A Step-by-Step-Guide on how to buy Cardano (ADA) in Russia
Step 1 – Join Kraken In the beginning you'll need to buy units of the top-tier currencies. Exchanges commonly accept either Bitcoin or Ethereum in exchange for Altcoins. Click the button below to register and to get your first Ethereum or Bitcoin.
Step 2 – Send Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Trader Your Ethereum or Bitcoin will need to be sent over to an Exchange now. Every exchange has a deposit form that is similar. Cardano (ADA) is available on Binance, so we will use that as an sample. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Follow this guide) Make sure you have selected the right coin you would like to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, etc. In the case you're working with a decentralized exchange, like Airswap or DDEX could be unlike (Follow our manual).
Step 3 – Locate Cardano (ADA) Once your deposit has been confirmed, you'll now have access to your funds and you can initiate purchasing and trading. To purchase (ADA) Cardano on Binance, you'll want to hover over the tab which is called “Exchange” and click on “Basic”. In order to spot Cardano (ADA), you will need to insert the shortname of the coin (ADA) into the search-box, which is marked in the graphic. Make sure you have choosen the right grouping, we've highlighted this too. Click on “ADA/BTC” to go ahead.
Step 4 – Acquisition of Cardano (ADA) Once you've discovered 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). Next we're making our own Limit Order. The “Price” field will be filled automatically with the up-to-date tariff (ADA) Cardano was sold for. This can be changed to your desired price. The field with the “Amount” tag is the volumen of ADA you like to buy. The field with the “Total” tag is the total price in Bitcoin that you will settle for the whole volumen of ADA. When you are glad, make a mouse click on “Buy ADA”. Your plan will be filled as soon as a Seller sells their ADA for the price you submitted.
Step 5 – Withdraw Cardano (ADA) Unless you are regularly trading, best advise is not to keep coins on an Crypto Exchange for an longer period of time. In order to withdraw your (ADA) Cardano, go to the tab called “Funds” and mouse click on “Withdraw”. (ADA) Cardano can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Cardano (ADA) by using the provided drop-down box. Drop in the volumen of Cardano (ADA) you'd wish to take off. Take into account the presented fees/minimums. Also make sure you have filled your precise withdraw address. When you're glad, click on “Submit”. You may be requested for phone/email verification before a take off.