A Step-by-Step-Guide on how to buy Cardano (ADA) in Mayotte
Step 1 – Join Kraken You'll first need to buy one of the major currencies. Exchanges usually accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Follow the Link below for registration and receive your first ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Transfer Your Funds to an Exchange Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is identical. Cardano (ADA) is obtainable on Binance, so we will use that as an sample. Not sure on how to send funds from Coinbase to an Exchange? (Follow this manual) Make sure you've selected the right coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so on. If you are using a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow our how-to).
Step 3 – Find (ADA) Cardano Once your deposit has been affirmed, you will now have access to your finances and you can begin buying and trading. To buy Cardano (ADA) on Binance, you will want to hover over the tab which is called “Exchange” and after that mouse click on “Basic”. In order to discover (ADA) Cardano, you will need to put the short name of the asset (ADA) into the search box, which is highlighted in the picture. Be certain of having selected the right pairing, we have highlighted this too. Click on “ADA/BTC” to go on.
Step 4 – Acquisition of Cardano (ADA) Once you have found Cardano (ADA), you'll be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the image). For now we are going to create our own Limit Order. The “Price” field will be filled with the latest tariff Cardano (ADA) was traded for. This can be changed to your preferred price. The “Amount” field is the amount of ADA you wish to buy. The “Total” field is the whole price in Bitcoin that you will settle for the whole amount of ADA. When you are happy, click on “Buy ADA”. Your order will be filled when a Vendor trades their ADA for the price you introduced.
Step 5 – Withdraw (ADA) Cardano Unless you are regularly trading, best advise is not to keep coins on an Cryptocurrency Exchange for an extensive time frame. In order to withdraw your Cardano (ADA), go to the tab called “Funds” and click on “Withdraw”. (ADA) Cardano can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Cardano (ADA) by using the provided drop-down box. Put into the volumen of Cardano (ADA) you would like to take off. Don't forget the presented fees/minimums. Also make sure you have entered your correct withdraw address. When you're satisfied, make a mouse click on “Submit”. You could be requested for phone/email verification ahead of a take off.