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How to Buy Cardano (ADA) for Beginners

How to buy Cardano?

Welcome to the beginner’s guide for buying ADA, the cryptocurrency of Cardano. In this guide we will cover the different ways to buy ADA, as well as introduce you to some of the top exchanges available.

First Thing First! Do you have a wallet?

The most import thing to do prior to buying ADA is making sure that you have a secure Wallet to hold your ADA. Leaving ADA on an exchange can be dangerous, as sometimes exchanges can be hacked and if your funds are targeted, you may not be able to recover them.

If you have not set up a wallet yet, check out our link below or click here.

1. Buy Cardano Directly

(Fiat to ADA)

Ideally, this is the easiest method to buy Cardano if this option is available to you. It saves you time from having to purchase another cryptocurrency and then convert it to Cardano.

2. Buy Cardano Indirectly

(Fiat to Crypto to ADA)

Sometimes a direct listing for Cardano may not be available in your country . In this situation, you would have to first purchase either Bitcoin, Ethereum or USDT. Then you would send the purchased cryptocurrency to an exchange that supports Cardano. Finally, you will trade the purchased cryptocurrency for Cardano on the exchange. 

1. Buy Cardano Directly (Fiat to ADA)

NDAX Exchange Buy Cryptocurrency Cardano

One of the easiest ways to buy Cardano in Canada is using NDAX. This is because there is a direct listing for ADA, which will allow you to purchase it directly. The fees are low at only 0.2%. There are no deposit fees, but there is a withdrawal fee of 3.5 ADA. Interface is clean and easy to use.

Get $10 when you use my referral link below.

Supported fiat currencies: CAD

Coinbase Exchange Buy Cryptocurrency Cardano

Coinbase recently listed Cardano on it’s platform. The fees vary depending on transaction size and are typically higher than other exchanges. However, the platform is very user-friendly and has the most support for fiat currencies. 

Get $10 USD when you use my referral below and spend $100USD

Supported fiat currencies: US, EU, UK, CA, SG, AUD (100+ Supported Countries)

Coinbase Exchange Buy Cryptocurrency Cardano

Crypto.com is decent platform to purchase Cardano. There is a direct listing for ADA, which will allow you to purchase it directly. You also have access to a huge amount of other cryptocurrencies (100+). The fees are low at only 0.16%. There are no deposit fees, but there is a withdrawal fee of 2 ADA.

Supported fiat currencies: AUD, CAD, EUR, GBR, USD

2. Buy Cardano Indirectly (Fiat to Crypto to ADA)

Fiat to Crypto

Newton Exchange Buy Cryptocurrency

Newton has one of fairest prices right now for buying cryptocurrency in Canada using Fiat currency. It has a clean and simple to use interface, making it quick to purchase your first cryptocurrency.

Get $25 when you use my referral link and spend $100.

Supported fiat currencies: CAD

Supported cryptocurrencies: BTC, ETH, XRP, XLM, BCH, LTC, XMR, USDC, USDT, QCAD

Shakepay Exchange Buy Cryptocurrency

Shakepay’s mobile APP is very easy to use. You can place instant buys & sells, recurring buys and limit orders. You can also shake the APP each day for free Bitcoin!

Get $10 when you use my referral link below and spend $100

Supported fiat currencies: CAD

Support cryptocurrencies: BTC, ETH

Coinberry Cryptocurrency Exchange

Coinberry allows you to buy cryptocurrency in minutes. It can take as little as 60 seconds to register and purchase your first cryptocurrency. One of the benefits is that there are no deposit or withdrawal fees. The trading fees range between 0% to 2.5% depending on margin, spread and the liquidity sources.

Coinberry is the only insured, FINTRAC registered & PIPEDA compliant trading platform.

Get $20 when you use my referral link and spend $50.

Supported fiat currencies: CAD

Supported cryptocurrencies: BTC, ETH, LTC, XRP, XLM, BCH

Crypto to ADA

Coinbase Exchange Buy Cryptocurrency Cardano

Binance is an advanced trading platform that can be used to purchase Cardano and almost any altcoin you can think of.  The fees are super low at only 0.1%. The transaction fees can be further reduced, depending on your trade volume and BNB staking balance. There are no deposit fees, but there is a withdrawal fee of 1 ADA.

Earn 10% Commission Fees back when you use my referral link below.

Coinbase Exchange Buy Cryptocurrency Cardano

Crypto.com is decent platform to purchase Cardano. There is a direct listing for ADA, which will allow you to purchase it directly. You also have access to a huge amount of other cryptocurrencies (100+). The fees are low at only 0.16%. There are no deposit fees, but there is a withdrawal fee of 2 ADA.

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  • Bitcoin
  • Ethereum
  • Cardano
Scan to Donate Bitcoin to bc1qcck0avw4kqe5cq4wv4ea5fjle7ss0zc82trr6v

Donate Bitcoin to this address

Scan the QR code or copy the address below into your wallet to send some Bitcoin

Scan to Donate Ethereum to 0xd2Ec0f8DB6e5397f4C0d3D388F4AcC97f05ae3Bf

Donate Ethereum to this address

Scan the QR code or copy the address below into your wallet to send some Ethereum

Scan to Donate Cardano to addr1q96s338z2mas88d0nen74a75ltuygxkdppqwwdyp80h4dnre2uur6zce29wv24yx5ntnfy4ujl7yzcrcare6wwn5fajq8nl2vg

Donate Cardano to this address

Scan the QR code or copy the address below into your wallet to send some Cardano