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Cardano For Beginners 7
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Lecture1.1
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Lecture1.2
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Lecture1.3
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Lecture1.4
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Lecture1.5
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Lecture1.6
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Lecture1.7
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Cardano For Advanced 7
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Lecture2.1
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Lecture2.2
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Lecture2.3
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Lecture2.4
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Lecture2.5
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Lecture2.6
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Lecture2.7
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Cardano Quiz 1
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Quiz3.1
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How To Buy ADA
Cardano is still a young project and underdevelopment which is why there are only a few wallet options available for buying ADA.
Once you have chosen the wallet, make sure to locate your ADA address. It’s a very long line of letters and other characters. When you do that, it’s time to pick an exchange.
- CEX.io
You can buy ADA from CEX.io which is a crypto exchange that has both the instant buy option for beginners and can work as an advanced trading platform for the more experienced traders. The exchange allows you to purchase Cardano with a credit card, debit card, or SEPA transfer. If you want to save on fees, it’s better to use the trading platform without the instant buy option.
- eToro
You can also buy ADA from eToro and this is probably the easiest way to get it. Etoro is one of the leading companies in the crypto space which gives users the option to buy and sell many different coins at low fees with plenty of payment options like credit cards, PayPal, or more.
The main thing to keep in mind is when dealing with eToro, is that it can be a little overwhelming when it comes to withdrawing the coins to your wallet. It is easy to withdraw fiat currency though so if you are using it that way, skip the step of getting a new wallet. Also, always have in mind that cryptos can fluctuate in prices and are not appropriate for all investors. Trading crypto isn’t supervised and can be risky especially if you are a novice trader.
- Coinmama
This is probably one of the oldest crypto exchanges out there. It acts like a broker which means it can send your coins without holding them in a dedicated account as most sites do. Coinmama allows you to buy Cardano with a credit card, SEPA, or debit card. The verification is quite fast and the fees are low compared to the competition.
Buying ADA via Binance is a very simple process. Binance is among the biggest exchanges out there and the most popular one as well. On here, you can find dozens of other cryptocurrencies as well. the exchange also added the option to buy coins from its exchange with a debit or credit card.
- Bittrex
Bittrex is a popular US crypto exchange that has a number of coins listed. Here you can buy ADA by trading it for BTC, USD, and USDT. The exchange accepts wire transfers only.
- Cash
There isn’t really a way that you can buy ADA with Cash but you can purchase BTC with cash and then exchange it for ADA on the crypto exchanges listed above.