Cardano blockchain has also posted attractive gains since its launch. Most analysts consider it the most promising smart contract platform and this forms one of the many reasons why you should consider buying and holding onto ADA tokens.
In this guide, we show you how to buy Cardano online. We’ll walk you through the steps of choosing a broker, understanding the potential risks and rewards, and completing your Cardano investment in the safest way possible.
In addition to this, will also tell you where to buy Cardano today and provide you with a step-by-step guide to buying ADA tokens. We will discuss the three top exchanges to buy Cardano in 2023 and tell you everything else you need to know about buying the top leading altcoin.
How To Buy Cardano – Quick Guide
Want to jump straight to buying Cardano tokens? To help you buy Cardano coins as quickly as possible, we broke the process down into a few easy steps:
- Step 1: Open an account with eToro – Head to eToro’s website and click join now to open a new account.
- Step 2: Verification – By uploading essential documents that show proof of identity and home address, you will get your account verified in a short time.
- Step 3: Deposit – Fund your new eToro account with a minimum of $10.
- Step 4: Search for Cardano on eToro – Search for ADA or Cardano in the eToro crypto market.
- Step 5: Buy ADA – Enter the amount of the worth of Cardano you want to purchase in United States Dollars (USD), then click Open Trade.
That’s it! By following these easy steps, you can buy Cardano in less than 5 minutes.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
New to crypto investing and looking for a more comprehensive guide on how to buy Cardano today? We will provide you with a detailed step-by-step guide teaching you how to create an account and start buying crypto on eToro further below.
Where To Buy Cardano (ADA) In 2023
Cardano is one of the most popular cryptocurrencies. It is also one of the most valuable and among the most traded crypto assets as evidenced by its long stay among the top 10 cryptocurrencies.
The popularity and buying force has ensured that most crypto trading platforms, from exchanges to P2P networks, list the 8th most valuable crypto. Therefore, there isn’t a shortage of crypto trading platforms that let you buy Cardano.
However, this where to buy Cardano section below will only discuss the best three places to buy and trade Cardano, the Ethereum-killer.
1. eToro - Overall Best Place to Buy Cardano (ADA) in 2023
eToro features on our list of the top exchanges to buy Cardano because of its user-friendliness, transparent fee structure, rich trading platform, and low trading minimums.
The platform also maintains a smooth and straightforward client onboarding process that takes no more than 10 minutes. To start trading, you only need to deposit at least $10 into your approved crypto trader account.
The deposit methods available to you are largely dependent on your country of residence. The most common, however, are credit cards, debit cards, PayPal, bank wire transfer, ACH, Trustly, Skrill, and Neteller. The exchange doesn’t charge a deposit processing fee. However, when you buy Cardano on eToro, you will pay a fixed transaction fee of 1% of the trading amount.
eToro also maintains some of the fastest order execution speeds. Its trading platform then integrates a wide range of crypto trading, analysis, and risk management tools. All these, plus the fact that the crypto exchange maintains moderate liquidity make it one of the best places to buy Cardano for expert traders - especially active traders.
The easily navigable trading platform, a large resource of educational content, low trading minimums, and competitive trading fees make it appealing to novice traders. These are then complemented by eToro’s innovative social and copy trading programs.
Social trading makes it possible for beginner traders to learn and get mentorship from the more experienced crypt traders on the platform. Copy-trading, on the other hand, lets beginner traders earn by copying Cardano trading strategies and crypto portfolios of the most successful traders on the platform.
Other factors that make eToro one of the top exchanges to buy Cardano include the fact that it provides traders with a free exchange-based custodial account. Every eToro platform user also gets access to a free and non-custodial crypto wallet app. Not forgetting that you can buy Cardano on eToro’s web trader or on the move on their eToro app.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
2. Crypto.com - Best Place to Buy Cardano for High Instant Deposits
Another good place to buy Cardano today is via crypto.com exchange. Crypto.com supports an equally large number of payment options including credit cards, debit cards, banks, and eWallets.
