How to Buy Cardano (ADA) in 4 Easy Steps

Price updated 3 mins ago

Quick Answer:

You can buy Cardano and have it in your wallet in less than one hour in 4 simple steps:

  1. Find the best exchange that sells Cardano.
  2. Register a new account.
  3. Fund your account.
  4. Buy Cardano.
ADA
$0.46392273013412

These steps are simple if you know where to buy Cardano cryptocurrency -- but knowing where to buy is the hard part.

Many cryptocurrencies are only offered on less well-known exchanges, and finding the best place to buy Cardano (ADA) and then figuring out if that exchange is trustworthy is more than most people - even experienced crypto traders - can handle!

We've done all the hard research for you. Let's get started.

Step 1Find the Best Cardano Exchange

Ultimately, doing your own research in crypto is the best way to learn the processes of moving your money, finding promising investment opportunities, and buying and selling cryptocurrencies.

We have done years of work to make this as simple as possible for you.

Why You Should Trust Our Recommendations

346

We started with 346 crypto exchanges.

We start by evaluating our comprehensive list of 346 exchanges that we have spent 7+ years and 600+ hours gathering data on.

113

Only

113

of these exchanges sell Cardano.

We then filter down the entire set of possible marketplaces to only the ones that have active ADA markets.

45

Only

45

of these exchanges have $100m in daily trade volume.

We then remove any exchanges that don't have adequate trading volume to make buys and sales of all sizes.

8

Only

8

remaining exchanges received a 7/10 Trust Score.

We give each exchange a trust review rating using history, longevity, proof of reserves, and reputation.

1

Apply our editorial review process to rank the remaining exchanges.

We manually review the remaining candidates to declare a winner.

The Winner is Coinbase Exchange

VISIT Coinbase Exchange Read Review
Reasons we ♥ Coinbase Exchange
Low fees
Educational incentives
Quick withdrawals
CRYPTOCURRENCIES: 254
FUNDING:
Bank Transfer (ACH)
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Debit Card
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Wire Transfer
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Paypal
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Apple Pay
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Google Pay
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SEPA
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EFTCAD
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Interac
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SGD Transfers
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3D Secure Card UK
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Easy Bank Transfer UK
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Faster Payments UK
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Instant Card Cashouts UK
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PayPal UK
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Step 2Register Your New Account

  1. Prepare Personal Information: Collect your personal details, including your name, address, and documents for identity and address verification.
  2. Create an Account: Visit the Coinbase Pro website, click "Sign Up," and provide your name, email address, and country of residence. Then, create a secure password and, if desired, set up two-factor authentication with your phone number.
  3. Agree to Terms: Read and agree to the user agreement and privacy statement.
  4. Verify Identity: Complete a two-step identity verification process by uploading a government-issued ID (passport, driver's license, or national ID card) and taking a selfie to confirm the validity of the photo ID.
  5. Wait for Approval: Wait for Coinbase Pro to review and validate the documents, which can take up to 48 hours, followed by immediate account verification upon approval​​.

Step 3Fund Your Account

Once you have registered or logged in to your account at , there are several funding methods you can use to buy Cardano cryptocurrency.

You can buy Cardano on using:

Please select listing to show.

  • Bank Transfer (ACH) 3-5 business days processing time
  • Debit Card Instant processing time
  • Wire Transfer 1-3 business days processing time
  • Paypal Instant processing time
  • Apple Pay Instant processing time
  • Google Pay Instant processing time
  • SEPA 1-3 business days processing time
  • EFTCAD 3-4 business days processing time
  • Interac Instant processing time
  • SGD Transfers 2-3 business days, Same day for a fee processing time
  • 3D Secure Card UK Instant processing time
  • Easy Bank Transfer UK Less than 2 hours processing time
  • Faster Payments UK 1-3 business days processing time
  • Instant Card Cashouts UK Instant processing time
  • PayPal UK Instant processing time

Step 4Buy Cardano (ADA)

After registering and funding your account at , you should be able to buy Cardano after your deposit finishes processing. After you receive your ADA, make sure to secure it and follow best security practices to avoid losing it scams or hacks.

Best Cardano Exchanges

Cardano is also available on these exchanges:

coinbase pro
Coinbase Exchange


Frequently Asked Questions

Yes, Cardano is safe to buy. It is listed for trade on some of our top-rated exchanges including Zengo, Binance, Coinbase Exchange, Bybit, OKX, Kraken, KuCoin, Gate.io, BingX.

You can buy Cardano instantly at Zengo, Binance, Coinbase Exchange using their instant buy feature or a credit card.

Yes you can buy less than one (1) ADA. Cryptocurrencies in general are divisible to 16 decimal places.

To buy Cardano, you will need to deposit funds into your exchange account - which usually has no fees - and then buy ADA, which will incur a trading or purchase fee; usually 0.1-3% depending on the exchange.

You can buy $1 of Cardano at Zengo, Binance, Coinbase Exchange.

