How to Buy Cardano (ADA) in Niue

A Step-by-Step-Guide on how to buy Cardano (ADA) in Niue

Step 1 – Join Kraken

You'll first need to purchase units of the bigger currencies. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Follow the Link below for registration and getting your welcome BTC (Bitcoin) or ETH (Ethereum).

Step 2 – Transfer Your Funds to an Exchange

Your Ethereum or Bitcoin will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is alike. Cardano (ADA) is obtainable on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this guide)

Make sure you've chosen the correct coin you want to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an ETH deposit address, and so forth. In the case you are using a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our manual).

Step 3 – Locate (ADA) Cardano

As soon as your deposit has been approved, you'll now have access to your assets and you can start purchasing and trading. To purchase Cardano (ADA) on Binance, you will want to go to the tab which is called “Exchange” and mouse click on “Basic”.

To spot Cardano (ADA), you will need to insert the short name of the asset (ADA) into the search-box, which is highlighted in the picture. Be certain of having choosen the correct grouping, we've highlighted this too. Click on “ADA/BTC” to proceed.

Step 4 – Buying Cardano (ADA)

Once you've found Cardano (ADA), you'll be given a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). And now we are going to make our Limit Order.

The field with the “Price” tag will be automatically filled with the most recent rate (ADA) Cardano was sold for. You can change this to your preferred price. The field with the “Amount” tag is the amount of ADA you like to purchase. The “Total” field is the whole price in BTC that you will pay for the complete amount of ADA.

When you are glad, click on “Buy ADA”. Your order will be filled when a Vender trades their ADA for the price you introduced.

Step 5 – Withdraw (ADA) Cardano

Unless you are regularly trading, you should never keepyour crypto coins on an Cryptocurrency Exchange for an longer period of time. To withdraw your Cardano (ADA), hover over the “Funds” tab and click on “Withdraw”. (ADA) Cardano can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find Cardano (ADA) by using the provided drop-down box. Drop in the volumen of Cardano (ADA) you'd like to withdraw. Don't forget the displayed fees/minimums. Also make sure you have filled your precise withdraw address.

If you are happy, make a mouse click on “Submit”. You may be requested for email/phone verification ahead of a take off.

Congratulations! You've successfully bought and stored Cardano (ADA) in Niue.

That's it!

Take offs from Exchange can take between 1 – 30 minutes (rely on usage of the network). As soon as you've proved your withdrawal using Ethplorer.io or Etherscan.io and the (ADA) Cardano is stored inside your wallet, you're all done.