# Southamerica investment

**URL:** <https://forum.cardano.org/t/southamerica-investment/5924>\
**Category:** General Discussions\
**Created:** [12 January 2018 17:44 UTC](https://forum.cardano.org/t/southamerica-investment/5924 "2018-01-12T17:44:47Z")\
**Posts on this page:** 1\
**Showing post:** 2

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**Author:** ![CosmosX](https://sea1.discourse-cdn.com/flex023/user_avatar/forum.cardano.org/cosmosx/32/2318_2.png) [@CosmosX](https://forum.cardano.org/u/CosmosX)\
**Post date:** [12 January 2018 18:05 UTC](https://forum.cardano.org/t/southamerica-investment/5924/2 "2018-01-12T18:05:57Z")

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Hi Alejo! @pedbel

Sure, in order to buy ADA you have 2 pre-requisites: buying either Bitcoin or Ethereum first, because you can’t buy ADA straight with fiat (your money) yet. I would recommend Ethereum as it’s faster and cheaper transaction fee than Bitcoin.

Try the Bitpanda route via Credit Card (fee is 5%) to buy ETH after registering with them.  
Alternatively, you can try the Lykke Wallet app on your phone, they **don’t take any fee** for Credit Card purchases. That’s rather cool. You can transfer any of the coins on Lykke to other wallets or exchanges.

**The only thing to be careful about on Lykke: don’t send ETH directly from your trading wallet as this is a smart contract transfer (which some exchanges don’t support). Instead transfer them to the private wallet in Lykke app first, then from there to the exchange.**

You should also sign up on Binance (cheapest fee of all exchanges 0.1% per trade)

Here is a cool link on how to register on Binance

> **[The Ultimate Beginner’s Guide to Binance Exchange: Buy/Sell Cryptocurrency](https://medium.com/wespostdotcom/the-ultimate-beginners-guide-to-binance-exchange-buy-sell-cryptocurrency-fadb91d1fb09)**
>
> So you’ve decided to step into the world of cryptocurrency. You’ve bought your first Bitcoin (BTC), Ethereum (ETH) or Litecoin (LTC) on…

You should also read some friendly instructions I posted at the end of this comment [Which is the better exchange platform?](https://forum.cardano.org/t/which-is-the-better-exchange-platform/2196/2)

Feel free to ask questions to the community! Good luck!

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