How to Buy Cardano (ADA) in Hong Kong

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

Step 1 – Join Coinbase and get 10$ for free

You will first need to purchase one of the top-tier currencies. Exchanges normally accept either Bitcoin or Ethereum in exchange for alternative Coins. Click the button below to register and receive your welcome 10 Dollar.

Step 2 – Send Your Funds to an Cryptocurrency Exchange

Your Bitcoin (BTC) or Ethereum (ETH) has 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. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this how-to)

Make sure you've selected the right coin you would like to deposit.

Bitcoin must be sent to a BTC deposit address, ETH to an Ethereum deposit address, etcetera. If you're using a decentralized exchange, like Airswap or DDEX could be divergent (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 start buying and trading. To purchase Cardano (ADA) on Binance, you'll want to hover over theExchangetab and then click onBasic”.

To find (ADA) Cardano, you'll need to insert the short name of the asset (ADA) into the search-box, which is marked in the picture. Make sure you have choosen the correct grouping, we've highlighted this also. Click onADA/BTCto advance.

Step 4 – Buying (ADA) Cardano

As soon as you have spotted (ADA) Cardano, you will be presented with a Price Chart (in the Center of the image) and a few Order Books (on the Left of the picture). And now we're creating our Limit Order.

The field with thePricetag will be filled automatically with the latest tariff Cardano (ADA) was sold for. You can change this to your desired rate. TheAmountfield is the quantity of ADA you want to buy. TheTotalfield is the total price in BTC that you will pay for the complete volumen of ADA.

When you're satisfied, make a mouse click onBuy ADA”. Your order will be filled as soon as a Seller trades their ADA for the price you submitted.

Step 5 – Withdraw (ADA) Cardano

Unless you're trading, you should never keepyour coins on an Crypto Exchange for an longer time frame. In order to withdraw your Cardano (ADA), hover over theFundstab and mouse click onWithdraw”. (ADA) Cardano can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate (ADA) Cardano by using the provided drop-down box. Drop in the quantity of Cardano (ADA) you would like to take off. Take into account the presented fees/minimums. Also make sure you have entered your precise withdraw address.

When you are satisfied, clickSubmit”. You could be requested for phone/email verification ahead of a withdrawal.

Congrats! You've successfully bought and stored Cardano (ADA) in Hong Kong.

That's it!

Withdrawals from Cryptocurrency Exchange can take anywhere from 1 – 30 minutes (depending on network usage). Once you've proved your withdrawal with Ethplorer.io or Etherscan.io and the (ADA) Cardano is stored in your wallet, you're finished.