Best 6 Cardano Exchanges in 2024

This article sheds light on the best 6 Cardano (ADA) exchanges. All of these platforms have been highly rated for their security measures and offer competitive fees for buying and selling ADA coins.

Author: Alex Waick   -   Last updated: 19/03/2024
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Cardano (ADA) is becoming one of the hottest cryptocurrencies on the market, and it’s no surprise that investors are looking for the best Cardano trading platforms. There are a variety of different platforms available, each offering unique features and services. This article will provide an overview of the best 6 Cardano (ADA) exchanges, including their pros and cons, fees, security measures, liquidity, and more.

Top 6 Best Places to Buy Cardano (ADA) in 2024

  • Min Deposit: $200
  • Number of Coins: 20+
  • Supports Multiple Languages
  • Regulated by FCA, ASIC & CySEC
  • Paypal, Debit & Credit Card Accepted
BankGiro PayMastercardNetellerPayPalSkrillUnionPayVisaYandex
Visit eToro

Capital At Risk

  • Min Deposit: 20 $£€ By Credit Card
  • Number of Coins: 26+
  • Regulated by FCA, CySEC, ASIC, & SCB
  • Place Buy & Sell CFDs Orders
  • Low Minimum Deposit

80.84% of retail CFD accounts lose money

  • Min Deposit: 1 $£€
  • Number of Coins: 50+
  • Regulated by SEC, & FinCEN
  • Place Buy & Sell CFDs Orders
  • Low Minimum Deposit
Visit Coinbase

Capital At Risk

  • Min Deposit: 1 $£€
  • Number of Coins: 1500+
  • High Number of Coins
  • Accepts Fiat Deposits
  • Trade on Spot and Futures
Visit Binance

Capital At Risk

  • Min Deposit: 50 $£€
  • Number of Coins: 9+
  • Free deposits / withdrawals
  • High limits for buying bitcoins with a credit/debit card
  • Service available in many countries
Visit Coinmama

Capital At Risk

  • Min Deposit: 1 $£€
  • Number of Coins: 50+
  • Highly transparent exchange
  • Competitive Bitcoin trading fees
  • Highly secure
Visit Kraken

Capital At Risk

How to Buy Cardano (ADA) Instantly in Three Quick Steps

Step 1: Create an account

Almost every exchange platform requires you to create an account before you start buying Cardano. The platforms deliver different user experiences, so you can start by identifying one that is reputable, and creating an account with it. Most of them require identity verification, so be ready to provide the details. Identity verification is important, more so if you want to buy Cardano with fiat.

Step 2: Fund account

After creating and verifying your account, it’s time to deposit funds into it. Some exchanges allow crypto deposits, in which case you use a cryptocurrency like Bitcoin to buy Cardano. If you want to buy using fiat currency various payment methods are available for you based on your country of residence. Also, different platforms support varying payment options. Some of the most common include eWallets, PayPal, credit/debit cards, and Bank transfers.

Step 3: Buy Cardano (with or without leverage)

Now that you have a funded account with a reputable exchange, it’s time to exchange your funds for some Cardano. You can acquire real coins, and this is what the crypto community regards as buying without leverage. Buying with leverage means you do not buy the underlying coin but the contracts of the crypto derivatives.

In this case, you can trade in Cardano CFDs, futures, and options contracts with leverage. However, some platforms do not support leveraged trades. If you want to buy Cardano with leverage, make sure you create your account with a platform that supports leveraged trades.

