How To Buy Cardano (ADA) With PayPal, Credit Card, Debit Card & eWallets

This is a beginner’s guide on how to buy Cardano instantly. You’ll also learn how to use different secure payment methods accepted by most platforms, like PayPal, credit cards and more.

Author: Alex Waick   -   Last updated: 19/03/2024
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This article will tell you how you can buy Cardano in different ways like Paypal, credit card, debit card, and bank wire. It also includes other additional details like the pros and cons of buying Cardano.

Cardano is known for providing scalability and security through its unique layered architecture design. As a result, people can use its cryptocurrency, ADA, to send and receive payments while guaranteeing fast and secure direct funds transfers, securing a place as the future of money.

Best 6 Platforms 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 crypto 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

Capital At Risk

How to Invest in Cardano?

The conventional investment market provides players with multiple investment strategies, and so do cryptocurrency markets. Now that you have a picture of Cardano’s price trends and what can cause its price changes, let’s see the different strategies you can use when including ADA in your portfolio.

Buy and Hodl (Long-term)

Are you confident that the price of Cardano will be high in the future? Then buying and holding is a great strategy for you. The crypto community refers to it as HODLing, which is just slang derived from the misspelling’ hold.’

The strategy only requires you to buy ADA coins and store them in your wallet for the long term. It’s one of the easiest cryptocurrency trading techniques since it does not consume much of your time as you do not spend hours analyzing cryptocurrency charts.

Cardano CFD Trading (Speculate on the movement whether it’s up or down)

You can trade Cardano without actually buying the coin. Some platforms support the crypto derivatives such as Cardano CFDs, allowing you to margin trade with leveraged cash.

The trader speculates the price movement of Cardano and chooses a side, then earns or losses based on the real outcome. Buying Cardano contracts for difference allows you to enter a trade with less capital compared to the amount required when trading real Cardano. Please note, however, that Trading CFDs can be extremely risky and may result in losses that exceed your initial deposit. Before deciding to trade CFDs, you should carefully consider your financial objectives, level of experience and risk appetite.

Day Trading with Cardano

Day trading is for investors who can be actively involved in the trades. It involves acquiring Cardano and holding it for the shortest duration possible. The investor completes multiple trades within a day, ensuring that there are no open positions by the close of the day. The trader typically waits for the prices to move and sells when they start to profit, meaning you have to actively monitor ADA price movements. You can also dispose of your coins if the value begins to fall to avoid accruing further loss. The fast ADA transaction speed and the negligible fees make day trading an ideal strategy for trading ADA coins.

How to Buy Cardano with a Credit Card or a Debit Card

There are many upsides associated with making payments with a credit card or a debit card payments on crypto exchange platforms, and this makes them one of the most preferred payment options. For instance, when making a credit card payment or a debit card deposit it will be free on the eToro trading platform Which makes it the cheapest way to buy Cardano.

How to Buy Cardano ADA with a Credit Card in 3 steps:

  1. Choose an Exchange: The first step in buying Cardano with a credit card is to choose an exchange that supports credit cards. Popular exchanges that support this payment option include eToro, Coinbase, Binance, and Kraken.
  2. Sign Up and Verify Your Account: Once you’ve chosen an exchange, you will need to create an account and verify your identity. The verification process is usually done by providing a valid photo ID and proof of address.
  3. Buy Cardano with Credit Card: Once you’ve created an account and verified your identity, you can proceed to Buy Cardano with a credit card. You will need to provide your credit card details and pay a processing fee. After the transaction is completed, the purchased Cardano will be added to your exchange wallet.

If you want to Buy Cardano in the USA with eToro, you should know that US residents can deposit from as low as $50, although the minimum deposit is normally $200 for first-time deposits.

How to Buy Cardano with PayPal

Initiate the transaction to buy Cardano with PayPal: Once you have chosen the amount of ADA you want to purchase, you can then initiate the transaction using PayPal. Enter the amount of ADA you want to buy, along with your PayPal credentials (username, password, etc.), and then confirm the transaction. Once the payment has been completed, the ADA will be transferred to your exchange wallet.

How to Buy Cardano ADA with PayPal in 3 Quick Steps:

  1. Sign Up For a PayPal Account: Before you can buy Cardano with PayPal, you will need to sign up for a PayPal account if you don’t already have one. Go to the PayPal website and click “Sign Up” to register.
  2. Set Up a Crypto Exchange Account: Once you have a PayPal account set up, you will need to find a cryptocurrency exchange that accepts PayPal payments. You can research different exchanges online and read reviews to find the one that best suits your needs. There are some exchanges that allow you to Buy Cardano with PayPal, including eToro, Paxful, and LocalBitcoins.
  3. Buy Cardano With PayPal: Once you have registered at the crypto exchange, you can purchase Cardano with PayPal by selecting the “Buy” option. Enter the amount of Cardano you want to buy and confirm the transaction. The Cardano coins should be available in your exchange wallet shortly after.

