paint-brush
Where & How to buy Cardano (ADA) by@vamshi
15,412 reads
15,412 reads

Where & How to buy Cardano (ADA)

by Vamshi VangapallyDecember 15th, 2017
Read on Terminal Reader
Read this story w/o Javascript
tldt arrow

Too Long; Didn't Read

Cardano is home to the ADA cryptocurrency, which can be used to send and receive digital funds. This digital cash represents the future of money, making possible fast, direct transfers that are guaranteed to be secure through the use of cryptography.

Companies Mentioned

Mention Thumbnail
Mention Thumbnail

Coins Mentioned

Mention Thumbnail
Mention Thumbnail
featured image - Where & How to buy Cardano (ADA)
Vamshi Vangapally HackerNoon profile picture

Cardano is home to the ADA cryptocurrency, which can be used to send and receive digital funds. This digital cash represents the future of money, making possible fast, direct transfers that are guaranteed to be secure through the use of cryptography.

Cardano is more than just a cryptocurrency, however, it is a that will be capable of running financial applications currently used every day by individuals, organizations and governments all around the world.

Let’s get started

To begin with, we need to buy either Bitcoin or Ethereum to buy any cryptocurrency on exchanges. So follow the link below to buy Ethereum on and then follow the next steps to buy ADA on . If you already have Ethereum with you — you can skip this step and go on to registration


Follow this step by step guide to buy Ethereum_Ethereum, a revolutionary platform on which more than 70% of coins are built. We explain here how to buy Ethereum…_gzht888.com

ADA can be bought with Bitcoin too — just that it takes more time to transfer to another exchange, I am suggesting to go with Ethereum as it takes only few minutes.

Register on 

is a cryptocurrency exchange with relatively less transaction fees and been faring good so far without any issues and good support response. There are two options for trading platforms on : Basic and Advanced. I’ll be primarily covering the Basic trading option in this article, but you can check out the Advanced view below. There are not many differences between the two views with the exception of being able to do more detailed technical analysis in the Advanced view.

Deposit your Ethereum to Binance

Once you’ve registered on and logged in, you can see few menu items on top right corner. One of the is “Funds” which has a sub menu item named “Deposits Withdrawals”. This is the place where you can see all your coins(purchased on Binance and received from other addresses).

So in order to send Ethereum which we bought on or to , we need to have an Ethereum address — we can find this on this page.

Check out the following screenshots to learn how to deposit Ethereum to from

Copy the address and send your ether from / to this address.

Once you receive Ethereum on , Click on Basic submenu item under Exchange on top left corner.

Now we need to find ADA coin with Ethereum trading pair on list of currencies. Check out following screenshot and instructions beside to do this.

  • Select ETH box on top right corner. This means you are looking for coins which can be traded with Ethereum.
  • Write ADA in the search box above the coins list and it filters you as shown below. Now you can see ADA/ETH with price 0.00032068ETH. You are almost close to invest in ADA now. Just click on the ADA/ETH now.
  • Click on ADA, which brings up the daily chart with candlesticks and orders on left side as shown below.

Click on required green price on left side to populate your price for ADA in ETH (currently showing as 0.00032018 in above screen shot). Once you click, it changes to 0.00031555. Now you need to select how much of your ETH you would like to invest in ADA. Click on 25|50|75|100% to populate the amount of ADA you can buy at that price.

You are free to choose the price from those green numbers- they are basically different offers by others — this is also called Limit purchase.

Since you are beginner, you can also click on Market tab beside Limit and select the ETH amount and click on Buy ADA — this basically buys at the market price.

Once it shows success, you can go to Funds -> Deposits & Withdrawals from the top right menu and search for ADA.

Congrats on purchasing ADA. Here are few more guides on helping you purchase other crypto-currencies


Where & How to buy IOTA?_With the skyrocketing of IOTA, big question for many people who were on Coinbase and could see only 3 options is Where…_gzht888.com



Missed Bitcoin? Here’s how to buy Litecoin_This is a step by step guide for understanding How to buy Litecoin or How to invest in Litecoin using Bank account or…_gzht888.com

If you like this article and continue getting updates — please and

While you learn to buy cryptocurrency, you also need to be responsible and pay taxes on cryptocurrency trading. Here’s an article which tries to reduce confusion and provide clarifications on taxes on gains from crypto trading.


How to file taxes on Cryptocurrency gains using BearTax_There’s a pressing need for crypto-traders to calculate their gains from Bitcoin across Coinbase, GDAX, Gemini…_gzht888.com

바카라사이트 바카라사이트 온라인바카라