A Step-by-Step-Guide on how to buy Cardano (ADA) in Serbia
Step 1 – Join CEX.io In the beginning you'll need to buy one of the bigger currencies. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Click below for registration and getting your first Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Send Your Ethereum or Bitcoin to an Cryptocurrency Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Exchange now. Every exchange has a deposit form that is alike. Cardano (ADA) is accessible on Binance, so we're going to use that as an illustration. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow this guide) Make sure you have chosen the exact coin you want to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, and so on. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our guide).
Step 3 – Locate (ADA) Cardano As soon as your deposit has been affirmed, you will directly have access to your funds and you can initiate purchasing and trading. To invest in (ADA) Cardano on Binance, you will want to go to the “Exchange” tab and after that click on “Basic”. In order to find Cardano (ADA), you will need to put the shortname of the coin (ADA) into the search-box, which is highlighted in the picture. Be certain of having choosen the right pairing, we've marked this too. Click on “ADA/BTC” to progress.
Step 4 – Acquisition of Cardano (ADA) After you have discovered Cardano (ADA), you'll be presented with a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). And now we are making our Limit Order. The field with the “Price” tag will be filled automatically with the most up-to-date tariff (ADA) Cardano was traded for. You can change this to your desired price. The “Amount” field is the quantity of ADA you want to buy. The “Total” field is the aggregated price in Bitcoin that you will settle for the complete quantity of ADA. If you are glad, make a mouse click on “Buy ADA”. Your plan will be filled when a Vendor sells their ADA for the price you offered.
Step 5 – Withdraw (ADA) Cardano Unless you're frequently trading, best advise is not to keep crypto coins on an Cryptocurrency Exchange for an extended time period. In order to withdraw your Cardano (ADA), hover over the tab called “Funds” and mouse click on “Withdraw”. (ADA) Cardano can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Cardano (ADA) by using the given drop-down box. Put into the quantity of (ADA) Cardano you would wish to withdraw. Take into account the shown minimus/fees. Also make sure you have entered your correct withdraw address. When you're happy, click on “Submit”. You may be asked for verfication via email/phone ahead of a withdrawal.