Step One
Open A Free Account
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Step Two
Deposit Funds
BankGiro PayMastercardNetellerPayPalSkrillUnionPayVisaYandex
Step Three
Buy Cryptocurrency
Buy Now

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What to Look for in a Cardano Trading Platform

Before we list some of the best Cardano trading platforms, here are some of the things to look for in a Cardano Trading Platform;

  • Transaction Costs: Exchange platforms charge users fees and commissions, but the amount differs from one to another. Before settling for a platform, make sure you know the types of fees and any other associated costs. You can compare them from several platforms and sign up where there are fewer costs.
  • Reputation and Security: You want to work with a platform that can guarantee the safe custody of your Cardano. Hence, you need to assess how secure the different platforms are before signing up. Confirm the type of wallets used and how the exchange holds its reserves. Also, look for reviews of different exchanges and only create an account and start trading with a reputable platform.
  • Available Payment Options: Most exchanges and brokerages have a couple of payment methods, but it’s good to confirm that both the exchange and your country support your option. Payment methods also vary in deposit and withdrawal fees and minimum deposit amounts, so make sure you are exploring your most suitable option.
  • User Interface: Of what use is a platform you can barely get through the account creation and verification? The ideal Cardano trading platform is user-friendly. Otherwise, it could be confusing and render an unpleasant experience. You can try out different exchanges before finally buying Cardano. Platforms providing demo accounts can be great to try and get first-hand encounters with them, but you can still check out their user reviews.

1. eToro – Best Platform for Social Trading

Available Coins: 20+
Margin Trading: YES
Minimum Deposit: $200
Visit eToro

Capital At Risk

The eToro trading platform is a cryptocurrency brokerage that has been live since 2007. It is a popular exchange platform for digital currencies like ADA and supports traditional investments like shares and foreign exchange. It carries a range of features that make it our go-to platform for acquiring Cardano. For instance, if you are new, eToro provides you with a free demo account, plus it will allow you to buy real ADA coins or trade crypto derivatives.

The platform has a great user interface, and you can easily create and verify your account, and verification is compulsory for most countries. The deposit and buying limits vary significantly depending on the country, but most countries’ standard minimum first deposit amount is $200. For others like Algeria, the minimum amount is $5,000, while US residents can start at $50. The payment options are varied and may also determine your minimum deposit amount. For instance, all deposits made via bank transfers must start at $500, including US residents. Other payment methods supported include eWallets, PayPal, credit cards, debit cards, iDeal, Rapid Transfer, and online banking options like Trustly.

eToro is highly regulated and has the licensing of the AISC and Cyprus SEC. Therefore, you can confidently buy your ADA coins on eToro and hold your coins on the free inbuilt wallet.

The Pros and Cons of Buying Cardano (ADA) on eToro


  • You can trade real coins or Cardano CFDs
  • The FDIC insures deposits
  • Deposits on eToro are free
  • Users get a free demo account


  • Platform charges a conversion fee since it only has the US dollar as its base currency
  • Advanced support is only available to the members of the eToro club
  • Significantly high minimum deposits for some countries

Here’s our full eToro review 2024 for more information.

How to Buy Cardano (ADA) on eToro Step by Step

  1. Visit the platform’s website and select ‘Join Now.’
    eToro webpage
  2. Fill in the details to complete the account creation and verification process.
    Register at eToro
  3. Log in to your new account and click on ‘Trade Markets.’ Select ‘Crypto’ and choose Cardano (ADA) from the list.
    Select Cardano (ADA) to trade
  4. Customize your trade by specifying the amount of ADA you want to buy and Open the trade.
    Select amount of Cardano (ADA)
  5. Select a payment method and fund your account, then authorize the trade.
    Fund Account to buy Cardano (ADA)

Note: Credit card users must ensure that the names on the cards match the names used to open the account. eToro stores your Cardano on their inbuilt wallet, but you can move your coins to the eToro wallet app and then to third-party wallets. 

2. – Best Cardano CFD Trading Platform

Available Coins: 26+
Margin Trading: Yes
Minimum Deposit: 20 $£€ By Credit Card

80.84% of retail CFD accounts lose money

You can trade Cardano CFDs at any time on It is a reputable platform that supports only cryptocurrency CFDs, allowing you an opportunity to profit from Cardano price movements on both sides. The platform uses a one-click technology that guarantees fast execution speeds. In addition, users have the option of making cash deposits or trading Cardano CFDs on margin.

