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How to buy Cardano(ADA) Guide

Updated on:  2024/04/16 21:22:27(UTC+0)
Coin rating
4.6
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In this tutorial, we will discuss:
1
Where and how to buy Cardano
2
Alternative methods to obtain Cardano
3
Methods to obtain Cardano for free
4
What are the applications of Cardano
5
Market stats to assist in determining optimal times for purchasing Cardano
6
How to safely store your Cardano
7
How to withdraw Cardano

Where and how to buy Cardano

Investing in Cardano has never been easier. Simply sign up on Bitget, complete the identity verification process, and make payments using bank transfers, debit cards, or credit cards, all while ensuring security through crypto wallets. This is a widely adopted method to buy Cardano. Here's a step-by-step guide on how to buy Cardano on Bitget.

Step-by-step guide

Step 1: Create a Bitget account.

Sign up and download the Bitget app to start your journey on Bitget.

Step 2: Complete Bitget's identity verification.

Kindly verify your identity to ensure full compliance and enhance your Bitget experience.
You can access the identity verification page, fill out your country, upload your ID documents, and submit your selfie. You will receive a notification once your identity has been successfully verified.

Step 3: Place a Cardano order through any of the various payment options provided.

Credit/Debit card: For Visa/Mastercard, select Credit/Debit card and then click Add New Card in the Buy Crypto tab.
Complete your payment on Bitget AppCredit/Debit in the Buy Crypto tab of the Bitget app
Enter the bank card details to complete your payment on Bitget WebsiteCredit/Debit in the Buy Crypto tab of the Bitget website
Select your preferred fiat currency, enter the amount you wish to spend, link your credit card, and then complete your payment with zero fees.
Complete your payment on Bitget AppAdd a new card to complete your payment on the Bitget app
Enter the bank card details to complete your payment on Bitget WebsiteEnter your bank card details to complete your payment on the Bitget website
For Diners Club/Discover card, click Buy Crypto > [Third Party] in the top navigation bar to place your Cardano order.
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How to buy crypto with credit/debit card
Google Pay and Apple Pay: Turning your Google Pay and Apple Pay balance into Cardano is easy and secure on Bitget. Click Buy Crypto > [Third Party] in the top navigation bar to place your Cardano order.
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How to buy crypto via third-party gateway
Buy Cardano via bank transfer: We accept iDeal and SEPA for EUR payments, PIX for BRL payments, PayID for AUD payments, UPI for INR payments, QRIS, DANA, and OVO for IDR payments, SPEI for MXN payments, and Gcash for PHP payments. Services are provided by the AlchemyPay, Banxa, Mercuryo, and Simplex payment gateways. Select Buy Crypto > [Third Party] in the top navigation bar, then select a fiat currency to place your Cardano order.
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How to buy crypto on Bitget P2P
Buy Cardano with your Bitget account fiat balance: You can Deposit fiat funds with Advcash, SEPA, Faster Payments, or PIX payment gateways to top up your Bitget fiat balance. Then, click Buy Crypto > [Cash conversion] in the top navigation bar to place your Cardano order.
Zero-fee P2P trading: With Bitget P2P, you can buy crypto with over 100 payment methods, including bank transfer, cash, and e-wallets like Payeer, Zelle, Perfect Money, Advcash, and Wise. Just place an order, pay the seller, and you'll get your crypto. Enjoy secured transactions using escrow.

Step 4:Monitor Cardano in your Bitget spot account

If you've chosen to purchase Cardano on Bitget, your Cardano will be instantly credited to your Bitget spot account upon payment completion. You can click Assets located on the top right corner of the page to check your assets. Additionally, you can buy, deposit, convert, trade, and withdraw them.
Check your Assets
Check your assets

Alternative methods to obtain Cardano

In addition to purchasing Cardano directly, there are numerous other ways to obtain Cardano.

Convert crypto to Cardano with Bitget Convert

Bitget Convert offers a secure, swift, and zero transaction fee method to convert crypto to Cardano. Just choose your available crypto assets, specify the amount for the Cardano swap, confirm, and check Cardano instantly credited to your spot account. Ensure sufficient account balance before proceeding with the conversion.
Bitget Convert Preview
Bitget Convert preview

Swap on-chain assets to Cardano with Bitget Swap

Unlike buying or selling crypto, swapping does not access traditional financial rails since fiat currencies are not involved. Bitget Swap supports over 250,000 cryptocurrencies on 30 major blockchains including Ethereum, Polygon, and Solana. You can exchange any other crypto to Cardano anytime, anywhere, including cross-chain transactions. Transaction gas fees are automatically converted.
Click Trade > [Bitget Swap] in the top navigation bar to swap any other cryptocurrency for Cardano.

