Buy Cardano (ADA) in Canada

Buy Cardano in 3 easy steps with 0% CAD funding and 0% CAD withdrawal fees.

Buy Cardano

Buy Bitcoin > Cryptocurrency > Buy Cardano (ADA)

1. Create an account

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2. Get verified

After you sign up you will need to verify your account.

We are required by law to ask you for some verification questions such as your name and address.

Over 90% of our members get instantaneously verified, allowing them to fund and trade right away!

3. Buy Cardano (ADA)

You can buy ADA right away at the best rates and fund your account with an e-Transfer or wire and buy when the price is just right!

Get started with as little as $50 CAD.

Buy Cardano

Cardano currently sits ranked 5th according to CoinMarketCap with a market valuation of over $60 billion and over 31 billion ADA in circulation.  

What is Cardano ADA?

Cardano is an open-source blockchain platform designed to facilitate peer-to-peer transactions. Designed from scratch by a network of academics, engineers, and developers, Cardano uses the peer review process to vet network and protocol upgrades and improvements. The Cardano platform is overseen by a Non-profit foundation that steers Cardano’s development to make sure it stays true to its stated purpose of being an inclusive and sustainable blockchain platform..  

How does it work?

Cardano’s designers describe it as a ‘third-generation’ blockchain platform, designed to overcome scalability and transaction speed issues facing first and second-generation blockchains. It uses a dual-layer architecture to prevent network congestion and slow transaction times. The Cardano Computational Layer (CCL) processes maintain the platform’s security and smart contract architecture, while the Cardano Settlements Layer (CSL) powers its native token, ADA, named after Ada Lovelace, the first computer programmer. Unlike Bitcoin’s Proof-of-Work model, Cardano uses a Proof-of-Stake (PoS) system for the creation of new ADA tokens. Existing ADA holders can ‘stake’ their tokens to create new blocks. Once the blocks are validated, the validators are rewarded with new tokens in proportion to their stake. The PoS system uses far less energy and time than the traditional mining process.

What makes it stand out?

Cardano’s unique dual-layer architecture is unique among blockchain platforms. Thanks to this dual-layer architecture Cardano can process over ten times as many Transactions Per Second (TPS) as Ethereum. Another unique feature is its peer review process for platform upgrades. Finally, Cardano has a specially designed Daedalus wallet for ADA tokens, which in addition to storing tokens, allows the wallet holder to stake tokens towards validating new blocks.  

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