Cardano Investment & Buying Guide

Diving into the world of cryptocurrencies, you’ve likely heard of Bitcoin and Ethereum, but Cardano might just be the dark horse waiting to gallop into the spotlight. It’s not just another digital currency; it’s a groundbreaking platform that’s been making waves since its inception in 2017.

With its unique two-layer architecture and a strong focus on security and sustainability, Cardano sets itself apart. It’s the brainchild of Ethereum co-founder Charles Hoskinson, who envisioned a more scalable and interoperable blockchain. If you’re keen on the cutting edge of crypto, Cardano’s research-driven approach is one to watch.

What is Cardano Cryptocurrency?

How Does Cardano Compare to Other Cryptocurrencies?

Cardano stands out due to its unique two-layer architecture: the Cardano Settlement Layer (CSL) for transactions and the Cardano Computational Layer (CCL) for smart contracts. This separation allows for more flexibility and easier maintenance compared to single-layer systems. While Bitcoin introduced blockchain and Ethereum brought in smart contracts, Cardano takes this further with its commitment to peer-reviewed research and evidence-based methods. Its main competitor, Ethereum, is often criticized for high gas fees and scalability issues; Cardano aims to solve these with its Ouroboros proof-of-stake algorithm.

Cardano’s emphasis on sustainability makes it an environmentally-friendly cryptocurrency. It uses significantly less energy than cryptocurrencies like Bitcoin, which rely on the energy-consuming proof-of-work protocol. In the world of cryptocurrencies, where volatility is the norm, Cardano offers a unique proposition through formal verification, a process that mathematically proves the correctness of its protocols. This approach positions Cardano as a reliable and secure investment in the eyes of many crypto enthusiasts.

As the crypto sphere evolves, interoperability becomes increasingly important. Cardano is designed to enable cross-chain transfers seamlessly, allowing for easier communication between different cryptocurrencies. Its native token, ADA, has experienced substantial growth, reflecting the market’s confidence in Cardano’s potential. With its strong focus on research and community governance, Cardano is poised to be a key player in the next wave of blockchain innovation.

Cardano History & Growth

Cardano burst onto the crypto scene in 2017, created by Ethereum co-founder Charles Hoskinson. Its birth was marked by a focus on scientific philosophy and peer-reviewed academic research, distinguishing it from its contemporaries. Cardano’s initial coin offering (ICO) raised $62 million, laying the groundwork for its future advancements.

The project quickly gained traction in the crypto community due to its promise of enhanced security and sustainability. It’s geared towards a more balanced and sustainable ecosystem that can handle large-scale applications. In January 2018, Cardano’s ADA token reached its all-time high market price, reflecting investor confidence.

Since then, the platform has consistently rolled out updates, with Ouroboros, the first provably secure proof-of-stake protocol, at its core. These updates aim to further bolster network stability and scalability. Notably, the September 2021 Alonzo hard fork introduced smart contract capabilities, igniting a surge in decentralized application (DApp) development on the platform.

In terms of market capitalization, Cardano has ranked among the top cryptocurrencies. Its growth can be attributed to both technological advancements and a growing community of users and developers. The platform continues to expand its global footprint, bolstering its claim as a sustainable and efficient blockchain solution.

  • 2017: Cardano’s launch year.
  • January 2018: ADA reached its peak market price.
  • September 2021: Implementation of the Alonzo hard fork.
Year Event Significance
2017 Launch Cardano’s introduction to the market.
2018 Market Peak ADA’s all-time high, showcasing investor trust.
2021 Alonzo Hard Fork Intro of smart contracts, driving DApp growth.

Investment in education and community outreach is a pillar of Cardano’s ongoing strategy. The platform’s advancements are often accompanied by educational content aimed at increasing awareness and understanding of its technology.

Buying Cardano with Different Payment Methods

Buying Cardano with a Credit Card

You can purchase Cardano (ADA) using a credit card on crypto exchanges like Coinbase or Binance. Instant transactions make it a popular choice, though additional fees may apply.

Buying Cardano with a Debit Card

Debit cards offer a more direct link to your bank account for buying ADA. Platforms such as Kraken support this payment method, providing real-time price access with often lower fees compared to credit cards.

Buying Cardano with Apple Pay

Apple Pay is increasingly accepted for crypto purchases, offering a fast and secure way to buy Cardano. Use this option through apps like Crypto.com, where transactions are simplified and protected by biometric confirmations.

Buying Cardano with PayPal

PayPal’s foray into cryptocurrencies means you’re now able to buy Cardano directly on the PayPal platform. Remember that while convenient, this method may come with higher transaction costs.

Buying Cardano with a Bank Transfer

A bank transfer to acquire ADA is generally the most cost-effective option and suited for larger purchases. Exchanges like eToro favor bank transfers for their low fees, but the transaction speed varies by bank.

Keeping Your Cardano Safe

Ensuring the safety of your Cardano (ADA) holdings is as important as choosing the right method to buy them. With the cryptocurrency landscape often targeted by malicious entities, adopting secure storage solutions is crucial for protecting your investment.

