How to Buy Cardano (ADA) on Binance?

Cardano (ADA) is a fairly exciting project in the cryptocurrency world. Yet, it has climbed quickly in terms of price and platform expansion. Cardano seeks to be more involved and developed than any other equivalent project. This post is all about how to buy Cardano (ADA) on Binance. Let’s take a look at it in more detail. At the time of writing this, the ADA price is sitting at $1.24.

The first method is to buy USDT using the P2P option

Step 1

Buy Cardano

Login to the Binance Account. Now, it is important to note that USDT and ADA trade in pairs. So, now buy USDT to trade ADA. Go to trade on Binance.

Step 2

Buy Cardano

Now, click on P2P as displayed in the above image.

Step 3

Now, change the currency as per your preference and select a payment alternative. A dialogue box will emerge. Click the agreement tickbox and confirm.

Step 4

Select the amount of USDT you want to trade. It will display how many USDT you will obtain. You can choose payment alternatives like PayPal, Skrill, Perfect Money, and Banco for the same. Once you complete the payment, your funding wallet will accept the asset.

Step5

Now, the next step is to swap your USDT for ADA. For this, again Click on the Binance Logo and then click on Trade. After this, click on convert. Once you have the USDT balance, swap it for Cardano (ADA). It takes 5 seconds to confirm the transaction.

How to Buy Cardano (ADA) using a Debit/Credit Card?

Buy Cardano

You can buy ADA with Debit and Credit cards as well. For this, click on buy crypto on the side of the Binance logo and then select buy Crypto with Debit/Credit Card option. The above screen will appear. Enter the amount you want to spend on buying ADA.

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Disclaimer: The authors of this website may have invested in crypto currencies themselves. They are not financial advisors and only express their opinions. Anyone considering investing in crypto currencies should be well informed about these high-risk assets.

Please also note our Non-liability disclaimer.

Trading with financial products, especially with CFDs involves a high level of risk and is therefore not suitable for security-conscious investors. CFDs are complex instruments and carry a high risk of losing money quickly through leverage. Be aware that most private Investors lose money, if they decide to trade CFDs. Any type of trading and speculation in financial products that can produce an unusually high return is also associated with increased risk to lose money. Note that past gains are no guarantee of positive results in the future.