However, unlike the likes of eToro which maintain moderate transfer-in limits, this exchange lets you deposit a maximum of $50,000 instantly into your trading account - daily. This tops the many factors that help it feature on our list of top exchanges to buy Cardano today.
Others include the fact that the relatively new crypto exchange is liquid and supports an extensive range of crypto pairs. It also lists a modest range of Cardano trading pairs. But even more importantly, Crypto.com maintains a highly advanced trading platform and boasts of having some of the fastest order execution speeds. All these have played a key role in endearing it to active traders, especially day traders and scalpers.
Like virtually all other crypto trading platforms, Crypto.com has oversimplified the client onboarding process. The account creation and identity verification processes on the platform are, therefore, quick and straightforward. Additionally, you only need to deposit at least $20 on Crypto.com to start buying Cardano on the platform.
We also include Crypto.com in our list of best places to buy Cardano because of its competitive crypto trading fees. When you buy ADA on the platform, for instance, you will only pay a fee of discounted fee of between 0.4% and 0.1% - based on your 30-day trading volumes. And if you have staked a minimum of 5000 CRO tokens on its staking program, you qualify for a 10% discount on fees.
Other factors that make Crypto.com top places to buy Cardano include its crypto staking platform. This pays interests of up to 14.5% when you stake Cardano. There also is the Crypto.com lending program that lets you borrow as much as 50% of your staked Cardano tokens. Not forgetting that it too is a multi-platform exchange and that it provides traders with a free crypto wallet.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
3. Binance - Best Place to Buy Cardano for Low Fees
Next to our list of the best places to buy Cardano is Binance. This platform is the world’s largest and most liquid crypto trading platform. It is also easily accessible as it maintains an active presence in all the crypto-friendly jurisdictions across the world.
Further, Binance supports one of the widest range of altcoins and tokens. In addition to these, Binance makes it to our list of top exchanges to buy Cardano because of its competitive and transparent fees.
To buy Cardano on Binance, for instance, you pay a fixed maker/taker fee of between 0.1% and 0.04% - based on your 30-day trading volumes on the exchange. And if you choose to pay the fee with BNB coins, you qualify for a 25% discount on the fees.
Binance also makes it to our list of best places to buy Cardano because it maintains one of the most innovative trading platforms. It integrates a host of highly advanced trading, analysis, and risk management tools. Plus it hosts a growing range of Cardano trading pairs.
These plus the deep liquidity and fast transaction processing speeds endear Binance to expert traders. On the other hand, the fact the platform is easily navigable, maintains low trading minimums, and has a straightforward onboarding process makes it appealing to newbie crypto investors.
Other factors that make Binance a good place to buy Cardano include its Binance earn, Binance savings, and Binance staking programs. These help long-term Cardano investors double their income by letting them earn passive interests and rewards when they lock ADA tokens here.
Additionally, Binance provides its platform users with a free exchange-based wallet as well as a free non-custodial wallet app - the Trust wallet. It even runs the largest crypto-insurance scheme for its investors.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
What Is Cardano (ADA)?
Cardano is a smart contract blockchain network created by Charles Hoskinson - one of Ethereum's co-founders and launched. It embraces the proof of stake consensus mechanism and is one of the most popular “Ethereum Killers.” Like the rest, Cardano was intended to solve the high gas fees and low transaction speeds challenges facing the Ethereum mainnet - and possibly replace ETH as the dominant smart contract network.
It hopes to achieve this by coming up with a faster, more secure, and more affordable blockchain. At the time of writing, the Cardano network can process up to 200 transactions per second while transaction fees have consistently remained below $1. These make Cardano more efficient than Ethereum which processes 15 transactions per second and whose gas fees rally as high as $200.
Its competitors like Solana and Avalanche are considerably faster and cheaper. But Cardano beats them hands down when it comes to network security. The fact that both the entire network has been peer-reviewed eliminates the possibility of attacks and downtimes that have plagued Solana over the past few months. It may especially be attributed to increased investor interest in Cardano, which has helped it maintain its position among the top 10 crypto assets.