Software Wallets

Software wallets provide convenient access to your Cardano holdings directly from your computer or mobile device. Daedalus and Yoroi are popular choices; they are developed by Cardano’s parent company, ensuring seamless integration and updates. While they offer quick transactions, you’re more exposed to online threats, thus requiring robust cybersecurity measures such as using strong passwords and enabling two-factor authentication.

Hardware Wallets

For enhanced security, consider investing in a hardware wallet. These physical devices store your private keys offline, greatly reducing the risk of online hacking attempts. Leaders in this space, Ledger and Trezor, support Cardano and are renowned for their robust safety features. Remember, even though hardware wallets are less convenient for frequent trading, they’re the gold standard for long-term storage.

Selling & Withdrawing Cardano

When you’re ready to sell your Cardano, cryptocurrency exchanges are your go-to platforms. Most exchanges that allowed you to buy ADA will also provide a selling feature. Before selling, you’ll need to ensure your ADA is transferred back from your wallet to the exchange. This process might vary slightly among different platforms but generally requires just a few steps.

Timing can be crucial when you decide to sell. Keeping an eye on market trends will help you recognize the best times to convert ADA to fiat or other cryptocurrencies. Once you’ve sold your ADA, the balance will appear in your exchange account, often in the form of the fiat currency of your choice or another crypto.

Withdrawing your funds from the exchange is as straightforward as selling. You’ll simply link your bank account or choose another withdrawal method offered by the platform. Withdrawal fees and times vary depending on the exchange and the method selected, so it’s vital to review these details beforehand.

Remember, withdrawing to your bank account can sometimes take a few business days to process. Additionally, always ensure your bank accepts transactions from cryptocurrency exchanges. Some restrict or monitor such transfers, and you might need to comply with their verification procedures.

Is Cardano a Good Investment?

When considering Cardano (ADA) as an investment, it’s vital to consider its potential for growth. Cardano is often hailed for its strong focus on sustainability and scalability, aiming to position itself as an eco-friendly blockchain platform. Host to a robust peer-reviewed research strategy, Cardano’s development process is methodically paced for enhancing its blockchain protocols. Cardano’s Ouroboros proof-of-stake algorithm is a cornerstone in this, reducing energy consumption significantly compared to proof-of-work systems like Bitcoin.

Pioneering in the realm of smart contracts, Cardano launched its Alonzo upgrade, which introduced the ability to build decentralized applications (dApps) on its network. This has the potential to tap into the growing dApp market. Moreover, Cardano’s ADA token experienced significant price increases during 2021, showcasing its ability to capture investor interest.

However, investing in cryptocurrencies, including ADA, carries risks; the market is highly volatile. It’s essential to do your due diligence by researching market trends and analyzing Cardano’s technical developments and partnerships. Market capitalization and liquidity levels are also key indicators of how well-positioned ADA is in the competitive crypto market.

In addition to market analysis, understanding network upgrades and community engagement can provide insights into Cardano’s future. Cardano’s roadmap and its potential for actual real-world application can affect its position as a long-term investment. Remember to keep tabs on regulatory changes that might impact the cryptocurrency sector as a whole.

Cardano Price Predictions

When exploring Cardano price predictions, it’s vital to remember that cryptocurrency markets are highly speculative. Various analysts use historical trends and current market analysis to forecast price movements. Popular platforms like CoinPriceForecast and WalletInvestor provide algorithm-based projections, anticipating ADA could experience substantial growth in the next few years.

Experts often base their predictions on factors such as technology upgrades, market sentiment, and adoption rates. According to CoinPriceForecast, ADA could potentially reach a value of $3.62 by the end of 2025. This would mark a significant increase from its current standing, hinting at an optimistic future for investors.

On the other hand, more conservative estimates suggest a modest growth, with WalletInvestor predicting an average price of $1.76 by the year 2025. These predictions underscore the divergent opinions on the future value of ADA and the importance of market trends and technological advancements.

Analysts also highlight the potential impact of regulatory changes on Cardano’s price. Any new regulation in major economies could either positively affect ADA’s price by providing clarity and trust or lead to swift downturns if restrictions are placed on the usage of cryptocurrencies.

Remember that Cardano’s strong community support and growing partnerships may also play a crucial role in its price trajectory. This could result in increased demand and higher prices, provided the network maintains its momentum and continues to address scalability and sustainability.

Price forecasts are continually updated, reflecting the latest data and market changes. Keep an eye on current events and updates from Cardano to make informed decisions on your investments.

Additional Info

You’ve explored the ins and outs of Cardano from buying methods to secure storage options. You’re now aware of the critical factors that shape ADA’s price predictions and understand the pivotal role of community and partnerships. Remember, staying updated with Cardano’s developments is crucial for your investment strategy. Keep an eye on the horizon as this dynamic cryptocurrency continues to evolve and potentially reshape the digital asset landscape. Your informed decisions today could be the key to your financial success tomorrow. Stay vigilant, stay informed, and most importantly, stay ahead in the crypto game.

Cardano (ADA)
Price
$0.46392273013412
24h Change
0.5
7d Change
-4.2