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Buy Cardano in the UK
Cardano
ADA
What is Cardano?
Cardano is one of the longest-running Layer 1 alternatives (i.e. the smart contract platforms that emerged after Ethereum).
Conceived in 2015 by Charles Hoskinson, one of the co-founders of Ethereum, Cardano was intended as a specifically commercial version of ETH, as well as one whose development would be shaped by academic research and peer review.
Using a custom Proof-of-Stake consensus algorithm named Ouroboros, Cardano claims to be more distributed, secure and energy efficient than Ethereum – and is the largest PoS coin by market cap.
Cardano has an upper limit of 41 billion ADA tokens, around half of which were sold to investors in the 2017 ICO, with the remainder being distributed to those staking their coins to secure the network. Like ETH, ADA is used to power dApps and pay for transaction costs on the network.
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Buy Cardano instantly using Visa or Mastercard. Get cash in your account quick with Faster Payments Service (FPS). Convert crypto-to-crypto with a single click.How to buy Cardano with CoinJar
Start your cryptocurrency portfolio with CoinJar by following these simple steps.
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TRADE FOR AS LOW AS 0%Frequently asked questions
Why buy Cardano with CoinJar?
CoinJar is one of the longest-running crypto exchanges in the UK and has been designed from the ground up with security and ease-of-use in mind. From the quick and intuitive sign-up process, to our lightning fast bank deposits and withdrawals, low fees starting at 0% (on CoinJar Exchange), and user-friendly iOS and Android app, CoinJar is the ideal crypto exchange whether you’re buying ADA for the first time or an experienced investor.
Where can I store my Cardano?
You can store your Cardano in a hardware wallet or on a trusted exchange. Hardware wallets (such as the Ledger) offer high level security, allowing you to store your ADA offline in a unit that only you have the password for. However, exchanges such as CoinJar also provide excellent security, keeping more than 90% of our Bitcoin in cold storage or private, multi-sig wallets and offering our users next-gen 2FA account protection as default.
Who created ADA?
Cardano was created by Charles Hoskinson, a co-founder of Ethereum.
How to buy Cardano in the UK?
The best way to buy Cardano in the UK is through a trusted exchange like CoinJar. We offer accurate prices, low fees and an easy-to-use, ultra-secure app.
What is the safest way to buy ADA?
The safest way to Buy Cardano is through a trusted exchange with a proven track record. CoinJar is one of the world’s longest-running crypto exchanges and has been operating since 2013 with no unplanned downtime, security breaches or loss of customer funds. We are registered with the FCA UK (for AML purposes) and work with some of the world’s largest payment providers, including Mastercard, Visa, Apple Pay and Google Pay.
Can I buy Cardano with a Credit Card or Debit Card?
Yes – with CoinJar Instant Buy you can buy Cardano with any UK-issued Visa or Mastercard. We also offer support for Apple Pay and Google Pay.
How is the price of Cardano determined?
The price of ADA in GBP is determined by the international Cardano market – basically, the price to be found on cryptocurrency exchanges in the UK and all around the world. These prices tend to be the same (or very close) because any differences are smoothed out by arbitrage traders that buy at one exchange and sell at another.
Does Cardano have a maximum supply?
The maximum supply of Cardano is 45 billion ADA tokens. There are currently more than 33 billion tokens in circulation.
Does Cardano use a Proof-of-Stake system?
Yes, Cardano uses a custom Proof-of-Stake system that allows it to complete transactions at a fraction of the energy cost of a Proof-of-Work blockchain.
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Like all investments, cryptoassets carry risk. Due to the potential volatility of the cryptoasset markets, the value of your investments may fall significantly and lead to total loss. Cryptoassets are complex and are unregulated in the UK, and you are unable to access the Financial Service Compensation Scheme or the Financial Ombudsman Service. We use third party banking, safekeeping and payment providers, and the failure of any of these providers could also lead to a loss of your assets. We recommend you obtain financial advice before making a decision to use your credit card to purchase cryptoassets or to invest in cryptoassets. Capital Gains Tax may be payable on profits.
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