Though this, and its explosive market cap of $17 Billion, could also be attributed to its large maximum token supply of 45 billion ADA tokens.
ADA is the native token for the fast-growing Cardano blockchain.
How To Choose A Crypto Exchange To Buy Cardano
As you can see from above, it’s advisable to buy Cardano via a regulated online broker - no matter what your experience level.
You can still buy Cardano on a direct basis if purchasing the digital currency via eToro. Not only that, but the platform is heavily regulated. We elaborate more on the importance of regulation later.
You may choose to go to a third-party crypto exchange to buy Cardano. However, the problem is that more often than not, these exchanges do not have to operate in accordance with any authority. In other words, they do not hold a regulatory license.
eToro has the approval of many respected organizations and is licensed in multiple jurisdictions. For example, it is registered with independent regulatory authority FINRA in the United States. The broker is also regulated by the FCA of the UK, CySEC of Cyprus, and ASIC of Australia.
Such regulatory authorities were created to ensure a safe financial arena for the general public. Imposing strict rules and requirements on brokers, therefore, gives cryptocurrency investors peace of mind and a fair service
Ergo, at eToro, you can buy Cardano as and when you wish - in a safe and easy to use space.
Regulation
As you can see, regulation should be on your list of priorities when looking to buy Cardano. Moreover, regulation is the first obvious sign that you are dealing with a legitimate company and that you have some level of protection against crooks.
To recap - third-party crypto exchanges often don’t offer any protection at all. There are frequent stories of hackers wiping the contents of such an exchange in one fell swoop.
Another option for you is to buy Cardano and store the digital coins yourself in a personal crypto wallet. This entails you being wholly responsible for looking after your own long private key, as well as protecting yourself against scammers.
If your private key gets into the hands of hackers and all of your crypto-assets are stolen - there is not much you can do about it.
Beginner-friendly broker eToro will store Cardano so that you don’t have to, with no fee at all. It is much safer to store your digital currencies at a regulated platform such as this, rather than in an unregulated wallet.
Payment Methods
When debating how to buy Cardano, payment methods will no doubt enter your mind. The truth is that in this day and age you shouldn’t have any problem buying cryptocurrencies using your favoured payment type.
Had you wanted to buy Cardano in the past you would have probably had to do so using a wire transfer. Even today, this is one of the slowest ways to pay for crypto-assets or any asset for that matter.
Online broker eToro is compatible with a plethora of payment types such as Visa, Visa Electron, Mastercard, and Maestro. The platform also accepts super-convenient e-wallets like Rapid Transfer, Neteller, Klarna, Skrill, and PayPal.
Fees and Commissions
When you are looking at how to buy Cardano online, another factor to have your eyes open to is fees and commissions.
Online brokers, like all businesses, need to make a profit in order to offer a good service - or in this case access to the cryptocurrency markets.
Our How to Buy Cardano Guide found that a large number of brokers charge a commission for every trade and the amount can vary. The fee charged will usually be a variable percentage against your position size.
To clear the mist:
- Online crypto provider Coinbase imposes a fee of 1.49% for every single trade
- If you enter a Cardano position at $1,000 you will pay $14.90
- As such, if you enter at $2,000, you will pay Coinbase $29.80 - and so on
To further explain, take a look at an example of how this 1.49% fee could affect your gains when electing to buy Cardano:
- You create a buy order worth $1,500 on Cardano
- You pay Coinbase 1.49%, which equates to $22.35
- When you want to offload your digital currencies your ADA coins are valued at $2,000
- Again, you pay Coinbase 1.49%, which is $29.80
- In total, you paid the platform $52.15 in commission, for entering and exiting the market
As is evident from our above example, seemingly small variable fees can soon eat away at potential gains. If you had opted to buy Cardano at eToro, you would have saved $52.15 in fees. This is because the broker is completely commission-free!
Some online brokers also charge clients to deposit and withdraw. These fees vary, but our beginner’s guide found that when electing to buy Cardano using a debit card at Coinbase you are liable for a 3.99% fee. The buy order in our example would have resulted in a fee of $59.85 - just to enter the market.
