Cardano price (ADA)

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$0.214706 AUD

Market cap

$6.9B

Volume 24hr

$827.6M

Supply

31.1B ADA

Max supply

45.0B ADA

What is Cardano?

✓ Engineered for efficiency and scalability
✓ Patent-free and open source

The cardano development team state that Cardano is a blockchain platform with ‘more advanced features than any protocol yet [to be] developed, and the first to evolve out of a scientific philosophy.’

Using a research-first driven approach, the platform is being constructed in layers, which gives the system the flexibility to be more easily maintained and allow for upgrades by way of soft forks.

Cardano is home to the ADA cryptocurrency, which can be used to send and receive digital funds.

First there was Bitcoin - which is a blockchain based financial system. Then along came Ethereum - which is a blockchain based Smart Contracts system. Now picture a system that could do both, in a more efficient way - that’s Cardano. The concept of Cardano is to create a blockchain that can perform much better than older blockchains like Ethereum, meaning that it can process more transactions, cheaper transactions, and faster transactions. Cardano is a decentralised, blockchain based system, powered by the ADA coin, the cryptocurrency which runs on the Cardano platform and the unit you’ll have when you decided to invest or buy cardano coin. Cardano claims to be the first cryptocurrency which runs on a scientific peer review, which ensures its safety. The ADA cryptocurrency offers cheap and quick transactions. Cardano is a platform for maintaining the operations of Ada cryptocurrency. The platform is multilayered and gives the system the elasticity to be easily maintained. Does this all sound very appealing to you? Then you may well ask what to do for cardano coin buying. ADA or cardano coin is the digital currency which fuels the Cardano platform and the type of currency you’ll have when you want cardano coin to buy. Cardano’s transactional processes work on the basis of Smart Contracts. These Smart Contracts are, however, more secure than that of other cryptocurrencies, as they are layered and allow very less tampering with the data once entered. Since they are based on blockchain technology, the systems will be decentralised, and not reside with restricted individuals. Once the information is stored, contract executed, or transaction performed, it will be stored permanently in the ledger. As the cardano ADA is not widely available from many cryptocurrency platforms you’ll need to do your research when you wish to buy cardano coin. A few of the major crypto exchanges will be the place to start your cardano coin buy research - but don’t discard some of the more boutique exchanges that may have wonderful customer service while still maintaining the financial services you would want when you buy cardano coin. Once you’ve decided to move forward with cardano coin buying you’ll need a specific cryptocurrency wallet. At present you can only deposit your cardano coins in a Daedalus wallet. However, Cardano aims to become an “Internet of Blockchain,” making it possible for all cryptocurrencies to exist side by side and be converted from one to another without intermediaries. Cardano will also allow users to attach metadata to their transactions if they want to, making the network friendlier to banks and governments.

How do I buy Cardano?

Deposit funds into your Cointree account using our fast and convenient options.
Enter the amount of Cardano that you would like to buy.
Confirm your purchase and Cardano will be instantly delivered to your Cointree account.

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Why is Cointree the best place to buy Cardano?

Easy and convenient

We'll guide you through your first purchase. We offer many deposit methods and like to keep things simple and easy to understand.

Fast and transparent

Buy Cardano within minutes. Our low fees are backed up with transparent quotes. Get more Cardano for your money.

Safe and secure

Buy Cardano safely knowing you're using an AUSTRAC regulated Australian exchange that's been around since 2013.

Made for you

We listen to our members. Easy yet powerful trading between any of our 100+ coins instantly (5,000+ trading pairs). Track your assets daily performance from your account with ease.

What can you do with your Cardano?

Hold Cardano

A lot of members like to hold onto their Cardano in case it increases in value. You can hold your Cardano in your Cointree account or transfer it to a private wallet.