- Forex 40 +
Since 2015 there has been a very special online currency: Cardano. Here we show how and where you can best buy Cardano , which exchanges are available and whether you can also get ADA tokens with PayPal..
Cardano is a decentralized proof-of-stake (PoS) blockchain platform that is intended to be an efficient alternative to common proof-of-work (PoW) networks . PoW networks have some limitations in terms of scalability, interoperability, and sustainability.
If such PoW networks grow, this growth is often associated with rising costs , low transaction speeds and increased energy consumption .
Cardano developer Charles Hoskinson is also one of the co-founders of Ethereum . While developing Ethereum, he noticed that such PoW networks have some weak points. That’s why he started developing Cardano in 2015 and launched the platform in 2017.
Cardano sees itself as a further development of Ethereum and focuses, among other things, on smart contracts. Cardano wants to be a development platform for decentralized applications (DApp) with a multi-asset ledger and verifiable smart contracts.
Cardano has developed steadily over the past few years. The project always has its development stages scientifically monitored and validated. The primary cryptocurrency Cardanos is called Ada . This currency has seen strong price jumps in the past. In October 2017, the currency was still around € 0.02 . ADA is now at a value of € 1.11 (as of June 25, 2021) .
Since Cardano has some differences to Bitcoin in terms of decentralization and scalability, there are some differences to buying Bitcoin . Above all, one should pay attention to the following factors:
Here we will show you step by step how to add Cardano to your portfolio. We use the broker Roinvesting for this, as this offers the advantage that you can buy both real Cardano Coins and CFDs (with leverage) – thus combining the advantages of a broker and an exchange.
We will go into the difference between a broker and an exchange below.
First, you register with a broker or a crypto exchange.
For our example, we have chosen Roinvesting because we can buy real Cardano to hold as well as Cardano derivatives to speculate.
First, we click the link to register for Roinvesting:
In the form we enter username, email and password and accept the terms and conditions:
We then receive an email for verification in which we click on the link to confirm the account.
In the next step, we have to top up our account with money in order to be able to buy Cardano. To do this, we click on the “Deposit money” button at Roinvesting:
Then we select the amount and the method of payment with which we would like to deposit, and then click on the “Send” button to deposit the amount.
In our example we show the purchase with a credit card. Roinvesting also offers other deposit options :
|Buy Cardano with a credit card||✔️|
|Buy Cardano with PayPal||✔️|
|Buy Cardano with Rapid Transfer||✔️|
|Buy Cardano with Skrill||✔️|
|Buy Cardano with bank transfer||✔️|
|Buy Cardano with Neteller||✔️|
|Buy Cardano with UnionPay||✔️|
Now that we have topped up our account, we can begin the actual Cardano purchase . To do this, we click in the search field above and enter “Cardano” there.
Then we click on the “Trade” button:
The purchase window then opens. Here we have the following options:
After we have configured all options, we click on the ” Open Trade ” button to complete the purchase.
Then we have the Cardano in our portfolio, the purchase is complete!.
Investors can buy Cardano at ROinvesting with PayPal. The provider Roinvesting is one of the few providers that offer investors PayPal as a payment method. The broker ROinvesting can not only score points with Cardano as a payment method. We were also impressed by the attractive trading platform.
Here users can easily find the right cryptocurrency and invest in it.
The fees at Roinvesting are very low compared to other providers. This can save investors a lot of money in this area at Roinvesting. In addition to the low fees, the seriousness of a provider in the field of cryptocurrencies is also of great importance. Unfortunately, there are many dubious providers in this area.
However, the provider Roinvesting can be described as serious, as it has to meet the strict requirements of the European authorities. That is why buying a Cardano from Roinvesting can be described as safe.
Because of these aspects, Roinvesting is the best provider for us for a Cardano purchase with PayPal. In addition to the diverse payment methods, the provider also impresses with an attractive trading platform, low fees and a high level of reliability
The purchase of Cardano offline is only possible via a purchase from friends or unknown sellers. Unlike Bitcoin, for example, there are no Cardano machines where investors can buy Cardano. Often private individuals offer Cardano for sale on portals such as eBay classified ads .
