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How to Buy Cardano (ADA)

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

Step 1 – Signup to CEX.io

In the beginning you'll need to buy units of the top-tier coins. Exchanges normally accept either Bitcoin or Ethereum in exchange for Altcoins. Follow the Link below to register and to get your Bitcoin or Ethereum.

Binance Signup
Step 2 – Send Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Trader

Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is identical. Cardano (ADA) is available on Binance, so we will use that as an illustration. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow these easy steps)

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

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so on. If you are using a decentralized exchange, like Airswap or DDEX could be different (Follow our manual).

Step 3 – Find Cardano (ADA)

Once your deposit has been confirmed, you will now have access to your funds and you can begin purchasing and trading. To buy Cardano (ADA) on Binance, you will want to go to the ”Exchange” tab and after that click on “Basic”.

In order 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. Be certain of having selected the proper pairing, we've highlighted this too. Click on “ADA/BTC” to go ahead.

{How to buy Coin on Binance 1|Binance How To Buy 1} Cardano (ADA)
Step 4 – Purchase Cardano (ADA)

Once you've found Cardano (ADA), you'll be given a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). Next we're going to make our own Limit Order.

The field with the “Price” tag will be automatically filled with the most recent price Cardano (ADA) was traded for. You can change this to your desired price. The field with the “Amount” tag is the quantity of ADA you want to buy. The ”Total” field is the total price in Bitcoin that you'll pay for the whole quantity of ADA.

When you are happy, make a mouse click on “Buy ADA”. Your plan will be filled when a Vender sells their ADA for the price you gave.

Step 5 – Withdraw Cardano (ADA)

Unless you are regularly trading, you should never keepyour coins on an Crypto Exchange for an extended time period. In order to take off your Cardano (ADA), go to the tab called “Funds” and click on “Withdraw”. Cardano (ADA) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find Cardano (ADA) by using the provided drop-down box. Enter the amount of Cardano (ADA) you would like 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 on “Submit”. You may be asked for phone/email verification before a withdrawal.

Congrats! You've successfully bought and safed Cardano (ADA).

That's it!

Take offs from Exchange can durate between 1 – 30 minutes (rely on network usage). Once you've confirmed your withdrawal with Ethplorer.io or Etherscan.io and the Cardano (ADA) is safe within your wallet, you're all done.
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