A Step-by-Step-Guide on how to buy Cardano (ADA) in Sierra Leone
Step 1 – Join Coinbase and get 10$ for free You'll first need to buy units of the major currencies. Exchanges normally accept either Bitcoin or Ethereum in exchange for alternative Coins. Click the button below for registration and getting your welcome $10.
Step 2 – Transmit Your Bitcoin or Ethereum to an Cryptocurrency Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Crypto 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 example. Unsure on how to send funds from Coinbase to an Exchange? (Follow these easy steps) Make sure you've chosen the precise coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so forth. In the case you are working with a decentralized exchange, like Airswap or DDEX could be opposed (Follow our manual).
Step 3 – Locate (ADA) Cardano As soon as your deposit has been verified, you will directly have access to your funds and you can begin invest and trading. To buy Cardano (ADA) on Binance, you'll want to hover over the tab which is called “Exchange” and after that mouse click on “Basic”. In order to spot (ADA) Cardano, you will need to insert the short name of the asset (ADA) into the search box, which is marked in the graphic. Make sure you have choosen the proper grouping, we have marked this too. Click on “ADA/BTC” to go on.
Step 4 – Buying Cardano (ADA) Once you have found (ADA) Cardano, you will be presented with a Price Chart (in the Center of the image) and a few Order Books (on the Left of the picture). For now we're creating our Limit Order. The field with the “Price” tag will be automatically filled with the recent price (ADA) Cardano was traded for. This can be changed to your favoured rate. The field with the “Amount” tag is the amount of ADA you want to buy. The field with the “Total” tag is the total price in Bitcoin that you will pay for the complete amount of ADA. When you are satisfied, click on “Buy ADA”. Your plan will be filled when a Vender sells their ADA for the price you offered.
Step 5 – Withdraw Cardano (ADA) Unless you're regularly trading, you should never keepyour crypto coins on an Cryptocurrency Exchange for an longer time period. In order to withdraw your (ADA) Cardano, hover over the “Funds” tab and click on “Withdraw”. Cardano (ADA) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find (ADA) Cardano by using the given drop-down box. Drop in the quantity of Cardano (ADA) you would wish to withdraw. Don't forget the presented minimus/fees. Also make sure you have entered your correct withdraw address. When you are glad, make a mouse click on “Submit”. You may be requested for verfication via phone/email before a withdrawal.