In contrast, eToro stipulates a deposit fee of 0.5% - and only in circumstances where you are not funding your account in US dollars.
Other Important Factors
We’ve run through many important factors to consider when looking at how to buy Cardano.
As well as commissions, regulation, and payment methods. There are other metrics to think about when looking for a convenient and safe way to access the market.
You will find below a few other important factors to think about before taking the plunge.
- User-Friendliness: When looking for a good broker - an easy to use platform aimed at newbies should be an important factor. The easier it is for you to navigate your account and place orders - the smoother your experience will be when electing to buy Cardano.
- Minimum Investment: It is vital that you are aware of the minimum investment required to buy Cardano at your chosen brokerage. For instance, if you are a beginner and the platform stipulates hundreds for every investment, that’s unlikely to be suitable for a risk-averse strategy. At eToro you can buy Cardano from $25 upwards!
- Storage: We think that to buy Cardano and store it yourself is cumbersome and not very suitable for beginners. When electing to buy digital currencies via broker eToro you are able to store your coins in a user-friendly, not to mention fully regulated, environment.
Come Up With An Investment Plan Before Buying Cardano
As is often the case with any new adventure in life, a plan is a good place to start. As such, when thinking about how to buy Cardano - come up with an investment plan!
Cryptocurrencies invite a highly volatile environment where anything can happen. Having a plan is a no brainer, no matter how experienced you are on the metaphorical trading floor.
If you don’t know where to begin in making a plan, see below for a few pointers.
1. Long-Term or Short-Term
The first step is to think about whether you want to buy Cardano as a long or short-term investor.
Let’s clear the mist of both categories.
If you decide to buy Carfano on a short-term basis, you will seek to exploit the short-term price fluctuations of the digital currency.
This is done by purchasing Cardano and selling it on after minutes, days, hours, or even weeks. The idea is to time the market and exit at a point where you are able to sell the coins for more than you initially bought them for. This is turning a profit in a nutshell.
If you choose to instead buy Cardano on a long-term basis you will be adopting a ‘buy and hold’ strategy. Long-term investors instead hold onto their digital coins for weeks, months, or sometimes years at a time.
This particular strategy is good for people who don’t want to worry about the short-term price shifts of this highly speculative crypto-asset.
2. Target Cardano Price
Adding a target Cardano price is a strategy used by many people. Although it is entirely optional, it has to be said it’s a great way to set yourself some goals.
To further explain, if you bought Cardano at $0.20 and wanted to double that investment - the coins would have to rise in value to $0.40. If you wanted to increase your investment six-fold - Cardano would have to increase to $1.20, and so forth.
Granted this sounds a little unrealistic. However, when you consider that in 2017 Cardano saw an all-time low of $0.017, and just 3 months later the digital currency saw highs of $1.33 - anything can happen in this speculative market.
To clarify, that’s an increase of over 7,000%.
3. Consider Regular Investments
Another hugely popular strategy to add to your investment plan is to buy Cardano in ‘dribs and drabs’.
As we said, the market is highly volatile, which is great for gains if timing it correctly. But, on the flip side, the uncertainty of cryptocurrencies can be daunting for beginners.
If you’re thinking about how to buy Cardano in terms of quantity - consider regular investments, instead of throwing everything you have via one purchase.
Many people choose to make regular modest investments, for instance at the end of every month, or every Friday. This is a sensible way to actively build up your cryptocurrency portfolio, without risking too much at once.
As we mentioned, eToro allows you to buy Cardano from $10, making the aforementioned regular investment strategy accomplishable for most people!
Would You Consider Investing In Cardano ADA?
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Is Cardano Worth Investing?
The answer to the question of whether Cardano is worth investing in, especially over the long term, is relative. It is largely dependent on your analysis of the coin, your conviction of its sustainability, usability, need for the token, and ability to sustain an uptrend over the long term.
To help you arrive at the decision of whether Cardano is worth investing in 2023 or not, we take a look at reasons to invest in Cardano and the risks of buying ADA.
