After getting familiar with the major cryptocurrencies most people aren’t interested in other altcoins — for these investors, they are mostly the same. But for those who support Cardano (ADA), there are plenty of good reasons to separate this crypto (which is ranked seventh by market cap by the way) from the others. Some people think that the ADA ecosystem is too complicated and decide not to go up there, finding easier solutions. However, Cardano has all chances to compete with such giants of the crypto market as bitcoin and maybe even to outshine them one day.

Buy Cardano with Bitcoin
Source: ElevenNews

There are several reasons to call Cardano a unique digital currency. Its developers call it a third generation blockchain, which means that it tries to deal with the problems of its precursors. What really matters is the fact that Cardano isn’t fully implemented today. the project is still on the development stage. ADA advocates watch for updates on the official website and wait for full deployment of the network. They tend to believe that when it happens the token will be able to beat some of the leading cryptos.

We made a decision to draw up a manual on how to buy ada with bitcoin. Our choice fell on Quickex instant swapping platform, which is our favourite. It is distinguished by its user-friendliness, security and really fast swaps versus similar services. There are just 5 (or even 4) simple steps clients need to follow to complete a transaction, namely:

  1. This step is optional — you can sign up if you want to. You will have to provide your e-mail address to register on the website.
  2. To see the list of cryptocurrencies supported by the platform scroll the page down. Find the headline “Popular exchanges” and click on the “BTC to ADA” button.
  3. Now you are on the exchange page. Find the space for amount input in the box. Write down how much of bitcoin trader you want to swap and hit the button “Exchange”.
  4. Pay attention to the order details. Check carefully that all the information, including the quantity of coins is accurate and all the conditions are suitable for you. Write down in the text boxes your wallet addresses (ADA and BTC) and send your funds to the Quickex wallet.
  5. At this stage, the actual exchange process begins. It consists of three steps, which are:
  • The platform starts to swap BTC for ADA after it receives blockchain confirmation.
  • The exchange. On Quickex It usually takes about 10-15 minutes, but in some cases it can last from 5 to 30 minutes.
  • Now the platform sends money to your ADA wallet. Check it when the transaction is completed.

Congrats, you made an exchange! Now you are fully aware of how to buy cardano with btc. The process is simple and identical to swapping of other tokens on Quickex. You shouldn’t  be scared if you don’t see the money in your wallet promptly. There are situations when an additional confirmation can be required before you see your coins. You just have to be patient and wait for a moment and the money you received will soon be shown.

Note: Dealing with cryptocurrency is risky and it is highly volatile. It’s a sponsored post


You May Also Like : Is Investment in Bitcoin Worth The Cost or Involves Risk?