A Step-by-Step-Guide on how to buy Cardano (ADA) in Niger
Step 1 – Signup to CEX.io In the beginning you'll need to purchase units of the major currencies. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Click the button below to register and to get your first Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transfer Your Ethereum or Bitcoin to an Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is alike. Cardano (ADA) is accessible on Binance, so we're going to use that as an sample. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this manual) Make sure you've selected the precise coin you would like to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an Ethereum deposit address, etcetera. If you're working with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow our how-to).
Step 3 – Find Cardano (ADA) As soon as your deposit has been confirmed, you will directly have access to your assets and you can begin purchasing and trading. To invest in Cardano (ADA) on Binance, you'll want to go to the “Exchange” tab and then click on “Basic”. To discover (ADA) Cardano, you will need to insert the short name of the asset (ADA) into the search box, which is highlighted in the graphic. Be certain of having selected the correct pairing, we've highlighted this too. Click on “ADA/BTC” to progress.
Step 4 – Buy (ADA) Cardano After you've discovered (ADA) Cardano, you'll be given a Price Chart (in the Center of the image) and a few Order Books (on the Left of the picture). And now we are making our Limit Order. The “Price” field will be filled automatically with the latest price (ADA) Cardano was sold for. This can be changed to your preferred rate. The “Amount” field is the amount of ADA you wish to purchase. The field with the “Total” tag is the total price in BTC that you will settle for the whole volumen of ADA. If you are happy, click on “Buy ADA”. Your plan will be filled when a Vendor trades their ADA for the price you offered.
Step 5 – Withdraw Cardano (ADA) Unless you are regularly trading, best advise is not to keep your coins on an Exchange for an extended time frame. In order to take off your (ADA) Cardano, go to the tab called “Funds” 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 given drop-down box. Drop in the volumen of (ADA) Cardano you would wish to take off. Take into account the demonstrated fees/minimums. Also make sure you have entered your correct withdraw address. When you are satisfied, make a mouse click on “Submit”. You may be requested for email/phone verification ahead of a take off.