The account creation process is easy, and you will get through in minutes, but all users must verify their accounts. You will have three account types to choose from, plus you can try the platform out with up to ten demo accounts. Users can also have a similar number of live accounts, but each must have a different currency.

The minimum deposit amounts are generally low and start from $20 for eWallets. However, if you choose bank transfer as your payment option, your minimum becomes $250. Alternative deposit methods include cards, eWallets, Apple Pay, Trustly, Giropay, and iDeal. The maximum deposit depends on the account you have, whereby the Standard plus accounts have a maximum of $3,000, while the Premier account has a maximum of $10,000. is a regulated cryptocurrency brokerage authorized by Cyprus Securities and Exchange Commission and the Financial Conduct Authority. So sign up and start speculating on the ADA/BTC trading pair.

Pros and Cons of Buying Cardano (ADA) on


  • has an ideal customer support
  • Provides users with different account types plus ten demo accounts and ten live accounts
  • The platform uses excellent technology with a great user interface
  • Competitive trading fees plus fast order execution


  • You cannot trade Cardano CFDs in the UK or the US
  • Leverage trades on may be unattractive to professional traders
  • has limited trading pairs

Here’s our detailed review 2024 for more.

How to Buy Cardano (ADA) on – Step-By-Step Guide

  1. Visit’s official website and select ‘Trade Now’ to set up and verify your trading account. homepage screen
  2. Log in to your new account and select ‘Deposit.’
    Deposit to buy Cardano (ADA)
  3. Choose a payment method, specify the amount you want to pay, and proceed with the prompts.
    Choose Payment Method
  4. Find the Cardano CFD trading pair on the dashboard.
    Find Cardano (ADA) Trading Pair
  5. Decide whether to go long or short and customize your trade with your amount, maximum leverage, and the risk management tools like the stop-loss order and take profit points.
    Buy Cardano (ADA)
  6. Review the trade before confirming its execution.

3. Coinbase – Best Cardano Exchange for Beginners

Available Coins: 50+
Margin Trading: No
Minimum Deposit: 1 $£€
Visit Coinbase

Capital At Risk

The Coinbase crypto exchange is one of the largest and earliest cryptocurrency exchanges. It launched in 2012 and has grown to become a reputable crypto-to-fiat exchange supported in 100+ countries. It has separated its platform to fit both beginners and seasoned traders. Newbies can trade Cardano using the main exchange, while institutional and professional traders can use the Coinbase PRO.

Creating an account on Coinbase is a straightforward and quite beginner-friendly process. It’s the ease of use that makes us rank Coinbase as the best platform for beginners. Once you create and verify your account, you only need to deposit funds using the various supported payment options such as PayPal, credit card, debit card, eWallets, Faster Payments and SEPA for UK clients, Bank ACH for US residents, Sofort and iDeal for European customers, and Bank transfers for other countries.

The deposits are free of charge, but the exchange imposes transaction fees based on the amounts involved in a transaction and country of residence. However, minimum deposits are pretty low at $50, and users can buy Cardano worth as little as $2. Thus, you can safely trade Cardano on this US SEC-regulated exchange.

Pros and Cons of Buying Cardano (ADA) on Coinbase


  • Deposits on Coinbase are held securely on cold wallet storage and are insured by the FDIC
  • Coinbase has low minimum deposit requirements
  • Users get a free mobile wallet app
  • The platform has an excellent user interface


  • The platform does not support anonymous purchases
  • There are concerns about the platform freezing of deposits and closure of accounts
  • You cannot trade in crypto derivatives like Cardano CFDs

Check out our comprehensive Coinbase review 2024 for more information.

How to Buy Cardano (ADA) on Coinbase Step by Step

  1. Visit the Coinbase website and click on ‘Create Account’ to start your account creation and verification.
    Register account at Coinbase
  2. Log in and go to the ‘Portfolio’ and click on ‘Deposit Funds.’ A range of applicable payment methods will appear. Choose one and proceed with the prompts that follow to deposit.
    Deposit Funds to buy Cardano (ADA)
  3. Find the ‘Buy/Sell’ icon at the top right corner of your dashboard and click on it, then choose Cardano from the list that appears.
    Select Buy/Sell Cardano (ADA) at Coinbase
  4. Customize your trade with the amount.
    Select Amount to buy Cardano (ADA)
  5. Click on ‘Buy Cardano Instantly’

Note: Your Cardano will remain on the exchange’s wallet, but you are free to move them to the Coinbase wallet app or third-party wallets.

