How To Buy Cardano (ADA) - Complete Guide

2021/03/25 13:20:53

Cardano (ADA) is a blockchain platform for everyone who wants to bring some positive change to the world. For some change-makers and innovators, it is a great platform to create possibilities, and for investors, it is a nice investment target. In reality, some people don’t know how to buy Cardano (ADA) while they really want it.

Don’t worry, this article will teach you how to buy Cardano (ADA) in 2021 with step-by-step guidance!

What is Cardano (ADA)?

Cardano is a public blockchain ecosystem that integrates encrypted assets and smart contracts. From a technical point of view, its ecosystem can be divided into two layers, the settlement layer and the computing layer, and it also supports vertical and horizontal expansion. ADA is the core token of Cardano, which is used to pay individuals who contribute to the Cardano ecosystem by storing the blockchain and performing other functions.

The interesting thing is that Cardano is called the Japanese Ethereum. For a detailed introduction to Cardano (ADA), please check this article.

If you are interested in investing in Cardano (ADA) right now, read on and we will introduce in detail how to buy Cardano (ADA).

Where Can I Buy Cardano (ADA)?

Cardano (ADA) is currently available on over 100 trading platforms and the easiest way to buy Cardano (ADA) is to buy from a centralized exchange. KuCoin, for instance, is a good choice. As one of the most famous global crypto exchanges in the world, KuCoin currently has more than 6 million users in the world.

How to buy Cardano (ADA) on KuCoin?

1.The first step is to create a KuCoin account. You can visit KuCoin via kucoin.com, click sign up and enter your email address or phone number, set a strong password and verify the account to get all set.

2. The second step is to finish the KYC process. Please rest assured that KuCoin treats user info very seriously, so you can safely provide your personal information, upload an image with a photo ID and verify your credit/debit card or bank account to verify your account.

3. If you do not have any crypto like BTC or USDT yet, the next step is to transfer your fiat to crypto. This is an important step to buy Cardano (ADA) on KuCoin. Currently KuCoin allows three ways to buy crypto with your credit card - Simplex, Banxa and PayMIR. Usually people will buy USDT through these fiat gateways and then move to the next step. If you already have USDT or BTC, then things will be much easier. Simply make the deposit to KuCoin to get ready to buy Cardano (ADA) .

4. As the last step to buy Cardano (ADA), just go to the KuCoin Trade page and find the ADA trading pairs like ADA/USDT, ADA/BTC, enter the amount and click “Buy ADA” to complete the purchase.

Where to store Cardano (ADA)?

You have two choices to store Cardano (ADA) conveniently and securely, one is to leave your Cardano (ADA) token in the account of KuCoin, another option is to transfer the ADA to your crypto wallet. If you are a frequent trader, then I suggest you put your Cardano (ADA) in KuCoin.

Conclusion

Cardano (ADA) is believed to have the capabilities to solve next-generation blockchain issues, and it also has an experienced founding team. There is no doubt that the ideas it pursues will be well accepted by blockchain users.

If you have read the full text of how to buy Cardano (ADA) and are ready to buy it now, click the link below to start your crypto journey on KuCoin!