How to Buy Cardano (ADA) in Norway

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

Step 1 – Signup to CEX.io

You'll first need to buy units of the major coins. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Click the button below for registration and receive your welcome Bitcoin or Ethereum.

Step 2 – Transfer Your Funds to an Exchange

Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Cryptocurrency 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. Not sure on how to send funds from Coinbase to an Crypto Trader? (Follow these easy steps)

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

BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, et cetera. In the case you're using a decentralized exchange, like Airswap or DDEX could be opposed (Follow these easy steps).

Step 3 – Locate Cardano (ADA)

Once your deposit has been verified, you'll instantly have access to your funds and you can begin invest and trading. To purchase (ADA) Cardano on Binance, you'll want to go to the “Exchange” tab and then mouse click on “Basic”.

In order to locate Cardano (ADA), you will need to put the shortname of the coin (ADA) into the search box, which is highlighted in the picture. Make sure you have selected the correct grouping, we've highlighted this also. Click on “ADA/BTC” to advance.

Step 4 – Purchasing (ADA) Cardano

Once you've located (ADA) Cardano, you'll be given a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the picture). Next we are going to make our Limit Order.

The field with the “Price” tag will be filled automatically with the up-to-date price (ADA) Cardano was traded for. You can change this to your desired price. The field with the “Amount” tag is the amount of ADA you want to purchase. The “Total” field is the aggregated price in Bitcoin that you will pay for the whole amount of ADA.

When you are glad, make a mouse click on “Buy ADA”. Your plan will be filled as soon as a Vendor sells their ADA for the price you gave.

Step 5 – Withdraw (ADA) Cardano

Unless you are trading, best advise is not to keep your crypto coins on an Cryptocurrency Exchange for an extended period of time. To withdraw your (ADA) Cardano, hover over the “Funds” tab and click on “Withdraw”. Cardano (ADA) can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Cardano (ADA) by using the given drop-down box. Drop in the volumen of (ADA) Cardano you'd like to withdraw. Take into account the shown fees/minimums. Also make sure you have filled your right withdraw address.

If you are happy, make a mouse click on “Submit”. You could be requested for verfication via phone/email ahead of a withdrawal.

Congratulations! You've successfully purchased and stored (ADA) Cardano in Norway.

That's it!

Take offs from Exchange can durate between 1 – 30 minutes (rely on usage of the network). Once you've confirmed your take off with Etherscan.io or Ethplorer.io and the Cardano (ADA) is safe within your wallet, you are all done.