Cardano sell trading graphic tutorial

To sell ADA coins to others, you need to create an exchange account, deposit ADA coins into the exchange, then sell ADA coins on the trading page, and finally receive payment. Specific steps include: creating an exchange account and verifying identity. Transfer ADA coins from wallet to exchange deposit address. Select the Cardano trading pair on the trading page, enter the selling quantity or price, and click Sell. Once the trade is completed, payment is collected from the exchange account.

Steps to trade ADA to others

Step 1: Create an exchange account

• Choose an exchange that supports Cardano trading, such as Binance or Huobi.
• Register an account and complete identity verification.

Step 2: Deposit ADA coins into the exchange

• Log in to the exchange account and find the "Assets" or "Wallet" section .
• Find the Cardano coin and click "Recharge".
• Copy the recharge address provided.
• Send ADA coins from the wallet where you hold ADA coins to this deposit address.

Step 3: Sell Cardano

• Navigate to the Exchange’s “Trade” page.
• Find the ADA trading pair, such as "ADA/USDT".
• Select the "Sell" option.
• Enter the amount of ADA you want to sell or select a price you want to sell at.
• Click the "Sell ADA" or similar button.

Step 4: Collect payment

• Once the transaction is completed, ADA coins will be deducted from your account and you will receive The corresponding payment (such as USDT) is received in the exchange account.
• You can withdraw payments to your bank account or other external wallet.

Tip:

• When creating an exchange account, use a strong password and enable two-factor authentication to protect your funds.
• Before selling Cardano, check the market price and choose the most profitable price.
• Exchanges may charge trading fees, so please be aware of these fees before trading.

A brief analysis of Cardano (ADA) based on current price

Cardano (ADA) is currently trading at $0.316 with 24-hour trading volume of close to $300 million. The price of ADA fell by approximately 5.75% in the past 24 hours.

Factors leading to price changes

The recent decline in ADA price may be attributed to the following factors:

• Cryptocurrency Market Overall Downturn: The entire cryptocurrency market has been facing bearish pressure over the past few days.
• Profit Taking: Some investors may choose to take profits after the recent rally.
• Regulatory Concerns: Ongoing uncertainty regarding cryptocurrency regulation could also dampen investor sentiment.

Future Price Movement

ADA’s future price movement is difficult to predict, but some analysts believe that if the cryptocurrency market recovers as a whole, the currency may rebound in the short term. However, if uncertainty persists, prices may continue to fluctuate.

It is recommended that

Investors should carefully consider their personal risk tolerance and financial situation before making any investment decision. Given the volatility of ADA, it is recommended to invest only the amount you are willing to lose.

Short-term trend forecast

In the short term, the price of ADA may fluctuate between $0.25 and $0.40.

Indicators

• Current Price: $0.316
• 24 Hour Volume: $286 Million
• Float: 359,606,430,444.11 ADA
• Maximum supply: 450,000,000,000 ADA
• Market value: US$11.385 billion

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