4. Binance – Best Cardano Exchange for Low Trading Fees

Available Coins: 1500+
Margin Trading: YES
Minimum Deposit: 1 $£€
Visit Binance

Capital At Risk

The Binance crypto trading platform has a host of exciting characteristics that make it an ideal platform for acquiring Cardano. First, it is the best platform for low fees, plus it supports both actual coins and such derivatives as Cardano CFDs and futures contracts. Second, it is supported in 200+ countries, meaning you can access it from nearly everywhere across the globe. Finally, Binance also runs a peer-to-peer trading platform.

Creating an account on Binance is simple. However, you cannot make deposits directly on Binance using the options commonly used on other exchanges and brokerages. It is a crypto-to-crypto type of exchange and thus only accepts crypto deposits directly. Users can, however, still use fiat payment methods via the recently launched P2P platform, using methods like PayPal, credit card,  debit cards, eWallets, and Bank transfers. You can also use third-party exchanges like MoonPay and Simplex to buy Cardano on Binance via these payment options.

The minimum deposit amount and the fees you pay will depend on the third-party exchange you choose. However, it generally starts from $150, although you can make purchases worth as little as a dollar. For the direct crypto deposits and withdrawals, Binance doesn’t charge a cent. It also supports Cardano anonymous purchases and provides a free inbuilt wallet, but the platform is still in the process of becoming a fully regulated exchange.

Pros and Cons of Buying Cardano (ADA) on Binance


  • Provides users with a free inbuilt wallet
  • Does not charge for crypto deposits and withdrawal
  • Allows users to trade real Cardano and Cardano futures and CFDs
  • Binance has a responsive support team


  • It does not support direct fiat deposits
  • Binance is still unavailable in some US states
  • There have been reports about the exchange being a little complex for a beginner

Our complete Binance review 2024 has all the information you need to get started.

How to Buy Cardano (ADA) on Binance Step by Step

  1. Go to the Binance website and click on ‘Register Now.’ If you are a US resident, use the Binance US website.
  2. Create and verify your account for you to be free to trade over 2 BTC worth monthly.
    Create Account at Binance
  3. Log in to your new account and proceed to ‘Buy Crypto.’
    Buy Cardano (ADA) at Binance
  4. Fund your account with another cryptocurrency or select ‘Third-Party Exchange’ under the ‘Buy Crypto’ icon for you to be able to buy Cardano via an integrated exchange like Banxa or Paxos.
    Select Funding channel at Binance
  5. Find your preferred crypto on the dashboard and place your limit buy or market orders.

Note: The platform will store your Cardano on Binance’s inbuilt wallet, from where you can transfer them to a third-party exchange or a wallet.

5. Coinmama – Best Cardano Exchange for Fast Transactions

Available Coins: 9+
Margin Trading: No
Minimum Deposit: 50 $£€
Visit Coinmama

Capital At Risk

CoinMama is a one-of-a-kind platform that is neither a cryptocurrency exchange nor a brokerage. Instead, it is an instant-buy platform, meaning it allows users to buy Cardano instantly. The platform started in Israel in 2013 and has grown to serve a current population of close to 3 million users spread across over 190 countries.

Creating an account on CoinMama is a simple process, and verification is mandatory. Users have various payment options to choose from, including paying with credit card, debit card, Bank Transfers, and eWallets like Google Pay and Apple Pay. Your account’s verification level determines the minimum deposit amounts. At the same time, the transaction fees are usually a 5.5% charge on top of the processing fees charged by your preferred payment service.

