A Step-by-Step-Guide on how to buy Cardano (ADA) in Uzbekistan
Step 1 – Join Kraken In the beginning you'll need to purchase one of the top-tier coins. Exchanges normally accept either Bitcoin or Ethereum in exchange for alternative Coins. Click the button below to register and getting your first Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transmit Your Ethereum (ETH) or Bitcoin (BTC) to an Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is alike. Cardano (ADA) is available on Binance, so we will use that as an sample. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this how-to) Make sure you have selected the correct coin you wish to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etc. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our guide).
Step 3 – Find (ADA) Cardano Once your deposit has been confirmed, you'll now have access to your finances and you can commence purchasing and trading. To purchase Cardano (ADA) on Binance, you will want to hover over the tab which is called “Exchange” and click on “Basic”. To spot Cardano (ADA), you'll need to insert the short name of the asset (ADA) into the search box, which is highlighted in the graphic. Make sure you have selected the right pairing, we've highlighted this too. Click on “ADA/BTC” to advance.
Step 4 – Purchase Cardano (ADA) After you've located (ADA) Cardano, you'll be presented with a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the image). And now we are creating our own Limit Order. The field with the “Price” tag will be filled with the most up-to-date price (ADA) Cardano was traded for. This can be changed to your favoured price. The “Amount” field is the volumen of ADA you like to buy. The “Total” field is the total price in BTC that you will pay for the complete quantity of ADA. When you're glad, click on “Buy ADA”. Your order will be filled when a Vendor trades their ADA for the price you introduced.
Step 5 – Withdraw (ADA) Cardano Unless you are frequently trading, best advise is not to keep your crypto coins on an Exchange for an longer period of time. In order to take off your (ADA) Cardano, go to the “Funds” tab and mouse click on “Withdraw”. Cardano (ADA) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Cardano (ADA) by using the provided drop-down box. Drop in the amount of (ADA) Cardano you'd like to withdraw. Take into account the shown fees/minimums. Also make sure you have filled your right withdraw address. If you're happy, click on “Submit”. You may be asked for email/phone verification before a withdrawal.