A Step-by-Step-Guide on how to buy Cardano (ADA) in Saint Martin
Step 1 – Join Coinbase and recieve 10$ for free You'll first need to purchase units of the top-tier currencies. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Follow the Link below for registration and to get your welcome 10$.
Step 2 – Send Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is identical. Cardano (ADA) is available on Binance, so we will use that as an illustration. Not sure on how to send Coinbase funds to an Crypto Exchange? (Just follow this guide) Make sure you've chosen the exact 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, like Airswap or DDEX could be different (Just follow these easy steps).
Step 3 – Locate (ADA) Cardano Once your deposit has been approved, you will instantly have access to your funds and you can start buying and trading. To purchase Cardano (ADA) on Binance, you'll want to hover over the “Exchange” tab and after that click on “Basic”. To locate (ADA) Cardano, you'll need to insert the short name of the asset (ADA) into the search-box, which is highlighted in the image. Be certain of having choosen the correct pairing, we have marked this too. Click on “ADA/BTC” to go ahead.
Step 4 – Buy (ADA) Cardano Once you have discovered (ADA) Cardano, you'll be presented with a Price Chart (in the Center of the picture) and some Order Books (Leftside of the image). And now we are going to create our Limit Order. The field with the “Price” tag will be filled with the latest tariff (ADA) Cardano was traded for. You can change this to your desired rate. The “Amount” field is the quantity of ADA you like to buy. The field with the “Total” tag is the total price in BTC that you will settle for the whole quantity of ADA. When you are glad, click on “Buy ADA”. Your order will be filled as soon as a Seller sells their ADA for the price you submitted.
Step 5 – Withdraw (ADA) Cardano Unless you're frequently trading, best advise is not to keep coins on an Crypto Exchange for an longer period of time. To withdraw your Cardano (ADA), hover over the tab called “Funds” and click on “Withdraw”. (ADA) Cardano can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate (ADA) Cardano by using the provided drop-down box. Put into the amount of (ADA) Cardano you'd like to withdraw. Take into account the shown fees/minimums. Also make sure you have filled your correct withdraw address. When you are glad, click “Submit”. You may be asked for verfication via email/phone ahead of a withdrawal.