The platform does not provide an inbuilt wallet, so you need to find a Cardano wallet before you can begin the process of buying Cardano on CoinMama.

Pros and Cons of Buying Cardano (ADA) on CoinMama


  • CoinMama allows you to buy Cardano almost instantly
  • Highly responsive customer support
  • Excellent user interface
  • High buy limits for verified accounts


  • CoinMama does not provide an inbuilt wallet or a wallet app
  • You can only buy but not sell Cardano on CoinMama
  • The 5.5% transaction cost is a little high

How to Buy Cardano (ADA) on Coinmama Step By Step

  1. Sign up with the CoinMama website and choose to create an account. Complete the account creation process, including the email verification.
    Register at Coinmama
  2. Confirm your identity by providing the platform with a selfie and a copy of your identification document.
  3.  Log in to your new account and select Cardano from the drop-down list. Enter the amount you want to commit to the trade.
    Buy Cardano (ADA) at Coinmama
  4. Provide the wallet address where you intend to store your Cardano.
    Enter Wallet Address to Transfer Cardano (ADA)
  5. Choose your preferred payment option.
    Choose payment method to buy Cardano (ADA)
  6. Confirm the details and click on ‘Send.’

Note: The platform will deposit your Cardano in the wallet address you provided.

6. Kraken – Best Exchange for Cardano Safe Storage

Available Coins: 50+
Margin Trading: YES
Minimum Deposit: 1 $£€
Visit Kraken

Capital At Risk

Founded in 2011 in the US, Kraken is inarguably one of the oldest cryptocurrency exchanges. The platform has a unique commitment to ensuring the security of the digital assets of its customers, positioning it as one of the best exchanges for the safe storage of crypto coins.

You can trade real Cardano coins on Kraken or still trade in Cardano futures contracts with attractive leverage of up to 50 times. The platform is currently available in over 180 countries, including 48 US states. You can easily create and verify your trading account by following their straightforward process. New users can also take advantage of the free demo account provided.

You can buy Cardano with credit card or debit card on Kraken. You can also but cardano with Bank Transfer, PayPal, and eWallets like Skrill and Neteller. The deposits are entirely free, and you can start buying Cardano for as little as $10. However, transactions on Kraken attract a 1.5% fee, plus the amount charged by the payment processor service used. Professional and institutional traders have the option of using the Kraken PRO, which guarantees instant trades. Kraken PRO, however, attracts maker-taker fees that depend on your 30-day trading volume but typically range between 0% and 0.26%.

Kraken is a highly regulated platform by different agencies spread across the world. It is authorized by FinCEN in the US, FCA in the UK, and FSA in Japan. Other bodies in Australia and Canada also regulate it. So comfortably buy Cardano on Kraken and have your assets stored securely in their free inbuilt wallet.

Pros and Cons of Buying Cardano (ADA) on Kraken


  • Kraken integrates several security measures to ensure the safe storage of tokens
  • It has a great user interface and appeals to both beginners and professional traders
  • The platform publishes its reserve audit reports
  • Allows you to trade real Cardano and derivatives


  • Kraken is claimed to have a poor customer support
  • Deposit and withdrawal options are limited
  • The verification process is a bit slow

How to Buy Cardano (ADA) on Kraken Step by Step

  1. Go to the Kraken website and select ‘Get Started’ to open your account.
    Create Kraken Account
  2. Decide your preferred verification level and provide the necessary documents.
    Verify and select account type
  3. Fund your account.
    Fund Account to buy Cardano (ADA)
  4. Check your dashboard and decide if you want to place a market order or a limit order for Cardano.
    Select Order and buy Cardano (ADA)

Note: Your Cardano coins will remain on the platform’s inbuilt wallet, but you can move them to third-party exchanges or wallets.

Other Ways of Getting Cardano (ADA)

Our guide details some of the most popular ways of acquiring Cardano, including buying from exchanges and brokerages, peer-to-peer platforms, and ATMs. However, there are still other easy ways through which you can own some Cardano. Here is a look at some of them.

