How to Buy Cardano (ADA) in Madagascar

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

Step 1 – Join Kraken

You will first need to purchase units of the top-tier coins. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Click the button below to register and getting your first Bitcoin or Ethereum.

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

Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is alike. Cardano (ADA) is accessible on Binance, so we're going to use that as an example. Unsure on how to send Coinbase funds to an Crypto Trader? (Follow this manual)

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

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etcetera. If you are working with a decentralized exchange, like Airswap or DDEX could be opposed (Follow our how-to).

Step 3 – Find Cardano (ADA)

As soon as your deposit has been affirmed, you'll directly have access to your finances and you can initiate invest and trading. To buy 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 short name of the asset (ADA) into the search box, which is highlighted in the image. Make sure you have choosen the right grouping, we've marked this too. Click on “ADA/BTC” to go ahead.

Step 4 – Acquisition of Cardano (ADA)

Once you have spotted (ADA) Cardano, you'll be presented with a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). Next we are making our Limit Order.

The field with the “Price” tag will be filled automatically with the most up-to-date valuation Cardano (ADA) was traded for. You can change this to your favoured price. The field with the “Amount” tag is the amount of ADA you like to purchase. The field with the “Total” tag is the total price in BTC that you will pay for the whole volumen of ADA.

When you're glad, click on “Buy ADA”. Your plan will be filled as soon as a Vender sells their ADA for the price you offered.

Step 5 – Withdraw Cardano (ADA)

Unless you are regularly trading, never keep your crypto on an Crypto Trader 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 safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate (ADA) Cardano by using the provided drop-down box. Enter the volumen of Cardano (ADA) you would wish to withdraw. Take into account the demonstrated fees/minimums. Also make sure you have filled your right withdraw address.

If you're satisfied, click “Submit”. You may be requested for email/phone verification before a take off.

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

That's it!

Take offs from Cryptocurrency Exchange can durate anywhere from 1 – 30 minutes (depending on usage of the network). As soon as you have proved your withdrawal using Etherscan.io or Ethplorer.io and the Cardano (ADA) is safe inside your wallet, you're all done.
/* */