Buy Cardano ADA (€1.41)

Cardano is a third generation blockchain that uses the Proof-of-Stake consensus algorithm instead of the more energy consuming Proof-of-Work algorithm that Bitcoin uses. The currency used on the blockchain is also called Cardano, but is known by its ticker ADA. The Cardano blockchain was developed by Charles Hoskinson in 2015. Charles was one of the co-developers of Ethereum’s consensus algorithm, but found room for improvement upon completion. Cardano positions itself as an Ethereum competitor, focusing on smart contracts. The currency is named after Ada Lovelace, a 19th century mathematician (and countess) who is known as the first computer programmer.

Buying Cardano ADA is really easy! Navigate to the blue exchange bar at the top of the page and enter the amount you would like to purchase. Our interactive step-by-step flow will guide you through the process.

Step 1: Sign up

Create a free account on Anycoin Direct, verify yourself and trade Cardano, Bitcoin or Ethereum whenever you want. Want to see which cryptocurrencies we offer? Check out our complete selection of cryptocurrencies.

Step 2: Select ADA

Once you have created an Anycoin Direct account, you are able to buy Cardano. Just select the ADA amount you would like to buy and our interactive flow will guide you through the process. Select your preferred payment method (iDeal, Bancontact, Creditcard, SEPA, Giropay or SOFORT), enter your wallet address and you will receive your Cardano ADA in a matter of minutes.

Step 3: Trade Cryptocurrency

You are now able to buy, sell and trade Cardano (and any other cryptocurrency) whenever you like. It’s that easy!

The beauty of crypto is the principle of ‘Be your own bank’. That is why we advise everyone to use a cryptocurrency wallet where you are the owner of the private key. We understand that this can seem quite confusing at times. Therefore we have created a guide regarding all the Cardano wallets that we recommend.

Let’s take a look at all the different wallets there are, so that you can select the one that suits you best.

Online wallets

Online wallets are the most common wallets for cryptocurrency. There are online wallets that are dedicated to Cardano, but also wallets that can store multiple currencies. Please make sure that you select a wallet where you are the owner of the private key. As the saying goes, not your keys not your wallet.

Software / Mobile wallets

As mobile phone usage increases, so does the use of mobile wallets. Many cryptocurrency applications that you can download, have the ability to hold multiple cryptocurrencies. Again, make sure that you download a safe option where you are in control of your private key. The downside of mobile wallets is, of course, the fact that mobile phones could break or be stolen. Make sure to store your key-phrase somewhere safe.

Hardware wallets

The best way to store your ADA is through a hardware wallet. An hardware wallet like Ledger or Trezor is a physical device which you can connect to your computer of tablet. Via a program on your computer/tablet you can access the hardware wallet. The hardware wallet is secured via a seed-phrase and a pincode. The downside of a hardware wallet? Although it is the safest way, it is also the most expensive possibility.

The price of Cardano is determined through multiple factors. The most logical one is, of course, supply and demand. The more people that want to buy, the higher the price of ADA will go. In cryptocurrency there is also a saying that goes: buy the rumor, sell the news. Traditionally, the more positive news a coin has, the higher the price will become.

Another important factor is the actual roadmap of Cardano. What lies ahead in the future. Are there any updates planned? Will extra features be implemented? Positive developments determine the price of Cardano as well.