How to Buy Cardano (ADA)

Learn all about Buy Cardano

Cardano (ADA) a cryptocurrency based on the cardano, is currently attracting significant interest in the crypto market. As the Cardano ecosystem expands, it has established a notable presence within the cardano-ecosystem sector. More and more people are becoming interested in Cardano. They wish to invest or purchase Cardano (ADA), but may not know how to get started. Here, we will guide you through all the information you need to know about purchasing Cardano. Regardless of your location, Bitrue can provide you with a simple and secure way to buy ADA.

Where and how to buy Cardano

When it comes to purchasing Cardano (ADA), users may focus on various factors, such as cryptographic wallets, on-chain protocols, and other complex operations. Fortunately, Bitrue exchange allows you to buy Cardano in a simple and quick manner. Just register through the official website or app, verify your identity, set up your payment methods (such as credit cards/debit cards/bank transfers), or deposit cryptocurrencies to your Bitrue wallet for spot trading. The purchased ADA will be stored in your crypto wallet account to ensure asset security. Below is a step-by-step guide on how to buy Cardano (ADA) through Bitrue.

Steps to Buy Cardano (ADA)

Step 1 Create a Bitrue Account

- Register through the official website, Bitrue.com.
- Download the Bitrue App and complete the registration process.
After successfully registering your Bitrue account, follow the security prompts on the website or app to enable Google 2FA for account dynamic verification.

Step 2 Complete KYC Verification

Visit the identity verification page on the Bitrue official website or app, select your country or region, upload valid identification documents, and submit a selfie. Once the identity verification is successful, you will receive a notification.

Step 3 Choose the method to Buy Cardano (ADA)

Buy Cardano Over-the-Counter (OTC)
- 1. Click on "Quick Buy" on the Bitrue official website or app. Choose "Credit Card" or "Bank Transfer" as the payment method.
- 2. Note: Purchasing Cardano (ADA) using "Credit Card" or "Bank Transfer" on Bitrue requires user identity verification. Please provide identity verification documents as per our platform's instructions.
- 3. Select Cardano (ADA) from the list of cryptocurrencies.
- 4. Enter the quantity of ADA you wish to purchase.
- 5. Connect your credit card or bank account.
- 6. Confirm and complete the payment process.
- 7. Transaction completed.
Buy Cardano through Spot Markets
- Note: Currently, the most popular Cardano spot trading pairs include ADA/USDT and ADA/USDC. Before purchasing Cardano (ADA) in the spot market, please ensure that your Bitrue wallet has a sufficient amount of cryptocurrencies (e.g. USDT, USDC). If your account does not have enough cryptocurrencies, you will need to recharge your Bitrue account.
- 1. Click on "Trade" -> "Spot" on the Bitrue official website or app.
- 2. Select Cardano (ADA) from the list of cryptocurrencies.
- 3. Enter the quantity of ADA you want to purchase, either at the market price or set a target price for buying Cardano.
- 4. Confirm the purchase order.
- 5. Transaction completed.
- If Bitrue exchange currently does not support the above methods for purchasing Cardano (ADA), users can only deposit ADA assets into their Bitrue accounts through a cryptocurrency wallet or choose a decentralized exchange (DEX) that supports ADA trading pairs for purchasing.

Step 4 Successful Purchase

The purchased Cardano assets are stored by default in your Bitrue cryptocurrency wallet or trading account. You can use Bitrue to trade other cryptocurrencies, stake for passive income, or withdraw it to an external Cardano cryptocurrency wallet.
Note: If you have not received your Cardano (ADA), visit the help center or contact online customer support for assistance.

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Alternative methods to acquire Cardano

Apart from directly buying Cardano (ADA), what are the alternative methods to acquire Cardano ?

Fixed Auto-Investment in ADA

Regularly invest a fixed amount at scheduled intervals in Cardano (ADA) digital assets, enjoying both short-term returns and long-term benefits.

Staking ADA

Flexible staking of Cardano (ADA) digital assets to earn interest or high returns in other cryptocurrencies.

DPoS Voting and Governance

In DPoS networks, you can use held ADA for voting or participate in governance, supporting trusted representative nodes in verifying transactions and producing blocks. As a participant, you may receive a percentage of block rewards and transaction fees.

POS Mining

Holders acquire the right to validate nodes by locking a certain amount of Cardano (ADA). Elected nodes are responsible for generating new blocks and confirming transactions, receiving rewards typically in the form of newly issued tokens (or ADA) and on-chain transaction fees.

Get Cardano (ADA) for free

If you have enough time, you can obtain Cardano for free through the following methods:

- Invite friends to join the Bitrue coupon event and earn free Cardano (ADA).

- Join the Bitrue Rewards Center, participate in ongoing challenges and airdrops to receive free Cardano.

- All cryptocurrency airdrops and rewards can be exchanged for ADA through coin-to-coin exchange or spot trading.

How to keep your Cardano safe and secure

Once you have purchased Cardano, it is crucial to store it in a secure location. Bitrue is a secure, transparent, technologically stable, and user-friendly cryptocurrency exchange. Bitrue allows you to store Cardano and other digital assets in the encrypted wallet of your platform account, enabling you to trade, deposit, and withdraw anytime, anywhere.

If you are highly familiar with operating on-chain Cardano wallets, you also have the option to store Cardano (ADA) separately in a personal encrypted wallet. This wallet serves to keep your Cardano secure and accessible, allowing you to send and receive it while maintaining control.

