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How to Buy Cardano (ADA)

Looking for a decentralized application (dapp) platform that takes a more academic approach to its development? If so, Cardano’s ADA cryptocurrency might be right for your portfolio.


Unlike other platforms for dapps, Cardano prioritizes tight partnerships with academics and universities, and holds its code upgrades to certain mathematical standards and review.

There’s a lot more to learn about Cardano, so we’ve (Kraken) put together a more extensive introductory guide that explains the inner-workings of the platform’s technology and the team behind it.



Why buy ADA?


By buying ADA, investors are attracted to its scientific foundation and think this will help propel the adoption of its technology. Buying ADA also allows you to help operate the network and vote on software changes.


But there are other reasons to consider buying ADA too.



Where can I buy ADA?


There are a number of different places where you can buy ADA. However, you may find that it is easiest to purchase this asset through a trusted global exchange like Kraken.

Kraken offers a wide selection of crypto assets and traditional currencies, with over 100 trading pairs. This means whether you want to sell USD or sell BTC for ADA, we can provide a robust and active global market with deep liquidity.



Where to keep your ADA


Once you buy ADA, you’ll need somewhere to safely store your cryptocurrency.


Kraken is secure, but it’s always safest to store your ADA in a wallet, a software or hardware device that stores the public and private keys required to make crypto transactions.


There are many types of ADA wallets available. Mobile and web wallets can make transactions easy, while hardware wallets are perhaps best suited for secure, long-term storage.


When choosing a crypto wallet for your ADA, first spend some time thinking about what you plan to do with your tokens to find a wallet that fits your needs.



Source: https://www.kraken.com/learn/buy-cardano-ada

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