Cardano is a decentralized public blockchain for the “transfer of value” with an open source. The platform aims to provide more complex functions than previously developed protocols. This is a platform of blocks, which is developed on the principles of scientific philosophy and the approach based on research. The team builds the project in a highly secure programming language called Haskell. The team of developers includes the experts of engineering for the most part and also various researchers from different countries.
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Cardano’s technology is aimed at realizing the new economy on the principles of democratization, decentralization and support of the developing market. It must execute smart contracts and applications in a secure and cheap way.
How to buy cardano?
The first way to buy Cardano is through exchangers on the Internet.
They allow you to convert fiat money into virtual or vice versa, modern exchangers support multiple payment methods. Here you can buy cardano cryptocurrency using credit or debit card, PayPal, other electronic payment methods.
These exchangers charge a certain commission for their service, which can reach sometimes 5-10 percent. The exchangers (where it is almost always possible to buy cardano) are not the most profitable places. But the process itself is very simple and intuitive. From the exchangers Cardano will be credited directly to your wallet, so you need to install the client application in advance and create your personal wallet. This method is suitable if you are a beginner and are curious where can you buy cardano. This way is suitable for those people who buy cryptocurrency and want to invest for a long-term, rather than to conduct an active trade.
The main drawback of this method now is a small number of reliable exchangers. You can easily run into scammers. Therefore, if you still decide to buy cardano in this way, we advice you to choose the exchange services very carefully. In our ranking, there are collected only the trusted exchangers And the testimonials of our visitors will help you determine where to buy cardano coin.
How to buy cardano coin on the stock exchange?
Deals in the sale and purchase of the mentioned currency can be conducted at a specialized exchange, where the transactions with cardano can be processed.
How to buy this way? To do this, you need to create an acount at the exchange, verify your identity, replenish your account with money from VISA or MasterCard, or electronic money. Next, you need to create an order indicating the desired number of coins of Cardano and the price that suits you. If there is a person who wants to sell the Cardano at the right price, a deal will be made.
By the way, on such stock exchanges the rates are slightly more profitable than in the exchangers. But there are also separate commissions for the replenishment of the deposit and withdrawal of funds to your wallet. This method is the best for those who plan to be engaged in trading and from time to time transfer funds to another cryptocurrency in order to increase profits.
On our website you will also find ratings and testimonials about the stock exchanges. Do not trust exchanges with the low ratings, even if they have very low commissions. After all, when working with the exchange, your financial means are under their complete control. So if you run into an unscrupulous exchange or the exchange is hacked, then you can loose all your savings.
When you buy cardano coin in person
The purchase of the Cardano cryptocurrency in person from an ordinary seller directly has its pros and cons. To do this, you must independently negotiate a deal or find a vendor on services such as Local bitcoins. To conduct the transaction you need to meet the seller in person. Just in case, tit is better to choose for this the crowded places. In a case with this method, the buyer, first, transfers the money, and after that the seller transfers the Cardano coins. This sequence is due to the fact that it is impossible to cancel the transaction of the transfer of Cardano coins, if for any reason the buyer refuses to buy this cryptocurrency.
This method is now practically not used without special need due to its insecurity. It is a very high risk of being deceived in case of this kind of deal. Use this method if you are 100% sure of your transaction partner. Basically people who work illegally buy or sell Cardano coins with cash in person, some people just want to remain anonymous for the other reasons.