However, investors should avoid this type of purchase . Unfortunately, there are many dubious providers in the field of cryptocurrencies who disappear with the money after the payment and the buyers never receive the coins they have bought.
That is why we always recommend going through a reputable crypto broker. Our recommendation in this area is the provider ROinvesting . This provider is subject to strict requirements and is regularly checked by the European authorities. This will ensure that it is a reputable provider. With this provider, investors can be sure that they will actually receive the ADAs they have purchased.
In addition to the seriousness, the provider also convinces us in other aspects. The fees for Cardano trading are significantly lower with Roinvesting compared to other providers. The fees per order are currently 0.75% of the investment amount. These fees are very low in the field of cryptocurrencies.
In addition, the provider impresses with an attractive trading platform with a user-friendly interface. This means that investors can easily buy Cardano. There are also many other cryptocurrencies at ROinvesting so that investors can manage their entire crypto portfolio with this provider.
We do not recommend investors buy Cardano offline. In our opinion, investors should buy through a regulated broker. This ensures that investors actually receive the coins they have bought.
The Cardano sales process is also very simple at Roinvesting. Investors must first call up their own portfolio. You can navigate to the portfolio via the menu on the left. Investors can access their portfolio by clicking on the “Portfolio” button.
All of the investor’s assets are displayed in the portfolio. Cardano is also listed here. To sell, investors need to click the gray “V” button. A window then opens in which investors can specify the number of Cardano’s to be sold and the price. The sell order is placed by clicking on “Open trade” .
Investors should note that they can either buy the “real” cryptocurrency Cardano at Roinvesting or conclude a CFD on Cardano. The sales process or the dissolution of the position runs concurrently.
So we see that selling Cardano on Roinvesting is also very easy. The credit from the sale is credited to the investor’s account after the successful sale.
There are several ways for investors to buy Cardano anonymously. There are more and more offers on the Internet from sites that allegedly offer an anonymous Cardano purchase. Offers for this type of purchase can also be found on portals such as eBay classified ads.
These offers often seem tempting because many investors do not want to provide any private information when buying cryptocurrencies.
The problem with such offers, however, is that it is difficult to determine whether they are legitimate or not. It is often not clear who the providers of such offers are. Therefore, there are regular cases in which investors pay to buy Cardano but never receive the cryptocurrency.
We, therefore, recommend investors buy ADA through a reputable and regulated broker. A reputable broker is subject to strict regulations and must therefore require personal information from buyers. This not only serves to protect the provider but also to protect the buyer.
That is why we recommend ROinvesting as a provider for the purchase of Cardano. This is licensed by a European authority and is therefore subject to strict regulations.
This ensures that investors actually receive the cryptocurrencies they have bought. The broker Roinvesting was not only able to convince us because of the security.
The provider offers investors a clear trading platform on which they can easily trade with Cardano. In addition, the provider has an attractive fee structure that is well below the fees of other providers. In addition to Cardano, there are also many other cryptocurrencies at Roinvesting. This allows investors to manage all of their crypto assets in one place.
For us, Roinvesting is, therefore, the best provider for buying Cardano.
Many investors want to buy Cardano as soon as possible and therefore do not have to verify themselves for the purchase. A purchase of ADA without verification can be made through friends or providers on the Internet, for example. Often, however, investors with unknown providers cannot assess whether they are reputable providers.
Unfortunately, there are many dubious providers in the field of cryptocurrencies . These providers often do not require verification. Therefore, buying through such a provider is more of a kind of gamble. There is no guarantee that investors will actually receive the coins they have bought.
That is why we advocate buying only from providers who are subject to strict regulations . These providers are legally obliged to request information from their customers. Many investors are reluctant to divulge personal information. In view of security, however, in our opinion it is better to process the Cardano purchase through a regulated broker. This ensures that the investors actually receive the purchased cryptocurrency.
Our recommendation for the ADA purchase is therefore Roinvesting . This provider is regulated by European authorities and can therefore be described as safe and reputable. The broker is also characterized by the low fees when buying Cardano and an excellent trading platform. In addition to Cardano, Roinvesting also offers many other crypto currencies.
This allows investors to manage their entire crypto portfolio with one provider.
The verification process at Roinvesting is very quick and easy. This allows investors to open an account in no time and start safe Cardano trading.
