A Step-by-Step-Guide on how to buy Cardano (ADA) in South Sudan
Step 1 – Join Kraken In the beginning you'll need to buy units of the bigger coins. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Click the button below for registration and receive your welcome Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Cryptocurrency Exchange Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is similar. Cardano (ADA) is accessible on Binance, so we will use that as an illustration. Not sure on how to send Coinbase funds to an Crypto Exchange? (Follow this manual) Make sure you've chosen the right coin you would like to deposit. BTC must be sent to a BTC deposit address, ETH to an Ethereum deposit address, and so on. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our manual).
Step 3 – Find (ADA) Cardano As soon as your deposit has been confirmed, you'll immediately have access to your assets and you can begin buying and trading. To invest in Cardano (ADA) on Binance, you will want to hover over the “Exchange” tab and then mouse click on “Basic”. To locate Cardano (ADA), you will need to insert the shortname of the coin (ADA) into the search-box, which is marked in the image. Make sure you have selected the proper grouping, we have marked this also. Click on “ADA/BTC” to proceed.
Step 4 – Buying (ADA) Cardano As soon as you've discovered Cardano (ADA), you'll be given a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the picture). And now we're going to make our Limit Order. The “Price” field will be automatically filled with the recent tariff Cardano (ADA) was sold for. This can be changed to your preferred rate. The field with the “Amount” tag is the amount of ADA you like to buy. The field with the “Total” tag is the whole price in BTC that you'll pay for the whole amount of ADA. If you're satisfied, click on “Buy ADA”. Your plan will be filled as soon as a Vendor sells their ADA for the price you submitted.
Step 5 – Withdraw (ADA) Cardano Unless you're regularly trading, best advise is not to keep your crypto on an Cryptocurrency Exchange for an extensive period of time. To withdraw your Cardano (ADA), hover over the tab called “Funds” and click on “Withdraw”. Cardano (ADA) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate Cardano (ADA) by using the given drop-down box. Enter the amount of (ADA) Cardano you would like to take off. Take into account the demonstrated fees/minimums. Also make sure you have entered your correct withdraw address. When you are happy, click “Submit”. You could be requested for verfication via email/phone before a withdrawal.