How to Buy Cardano (ADA)

Unlike other platforms for dapps, Cardano prioritizes tight partnerships with academics and universities, and holds its code upgrades to certain mathematical standards and review.

There’s a lot more to learn about Cardano, so we’ve put together a more extensive introductory guide that explains the inner-workings of the platform’s technology and the team behind it. 

 

By buying ADA, investors are attracted to its scientific foundation and think this will help propel the adoption of its technology. Buying ADA also allows you to help operate the network and vote on software changes.

But there are other reasons to consider buying ADA too.

There are a number of different places where you can buy ADA. However, you may find that it is easiest to purchase this asset through a trusted global exchange like Kraken. 

Kraken offers a wide selection of crypto assets and traditional currencies, with over 100 trading pairs. This means whether you want to sell USD or sell BTC for ADA, we can provide a robust and active global market with deep liquidity. 

At Kraken, we take security seriously, with tested technology and rigorous procedures designed to safeguard funds. We don’t cut corners when it comes to security, and neither should you. 

1. Sign up for a Kraken account
   First, enter a valid email address, create a new username and set a strong, secure password to protect your account.

2. Verify your account
   After providing your name, date of birth, country of residence and phone number, you can buy ADA with cryptocurrencies like ETH and BTC. In order to use fiat currency (i.e. EUR or GBP), you’ll need to provide our experts with additional supporting documents verifying your identity. Read about our verification processes here.

3. Deposit fiat currency
   You can fund your account in a number of ways. How you do so will depend upon your location and preferences. 

4. Purchase ADA!
   Once your account is funded, you’re ready to purchase ADA. At this point, you’ll also gain access to our advanced charting tools, 24-hour global client support and the ability to utilize spot trading on margin*, features that help make Kraken the platform of choice for millions of global traders.

*Availability of margin trading services is subject to certain limitations and eligibility criteria.

Once you buy ADA, you’ll need somewhere to safely store your cryptocurrency. 

Kraken is secure, but it’s always safest to store your ADA in a wallet, a software or hardware device that stores the public and private keys required to make crypto transactions.

There are many types of ADA wallets available. Mobile and web wallets can make transactions easy, while hardware wallets are perhaps best suited for secure, long-term storage. 

When choosing a crypto wallet for your ADA, first spend some time thinking about what you plan to do with your tokens to find a wallet that fits your needs.

If you’re ready to begin, click the button below to buy ADA on Kraken today!