How to Buy Cardano (ADA) in Spain

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

Step 1 – Signup to CEX.io

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

Step 2 – Transmit Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Trader

Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Exchange now. All exchanges have a deposit form that is alike. Cardano (ADA) is accessible on Binance, so we will use that as an sample. Unsure on how to send Coinbase funds to an Crypto Trader? (Just follow these easy steps)

Make sure you have selected the precise coin you wish to deposit.

BTC must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, et cetera. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be different (Just follow these easy steps).

Step 3 – Find (ADA) Cardano

As soon as your deposit has been verified, you'll instantly have access to your finances and you can begin invest and trading. To purchase (ADA) Cardano on Binance, you will want to go to the tab which is called “Exchange” and click on “Basic”.

To find (ADA) Cardano, you will need to insert the shortname of the coin (ADA) into the search-box, which is highlighted in the image. Be certain of having choosen the proper grouping, we have highlighted this also. Click on “ADA/BTC” to progress.

Step 4 – Acquisition of Cardano (ADA)

After you have found Cardano (ADA), you'll be given a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the image). And now we are going to make our Limit Order.

The “Price” field will be filled with the latest valuation (ADA) Cardano was traded for. This can be changed to your desired 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'll pay for the whole amount of ADA.

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

Step 5 – Withdraw (ADA) Cardano

Unless you're trading, best advise is not to keep your coins on an Exchange for an extended time frame. In order to take off your (ADA) Cardano, go to the “Funds” tab and click on “Withdraw”. Cardano (ADA) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find Cardano (ADA) by using the provided drop-down box. Drop in the quantity of Cardano (ADA) you'd wish to withdraw. Don't forget the shown minimus/fees. Also make sure you have entered your right withdraw address.

When you are satisfied, make a mouse click on “Submit”. You may be requested for email/phone verification before a withdrawal.

Congratulations! You've successfully bought and safed (ADA) Cardano in Spain.

That's it!

Withdrawals from Exchange can durate anywhere from 1 – 30 minutes (rely on usage of the network). As soon as you have proved your take off using Ethplorer.io or Etherscan.io and the Cardano (ADA) is stored within your wallet, you're all done.