To ensure the security of your Cardano, consider the following types of encrypted wallets:

- Mobile Wallets: Store your private key in an application on your smartphone.

- Web Wallets: Third-party-controlled online servers that store your private key.

- Desktop Wallets: Computer programs that allow you to store your private key on a hard drive.

- Hardware Wallets: Physical devices for offline storage of private keys.

Note: Cryptocurrency wallets do not technically store your Cardano encrypted assets. Instead, the assets remain on the blockchain, and access is granted using the digital private keys stored in the wallet.

Why Bitrue is the Best Platform for Buying Cardano (ADA)

User-friendly Interface

Trading cryptocurrencies on Bitrue is a breeze, requiring just a few simple steps to instantly purchase Cardano.

Swift Deposits and Withdrawals

Our efficient real-time trading system ensures your Cardano assets are instantly depositable and withdrawable.

Security and Stability

With dual-factor authentication, multi-signature support, and cold-hot wallet segregation technology, we ensure the systematic security of Cardano.

Get ADA with Bitrue

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Some market stats about ADA

Price Analysis

ADACardano Price Now:

$0.8937-6%24H

Cardano is falling this week.

The price of Cardano has dropped by -17.79% in the last 7 days. It has seen a -6.59% decrease in the past 24 hours and a -0.47% decrease in just the last hour. The current price is $0.8937 per ADA. Cardano is dropped -70.21% from its all-time high of $3.

Buy Cardano Now

Sandbox Testing

Calculate the Returns on Your Cardano Investment

How much profit would I have if I bought $ worth of Cardano in

Calculate

Returns based on the average Cardano price for that year. Not financial advice.

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How to buy other cryptocurrencies

There are lots of ways to buy, swap, and convert crypto. Learn more about how you can do it all using Bitrue with our how to buy crypto guide.

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FAQ About Buy Crypto

What is Cardano?

Cardano is a decentralized public blockchain and cryptocurrency project and is a fully open source project. Cardano is developing a smart contract platform which seeks to deliver more advanced features than any protocol previously developed. It is the first blockchain platform to evolve out of a scientific philosophy and a research-first driven approach. The development team consists of a large global collective of expert engineers and researchers. This is the first blockchain project to be developed from a scientific philosophy, and the only one to be designed and built by a global team of leading academics and engineers. It is essential that the technology is secure, flexible and scalable for use by many millions of users. Consequently, considerable thought and care from some of the leading experts in their fields has been devoted to the project and informed design decisions. The scientific rigor applied to mission-critical systems such as aerospace and banking has been brought to the field of cryptocurrencies, with a high assurance implementation.

How many Cardano are there in total?

The total supply of Cardano is 44,995,089,702 and the Circulating Supply is 35,119,317,307 .

Why are people buying Cardano?

People buy Cardano for various reasons. Some view it as an investment, expecting its value to increase, while others appreciate its decentralization and anonymity, seeking to avoid restrictions of traditional financial systems. Additionally, Cardano serves as a digital asset with transactions independent of central authorities. Overall, motivations for purchasing Cardano include investment, risk diversification, and trust in new digital assets.

Where is the preferred place to buy Cardano?

Bitrue exchange, with its secure and stable platform, user-friendly interface, low fees, and high liquidity, stands as the best exchange for millions of users to purchase ADA.

Should I buy Cardano?

Deciding whether to buy Cardano depends on individual financial goals, risk tolerance, and understanding of the digital asset market. Cardano investments involve market volatility and risks, so it's advisable to thoroughly understand its characteristics and market conditions before purchasing. If you have investment experience, can withstand price fluctuations, and are willing to accept potential losses, buying Cardano (ADA) may be a suitable investment choice. However, remember that all investments come with risks.

Can I use cash to buy Cardano?

Generally, buying Cardano digital assets by cash is relatively challenging, as most cryptocurrency exchanges prefer electronic payments or bank transfers.

How much does it cost to buy 10 ADA?

To purchase 10 ADA, the cost in USD would be $8.942.

What are the fees for buying Cardano?

Bitrue offers the lowest fees across all cryptocurrencies. Check the fee rates for all cryptocurrencies here.

How to use Apple Pay to buy ADA?

Currently, Bitrue does not support purchasing ADA or adding fiat currency using Apple Pay.

How to use Paypal to buy ADA?

Currently, Bitrue does not support purchasing ADA or adding fiat currency using Paypal.

What can I do with Cardano?

You can use Cardano to pay for goods and services, invest, transfer and remit, preserve assets, participate in DeFi, donate, and more.

How to sell my Cardano?

If your Bitrue wallet does not hold Cardano, you need to deposit ADA into your Bitrue account. If you already have ADA, log in to your trading platform account, find the Sell option, usually located on the OTC or market trading page. Enter the quantity of ADA you want to sell, select the selling price, confirm the sell order, and once your ADA is successfully sold, you can withdraw funds to your set bank account or other payment methods.

Can I purchase Cardano (ADA) worth 1 US dollar?

In theory, Cardano (ADA) can be divided into many units of 1 US dollar each, but on Bitrue, the minimum order amount for ADA is 10 US dollars.

Disclaimer

Cryptocurrency markets are highly volatile and can experience rapid price fluctuations. You are solely responsible for your investment decisions and Bitrue is not liable for any losses you may incur. We rely on third-party sources for price and other data related to the cryptocurrencies listed above, and we are not responsible for its reliability or accuracy. The information provided on this platform and any associated materials are for informational purposes only and should not be considered as financial or investment advice.

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