How to Buy Cardano with eWallets (Skrill, Neteller)

eWallets have become a go-to option for making deposits on exchanges because they are easy to use and accessible at any time when needed. Further, some platforms allow users to deposit for free using popular eWallets like Neteller and Skrill. The only expense you are likely to incur is the conversion fee if using another currency besides the US dollar. Transactions are free and instant, so you can deposit and start trading Cardano or Cardano derivatives in minutes.

How to Buy Cardano with Bank Wire

You can also buy Cardano on leading platforms like eToro using bank transfers. You just have to go through a long process, but every step is straightforward. Generally, it will take between 3 and 7 days before your deposits reflect on your account. Also, eToro sets the minimum deposit amount with bank wire a little higher than the standard $200. Your minimum deposit will be $500.

How to Buy Cardano Anonymously (Without ID Verification)

Some exchanges allow users to buy cryptocurrencies anonymously. eToro is one such platform so you can comfortably start buying Cardano without going through the account verification process. However, anonymity on eToro comes with a set of restrictions. First, it is only available in select countries, and with limited payment options. Also, users must operate within the buying and selling limit of $2,250 a month.

What are the Pros and Cons of Buying Cardano (ADA)?


  • Cardano is affordable and has great growth potential:  ADA is one of the most affordable and promising coins to buy today. The Cardano network provides users with a host of services, including the creation of decentralized applications, which are the future of banking and positions ADA as a coin with a high potential to grow.
  • Fast and cheap Transactions: Cardano is often regarded as the Ethereum challenger. One of the things it does better is providing fast and cheap transactions ideal for trading. The network can accommodate more transactions per second to the tune of 1 million tps, plus the cost of the transaction between 0.16 and 0.17 ADA, the equivalent of a penny or two.
  • Ease of access: ADA is a large cryptocurrency that ranks high on Coinmarketcap. The coin is listed on multiple reputable exchanges and brokerages so you can easily access it and trade. Simply choose a platform and acquire your ADA coins.
  • Cardano is eco-friendly: The Cardano network uses the proof of stake consensus algorithm, and thus its mining is sustainable. It does not face the risk of regulation hurdles over environmental concerns.


  • Cardano is still developing: Although the Cardano network and ADA are fully operational, the network is still in the development stage. The network’s smart contracts and token standards are still incomplete.
  • Most ADA coins are staked: As of this writing, over 70% of ADA coins are staked in pools. It creates a scarcity in the amount of ADA in circulation, and this could be the only reason why the coin’s price is rising in 2021.
  • Highly risky: Volatility cuts across the entire industry so Cardano is no exception. The value of a coin can change dramatically within a short span, and this makes investing in any cryptocurrency a high risk.
  • Cardano’s fees could go up: Transaction fees on Cardano are currently low, an indication that there is no high demand for space on the blockchain. However, this could soon change when more smart contracts and decentralized applications start taking shape on the network as they will demand more space.

What do You Need Before You Can Buy Cardano (ADA)?

Your experience trading Cardano depends on different factors like your level of expertise and the exchange you choose. Our Cardano buying guide will give you loads of information about the coin, including how it works and what influences its prices. First, however, there are a few basic things you need before starting your journey with Cardano.

  • A Trading Account: First, you need to decide your trading strategy to help you determine the ideal exchange platform. If you want Cardano CFDs, you will need a platform that supports such derivatives.
  • Cardano Wallet: Most exchanges provide users with a free inbuilt wallet. However, it’s good you get yourself a Cardano wallet storage that guarantees the safekeeping of your ADA. Cold wallet storage will be your best and most secure option if you intend to buy and hold your Cardano. Additionally, day traders may have to choose online wallets for ease of access.
  • Initial Capital: You will need the initial capital just like with any other investment. Cardano is currently inexpensive. You do not need a lot of capital to get yourself a few ADAs, and the transaction cost is also little. It is good you start small and purpose only to invest what you can be ready to lose.

How Much do You Need to Buy Cardano (ADA)?

Generally, there is no standard amount that is required for one to buy Cardano. What you get to pay for the coin depends on several factors. If you want to know how much it will cost you, you need to decide how and where to buy it since each way attracts varying costs. For instance, some platforms will charge you for deposits, while others allow you to deposit for free. You can check the requirements of the different platforms available and see where the costs are favourable.

The payment methods supported by these platforms also have a significant impact on the amount you will need. Most of them have minimum deposit amounts, which still vary depending on your country of residence. For some, it can go as high as thousands of dollars. For example, residents of Israel who want to make deposits on eToro need a minimum initial deposit amount of $10,000.

Other underlying costs will still come into play with some exchanges. It could be commissions or currency conversion fees. Finally, investors must factor in ADA’s price, which also fluctuates due to the normal volatility of the crypto industry. The best time to buy would be when the prices are low, especially if you want to hold.

Where can You Buy Cardano Today?

