How to Buy Cardano (ADA)

Step 1 – Join Kraken

You'll first need to buy units of the major coins. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Click the button below for registration and getting Bitcoin (BTC) or Ethereum (ETH).

Step 2 – Transmit Your Bitcoin or Ethereum to an Crypto Exchange

Your Bitcoin or Ethereum will need to be sent over to an Cryptocurrency 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 sample. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this how-to)

Make sure you have selected the exact coin you want to deposit.

BTC must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, and so forth. In the case you are working with a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our how-to).

Step 3 – Find Cardano (ADA)

Once your deposit has been affirmed, you'll immediately have access to your finances and you can initiate buying and trading. To invest in Cardano (ADA) on Binance, you'll want to hover over the ”Exchange” tab and after that mouse click on “Basic”.

To find 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 right pairing, we've marked this also. Click on “ADA/BTC” to go ahead.

Step 4 – Buy Cardano (ADA)

As soon as you have located Cardano (ADA), you'll be given a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the image). For now we're going to make our own Limit Order.

The ”Price” field will be filled with the most latest 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 like to purchase. The ”Total” field is the aggregated price in Bitcoin that you will settle for the whole amount of ADA.

If you are satisfied, click on “Buy ADA”. Your order will be filled when a Vender sells their ADA for the price you offered.

Step 5 – Withdraw Cardano (ADA)

Unless you're regularly trading, you should never keepyour coins on an Cryptocurrency Exchange for an extensive period of time. In order to take off your Cardano (ADA), go to the tab called “Funds” and mouse click on “Withdraw”. Cardano (ADA) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find Cardano (ADA) by using the provided drop-down box. Put into the volumen of Cardano (ADA) you would like to take off. Don't forget the demonstrated minimus/fees. Also make sure you have filled your precise withdraw address.

When you're glad, make a mouse click on “Submit”. You may be requested for verfication via phone/email before a withdrawal.