Welcome to Cardano and APEX!

Cardano is a decentralized public blockchain and cryptocurrency project that is focused on providing a more secure and scalable platform for the development of decentralized applications (dApps). APEX is a token that is built on the Cardano blockchain and is designed to provide a diversified exposure to the top tokens on the Cardano network.

Now that you know a bit about Cardano and APEX, you’re probably wondering how to get started with using ADA and exploring the Cardano ecosystem. Fortunately, it’s easier than ever to join the Cardano community and start using ADA to buy, sell, and trade tokens. Below, we’ll walk you through the step-by-step process of getting started with ADA, from setting up a wallet to buying your first tokens. Whether you’re a seasoned cryptocurrency user or just starting out, this guide will help you get up and running with Cardano in no time.

Step 1: Buying Cardano (ADA)

To get started with APEX and other Cardano Native Tokens (CNTs), you’ll need to buy some Cardano (ADA) first. Here’s how:

1. Go to a reputable cryptocurrency exchange such as Coinbase, Crypto.com, or Kraken.
2. Create an account and deposit some fiat currency (such as USD or EUR).
3. Use the fiat currency to buy ADA next set up a Cardano wallet to withdraw your ADA from the exchange.

Step 2: Setting up a Cardano Wallet

To store and manage your ADA and APEX tokens, you’ll need a wallet that supports the Cardano blockchain. Here’s how to set one up:

1. Go to the one of the wallet website linked above and download the wallet software or desktop extension.
2. Follow the instructions for the wallet you selected and create a new wallet then set up a password.
3. Make sure to save your recovery phrase in a safe place, as this will be needed to restore your wallet if you lose access to it.

Important: Save Your Recovery Phrase Securely

When you create a new wallet, you’ll be given a recovery phrase (also known as a seed phrase) that can be used to restore your wallet if you lose access to it. This phrase is the key to recovering your wallet and accessing your funds, so it’s essential to save it securely.

Never Share Your Recovery Phrase with Anyone

Your recovery phrase is sensitive information that should never be shared with anyone else. This includes friends, family members, and even support teams. Sharing your recovery phrase with someone else can give them access to your wallet and your funds, so it’s crucial to keep it confidential.

Write It Down and Store It Safely

Instead of saving your recovery phrase on a computer or mobile device, write it down on a piece of paper and store it in a safe place. This could be a fireproof safe, a security deposit box at a bank, or a secure location in your home. Make sure to choose a location that is difficult to access and not easily discoverable by others.

Why Not to Save It on a Computer

Saving your recovery phrase on a computer or mobile device can be a security risk. If your device is hacked or compromised, an attacker could gain access to your recovery phrase and use it to steal your funds. Additionally, if you lose access to your device or it is damaged, you may not be able to recover your wallet.

Step 3: Buying Cardano Native Tokens with your ADA

Now that you have ADA in your wallet, you can use it to buy other Cardano Native Tokens (CNTs) on the Cardano blockchain. Here’s how:

1. Go to a decentralized exchange (DEX) that works with Cardano such as MinSwap.
2. Connect your wallet to the DEX platform using the “Connect Wallet” button.
3. Search for the CNT you want to buy, such as a $APEX, one of blue chip tokens or any other CNT you’d like to buy.
4. Enter the amount of ADA you want to spend and confirm the transaction within wallet when it asks for your password.
5. The CNTs will be transferred to your wallet, and you can view them in your wallet’s balance section.

Practicing with Minimal Risk: Introducing $QUARKS

If you’d like to practice buying or moving CNTs with minimal risk, you can use the official APEX meme coin called QUARKS. QUARKS is a low-value token that can be used to test the waters and get familiar with the process of buying and selling CNTs without risking a lot of ADA. You can buy QUARKS on the same DEX platforms mentioned above, and use them to practice moving assets around on the Cardano blockchain. This is a great way to get started with CNTs and build your confidence before investing in more valuable tokens.

By using QUARKS, you can try out different scenarios, such as sending and receiving tokens, without worrying about losing a lot of value. And who knows, you might even have some fun along the way!