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Cardano

How to Buy Cardano (ADA)

Cardano is a blockchain developed based on peer-reviewed academic research, resulting in a slower but more methodical rollout of new features than its competitors. ADA is mainly used for staking and as a governance token within Cardano's growing DeFi ecosystem.

Step by step

  1. create an account on your chosen exchange and complete identity verification (KYC)
  2. deposit funds — bank transfer, debit/credit card, or another supported method depending on the exchange
  3. buy cardano (ADA) — not supported by Gemini and NiceHash, among others, so it's worth checking the exchange list below first for this coin
  4. consider moving your ADA to your own wallet, especially if you plan to stake outside the exchange

Where to buy Cardano

The exchanges below support Cardano (ADA) — click through to read our full review of each platform.

Frequently asked questions

Is buying Cardano legal?

In most countries, yes — trading cryptocurrency, including Cardano (ADA), is legal. Rules vary by country though, including identity-verification requirements and how any gains are taxed, so check what applies where you live.

What's the minimum amount to buy Cardano?

It depends on the specific exchange, but in practice most platforms let you buy a fraction of one ADA for as little as a few dollars — you don't need to buy a whole coin at once. Check the exact minimum order size in your chosen exchange's terms.

Before choosing an exchange, check our guide to payment methods, and after selling crypto, don't forget that most countries treat it as a taxable event — see crypto tax reporting for the general concept, and check your own country's current rules.