A Step-by-Step-Guide on how to buy Cardano (ADA) in Nepal
Step 1 – Signup to CEX.io In the beginning you'll need to purchase units of the bigger coins. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Follow the Link below for registration and to get your first Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transmit Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Exchange Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Exchange now. Every exchange has a deposit form that is similar. Cardano (ADA) is available on Binance, so we're going to use that as an sample. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this how-to) Make sure you've selected the correct coin you would like to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, et cetera. If you're using a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow these easy steps).
Step 3 – Find (ADA) Cardano As soon as your deposit has been confirmed, you'll immediately have access to your finances and you can launch purchasing and trading. To invest in Cardano (ADA) on Binance, you'll want to hover over the “Exchange” tab and then mouse click on “Basic”. To spot (ADA) Cardano, you'll need to insert the short name of the asset (ADA) into the search box, which is marked in the picture. Be certain of having selected the correct pairing, we have marked this too. Click on “ADA/BTC” to go on.
Step 4 – Purchase Cardano (ADA) Once you have found (ADA) Cardano, you will be presented with a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). Next we are going to create our own Limit Order. The field with the “Price” tag will be filled with the up-to-date price (ADA) Cardano was traded for. You can change this to your preferred rate. The “Amount” field is the quantity of ADA you wish to purchase. The field with the “Total” tag is the whole price in Bitcoin that you will pay for the whole volumen of ADA. When you are satisfied, click on “Buy ADA”. Your plan will be filled when a Vendor trades their ADA for the price you offered.
Step 5 – Withdraw (ADA) Cardano Unless you are frequently trading, you should never keepyour crypto coins on an Crypto Trader for an extended time period. In order to take off your Cardano (ADA), hover over the “Funds” tab and click on “Withdraw”. (ADA) Cardano can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate (ADA) Cardano by using the provided drop-down box. Drop in the quantity of Cardano (ADA) you'd like to withdraw. Don't forget the displayed minimus/fees. Also make sure you have entered your correct withdraw address. When you're glad, make a mouse click on “Submit”. You may be asked for verfication via email/phone ahead of a take off.