Buy Cardano in Australia


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What is Cardano?

Buy Cardano (ADA) Australia: Cardano is a blockchain platform that aims, they say, to build a secure, fair and transparent society. It is designed to be a more efficient and sustainable alternative to other proof-of-work networks, such as Bitcoin and Ethereum.

Cardano also has the potential to support smart contracts, decentralised applications, digital identity, and governance. The cryptocurrency or token of this blockchain is called ADA.

History of Cardano

Cardano was founded in 2017 by Charles Hoskinson, who was also one of the co-founders of Ethereum. Hoskinson wanted to create a more scalable and interoperable blockchain platform that could address some of the limitations and challenges of existing networks.

Hoskinson also envisioned a platform that would be based on scientific research and peer-reviewed methods, rather than trial and error.

To achieve this vision, Hoskinson established IOHK, a technology company that develops Cardano and other blockchain projects. He also partnered with Cardano Foundation, a non-profit organisation that promotes and supports Cardano, and Emurgo, a venture capital firm that fosters the adoption of Cardano. Together, these three entities form the core of the Cardano ecosystem.

Charles Hoskinson

Charles Hoskinson, the founder of Cardano, has a diverse range of interests beyond his involvement with Cardano. One of his intriguing ventures is investing in Colossal, a startup with an ambitious mission: Resurrecting the woolly mammoth, the Tasmanian Tiger and the dodo, among other extinct creatures.

In addition to his involvement with Cardano and Colossal, Hoskinson has other ventures, including raising bison and running a health clinic. His diverse portfolio reflects his eccentric and sometimes controversial personality.

Background of Cardano

Cardano is named after Gerolamo Cardano, a 16th century Italian polymath and mathematician. The ADA token is named after Ada Lovelace, a 19th-century English mathematician and computer programmer, who is considered to be the first person to write an algorithm for a machine.

How to buy Cardano?

To buy Cardano (ADA) on CoinJar, follow these simple steps:

Download the CoinJar app: Get the CoinJar app on iOS or Android.

Then, you can create an account. You have to sign up and then verify your ID.

Make a purchase: Buy ADA and multiple other cryptos using cash or credit / debit card.

CoinJar offers various payment methods. You can also convert crypto-to-crypto with a single click.

Why would you invest in Cardano?

Cardano might be a good investment because it has a strong potential to grow in value and adoption.

Cardano has a clear and ambitious vision to create a more inclusive and equitable society, by leveraging blockchain technology to empower individuals and communities.

Cardano also has a long-term roadmap that outlines its goals and milestones for the next decade.

Cardano, like any other cryptocurrency, is subject to high volatility and market fluctuations.

Conclusion: Cardano ADA

Unlike its predecessors, Cardano aims to be a third-generation blockchain — a smart contract platform that combines rigorous academic research with technological innovation.

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Cash, credit or crypto?

Buy Cardano instantly using Visa or Mastercard. Get cash in your account fast with bank transfer, PayID or Osko. Convert crypto-to-crypto with a single click.

How to buy Cardano with CoinJar

Start your portfolio with Australia's longest running crypto exchange with these simple steps.
Step oneSign up to CoinJarGet the CoinJar app on iOS or Android, create an account and verify your ID.
Step twoDeposit funds Transfer funds from your bank account using bank transfer, PayID, Osko, SEPA or Faster Payments.
Step threeBuy your first cryptoBuy Bitcoin and more than 60 other cryptos using cash or credit card.
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Frequently asked questions

What is Cardano (ADA)?

Cardano is a proof-of-stake blockchain platform known for its focus on peer-reviewed research and development.

ADA is its native cryptocurrency. User hold Cardano as an investment or to use the network. It can be bought on cryptocurrency exchanges for fiat currency or other cryptos.

How can I buy Cardano (ADA) on CoinJar?

You can buy ADA on CoinJar by:

Creating and verifying your CoinJar account.

Linking your bank account.

Navigating to the "Buy/Sell" section and selecting ADA.

Entering the amount of ADA you want to buy.

Confirming your purchase.

What payment methods are available for buying ADA on CoinJar?

CoinJar offers several options for purchasing ADA, including bank transfer, credit card, and debit card payments.

Can I buy Cardano (ADA) with Australian dollars (AUD)?

Yes, you can buy ADA with AUD on CoinJar. The platform allows you to deposit AUD from your bank account to fund your purchases.

What are my options for storing my Cardano (ADA)?

You can choose to hold your ADA in your CoinJar wallet or transfer it to an external wallet. For extra security, consider using a hardware wallet.

Can I sell my Cardano (ADA) on CoinJar?

Yes, CoinJar allows you to easily buy and sell Cardano (ADA) and other cryptocurrencies directly from your CoinJar wallet.

What are the fees for buying and selling ADA on CoinJar?

CoinJar's fees for buying and selling cryptocurrencies vary depending on the transaction size and payment method. You can view the detailed fee structure here.

Why should I choose CoinJar over other crypto exchanges?

CoinJar is a reputable Australian exchange known for its user-friendly interface, secure platform, and various features, making it suitable for both beginners and experienced traders.

CoinJar does not endorse the content of, and cannot guarantee or verify the safety of any third party websites. Visit these websites at your own risk.

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