A Step-by-Step-Guide on how to buy Cardano (ADA) in Martinique
Step 1 – Signup to Coinbase and recieve 10$ for free In the beginning you'll need to buy units of the top-tier coins. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Click below for registration and receive your welcome 10 Dollar.
Step 2 – Transmit Your Ethereum (ETH) or Bitcoin (BTC) to an Cryptocurrency Exchange Your Ethereum or Bitcoin will need to be sent over to an Crypto Trader now. All exchanges have 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 funds from Coinbase to an Crypto Exchange? (Follow this guide) Make sure you have selected the right coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etcetera. If you are using a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow our guide).
Step 3 – Locate (ADA) Cardano As soon as your deposit has been approved, you'll directly have access to your assets and you can begin buying and trading. To buy Cardano (ADA) on Binance, you will want to hover over the “Exchange” tab and after that click on “Basic”. In order to locate (ADA) Cardano, you'll need to insert the shortname of the coin (ADA) into the search-box, which is highlighted in the graphic. Make sure you have choosen the proper grouping, we've marked this too. Click on “ADA/BTC” to continue.
Step 4 – Purchasing (ADA) Cardano Once you have spotted (ADA) Cardano, you will be given a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the image). For now we're creating our own Limit Order. The “Price” field will be filled automatically with the recent rate Cardano (ADA) was traded for. This can be changed to your desired rate. The “Amount” field is the volumen of ADA you wish to purchase. The “Total” field is the aggregated price in BTC that you will settle for the whole amount of ADA. If you're happy, click on “Buy ADA”. Your plan will be filled when a Vendor sells their ADA for the price you offered.
Step 5 – Withdraw Cardano (ADA) Unless you're regularly trading, best advise is not to keep your coins on an Crypto Exchange for an longer period of time. In order to withdraw your Cardano (ADA), go to the “Funds” tab and click on “Withdraw”. (ADA) Cardano can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find Cardano (ADA) by using the provided drop-down box. Enter the volumen of (ADA) Cardano you would wish to take off. Don't forget the shown minimus/fees. Also make sure you have entered your precise withdraw address. When you're happy, click “Submit”. You may be asked for verfication via phone/email ahead of a withdrawal.