Reasons to Invest in Cardano
Potential for massive future gains
Though Cardano has been around for 5 years, it still is a working progress. Looking at its roadmap, you can tell that most of the catalysts to its possible value gain are on the horizon. When they eventually land, you can expect ADA token prices to skyrocket to new heights.
Resilience
By surviving the 2022 -2023 crypto winter and the market crash in 2022, Cardano has proved its resilience. You may want to add it to your portfolio as it has proved its ability to rebound from even the most volatile price crash - fast.
Cardano is cheap
The majority of analysts, investors, and even technical analysis indicates that Cardano is massively underpriced. They expect its prices to escape this dip and correct upward in the near future.
Earn doubly
You may consider buying Cardano today because it gives you an opportunity to earn doubly from your investment. You can stake Cardano on the blockchain and earn 5% or on third-party staking, lending, and liquidity pools and earn double-digit percentages in interest.
In-network developments
Cardano recently integrated the smart contract feature and onboarded the launch of DeFi protocols on its mainnet. It is also working on multiple other programs and protocols in partnership with both on- and off-chain brands. These are expected to draw in a growing number of users, effectively pushing up the token’s prices.
Risks to Cardano Investing
- Slow to innovate and adapt: Cardano is slow to adapt and embrace innovative crypto technologies - thanks to the peer review requirement. It for instance only integrated smart contracts in September 2021 -exactly 4 years after launch. This has cost it partnerships and contributed to its slowed value gain.
- Stiff competition: Cardano faces stiff competition from the likes of Solana and Avalanche that have faster transaction processing speeds, charge less per transaction, run more developer-friendly networks, and is more adaptive to changes in the crypto industry.
- Low rate of return: In the five years that Cardano has been around, it has only grown its introductory price by 2300%. Its fiercest competitor, Solana, has on the other hand an ROI of 22000% after two years of operation.
- Massive volatility: Cardano, like all other cryptocurrencies, is a massively volatile cryptocurrency. It is not uncommon for its token prices to crash by double-digit percentages in a matter of hours. Only buy ADA if you can stomach such volatilities.
Cardano Price Prediction
The majority of analysts and investors are confident that Cardano’s token prices will continue rising in the foreseeable future. They argue that just as its smart contract integration helped it set a new uptrend, more value-gain catalysts are coming to the blockchain and will help AD hit new all-time highs.
Other factors that they believe will help Cardano sustain its uptrend include its growing adoption, increased developer activity on Cardano, and a recovering crypto market.
By the end of 2023, for instance, a panel of crypto analysts and fintech experts polled by Finder - a finance comparison website - believe that ADA token prices will continue rising. They expect it to reach $2.79 in December 2023. By 2030, they expect ADA to trade at around $58.
Crypto analysts at Coinquora are equally optimistic about Cardano’s future price action. They expect it to break above $10 in 2023 and rally to $37 in the next 5 years.
Don't Miss: Cardano (ADA) Price Predictions
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Best Ways To Buy Cardano
Different crypto trading platforms have introduced multiple ways of buying Cardano. There are in fact other ways to buy this speculative asset, which you’ll find below.
Buy Cardano With Credit Cards and Debit Cards
You can buy Cardano with credit cards and debit cards in virtually all the most popular crypto exchanges, including the three we have discussed above. The buy process is quite straightforward and most Cardano trading platforms maintain relatively maximum deposit limits - up to $40,000 on eToro.
Debit cards are a highly popular way to pay for online purchases, so to buy Cardano this way will be just as familiar to you. Simply choose ’debit card’ from the list of payment methods at eToro, and enter your card details. You will also need to enter the amount of Cardano you want to purchase.
As we said, if electing to buy Cardano via debit card, when it comes to cashing out the money will be sent to the same card. It’s important to check the terms and conditions and be aware of the minimum investment and deposit amount required of you.
Other benefits of buying ADA tokens with credit/debit cards include the fact that deposits are processed instantaneously. Moreover, most exchanges do not even charge a deposit-processing fee.
