A Step-by-Step-Guide on how to buy Cardano (ADA) in Morocco
Step 1 – Signup to Coinbase and get 10$ for free In the beginning you'll need to purchase units of the major currencies. Exchanges commonly accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Click below for registration and getting your first 10 Dollar.
Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Cryptocurrency Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Exchange now. All exchanges have a deposit form that is alike. Cardano (ADA) is obtainable on Binance, so we're going to use that as an illustration. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this manual) Make sure you have chosen the precise coin you want to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, et cetera. If you are using a decentralized exchange, like Airswap or DDEX could be unlike (Follow these easy steps).
Step 3 – Locate (ADA) Cardano As soon as your deposit has been verified, you'll instantly have access to your finances and you can initiate buying and trading. To purchase (ADA) Cardano on Binance, you'll want to hover over the tab which is called “Exchange” and click on “Basic”. In order to spot (ADA) Cardano, you will need to put the short name of the asset (ADA) into the search box, which is highlighted in the picture. Make sure you have choosen the proper pairing, we've highlighted this also. Click on “ADA/BTC” to continue.
Step 4 – Purchasing Cardano (ADA) As soon as you have discovered Cardano (ADA), you'll be given a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). For now we are going to create our own Limit Order. The field with the “Price” tag will be filled with the recent tariff Cardano (ADA) was traded for. This can be changed to your preferred rate. The “Amount” field is the quantity of ADA you want to purchase. The “Total” field is the aggregated price in Bitcoin that you will pay for the complete quantity of ADA. When you are satisfied, make a mouse click on “Buy ADA”. Your plan will be filled as soon as a Seller sells their ADA for the price you introduced.
Step 5 – Withdraw Cardano (ADA) Unless you are regularly trading, best advise is not to keep your crypto coins on an Cryptocurrency Exchange for an longer period of time. To take off your Cardano (ADA), go to the “Funds” tab and click on “Withdraw”. Cardano (ADA) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Cardano (ADA) by using the given drop-down box. Drop in the amount of (ADA) Cardano you'd wish to withdraw. Don't forget the demonstrated minimus/fees. Also make sure you have filled your precise withdraw address. When you're satisfied, make a mouse click on “Submit”. You may be requested for verfication via email/phone ahead of a withdrawal.