A Step-by-Step-Guide on how to buy Cardano (ADA) in Saint Lucia
Step 1 – Signup to Coinbase and recieve 10$ for free You'll first need to buy one of the bigger coins. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Click below for registration and to get your first $10.
Step 2 – Transfer Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Exchange Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. Cardano (ADA) is available on Binance, so we're going to use that as an illustration. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Follow this manual) Make sure you've chosen the right coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, et cetera. In the case you are using a decentralized exchange, such as Airswap or DDEX could be divergent (Follow these easy steps).
Step 3 – Find Cardano (ADA) Once your deposit has been approved, you will directly have access to your assets and you can begin invest and trading. To invest in (ADA) Cardano on Binance, you'll want to go to the tab which is called “Exchange” and click on “Basic”. In order to discover (ADA) Cardano, you'll need to insert the shortname of the coin (ADA) into the search box, which is highlighted in the graphic. Make sure you have choosen the proper grouping, we have highlighted this too. Click on “ADA/BTC” to go ahead.
Step 4 – Buying (ADA) Cardano After you have located (ADA) Cardano, you'll be given a Price Chart (in the Center of the picture) and some Order Books (on the Left of the picture). And now we're going to create our own Limit Order. The field with the “Price” tag will be filled automatically with the recent rate (ADA) Cardano was traded for. This can be changed to your desired price. The field with the “Amount” tag is the volumen of ADA you wish to purchase. The field with the “Total” tag is the aggregated price in BTC that you'll pay for the complete volumen of ADA. When you're glad, make a mouse click on “Buy ADA”. Your order will be filled as soon as a Seller sells their ADA for the price you introduced.
Step 5 – Withdraw Cardano (ADA) Unless you are regularly trading, never keep your crypto on an Exchange for an longer time frame. To withdraw your Cardano (ADA), hover over the “Funds” tab and click on “Withdraw”. Cardano (ADA) can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find (ADA) Cardano by using the provided drop-down box. Enter the quantity of (ADA) Cardano you'd like to withdraw. Take into account the demonstrated minimus/fees. Also make sure you have filled your precise withdraw address. When you're glad, click “Submit”. You could be asked for email/phone verification ahead of a withdrawal.