A Step-by-Step-Guide on how to buy Cardano (ADA) in Portugal
Step 1 – Signup to Kraken In the beginning you'll need to buy units of the major coins. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Click below to register and to get your first Bitcoin or Ethereum.
Step 2 – Transmit Your BTC (Bitcoin) or ETH (Ethereum) to an Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is alike. Cardano (ADA) is available on Binance, so we're going to use that as an example. Unsure on how to send Coinbase funds to an Crypto Exchange? (Just follow this guide) Make sure you have selected the precise coin you would like to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so forth. If you are using a decentralized exchange, such as Airswap or DDEX could be unlike (Follow these easy steps).
Step 3 – Locate Cardano (ADA) Once your deposit has been verified, you'll now have access to your assets and you can initiate purchasing and trading. To purchase (ADA) Cardano on Binance, you will want to hover over the tab which is called “Exchange” and then mouse click on “Basic”. In order to find (ADA) Cardano, you will need to put the cointype (ADA) into the search box, which is highlighted in the image. Be certain of having selected the right grouping, we've marked this also. Click on “ADA/BTC” to go on.
Step 4 – Purchase (ADA) Cardano As soon as you've located Cardano (ADA), you'll be given a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the picture). For now we are making our own Limit Order. The “Price” field will be filled automatically with the most up-to-date price (ADA) Cardano was traded for. You can change this to your preferred price. The field with the “Amount” tag is the volumen of ADA you want to purchase. The “Total” field is the total price in BTC that you'll pay for the whole quantity of ADA. If you are satisfied, make a mouse click on “Buy ADA”. Your order will be filled when a Seller sells their ADA for the price you introduced.
Step 5 – Withdraw (ADA) Cardano Unless you are frequently trading, you should never keepyour crypto coins on an Crypto Exchange for an extended time frame. In order to withdraw your Cardano (ADA), hover over the “Funds” tab and mouse click on “Withdraw”. (ADA) Cardano can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Cardano (ADA) by using the given drop-down box. Enter the quantity of (ADA) Cardano you'd wish to take off. Don't forget the demonstrated fees/minimums. Also make sure you have filled your right withdraw address. If you are glad, make a mouse click on “Submit”. You may be requested for verfication via phone/email before a withdrawal.