A Step-by-Step-Guide on how to buy Cardano (ADA) in Netherlands
Step 1 – Join CEX.io You'll first need to purchase one of the top-tier coins. Exchanges usually accept either Bitcoin or Ethereum in exchange for alternative Coins. Follow the Link below to register and getting your first ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Transmit Your BTC (Bitcoin) or ETH (Ethereum) to an Cryptocurrency Exchange Your Ethereum or Bitcoin has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is identical. 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 Cryptocurrency Exchange? (Follow this guide) Make sure you have selected the right coin you would like to deposit. BTC must be sent to a BTC deposit address, ETH to an Ethereum deposit address, etcetera. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be different (Just follow our manual).
Step 3 – Find (ADA) Cardano As soon as your deposit has been confirmed, you'll now have access to your assets and you can initiate purchasing and trading. To invest in (ADA) Cardano on Binance, you'll want to hover over the tab which is called “Exchange” and mouse click on “Basic”. To discover Cardano (ADA), you will need to put the shortname of the coin (ADA) into the search-box, which is marked in the graphic. Make sure you have selected the proper grouping, we've marked this also. Click on “ADA/BTC” to advance.
Step 4 – Buying Cardano (ADA) As soon as you have found Cardano (ADA), you will be given a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the image). And now we're going to make our own Limit Order. The field with the “Price” tag will be filled automatically with the latest tariff Cardano (ADA) was traded for. You can change this to your preferred rate. The “Amount” field is the amount of ADA you wish to buy. The field with the “Total” tag is the whole price in Bitcoin that you will pay for the whole volumen of ADA. When you're happy, click on “Buy ADA”. Your order will be filled as soon as a Vender trades their ADA for the price you submitted.
Step 5 – Withdraw (ADA) Cardano Unless you are frequently trading, best advise is not to keep your crypto coins on an Cryptocurrency Exchange for an extended time frame. To take off your Cardano (ADA), hover over the tab called “Funds” and mouse click on “Withdraw”. (ADA) Cardano can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find (ADA) Cardano by using the provided drop-down box. Drop in the quantity of (ADA) Cardano you would wish to withdraw. Don't forget the presented fees/minimums. Also make sure you have filled your right withdraw address. When you're glad, click on “Submit”. You could be asked for verfication via phone/email ahead of a take off.