Where to buy Cardano as ADA consolidates near $2 region

Where to buy Cardano as ADA consolidates near $2 region

By Puskar Pande - min read

The Cardano token is currently trading at $2.23 at the time of writing. The token has been trading sideways between a very narrow range of $2.12—$2.23 for the past week and the coin could rally soon if the bulls decide to start a rally. The Cardano network has come up with a lot of announcements which could help in pushing its price to new highs.  

How & where to buy Cardano in the UK and elsewhere

Cardano is a popular cryptocurrency and wisely available on most crypto exchanges/brokers. If you’re interested in trading ADA, then you will need to create an account on a crypto exchange/broker platform. Provide a username, password and email address to create an account. Then, verify the account by submitting copies of your passport and utility bill. Once done, simply deposit funds and start trading. 

It is recommended that you avoid using decentralised exchanges as they are not regulated. For your benefit, we have researched the market and selected two of the best platforms for trading. 

Plus500

Plus500 is a leading provider of Contracts for Difference (CFDs), delivering Leveraged trading on +2,000 financial instruments, including Forex, Commodities, Indices, Shares, Options and Cryptocurrencies. CySEC license number (#250/14)

Buy ADA with Plus500 today 82% of retail CFD accounts lose money.

Kraken

Kraken is a San Francisco-based cryptocurrency exchange that allows users to trade various digital currencies. With a strong emphasis on security, Kraken employs cold storage for most funds and offers two-factor authentication (2FA). Its user-friendly interface provides real-time charts and order books, making it suitable for both beginners and experienced traders. Kraken also complies with regulatory requirements in the jurisdictions where it operates.

What is Cardano? 

Cardano is the first token that backs its technology on peer reviewed scientific research. The Proof of Stake network recently enabled smart contracts on its platform. The network is decentralised and has a strong governance structure where power is in the hands of the users. The Cardano network has gained a lot of popularity among crypto investors. 

Should I buy ADA today?

The Cardano token has seen many strong rallies in the past and the early holders of ADA could see handsome gains in the future if the token sees an upsurge in price. 

A rise in volumes could push the price of the token towards the $3 level and the coin could then target new highs. 

This article is informational only—none of the contents should be construed as financial or investment advice.