We strongly advise against providers without verification. Verification is required by law and offers both providers and customers a high level of security. We therefore recommend Roinvesting for purchasing Cardano (ADA).
There are different ways to purchase Cardano without registering. We still recommend buying ADA through a regulated broker. More and more often there are providers on the Internet who offer a purchase of Cardano without registration. Many investors do not want to register to buy because they do not want to disclose personal information.
However, investors should note that buying through an unregulated provider also involves risks. These providers are not regulated and this does not ensure that investors actually receive the purchased cryptocurrency. Unfortunately, there are a large number of dubious providers in the field of cryptocurrencies.
That is why we always recommend buying from a regulated provider. These providers are legally obliged to request data from their customers. With a regulated provider, investors can be sure that they will receive the coins they have bought. Our recommendation for a regulated provider is ROinvesting.
The registration process is very simple here and investors can register with an email address and password in a very short time. Users can also register with an existing Google or Facebook account. This enables an account to be opened in a very short time.
The provider Roinvesting convinced us because it is strictly regulated and can therefore be described as serious. In addition, the fees are significantly lower than with other providers and the trading platform is attractively designed. For us, Roinvesting is, therefore, the best place to buy Cardano safely and quickly.
A Cardano (ADA) currently costs € 1.09 (as of June 25). Cardano was still trading at € 0.06 in June 2020. In the meantime, Cardano hit an all-time high of € 1.90 in May 2021.
Cardano CFDs are so-called contracts for difference. With a CFD for Cardano, investors can invest in ADA’s price development without actually having to buy Cardano. These contracts are concluded between the broker and the investor.
For example, if an investor speculates on Cardano’s price increase, he can open a CFD with his broker and enter into a so-called long position.
At the time of opening, the value of the underlying asset is used as the basis. If the investor is right and the ADA price rises as a result, he can liquidate his position. His profit is the difference between the selling price and the price at the time the position was opened. The broker pays him this difference.
The CFDs are particularly suitable for investors who want to invest in the development of cryptocurrencies, but do not want to open a new account with a crypto exchange or who want to deal with the peculiarities of crypto trading. For these investors, trading with a CFD is the right choice.
There are several ways for investors to invest in Cardano. In addition to the classic purchase of the cryptocurrency, an investment in a Cardano CFD is also possible. In this section, we take a look at the differences between these two types of investment and reveal which type of investor each type of investment is better suited to.
The classic way to invest in Cardano is by buying Cardano. The purchase takes place via a crypto exchange. The advantage of buying “real” ADA is that the coins can actually be used. The coins can be used for payments in online shops, for example.
In this area, the profits are tax-free if the holding period is more than one year. Long-term investors who want to hold ADA for more than a year, therefore, do not have to pay tax on profits when selling. That is why the classic purchase is particularly worthwhile for long-term investors.
For short-term investors, on the other hand, CFDs are the better choice. With these financial instruments, investors can speculate on Cardano’s price developments without having to buy “real” ADAs. The purchase of CFDs also has a tax advantage for active traders. When trading CFDs, profits are subject to capital gains tax. This means that the profits are taxed at a tax rate of 25% plus solidarity surcharge and, if applicable, church tax.
When buying “real” ADAs, on the other hand, the personal income tax rate is applied if the holding period is less than one year. For many traders, this is higher than the capital gains tax.
Another advantage is that with CFDs, investors do not have to deal with complicated crypto exchanges and wallets. The Cardano CFDs work just like normal stock CFDs, for example.
A disadvantage of trading CFDs is that investors do not own a Cardano and therefore cannot use the coins. In addition, long holding periods incur additional fees for CFDs.
In summary, we can say that buying real cryptocurrency is more worthwhile for long-term investors. This is mainly due to the tax exemption of profits with a holding period of over a year. For active traders, CFDs are the better choice. Here investors can save taxes and invest in the price development without much effort, without actually having to buy Cardano.