Buy Cardano With PayPal
You can also buy Cardano with PayPal. But since an international payment processor doesn’t support the purchase or sale of ADA tokens on its website, you will need to find a crypto exchange that supports PayPal deposits, such as eToro. Like card payments, PayPal deposits to exchanges are instantaneous and eToro doesn’t charge a transaction processing fee.
PayPal has become synonymous with secure online purchases, so the same applies when looking to buy Cardano in this manner. Our beginner’s guide found that not many online crypto brokers accept PayPal deposits.
Buy Cardano With Bank
Banks are the most accessible payment method in the world. They are also one of the most accepted payment options as evidenced by the fact that virtually all Cardano trading platforms accept bank deposits. Even the 3 top exchanges we have discussed hereinabove will let you buy Cardano with bank transfers.
The biggest benefit of buying Cardano with bank transfers is that most exchanges do not maintain maximum deposit limits for bank deposits. On the flipside, deposit processing is slow and you might have to wait for 3 to 8 business days before the deposit can reflect in your crypto trading account.
Best Cardano Wallet
Cardano foundation - the oversight group for the Cardano blockchain - has come up with two ADA wallets: Daedalus - the official desktop wallet from Cardano and Yoroi - the lightweight web and mobile app wallet.
There also is an innumerable number of third-party wallets that support Cardano. These include exchange-provided wallets - like the ones provided by the top exchanges to buy Cardano discussed above. Or they could be developed by standalone crypto custody service providers like Exodus.
As always, however, we recommend that you invest in a reliable hardware wallet that stores the private keys for your ADA tokens offline - away from hackers.
How To Buy Cardano For Beginners: Step-By-Step Guide
You now know where to buy Cardano and everything else you need to know before purchasing ADA tokens. We now need to shift focus and take a comprehensive look at how to buy Cardano on eToro.
Here is a step-by-step guide on how to buy your first ADA token on the all-popular exchange:
Step 1: Create a crypto account
Open the official eToro website and on the upper right corner, tap on the “Join Now” icon to begin creating an account. Complete the user registration form that pops up. It seeks to capture such basic personal information as your name, email address, phone number, and country of residence. It will also ask about your online trading experience and income sources.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Step 2: Verify your identity
Complete the registration process by verifying your identity. Simply upload a copy of your government-issued identification document, say a passport, I.D, or driving license.
Step 3: Deposit funds
Log in to your approved eToro crypto trading account. On the user dashboard, click on the “Deposit” tab. A funding menu will pop up and provide you with a list of all the deposit options available to you based on your country of residence. Choose one and follow the prompts to complete the purchase.
Step 4: Search for Cardano
After the deposits reflect in your trading account, tap on the “Discover” icon on the user dashboard. From the list of supported asset classes, choose “Crypto” and use the option to find Cardano. Alternatively, find Cardano from the list of supported crypto assets.
Step 5: Buy Cardano
Click on the “Buy” option against Cardano. A trading tab will pop up and you can use it to customize the trade by indicating the amount of ADA tokens you wish to purchase or the amount of cash you wish to spend on the purchase. Hit the “Open Trade” tab to complete the purchase.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Storing Your Cardano
We have mentioned storage on a few occasions, but it is a very important factor when considering how to buy Cardano.
To reiterate, third-party crypto exchanges often lack licensing, so don’t have to answer to any authority. This makes them a potentially unsafe place to buy Cardano for various reasons.
Due to safety, this means that you will have likely withdraw your ADA coins to a private wallet.
You’ll be expected to ensure the safety of your long private key and protect your crypto-wallet against hackers - leaving your currencies vulnerable.
Going back to eToro, you can buy Cardano directly through the online broker. You are also able to store any ADA coins in a user-friendly and secure environment - at no extra fee.
How To Sell Cardano
Selling Cardano is relatively simple. Start by logging in to eToro or the crypto exchange where you purchased the Cardano tokens. Open a sell order here. If you wish to sell the ADA tokens immediately at the current price, open a market order. You could also open a limit order, which lets you customize the asking price for your ADA tokens.
The main objective of buying Cardano is undoubtedly to sell the digital coins further down the line - for much more than you paid. Anything above what you initially paid (minus fees) is profit.