Gift or Tips

People issue gifts on so many occasions and for different reasons. While gifts can be in the form of physical goods, fiat money has also been sent as a gift, and so the rise of digital currencies like Cardano means they are also applicable. You could, therefore, receive some ADA as a gift or tip from friends, family, or colleagues.

Cardano Faucets

Faucets are not a new thing to the online community. They are usually pop-ups on websites and mobile applications that ask people to complete certain tasks and receive incentives. The incentive can take different forms, including a digital asset like Cardano.

Accepting Cardano as Payment for Goods and Services

Aside from paying for Cardano through fiat or other cryptocurrencies, you could also provide a good or service and request to be paid in Cardano.

How can You Use Cardano (ADA)?

 HODL as a speculative asset

As mentioned earlier in this guide, holding is one of the most popular and straightforward ways of investing in Cardano. You store your Cardano in a secure wallet for a long duration, waiting for its price to rise eventually and sell at a profit.

 Trade the altcoin

Trading cryptocurrencies is one of the main reasons why people are joining the crypto space. Cardano is one of the cheapest and most promising coins. It is also listed on multiple exchanges, so anyone can acquire ADA and use it to trade.

 Pay for goods and services

Digital currencies like Cardano are fast, more secure, and cheaper to use for paying for goods and services. Moreover, Cardano is accepted across different merchant enterprises, and you can use it to make payments. For instance, if you visit Tamura, a Japanese restaurant, you can pay for their services with ADA.

Today, many charitable organizations are accepting digital currency donations. So if you own some Cardano, you can use them to donate to charity the next time you feel like rendering some financial assistance.

 Tip or gift to acquaintances or content creators online

We all have sent or received a gift at some point in life. While you can receive a gift in the form of Cardano, you can also send a friend, relative, or colleague a gift in ADA. Content creators on social platforms also ask for support for their work, and some provide wallet addresses that can receive Cardano.


Cardano (ADA) is one of the most popular and valuable cryptocurrencies available today. As the demand for ADA has grown over the past few years, it is important to choose a trading platform that provides reliable services and features. We have presented the best 6 Cardano (ADA) trading platforms in this article, each offering various advantages such as low transaction fees, multiple payment options, high liquidity, advanced security protocols and more. With these options to choose from, you can find a platform that suits your needs as an investor or trader. How about you settle for one and get down to business?

Frequently Asked Questions (FAQs)

There is a lot of controversy surrounding the digital currency ADA and whether or not it is a good investment for the future. Critics claim that the coin is too centralized and that its technology is not yet mature enough to be viable in the long term. Supporters argue that ADA has immense potential and that its current price is a bargain. Only time will tell which side is correct.

It depends on a variety of factors, including your financial goals and investment objectives. However, if you’re looking to invest in Cardano (ADA), you should first understand that it is a fairly new cryptocurrency project. That means there’s more risk involved than with established coins like Bitcoin or Ethereum. However, Cardano also offers the potential for greater rewards – if the project succeeds, ADA could see significant growth in value.

There are a few reasons why Cardano is relatively cheap compared to other cryptocurrencies. One reason is that it is still relatively new and hasn’t been around as long as some of the other more established coins. Another reason is that it hasn’t been supported by as many exchanges and wallets as some of the other coins, which makes it less accessible to people wanting to invest. Lastly, the team behind Cardano has been very conservative in their approach, which has resulted in slower adoption compared to some of the more frenetic projects in the space.

On the one hand, Cardano is a fairly new cryptocurrency, and so there’s no telling whether its value will hold in the long run. On the other hand, many experts believe that Cardano has great potential and could see significant growth in the years to come. At the end of the day, only time will tell whether Cardano is a good investment or not. However, if you’re looking for a cryptocurrency that has great potential and room for growth, then Cardano may be worth considering.

No one can predict the future, but some believe that Cardano has the potential to become one of the top cryptocurrencies in terms of market capitalization. Some even believe that it could eventually surpass Bitcoin. While this is admittedly speculative, no one really knows.

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