How to Buy Cardano (ADA) in Guam

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

Step 1 – Signup to Kraken

In the beginning you'll need to buy one of the major currencies. Exchanges commonly accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Click the button below for registration and getting your welcome Ethereum (ETH) or Bitcoin (BTC).

Kraken Signup
Step 2 – Transmit Your Bitcoin or Ethereum to an Cryptocurrency Exchange

Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is identical. Cardano (ADA) is obtainable on Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this guide)

Make sure you've chosen the correct coin you would like to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an ETH deposit address, and so on. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be different (Just follow our manual).

Binance Signup

Step 3 – Find (ADA) Cardano

As soon as your deposit has been confirmed, you'll now have access to your finances and you can launch invest and trading. To invest in Cardano (ADA) on Binance, you'll want to hover over the tab which is called “Exchange” and after that click on “Basic”.

In order to locate (ADA) Cardano, you'll need to put the cointype (ADA) into the search-box, which is highlighted in the picture. Make sure you have selected the correct grouping, we have marked this too. Click on “ADA/BTC” to go on.

Step 4 – Acquisition of Cardano (ADA)

As soon as you have discovered (ADA) Cardano, you'll be given a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the image). And now we're going to create our own Limit Order.

The “Price” field will be filled automatically with the most up-to-date tariff (ADA) Cardano was sold for. This can be changed to your preferred rate. The field with the “Amount” tag is the volumen of ADA you like to purchase. The “Total” field is the total price in Bitcoin that you will pay for the whole amount of ADA.

When you are glad, click on “Buy ADA”. Your order will be filled as soon as a Vender trades their ADA for the price you offered.

Step 5 – Withdraw (ADA) Cardano

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

Find (ADA) Cardano by using the provided drop-down box. Enter the quantity of (ADA) Cardano you would like to withdraw. Don't forget the presented minimus/fees. Also make sure you have filled your right withdraw address.

When you are glad, make a mouse click on “Submit”. You could be requested for verfication via phone/email before a withdrawal.

Congrats! You've successfully bought and stored Cardano (ADA) in Guam.

That's it!

Withdrawals from Exchange can take anywhere from 1 – 30 minutes (depending on network usage). As soon as you have proved your withdrawal using Etherscan.io or Ethplorer.io and the (ADA) Cardano is stored within your wallet, you are done.
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