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Cardano Ecosystem

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07/30/2021

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Where and How to Buy Cardano (ADA)

If you are one of those people who have just started getting interested in the crypto world, then this article is for you. Before you start investing your money into cryptocurrencies, make sure that you know where to invest....

Where and How to Buy Cardano (ADA)

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Last Updated on Jun 17, 2021 at 2:17 PM

how to buy Cardano

If you are one of those people who have just started getting interested in the crypto world, then this article is for you. Before you start investing your money into cryptocurrencies, make sure that you know where to invest. After all, unlike the year 2008, the world of crypto is not just limited to Bitcoin; there are many other valid digital currencies. One of the most promising cryptocurrencies in 2021 is Cardano (ADA). It is a public blockchain designed to run smart contracts and is exceptionally sustainable at the same time. If questions like “how to buy Cardano” and “where to buy Cardano” are bothering you, you should read this article, as we have covered everything you need to know.

A Few Steps to Consider Before You Start Buying Cardano

1. Safe Wallet

The most primary step that you should take before you start buying any cryptocurrency is to look for a safe wallet. If you do not delve deep into the dark alleys of crypto, you will never get a safer bet for yourself. It is vital to familiarize yourself with the reputed wallets well before you start your crypto journey. You can choose from the plethora of online wallets or go for a hardware wallet to give you maximum protection.

2. A Steady Payment Method

If you plan to buy Cardano, make sure that you have the supported global payment methods ready. Because, unlike Bitcoin and Ethereum, you will not be allowed to buy Cardano with cash.

In order to know how to buy Cardano, check out the following platforms and have a swift experience.

Buy Cardano with Binance

If you have been spending days and nights looking for that one platform that will be able to help you through all your questions concerning “where to buy Cardano,” then you have found the right one. Binance is a platform that will offer a seamless experience for both advanced and novice traders. The moment you open the Binance website, you will see the market trend of all the cryptocurrencies offered.

The platform also allows its users to avail multiple discounts and compete for rewards from time to time. You can use Binance on any of your mobile devices (Android or iOS), as well as on Windows, macOS, and Linux. Moreover, it offers 24/7 customer support to all its users.

How to Buy Cardano Using Binance:

  1. Register yourself on the Binance platform with your email address. You can also verify your account with your phone number and your Google account for higher protection;
  2. Once you enter the Binance dashboard, click on “Buy Crypto,” and then select your preferred payment method;
  3. Now, simply look for Cardano, also known as ADA, and enter the amount you want to buy.

Buy Cardano with Coinswitch

In just a few years, with over $5 billion+ trading volume on its platform, Coinswitch has garnered a lot of support. It supports almost 100+ currencies and offers a very steady platform with zero complexities. To provide an extremely user-friendly experience,there is a mobile application for its Android and iOS users. To use Coinswitch, one must complete a few verification levels, particularly with a KYC and a selfie. It offers instant trading with the best prices, so that you can always have the best profit against minimum investment.

Also, you can easily withdraw your money at any point in time, no questions asked. Coinswitch charges zero-fee whenever you are buying cryptocurrency. Unlike other platforms, where you can purchase crypto directly from your payment system, here you have to add the money to the Coinswitch wallet before you make any crypto transactions. If you ever face a glitch when it comes to operating Coinswitch, you can quickly generate a ticket or get support from their chat team from 7 am to 12 am every day. 

How to Buy Cardano Using Coinswitch:

  1. Create your account on the Coinswitch platform by simply adding your phone number and verify the OTP;
  2. Set your secret PIN using which you will access the platform each time on your mobile phone;
  3. Open the “popular currencies,” look for ADA, and buy it;
  4. Set the amount and complete the payment procedure.

Buy Cardano with Coinmama

Coinmama is one of the oldest and most trusted crypto platforms, which was started in 2013. At this very moment, the platform is used by millions all across the globe in 188 countries. Coinmama facilitates the trading between the users with almost all the high-end cryptocurrencies and offers a very rigid security system to protect their accounts.

If you are looking for high spending limits, fast-track deliveries, and instant transactions, there is nothing better than Coinmama. The platform supports some of the major payment methods, such as Google Pay, SEPA, Mastercard, and a few more. So, before you ponder the question – “where to buy Cardano,” let us have a deeper look when it comes to initiating an actual transaction while buying ADA. 

How to Buy Cardano Using Coinmama:

  1. Go to the Coinmama website and create your account by adding your email address. To start transactions, you must complete the verification process;
  2. Once you are through with the verification process, click on “Buy now;”
  3. Select “ADA” and adjust the amount of Cardano that you are willing to buy;
  4. Add your wallet address and complete the payment process to receive the Cardano instantly.

Conclusion

The crypto world is undoubtedly booming in 2021, so it’s time to take a chance. If you just keep investing in the safer bets without doing your complete research, you might miss out on some of the most profitable options. Cardano is one of the most highly expected cryptocurrencies that have the potential to reach a reasonable price by the end of this year. Make sure that you use reliable platforms and invest smartly. However, we hope that our how to buy Cardano guide has been helpful to you so that you have a good experience using this crypto.

Featured image: quoteinspector.com

Notice: The information in this article and the links provided are for general information purposes only and should not constitute any financial or investment advice. We advise you to do your own research or consult a professional before making financial decisions. Please acknowledge that we are not responsible for any loss caused by any information present on this website.

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Disclaimer: Cardano Feed is a Decentralized News Aggregator that enables journalists, influencers, editors, publishers, websites and community members to share news about the Cardano Ecosystem. User must always do their own research and none of those articles are financial advices. The content is for informational purposes only and does not necessarily reflect our opinion.


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