How to Buy Cardano (ADA) in Slovakia

A Step-by-Step-Guide on how to buy Cardano (ADA) in Slovakia

Step 1 – Signup to Kraken

You'll first need to purchase one of the bigger currencies. Exchanges commonly accept either Ethereum or Bitcoin in exchange for alternative Coins. Follow the Link below for registration and to get your first BTC (Bitcoin) or ETH (Ethereum).

Step 2 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an Cryptocurrency Exchange

Your Bitcoin or Ethereum will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. Cardano (ADA) is accessible on Binance, so we're going to use that as an sample. Not sure on how to send Coinbase funds to an Crypto Trader? (Follow this how-to)

Make sure you've chosen the precise coin you want to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so on. If you are using a decentralized exchange, such as Airswap or DDEX could be divergent (Follow these easy steps).

Step 3 – Locate (ADA) Cardano

As soon as your deposit has been affirmed, you will instantly have access to your assets and you can begin buying and trading. To invest in Cardano (ADA) on Binance, you will want to go to the tab which is called “Exchange” and after that mouse click on “Basic”.

To discover Cardano (ADA), you'll need to put the shortname of the coin (ADA) into the search box, which is highlighted in the picture. Make sure you have choosen the right pairing, we have highlighted this too. Click on “ADA/BTC” to go on.

Step 4 – Acquisition of Cardano (ADA)

As soon as you have discovered Cardano (ADA), you will be given a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the picture). Next we're making our Limit Order.

The field with the “Price” tag will be filled with the recent price (ADA) Cardano was traded for. You can change this to your preferred rate. The field with the “Amount” tag is the amount of ADA you wish to purchase. The field with the “Total” tag is the whole price in BTC that you'll pay for the complete quantity of ADA.

If you're glad, make a mouse click on “Buy ADA”. Your order will be filled as soon as a Vendor sells their ADA for the price you submitted.

Step 5 – Withdraw Cardano (ADA)

Unless you are frequently trading, never keep your coins on an Crypto Trader for an extended time frame. In order to withdraw your (ADA) Cardano, go to the “Funds” tab and mouse click on “Withdraw”. (ADA) Cardano can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find (ADA) Cardano by using the given drop-down box. Drop in the volumen of Cardano (ADA) you would wish to take off. Don't forget the presented minimus/fees. Also make sure you have filled your correct withdraw address.

If you are glad, make a mouse click on “Submit”. You could be requested for verfication via email/phone before a withdrawal.

Congrats! You have successfully bought and safed (ADA) Cardano in Slovakia.

That's it!

Take offs from Crypto Exchange can take between 1 – 30 minutes (rely on network usage). As soon as you've confirmed your take off with Ethplorer.io or Etherscan.io and the Cardano (ADA) is stored inside your wallet, you're finished.