Cardano is ranked the 7th top digital currency, according to market capitalization – such a position makes the asset promising for crypto investors. Coinsbuy enables a user to buy Cardano with a credit card, experiencing the best conditions.
Hong-Kong-based IOHK Company and Charles Hoskinson launched the cryptocurrency in 2014. The asset is based on the Cardano blockchain developed for this crypto intentionally. ADA is a utility token launched within the Cardano system. Developers consider Cardano the cryptocurrency of the third blockchain generation. The team analyzed the blockchains known at that time, aiming to transfer the pros and correct the cons.
The system comprises two layers of the Cardano blockchain. The CSL layer intends to maintain crypto wallets and provide transactions, while the second layer (CCL) supports smart-contracts and decentralized applications.
Cardano’s return on investment index is 567%. This popular digital asset continues to catch investors’ attention. In July 2020, the average number of ADA unique addresses used exceeded 17 000 daily, which is the highest index ever. Furthermore, Cardano daily trading volumes exceeded 3 billion USD in July 2020 – the all-time year high. Investors are interested in such a digital asset, and our platform helps to buy Cardano online with the lowest fees.
How can I Buy Cardano?
Coinsbuy makes the process of ADA tokens purchase straightforward and beneficial. You can buy Cardano with fiat currencies in several steps. Our platform deals with banking cards globally, while the purchase process takes you just a few minutes. Furthermore, Coinsbuy empowers an investor with the ability to hold, exchange, or sell digital assets at any time.
How to buy Cardano with credit card?
The following algorithm is worked on for those wishing to deposit ADA tokens to their account:
- First create an account. This step is entirely free.
- Enter the number of tokens you wish to purchase.
- Specify the fiat currency you are about to sell for digital assets.
- Verify your identity (several steps of authentication are required).
- Confirm the deal.
Where to buy Cardano?
Coinsbuy is a multifunctional platform therefore, users are able to buy Cardano and other cryptocurrencies. Furthermore, you get a safe and secure crypto wallet. Manage your crypto portfolio as you wish to diversify assets, exchange them, send and receive crypto, etc. Coinsbuy charges the lowest fees.
How can I Exchange Cardano?
The platform has top-rated cryptocurrencies listed, therefore, a user can exchange ADA tokens to BTC, ETH, XRP, and other digital assets and vice versa. Lowest fees for exchange transactions help an investor manage his or her digital assets correctly.
How can I Sell Cardano?
A step-by-step guide for selling Cardano includes the following steps:
- Sign in to the platform, entering your login and password.
- Open your Cardano wallet, and specify the number of tokens you wish to sell.
- Select the fiat currency you are about to get in return.
- Enter payment information.
- Undergo the identity verification process.
- Confirm selling transaction.
Where to Sell Cardano?
Coinsbuy is the best platform to both sell and buy Cardano. The platform has partnerships with international payment systems therefore, users get their funds with minimum fees and within the shortest times. The service is compatible with numerous crypto and fiat currencies.
How to Open Cardano Wallet?
Crypto enthusiasts need to sign up for Coinsbuy to open a wallet. Such a process requires a user’s name, date of birth, email address, and password. Note that persons under 18 are forbidden to open a wallet, according to current legislature. The registration process takes about 1-2 minutes.
How to Receive Cardano?
The mass adoption of crypto is getting closer, therefore, cryptocurrencies will be used for both investing and using as a payment option. Users can receive ADA tokens into a Coinsbuy wallet. Open your Cardano wallet and copy the unique address. Based on Blockchain principles, the system generates a unique address every single time. Moreover, all previously generated ones are suitable for sending crypto to your wallet.
How to send Cardano?
Investors buy Cardano with a credit card mostly for exchanging or holding. This crypto as yet is not widespread enough as a payment option (unlike Bitcoins). However, the list of companies accepting ADA tokens is rapidly extending.
When you need to send Cardano, open a wallet, and copy the address to the appropriate field. Note that Cardano addresses start from the ‘A’ letter and contain 59 characters.
Is it safe to buy Cardano?
ADA tokens are among the top-rated assets therefore, millions of investors are interested in the ability to buy Cardano with fiat currencies. Coinsbuy ensures that the the service protected. Furthermore, the platform grants secure access to a user, requiring a two-factor authentication process, although investors should also keep an eye on their passwords and wallet.
How can I Convert/Exchange Cardano?
To exchange your ADA tokens to other digital assets, these steps are required:
- Sign into the platform.
- Open the ‘Exchange’ feature.
- Select Cardano from the list of assets.
- Enter the amount of ADA tokens intended for converting.
- Specify the crypto you need to receive.
- Click on ‘Exchange’ to complete the conversion.
What is the lowest amount of Cardano I can buy?
The price of one ADA token is 0.12 EUR, but investors cannot purchase 1 ADA. Coinsbuy sets limits concerning the minimum deposit amount. When you wish to buy Cardano with a credit card instantly, deposit at least 25 EUR.
What is the maximum amount of Cardano I can buy?
- Daily transactions should not exceed 5 000 EUR (41 670 ADA).
- Weekly transactions should not exceed 15 000 EUR (125 000 ADA).
- Monthly transactions should not exceed 15 000 EUR (125 000 ADA).
- One-time transactions should not exceed 2 000 EUR (16 670 ADA).
- The number of daily transactions should not exceed 10 transactions for one banking card.
What is the Cardano price now?
The price of 1 ADA is 0.12 Euros, but the investing interest in such a token rapidly increasing. Users wish to buy Cardano with a credit card, because since January 1, 2020, the price has already increased by 438%.