One broker that allows both types of investment is ROinvesting. We, therefore, recommend the broker Roinvesting to all investors who want to invest in ADA. A safe and cheap investment in Cardano is possible here.
|✔️ Cardano can be used||✔️ Purchase without having to hold Cardano|
|✔️ Tax-free profits if the holding period is> 1 year||✔️ Tax advantage with short holding periods|
|Buying and storing is often time-consuming||High fees with long holding periods|
|Personal tax rate on short-term gains||No use of Cardano|
Cardano is one of the most interesting projects in the crypto field. The founder Charles Hoskinson was already involved in the development of Ethereum and founded Cardano with the aim of creating an improved version of Ethereum. The company is accompanied by leading scientists and regularly evaluated.
The supporters of Cardano are extremely positive about the future. An investment in Cardano can therefore be worthwhile. In this section, we want to take a look at the recent past and compare Cardano’s performance with other top cryptocurrencies.
|position||Cryptocurrency||Price 06/28/2020||Price 12/27/2020||Price 06/27/2021||Change in% (12 / 20-06.21)||Change in% (06 / 20-06 / 21)|
|1||Binance Coin||€ 12.9700||€ 28.1700||€ 244.3700||767.48%||1784.12%|
|2||Cardano||€ 0.0676||€ 0.1298||€ 1.1200||762.87%||1556.56%|
|3||Polkadot||€ 2.3400||€ 11.7800||€ 23.3460||98.18%||897.69%|
|4th||Ethereum||€ 189.5100||€ 573.8900||€ 1,664.3000||190.00%||778.21%|
|5||Chainlink||€ 3.8400||€ 10,2000||€ 15.4300||51.27%||301.82%|
|6th||Bitcoin||€ 7,689.5800||€ 22,086.7500||€ 29,141.1800||31.94%||278.97%|
|7th||XRP||€ 0.1494||€ 0.2379||€ 0.5441||128.71%||264.19%|
|8th||Litecoin||€ 34.8200||€ 107.2000||€ 111.3100||3.83%||219.67%|
|9||Bitcoin Cash||€ 187.3000||€ 284.3000||€ 401.0700||41.07%||114.13%|
|10||Tether||€ 0.8431||€ 0.8397||€ 0.8416||0.23%||-0.18%|
Our comparison shows that the Cardano’s course developed excellently between June 2020 and June 2021. In the top 10 cryptocurrencies, Cardano was able to show the second largest growth after BNB. The price has risen by more than a factor of 15 within this period. An investment of € 5,000 in June 2020 would have resulted in assets of more than € 75,000 in June 2021. So Cardano has proven in the past that it can develop positively.
And the future prospects can definitely be rated as positive. Hundreds of developers and scientists are now working on Cardano, improving this project on a daily basis and developing new functions that solve specific problems.
In our opinion, Cardano should therefore not be missing in any crypto portfolio. In general, it is also worth investing in a broadly diversified portfolio in the field of cryptocurrencies. An equally weighted portfolio from the top 9 coins could be named here as an example. This portfolio would have returned nearly 700% between June 2020 and June 2021.
Now that we’ve shown how to buy Cardano quickly, easily and safely, there are of course other ways too.
The question of how and where best to buy Cardano is closely related to the second question, namely whether you want to hold Cardano for the long term or rather speculate on the price development in the short term.
For short-term speculation, a CFD broker is recommended, where you can speculate on the price development of Cardano without holding the underlying asset directly. The advantage of a broker is that you can also trade with levers so that even small price fluctuations can result in high profits or losses.
If you want to keep Cardano longer, you are better off with a crypto exchange:
Our recommendation: Buy Cardano at Roinvesting
Cardano has had a real success story in the recent past and the increasing interest of retailers led to a value of over 3 billion euros in 2020.
Thus, the Cardano Coin is one of the most popular cryptocurrencies. Cardano is based on the blockchain but differs fundamentally from other blockchain cryptos such as Bitcoin.
Many investors wonder whether they should hold Cardano for the long term or rather only trade for the short term. There is no one-size-fits-all answer to this question. What is certain is that Cardano is an extremely exciting project that can play an important role in the field of cryptocurrencies in the future.
For long-term investors who are convinced of Cardano’s capabilities, it can therefore be worthwhile to hold on to ADA for the long term.
The cryptocurrency market is still relatively young. Therefore there is still a high level of uncertainty in this market. For investors with a long investment horizon, now may be a good time to invest in Cardano.
