How to Buy Cardano (ADA) in Guinea-Bissau

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

Step 1 – Join Kraken

You'll first need to purchase one of the bigger coins. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Click the button below to register and receive your welcome ETH (Ethereum) or BTC (Bitcoin).

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

Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Exchange now. Every exchange has a deposit form that is identical. Cardano (ADA) is accessible 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 how-to)

Make sure you have selected the right coin you want to deposit.

Bitcoin must be sent to a BTC deposit address, ETH to an Ethereum deposit address, and so forth. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our manual).

Step 3 – Find (ADA) Cardano

Once your deposit has been approved, you'll now have access to your finances and you can begin purchasing and trading. To invest in Cardano (ADA) on Binance, you'll want to hover over the “Exchange” tab and then mouse click on “Basic”.

To find (ADA) Cardano, you will need to insert the shortname of the coin (ADA) into the search-box, which is highlighted in the image. Be certain of having choosen the correct grouping, we've highlighted this too. Click on “ADA/BTC” to go on.

Step 4 – Buying Cardano (ADA)

After you've located Cardano (ADA), you'll be given a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). For now we're going to make our own Limit Order.

The “Price” field will be filled with the most recent rate (ADA) Cardano was traded 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 aggregated price in Bitcoin that you'll settle for the whole quantity of ADA.

If you are glad, make a mouse click on “Buy ADA”. Your order will be filled when a Vendor trades their ADA for the price you introduced.

Step 5 – Withdraw Cardano (ADA)

Unless you're regularly trading, you should never keepyour crypto coins on an Exchange for an longer time period. In order to take off your (ADA) Cardano, go to the tab called “Funds” and mouse click on “Withdraw”. (ADA) Cardano can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

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

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

Congrats! You have successfully purchased and safed (ADA) Cardano in Guinea-Bissau.

That's it!

Take offs from Exchange can durate between 1 – 30 minutes (rely on network usage). As soon as you've confirmed your withdrawal with Ethplorer.io or Etherscan.io and the (ADA) Cardano is safe in your wallet, you are finished.
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