A Step-by-Step-Guide on how to buy Cardano (ADA) in Namibia
Step 1 – Join Kraken You'll first need to purchase one of the bigger currencies. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Follow the Link below to register and receive your first Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Transmit Your Ethereum (ETH) or Bitcoin (BTC) to an Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Exchange now. All exchanges have a deposit form that is similar. Cardano (ADA) is obtainable on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Exchange? (Just follow these easy steps) Make sure you have selected the right coin you want to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, and so on. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our manual).
Step 3 – Find (ADA) Cardano As soon as your deposit has been approved, you'll directly have access to your funds and you can launch invest and trading. To purchase Cardano (ADA) on Binance, you will want to hover over the “Exchange” tab and then click on “Basic”. To locate Cardano (ADA), you'll need to put the shortname of the coin (ADA) into the search-box, which is marked in the graphic. Make sure you have choosen the right pairing, we've marked this also. Click on “ADA/BTC” to progress.
Step 4 – Purchase Cardano (ADA) As soon as you've spotted Cardano (ADA), you will be given a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). And now we are creating our own Limit Order. The “Price” field will be automatically filled with the latest tariff (ADA) Cardano was traded for. You can change this to your desired price. The field with the “Amount” tag is the volumen of ADA you want to purchase. The field with the “Total” tag is the whole price in Bitcoin that you'll settle for the whole quantity of ADA. When you're satisfied, make a mouse click on “Buy ADA”. Your plan will be filled when a Vender sells their ADA for the price you gave.
Step 5 – Withdraw Cardano (ADA) Unless you are regularly trading, never keep your crypto coins on an Crypto Exchange for an longer time period. In order to withdraw your (ADA) Cardano, go to the “Funds” tab and mouse click on “Withdraw”. (ADA) Cardano can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Cardano (ADA) by using the given drop-down box. Drop in the quantity of Cardano (ADA) you'd like to withdraw. Don't forget the presented fees/minimums. Also make sure you have entered your correct withdraw address. When you are glad, click on “Submit”. You may be requested for email/phone verification before a withdrawal.