A Step-by-Step-Guide on how to buy Cardano (ADA) in Colombia
Step 1 – Join Coinbase – Get Free $10 You'll first need to buy one of the top-tier coins. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Click the button below for registration and receive your first $10.
Step 2 – Send Your Ethereum or Bitcoin to an Cryptocurrency Exchange Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Exchange now. Every exchange has a deposit form that is identical. Cardano (ADA) is accessible on Binance, so we're going to use that as an illustration. Unsure on how to send Coinbase funds to an Crypto Exchange? (Follow these easy steps) Make sure you've chosen the exact coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etcetera. If you are dealing with a decentralized exchange, like Airswap or DDEX could be different (Follow our guide).
Step 3 – Find Cardano (ADA) Once your deposit has been affirmed, you'll directly have access to your funds and you can begin buying and trading. To buy (ADA) Cardano on Binance, you will want to hover over the tab which is called “Exchange” and after that mouse click on “Basic”. To find Cardano (ADA), you will need to insert the shortname of the coin (ADA) into the search box, which is highlighted in the picture. Make sure you have choosen the correct grouping, we've highlighted this too. Click on “ADA/BTC” to proceed.
Step 4 – Acquisition of (ADA) Cardano After you have located (ADA) Cardano, you'll be given a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). Next we're making our own Limit Order. The “Price” field will be automatically filled with the recent tariff Cardano (ADA) was sold for. You can change this to your desired price. The “Amount” field is the volumen of ADA you wish to buy. The “Total” field is the whole price in Bitcoin that you'll settle for the complete amount of ADA. When you're happy, 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 are regularly trading, best advise is not to keep your crypto coins on an Crypto Exchange for an extended period of time. In order to take off your (ADA) Cardano, go to the “Funds” tab and mouse click on “Withdraw”. (ADA) Cardano can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate Cardano (ADA) by using the provided drop-down box. Enter the volumen of Cardano (ADA) you'd wish to take off. Take into account the presented minimus/fees. Also make sure you have filled your right withdraw address. When you are glad, click “Submit”. You could be asked for email/phone verification before a withdrawal.