When you feel the time is right to sell your Cardano to make some decent gains - it’s recommended to do so in a regulated space.
Not only that, but unregulated exchanges will compel you to transfer your Cardano coins from your own personal wallet to the unregulated wallet of the crypto exchange.
It’s also highly likely that you would have to exchange Cardano for another digital currency such as Litecoin or Bitcoin. This exchange tends to come with a fee attached.
Next, you would be required to request a withdrawal from the exchange. All of this is cumbersome.
Now, should you buy Cardano at eToro and decide to sell your coins - the process is very uncomplicated. Simply sign in to your broker account, and elect to sell your ADA coins.
The cash from your sale will be sent to the original payment method you used when making the Cardano purchase.
Ready To Buy Cardano ADA?
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Bottom Line - How & Where To Buy Cardano
We have covered many important metrics to be aware of when learning how to buy Cardano. We have also gone over everything you need to know before buying Cardano. We have told you What Cardano is, its past price action and most likely future price performance.
To help you make an investment decision, we taught you about the benefits and risks of crypto investing. But even more importantly, we have provided you with a step-by-step guide on how to invest in Cardano with one of the top exchanges to buy Cardano.
However, it’s still crucial that you find a respected and trustworthy broker to buy Cardano from. This cuts out the need to worry about the terrifying reality of crypto-wallet hackers.
Popular broker eToro is regulated by the FCA, ASIC, and CySEC and registered in the US with FINRA. The platform enables you to buy Cardano and store the coins in a safe place. If that’s not reassuring enough, you can complete your ADA purchase at eToro on a commission-free basis.
eToro – Best Place To Buy Cardano
Open an account with eToro, deposit some funds with USD, and finally – buy ADA from just $10.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
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FAQs Buying Cardano
What is the best place to buy Cardano?
The best place to buy Cardano today is via a regulated crypto exchanges like eToro, Coinbase or Binance. They all are unique and have their fair share of benefits and downturns. Choose one of these top picks, register an account with them, deposit funds, and start buying Cardano ADA.
How much do I need to start buying Cardano?
The minimum required to buy Cardano depends on your preferred crypto exchange. For example, eToro only requires a $10 minimum deposit while Cryto.com requires $20.
Should I buy Cardano?
Yes, you should consider buying Cardano today because it is massively undervalued, has a massively promising future and has already proved its resilience.
How to buy Cardano Legally?
You can buy Cardano ADA legally through eToro, Binance, Huobi Global, Coinbase, Kraken, and others. You can also buy ADA legally through digital currency machines (DCMs) near you as well as on SKRILL.
What is the Cheapest Way to buy Cardano?
The cheapest way to buy Cardano is to buy it on an exchange that will allow you to deposit and trade with 0% commissions. This will help you buy more ADAs. The cheapest way to buy Cardano is eToro.
What Are the Safest Sites to Buy Cardano?
The safest sites to buy Cardano are those that require you to complete KYC and AML. This means your identity has been proven and your account has been fully verified. Once you find such a platform, you should know that they abide by regulations and cannot take off with your hard-earned money. Coinbase, eToro, and Binance are some of the safest sites to buy Cardano.
Why is Cardano so cheap?
Several factors have ensured that Cardano token prices continue trading at relatively low prices. First, it has an explosive maximum token supply of 45 billion ADA tokens that cap its potential uptrend. Secondly, Cardan records minimal developer activity and only a handful of projects have launched on the platform translating to low demand for the ADA tokens.
Will Cardano ever reach $100?
It is likely that Cardano token prices will eventually reach $100 - giving it a market cap of $4.5 Trillion. However, we and the majority of analysts and investors do not expect it to get here any time soon.
What is the safest way to buy Cardano?
The safest way to buy Cardano is via a broker holding a reputable license. eToro serves over 13 million people and is regulated by CySEC, ASIC, and the FCA - as well as being registered with FINRA.
What is Cardano highest price ever?
Cardano's all-time high was $3.10, which it hit in September 2021.