Cryptocurrency investors that are searching for projects with significant long-term potential frequently choose Cardano (ADA). In fact, according to market value, it is the fifth-largest cryptocurrency. Cardano uses less energy than market leaders Bitcoin and Ethereum, making it an eco-friendly cryptocurrency. Let us find out how to buy Cardano in 3 quick and easy steps.
How to buy Cardano in three easy steps?
Step 1: Choose a cryptocurrency exchange and create an account
Step 2: Add your payment method
Step 3: Make the trade
Step 1: Choose a cryptocurrency exchange and create an account
Select a cryptocurrency exchange that best meets your needs to trade Cardano, then register after downloading it. To transact, you will need a valid ID, and you could also be asked for evidence of your address, so be prepared with both. Depending on where you live, verifying your ID might require more time than a few minutes.
Step 2: Add your payment method
Connect a payment method that suits you best to facilitate an easy transfer of funds. Every exchange site offers a variety of payment options, including wire transfers, debit cards, and bank accounts.
Step 3: Make the trade
After funding your account, all that is left to do is execute the deal. After purchasing the Cardano coins, you can store them in your suitable wallets like Software wallets, Binance, Hardware wallets, etc.
Also read: Cardano Pricing Prediction
Popular video guides on buying Cardano (ADA)
Where to buy Cardano (ADA)?
Also read: Cardano Prices Live
1. Kraken
Kraken provides flat purchase costs, which is a great advantage for traders that trade less frequently. It also offers simple funding choices through multiple payment methods, such as PayPal and debit cards. All of this makes Kraken a perfect option to buy Cardano coins.
Factsheet
| Header 1 | Header 1 |
|---|---|
| Operational Since | 2011 |
| Deposit Methods | Visa and Mastercard debit/credit card, Digital wallet purchases, ACH online banking |
| Deposit Fees | None |
| Cryptos Listed | Bitcoin, Ethereum, Cardano, Dogecoin, Litecoin, Polkadot, Polygon, Ripple |
| Trading Fees | up to 0.25% per trade |
| Fiat Currencies Supported | 150+ coins |
| Trustworthiness | Safe |
2. SoFi
To prevent crypto holdings from being stolen, SoFi Invest employs several security measures, such as two-factor authentication, and SSL encryption, working with reputable exchanges like Coinbase to complete transactions, and not disclosing member personal information to crypto trading partners and custodians. All these features make SoFi the best choice if you're looking to purchase ADA coins.
Factsheet
| Header 1 | Header 1 |
|---|---|
| Operational Since | 2011 |
| Deposit Methods | Debit/Credit cards, Bank transfer |
| Deposit Fees | Free |
| Cryptos Listed | Bitcoin, Ethereum, Dogecoin, Cardano, and 26 more coins |
| Trading Fees | None |
| Fiat Currencies Supported | Australian Dollar, Swiss Franc, Canadian Dollar, and many more |
| Trustworthiness | Safe |
3. eToro
eToro is one of our top recommendations for buying ADA coins and is great for social copy trading and cryptocurrency trading. Great for casual and novice investors, the eToro mobile app is fantastic for ease of use thanks to its user-friendly web platform.
Factsheet
| Header 1 | Header 1 |
|---|---|
| Operational Since | 2007 |
| Deposit Methods | eToro Money, Credit/Debit Cards, PAYPAL, NETELLER, RAPID TRANSFER, SKRILL |
| Deposit Fees | None |
| Cryptos Listed | 30+ |
| Trading Fees | 1% |
| Fiat Currencies Supported | Australian Dollar, Swiss Franc, Canadian Dollar, Czech Koruna, Danish Krone, Pound Sterling, etc.(17+) |
| Trustworthiness | Safe |
Frequently Asked Questions
Where can you buy Cardano with a credit or debit card?
You can buy Cardano coins from Binance, Coinbase, eToro, or any other Crypto exchange easily with your debit/credit card.
What will you need to buy Cardano?
To buy Cardano, you have to select a crypto exchange, create an account and fund it.
What is the easiest way to buy Cardano?
The easiest way to buy Cardano is to create an account on Coinbase or Binance and directly purchase ADA coins from there.
Best wallets to store your Cardano (ADA)
The best wallets to store your Cardano(ADA) coins are Ledger Nano or Trezor.
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