The advantage of a long holding period is that the profits are tax-free in Germany after a holding period of over a year. Due to the exciting project and the tax advantages, long-term investment in Cardano can potentially be very lucrative.
Cardano can also be of interest to active traders. The market for cryptocurrencies is fundamentally more volatile than other financial markets. Therefore, there are often high potential returns in the short term. Another reason ADA is suitable for active trading is that Cardano’s volume is high compared to other cryptocurrencies.
This means that the market is liquid and therefore traders can buy and sell at any point in time. If you look at the past, you can see that there are often larger fluctuations with Cardano. Traders can use these fluctuations to make profitable trades.
In summary, we can say that Cardano can be of interest to both long-term investors and active traders. Cardano is one of the largest projects in the crypto space and there are some analysts who are positive about the future at ADA. Cardano is interesting for active traders because there are sometimes large fluctuations and the trading volume is large enough for active trading.
The cryptocurrency Cardano came onto the market when Bitcoin and Ethereum were already taking their first steps. In this respect, it was possible to find the first answers to the weaknesses of the existing blockchain problems. The focus on scientific knowledge is likely to be a big argument for many retailers in favour of buying Cardano. The pronounced values of transparency, peer-to-peer implementation and cooperation with a wide variety of users are also intended to ensure that ADA is one of the top online currencies in the future.
The cryptocurrency of the blockchain technology Cardano is called ADA. If you want to buy Cardano (ADA) you usually have to do it with Bitcoin or Ethereum. So you might quickly think of crypto exchanges like Binance. Secured Brokers once examined how exactly you can buy Cardano and whether there are other providers who allow the ADA investment. Above all, the European market has recognized the value of Cardano and has therefore accepted it. Today, Cardano can also be purchased from European providers with EU buyer protection up to € 20,000!
There are only a few providers in South Africa for buying Cardano. In addition to Coinbase, Binance and Roinvesting also offer Cardano. On the other hand, Cardano cannot be bought at Bitcoin.de or Bison. In our comparison of the Cardano providers, Roinvesting was able to prevail because it offers investors the best overall package.
The provider Roinvesting is our recommendation for the purchase of Cardano because it was able to prevail over Coinbase and Binance in the overall view. In terms of fees, Roinvesting is exactly in the middle between Binance and Coinbase. At Roinvesting, 0.75% of the investment amount is charged as a fee for the ADA purchase.
With an investment of 100 € this corresponds to 0.75 € . This value can be assessed as very low. Investors pay the lowest fees at Binance. Here the fees are 0.1% of the investment amount. Coinbase is the most expensive provider at 1.49%.
When buying ADA, it’s not just the fees that play a role for us. One of the great advantages of Roinvesting over the other providers is that Cardano CFDs can also be traded at ROinvesting . This type of investment is particularly suitable for active traders because it is often more attractive from a tax point of view.
With a CFD, investors can speculate on the price of ADA without having to buy “real” coins. The capital gains are taxed at a flat rate with capital gains tax. When trading with “real” Cardano, the capital gains are taxed at the personal income tax rate if the holding period is less than one year. For many, this is above the 25% capital gains tax . Of course, real ADAs can also be bought on Roinvesting.
The broker thus combines the best of both worlds and offers every type of investor the right form of investment.
Roinvesting can also assert itself against the competition in the area of functions. While there is no demo account at Binance and Coinbase, Roinvesting can score with an excellent demo account. A demo account offers investors the opportunity to gain valuable experience without risk before investing real money.
In addition to the demo account, we were also impressed by the function of CopyTrading at Roinvesting. With this provider, investors can automatically copy the strategies of successful traders and benefit from their expertise. Since Cardano is also regularly subject to large fluctuations, experienced traders can benefit from the price movements. With CopyTrading, investors can automatically copy these traders and no longer worry about trading themselves. Neither Binance nor Coinbase offers this functionality.
For us, Roinvesting offers the best overall package. The provider is in the middle of the terms of fees but offers users significantly more useful functions than the other providers. Investors should therefore buy Cardano from Roinvesting.
