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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 {Ethereum (ETH) or Bitcoin (BTC)} to an {Exchange}

Your {ETH (Ethereum) or BTC (Bitcoin)} {has} to be sent over to an {Crypto Exchange} now. {Every exchange has} a deposit form that is {identical}. Cardano (ADA) is {accessible} on Binance, so {we will} use that as an {illustration}. {Not sure} on how to send {Coinbase funds} to an {Cryptocurrency Exchange}? ({Follow} {this guide})

Make sure {you have} {chosen} the {correct} coin you {wish} to deposit.

{BTC} must be sent to a {Bitcoin} deposit address, {Ethereum} to an {Ethereum} deposit address, {etcetera}. {In the case} {you're} {dealing with} a decentralized exchange, {such as} Airswap or DDEX could be {different} ({Just follow} {our guide}).

Step 3 – {Locate} Cardano (ADA)

{Once} your deposit has been {verified}, {you will} {now} have access to your {assets} and you can {launch} {purchasing} and trading. To {purchase} Cardano (ADA) on Binance, {you'll} want to {go to} the {”Exchange” tab} and{} {click} on “Basic”.

{In order to} {discover} Cardano (ADA), {you'll} need to {insert} the {short name of the asset} (ADA) into the {search box}, which is {highlighted} in the {image}. {Make sure you have} {selected} the {proper} {grouping}, {we have} {marked} this {also}. Click on “ADA/BTC” to {advance}.

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

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

The {”Price” field} will be {filled} with the{ most} {up-to-date} {rate} Cardano (ADA) was {sold} for. {You can change this} to your {desired} {rate}. The {field with the “Amount” tag} is the {amount} of ADA you {want} to {purchase}. The {”Total” field} is the {total} price in {Bitcoin} that {you'll} {settle} for the {whole} {amount} of ADA.

{When} {you're} {glad}, {click} on “Buy ADA”. Your {plan} will be filled {as soon as} a {Vendor} {sells} their ADA for the price you {gave}.

Step 5 – Withdraw Cardano (ADA)

Unless {you're}{} trading, {never keep your} {crypto} on an {Cryptocurrency Exchange} for an {extended} {period of time}. {In order to} {withdraw} your Cardano (ADA), {go to} the {tab called “Funds”} and {click} on “Withdraw”. Cardano (ADA) can be {securely stored} using a Wallet, {for instance} MyEtherWallet. (MyEtherWallet Setup Guide)

{Find} Cardano (ADA) by using the {provided} drop-down box. {Enter} the {volumen} of Cardano (ADA) {you'd} {wish} to {withdraw}. {Don't forget} the {shown} {minimus/fees}. Also make sure you have {filled} your {correct} withdraw address.

{If} {you are} {happy}, {click} “Submit”. You {could} be {asked} for {verfication via email/phone} {ahead of} a {withdrawal}.

{Congrats}! {You've} successfully {purchased} and {safed} Cardano (ADA).

That's it!

{Take offs} from {Crypto Trader} can {take} {anywhere from} 1 – 30 minutes ({depending} on {usage of the network}). {As soon as} {you have} {proved} your {withdrawal} {using} {Ethplorer.io or Etherscan.io} and the Cardano (ADA) is {stored} {within} your wallet, {you're} {finished}.

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