) in Greenland
Step 1 – Join Coinbase and recieve 10$ for free In the beginning you'll need to purchase units of the major currencies. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Click the button below for registration and receive your first 10 Dollar.
Step 2 – Transfer Your Bitcoin or Ethereum to an Exchange Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Exchange now. Every exchange has a deposit form that is identical. Cardano (ADA) is obtainable on Binance, so we will use that as an illustration. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow this how-to) Make sure you've chosen the exact coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, and so forth. If you're working with a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our guide).
Step 3 – Find (ADA) Cardano As soon as your deposit has been confirmed, you'll directly have access to your funds and you can commence purchasing and trading. To buy Cardano (ADA) on Binance, you'll want to go to the tab which is called “Exchange” and then mouse click on “Basic”. In order to find (ADA) Cardano, you will need to put the short name of the asset (ADA) into the search-box, which is marked in the graphic. Make sure you have selected the proper pairing, we've highlighted this also. Click on “ADA/BTC” to proceed.
Step 4 – Purchasing (ADA) Cardano Once you've discovered Cardano (ADA), you will be given a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the image). For now we are making our own Limit Order. The field with the “Price” tag will be filled automatically with the most up-to-date price (ADA) Cardano was traded for. This can be changed to your desired rate. The “Amount” field is the quantity of ADA you wish to purchase. The field with the “Total” tag is the whole price in BTC that you will settle for the complete amount of ADA. When you are satisfied, make a mouse click on “Buy ADA”. Your order will be filled as soon as a Vender sells their ADA for the price you introduced.
Step 5 – Withdraw (ADA) Cardano Unless you're regularly trading, you should never keepyour crypto on an Crypto Exchange for an longer time period. To withdraw your (ADA) Cardano, go to the “Funds” tab and click on “Withdraw”. Cardano (ADA) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find Cardano (ADA) by using the given drop-down box. Put into the volumen of (ADA) Cardano you'd like to take off. Take into account the shown fees/minimums. Also make sure you have filled your correct withdraw address. When you're satisfied, click “Submit”. You may be asked for phone/email verification before a withdrawal.