Methods to obtain Cardano for free

Using real money to buy Cardano is not the only way to obtainCardano. If you have the time to allocate, you can get Cardano for free.
Learn how to earn Cardano for free through the Learn2Earn promotion
Earn free Cardano by inviting friends to join Bitget's Assist2Earn promotion
Receive free Cardano airdrops by joining On-going challenges and promotions
All crypto airdrops and rewards can be converted to Cardano through Bitget Convert, Bitget Swap, or Spot Trading.
Note: Want to keep tabs on coin prices? Visit our Coin prices directory or Cardano Price Page and bookmark them to stay updated!
Cardano
Cardano Price Now:
ADA / USDT
$0.46
0.00
+1.68%24H
The live Cardano price today is $0.46 USD with a 24-hour trading volume of $16689784.03 USD. We update our ADA to USD price in realtime. ADA is 1.68% in the last 24 hours.
Are you planning to buy ADA?
See if other users are buying ADA:
Yes
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A welcome pack of 1000 USDT for new Bitgetters!
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How to buy Cardano in other countries?

You can easily buy Cardano (Cardano) with the lowest fees and highest security wherever Bitget is available. Select your country in the search box below to start buying Cardano in your preferred location:
This information is manually updated. If you come across any inaccuracies, please inform us at [email protected]. Last checked on 2024-04-16.

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A welcome pack of 1000 USDT for new Bitgetters!

What can you do with Cardano?

Now that you've secured your share of the digital revolution, it's time to take the next steps. Whether you're a seasoned investor or just starting out, explore our advanced trading features, like margin trading and futures trading, to amplify your potential returns. Keep an eye on the market through our intuitive interface and real-time charts, helping you seize opportunities as they arise. Consider staying ahead of market trends with Bitget's insightful educational resources, providing you with the knowledge you need to make informed trading decisions. Your crypto journey has just begun. With Bitget, you're positioned to navigate the exciting world of cryptocurrencies with confidence. And remember, our dedicated customer support team is here to assist you on your journey, addressing any queries you might have.
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Store/Hold Cardano

Many users hold on to their Cardano with the expectation of it increasing in value. You can store your ADA safely on your Bitget account or on our crypto wallet app BG Wallet, the most user-friendly and secure mobile wallet.

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Trade Cardano

You can trade Cardano for 150+ cryptocurrencies on Bitget’s industry-leading, fast, and secure trading platform. Bitget offers many trading pairs for Cardano trading to meet your needs.

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Send Cardano

Yes, Bitget allows you to easily transfer value around the world, fast. You can buy Cardano online and send to anyone and anywhere with their Cardano address.

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Spend Cardano

You can also buy goods and services with your Cardano. More and more vendors and retailers accept Cardano every day.

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Donate Cardano

Bitget Charity accepts Cardano donations for global projects that aim to improve the lives of people in the bottom billion. You can donate Cardano so no one misses out on the growth made possible by blockchain.

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Learn More About Cardano

You can read more in-depth articles on Cardano from Bitget Research and study how cryptocurrencies like Cardano work on Bitget Academy

Market stats to assist in determining optimal times for purchasing Cardano

Maybe you just need to know more about it. Let us briefly guide you through the most interesting Cardano facts from our Bitget Academy articles. Learn why people buy Cardano today!

What is Cardano (ADA)?

Cardano is a third-generation blockchain that utilizes Proof-of-Stake (PoS) consensus mechanism. It was conceived in 2015 by Charles Hoskinson, co-founder of Ethereum, who departed his former project with the intention to improve upon Ethereum’s shortcomings and create a more complete decentralized network. Therefore, it was decided from the beginning that Cardano would be a PoS-based blockchain network. Two years after a highly successful ICO in 2015, Cardano mainnet was released. As of now, Cardano supports multiple use cases and applications such as smart contracts, DeFi, Internet of Things, NFT, etc., and it is currently the 29th biggest blockchain in the world by Total Value Locked.

It is also the first blockchain to have a research-driven approach. The project has published various peer-reviewed papers and worked with top universities to conduct blockchain-related education and research.

Regarding roadmap, Cardano’s development is divided into five main phases:

1. Byron - foundational establishment: During the Byron phase, Cardano’s mainnet was officially launched, together with two wallets and a Block Explorer for Cardano.

2. Shelley – decentralization: In this phase, staking operation, delegation preferences, and incentives for users were enhanced.

3. Goguen – smart contracts: The primary goal of the Goguen phase is to enable everyone to build dapps and create their own tokens.