To make the fees for the Cardano purchase comparable, let’s take the following example:
With these assumptions we now go through the fees of the largest providers:
|Purchase fees||Free||1.49%||3.08% *|
|Holding fees||Free||for free||0.05% *|
|Sales charges||Spreads||1.49%||3.08% *|
|Total fees||Reasonable||€ 68.24||€ 92.32|
What about, do you need a Cardano wallet? Because with cryptos it is often the case that they are kept in such digital wallets and shop with them.
Without an electronic wallet, you will not be able to manage, send or receive the cryptic values. So if you want to buy or ship with Cardano, you can’t avoid a wallet.
Since many criteria must be observed that are beyond the scope of this article, here is the link to the wallet comparison :
By the way: Our test winner Roinvesting Broker offers an integrated wallet so that beginners can rely on it for the time being. If the investment sums rise later, we recommend a hardware or software wallet.
The cryptocurrency has already had a few highs and lows. We show the most important milestones in the history of Cardano.
Due to the growing popularity of cryptocurrencies, more and more investors want to invest in this area. Cardano is a particularly exciting project because it is seen as an upgrade from Ethereum and is seen by many analysts as one of the best projects in the crypto space.
However, because many investors do not want to register with a crypto exchange and deal with complicated wallets, many wonder whether there is another way to invest in Cardano.
Unfortunately, there is currently no share or ETF that investors can use to invest in Cardano directly. However, some companies are involved in the cryptocurrency space. By investing in these companies, investors can participate indirectly in the developments of the crypto market without having to invest in it directly.
One of these companies is Coinbase. The company operated one of the most popular crypto exchanges globally and went public in April 2021.
The company generates its income through a fee that is charged for every transaction on the platform.
If the transaction volume grows, the company’s income also increases. Coinbase, therefore, offers investors a good opportunity to invest indirectly in the cryptocurrency market.
Other companies invest in the crypto space. The company Global Blockchain Technologies can also be named here, for example. This is a company that invests in various projects in this field and whose shares are traded on the stock exchange.
The best way to invest in Cardano is still to buy this cryptocurrency directly. However, with a provider such as Roinvesting, the buying process is now also very easy. Our recommendation is, therefore, to buy Cardano via ROinvesting .
In various forums, people like to discuss how to buy Cardano shares. Such interested dealers are a little ahead of their time.
Because in order to be able to participate in the performance of the Berlin cryptocurrency, you have to be content with tokens up to now.
However, it is not said that one should not be able to buy Cardano shares in the future. In this respect, it is important to keep your eyes and ears open, because the latest Cardano news could announce completely new investment opportunities. Therefore, in order to always be kept up to date, it is worth taking a regular detour to the crypto news scene.
Another option would be to buy government bonds. Since different states have concluded agreements with Cardano, this could also positively affect the country if Cardano breaks through. Several countries work closely with Cardano. These include countries such as Georgia and Hong Kong that may want to implement Cardano as a currency or Ethiopia, which uses Cardano’s blockchain in agricultural technology.
Otherwise, other cryptocurrencies have potential :
Another alternative is crypto stocks: chip manufacturers, mining companies, and even the Bitcoin Group have posted substantial profits so far.
NVIDIA stocks: NVIDIA manufactures necessary graphics chips, especially for mining – if the crypto boom continues, NVIDIA is undoubtedly a good investment
Nobody can predict exactly how things will go with the various online currencies. But not a few experts have predicted a glorious future for Cardano.
There are some hot candidates for this year that are considered promising cryptocurrencies. Secured Brokers has dealt with the most interesting coins for future investments.
With many platforms, you can only join with a minimum deposit of € 200. In any case, such a sum is suitable for such investments. Basically, however, the investment amount is based more on the capital’s own possibilities. Since cryptocurrencies are still in the highly speculative area, the investment should not exceed 5-10% of your own assets.
This is purely a matter of consideration and is the responsibility of the trader.
Both ways have advantages and disadvantages. Options brokers only use crypto currencies as assets, while exchanges enable the values to be traded directly.
No, only crypto currencies are accepted. But to get to Cardano by credit card payment, you can take the detour via Coinbase. Here you can buy Bitcoin with your credit card, for example, in order to exchange these tokens for Cardano on Binance.
A trusted broker will contact you today.