The crypto space is known to grow at an impressively high pace. In just about a decade, the world is all over the new digital assets, and they seem to be the future of the financial sector. Today, over eleven thousand cryptocurrencies exist globally, and Cardano ranks at the fourth position despite being less than five years old. It takes a high position among the industry leaders like Bitcoin and Ethereum and is thus a coin you can easily get from the most reputable exchanges and brokerages. On brokerages like eToro or a cryptocurrency exchange like Binance, you can buy the actual Cardano coin or trade in derivatives. Accessing Cardano is in no way a pain in the neck, and it’s also available on ATMs, peer-to-peer platforms, and over-the-counter exchanges.

How to Buy Cardano at an ATM?

For those who view creating an account with an exchange and verifying as a tedious process, you have the option of buying Cardano from ATMs. There are no ADA-specific ATMs, but the altcoin was made available on Boinnex by integrating the Cardano wallet. Boinnex customers can now buy Cardano with cash on the network of Boinnex-owned Bitcoin ATMs. Here is a step-by-step guide to buying ADA at ATMs.

  1. Find a Boinnex Bitcoin ATM near you. You could use a mapping service or a Google search.
    ATM locations to buy Cardano (ADA)
  2. On the ATM, select your preferred icon.
    ATM to Buy Cardano (ADA)
  3. Scan your wallet address’ QR code
  4. Insert your fiat currency into the ATM’s bill acceptor
  5. Select ‘Buy.’

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.

What do Reddit & Quora users say about Buying & Investing in Cardano (ADA)?


Lately, there have been allegations that Cardano founder Charles Hoskinson is manipulating the ADA community. Also, some critics argue that ADA has been in development for quite a long time and is still in development. In simple terms, they have been trying to portray Cardano as a dubious scheme by the founder and even labeling Hoskinson as rude and arrogant.

The allegations have been a topic for discussion on Reddit in the past week, and Cardano seems to have some die-hard supporters.

Cardano (ADA) Reviews on Reddit

As seen from the post, the user vehemently defended some of the claims against Cardano and even started with a heading saying Cardano is not overhyped. According to the user, there is no point in calling out Cardano for being still in development since all other crypto coins are still developing, including the Cardano rival, Ethereum.

Cardano (ADA) Reviews on Reddit

On claims about Hoskinson manipulating the Cardano community, the CEO gains defense, arguing that Hoskinson engages the community all the time and that is alright. The user also adds that everything the ADA founder says is always backed with facts.

The long post that received a massive upvote and comments ends with the user expressing positive sentiments about Cardano. The user admits to being excited about the project, saying it has great potential.


The Quora community is much about Cardano’s prices. However, most users seem to have hopes for the coin and believe it will reach a milestone by the end of 2021.

Cardano (ADA) Reviews on Quora

Users began speculating on Cardano early in the year, and some even believed 2021 would be the year the Ethereum challenger would hit $10.

Cardano (ADA) Reviews on Quora

Our Conclusion

Cardano is one of the few blockchain projects that seem to have a bright future with their unique smart contracts and decentralized application capabilities. It is a challenger to Ethereum, the second-largest cryptocurrency, and impressively ranks fourth despite being only four years old.

Although Cardano never saw a significant rise in price, including during the 2017 bull run, it recorded impressive growth in 2021, sparking interest in the coin. The crypto community has been having different opinions about the coin, and so we did a comprehensive guide on Cardano ADA to help you take a position about it.

Our guide captured essential aspects about Cardano from its inception and how it found the name Cardano and ADA, and its trend in prices since the first day of trading on exchanges. Also, we briefed you on the various ways of acquiring the coin, including a list of what we consider the best platforms to buy Cardano and a step-by-step guide. Our article also helps you know the various ways you can invest in Cardano or even use it for other purposes like buying goods and services or donating to charity.

Simply put, this guide briefs you about nearly every aspect of Cardano and places you in a suitable position for making decisions about Cardano.

Frequently Asked Questions (FAQs)

One of the safest ways to buy Cardano is through an exchange like the ones listed above. These exchanges are highly regulated and require KYC (Know Your Customer) verification, so there’s less risk of fraud or theft. They also offer a variety of payment methods, so you can choose the one that best suits your needs.

If you want to buy Cardano (ADA), you’ll need to do so through a cryptocurrency exchange. While there are several exchanges that list ADA, only a few of them allow you to actually buy the currency with fiat currency (i.e. USD, EUR, GBP, etc.). The most popular exchanges that offer this service are listed above. Be sure to check them out.

It depends on your investment goals. If you’re looking for a quick buck, then no, it’s not smart to buy Cardano right now. But if you’re in it for the long haul and you believe in the technology, then go ahead and buy!

Some believe that when Cardano reaches max supply, the price will sky rocket due to increased demand and speculation.Others believe that the price will stay relatively stable, as there is no reason for the price to increase simply because the coin is no longer being mined.

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