4. Basho – scalability: The Basho phase will improve scalability and interoperability by refining the underlying performance of the network.

5. Voltaire – governance: The Voltaire development phase will enable the community to vote on Cardano’s development in a decentralized way.

How Cardano (ADA) Works

Though Cardano is a PoS-based blockchain like many other, its PoS consensus mechanism, called Ouroboros, is quite unique. Ouroboros is the first PoS mechanism to be peer-reviewed, security-audited, and verified by third parties. It enables the operation and security of ADA (the native token of Cardano) as well as smart contracts on Cardano. Also, Ouroboros ensures that ADA rewards are given out to those who stake ADA.

Infrastructure wise, Cardano ecosystem consists of two layers:

1. Cardano’s settlement layer (CSL) is where ADA transactions are processed almost instantaneously with very low fee.

2. Cardano’s computation layer (CCL) handles and operates advanced features such as smart contracts, blacklisting, compliance, etc.

How Many ADA Tokens Are in Circulation?

Cardano held a public token sale for ADA from September 2015 to January 2017 and raised a total of USD 79.2 million. Those who participated in the public sale could get vouchers to redeem their ADA through the Daedalus wallet.

The maximum supply for ADA cryptocurrency is limited to 45 billion token. As of now, there is about 31 billion ADA in circulation, and the remaining 14 billion is left for network incentive. More ADA was released during the first few years when the network just launched and the released amount gradually decreases over time. It is expected that ADA rewards will come from transaction fees in the future as more people come to use Cardano.

ADA’s Initial Supply: 31,112,484,644

Their allocation was as follows:

- 83.3% went to public sale buyers

- 16.7% went to the project and the founders

How to Buy Cardano (ADA)

Consider investing in Cardano (ADA)? It only takes 2 minutes to create an account on Bitget and start trading ADA.

Check out the available ADA trading pairs on Bitget!

Futures market

ADAUSDT

Spot market

ADAUSDT

ADAUSDC

Cardano (ADA) Resources

Whitepaper

Official Website

How to safely store your Cardano

Many investors opt to hold onto their Cardano for long-term investment. Safeguard your Cardano with confidence using the Bitget Wallet, known for its industry-leading security and risk control, backed by Suntwin Technology, Qingsong Cloud Security, HEAP, and Armors. Sign up now to enjoy the perks of owning a Cardano wallet at Bitget.

How to withdraw Cardano with Bitget's hassle-free withdrawal process

Using an exchange is one of the most convenient methods to cash out your Cardano or other crypto, and Bitget stands out as an excellent choice. With its user-friendly Buy/Sell buttons, Bitget simplifies the experience, allowing you to intuitively select the cryptocurrency you want to sell and specify the sell amount.
When it comes to withdrawing the Cardano you've acquired, Bitget offers a seamless experience. Enjoy competitive fees, a flexible minimum withdrawal threshold, and lightning-fast delivery times within 24 hours, ensuring your is readily available for you.
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How to buy Cardano(ADA) Guide

FAQ
How do I purchase Cardano?
Nowadays, you can purchase and store Cardano hassle-free on a CEX like Bitget. You can use your debit/credit card, bank transfer, or perform peer-to-peer trading to buy Cardano. You can easily do it on your computer, tablet, iOS, or Android.
Can I buy US$1 worth of Cardano?
In theory, Cardano can be divided and bought in an amount that is worth US$1, but on Bitget, the minimum order amount on the spot market is limited to US$5.
Can I buy US$10 of Cardano?
Yes, can be divided and bought in an amount that is worth US$10. On Bitget, the minimum order amount on the spot market is limited to US$5.
Where else can I buy Cardano?
If a token is not available for purchase via the P2P market or debit/credit card. You can place a buy order for it via the spot market.
Where is the best place to buy Cardano?
The best place to buy Cardano is the exchange that provides hassle-free and secure transactions combined with a convenient interface and high liquidity. Millions of users every day choose Bitget as a trusted crypto purchase platform.
Should I buy Cardano right now?
You should make a decision on purchasing or investing in Cardano or other tokens after performing your own research and analysis. Bitget provides user-friendly crypto trading and purchasing services. Additional resources such as Bitget Academy and Bitget Insights help users to navigate the current market news and trends.
Cryptocurrency investment activities, including actions done to buy Cardano online via Bitget, are subject to market risk. Bitget provides easy and convenient ways for you to buy Cardano instantly, and we put our best efforts to fully inform our users about each and every cryptocurrency we offer on the exchange, but we are not responsible for the results that may arise from your Cardano purchase. This page and any information in it is not meant to be interpreted as an endorsement of any particular cryptocurrency or method of acquiring it.