A Step-by-Step-Guide on how to buy Cardano (ADA) in Morocco
Step 1 – Signup to CEX.io You'll first need to buy units of the top-tier currencies. Exchanges usually accept either Bitcoin or Ethereum in exchange for Altcoins. Click below to register and receive your welcome BTC (Bitcoin) or ETH (Ethereum).
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. Every exchange has a deposit form that is similar. Cardano (ADA) is accessible on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Exchange? (Follow this guide) Make sure you have chosen the right coin you wish to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so on. If you are working with a decentralized exchange, like Airswap or DDEX could be different (Just follow our manual).
Step 3 – Locate (ADA) Cardano As soon as your deposit has been verified, you'll immediately have access to your assets and you can initiate invest and trading. To buy (ADA) Cardano on Binance, you'll want to hover over the “Exchange” tab and after that mouse click on “Basic”. In order to find Cardano (ADA), you'll need to insert the short name of the asset (ADA) into the search-box, which is marked in the image. Make sure you have choosen the right grouping, we've marked this too. Click on “ADA/BTC” to go on.
Step 4 – Acquisition of (ADA) Cardano Once you have located (ADA) Cardano, you will be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the image). Next we are making our Limit Order. The “Price” field will be filled automatically with the latest valuation (ADA) Cardano was traded for. This can be changed to your preferred rate. 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 quantity of ADA. If you're glad, click on “Buy ADA”. Your order will be filled as soon as a Seller sells their ADA for the price you introduced.
Step 5 – Withdraw (ADA) Cardano Unless you are regularly trading, best advise is not to keep crypto on an Cryptocurrency Exchange for an extensive time frame. To withdraw your Cardano (ADA), go to the “Funds” tab and click on “Withdraw”. (ADA) Cardano can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find (ADA) Cardano by using the provided drop-down box. Drop in the amount of Cardano (ADA) you would like to take off. Don't forget the demonstrated minimus/fees. Also make sure you have filled your precise withdraw address. When you are happy, click on “Submit”. You may be asked for verfication via phone/email ahead of a take off.