A Step-by-Step-Guide on how to buy Cardano (ADA) in Taiwan
Step 1 – Signup to CEX.io You will first need to buy units of the major coins. Exchanges commonly accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Click below to register and to get your first Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Transfer Your BTC (Bitcoin) or ETH (Ethereum) to an Exchange Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is similar. Cardano (ADA) is obtainable on Binance, so we're going to use that as an example. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this how-to) Make sure you've chosen the correct coin you want to deposit. BTC must be sent to a BTC deposit address, Ethereum to an ETH deposit address, and so on. In the case you are using a decentralized exchange, such as Airswap or DDEX could be different (Just follow these easy steps).
Step 3 – Find (ADA) Cardano Once your deposit has been affirmed, you will instantly have access to your funds and you can launch invest and trading. To buy (ADA) Cardano on Binance, you'll want to hover over the tab which is called “Exchange” and mouse 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 image. Be certain of having choosen the correct pairing, we have marked this too. Click on “ADA/BTC” to go on.
Step 4 – Buy (ADA) Cardano As soon as you have discovered Cardano (ADA), you will be given a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the image). For now we're going to create our own Limit Order. The field with the “Price” tag will be filled automatically with the most recent rate Cardano (ADA) was traded for. This can be changed to your preferred rate. The field with the “Amount” tag is the quantity of ADA you wish to purchase. The “Total” field is the whole price in BTC that you will settle for the whole volumen of ADA. If you are happy, make a mouse click on “Buy ADA”. Your order will be filled when a Vender sells their ADA for the price you offered.
Step 5 – Withdraw (ADA) Cardano Unless you're regularly trading, best advise is not to keep your crypto on an Cryptocurrency Exchange for an extended period of time. In order to take off your (ADA) Cardano, go to the tab called “Funds” and click on “Withdraw”. (ADA) Cardano can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate (ADA) Cardano by using the provided drop-down box. Put into the amount of Cardano (ADA) you'd like to withdraw. Take into account the displayed minimus/fees. Also make sure you have entered your right withdraw address. If you are happy, make a mouse click on “Submit”. You could be asked for email/phone verification ahead of a take off.