Where to buy Cardano (ADA)

The Cardano price has risen by almost 1.900% in the last year and the latest update could signal further moves upwards

With the introduction of smart contracts, many investors are turning to Cardano as a hedge against potential problems with Ethereum

Cardano is a proof-of-stake blockchain platform that uses breakthrough technologies to equip decentralized applications (dApps) with security and sustainability. Launched by one of Ethereum’s co-founders, the project aims to bring about positive global change.

Cardano’s native token, ADA, has seen a 30% increase in trading volume over the past 24 hours, which was recently fueled by the excitement around the project among investors.

Where can I buy Cardano today?

eToro

If you are signed in to eToro, you can buy, sell and trade ADA by using the platform’s numerous trading resources and by following other ADA traders using the copy trading platform. eToro also offers many stocks, shares and other cryptocurrencies – so it’s worth signing up if you’re looking for a place to start your trading journey.

Buy ADA on eToro >

Coin Kong

To buy ADA on Coin Kong, users need to register an account. Coin Kong connects customers with the best brokers available and automatically lists those that offer the lowest commissions. With access to all major cryptocurrencies, as well as hundreds of altcoins and the newer ICOs, Coin Kong is the preferred option for traders looking to grow their portfolio.

Buy ADA on Coin Kong >

Why should I buy Cardano?

Many investors like to include ADA in their portfolio to hedge against potential problems with Ethereum. The Cardano blockchain is much more efficient than Ethereum, and until the introduction of Eth 2.0, many projects are looking for other blockchains to host their dApps to escape Ethereum’s high gas fees.

Cardano launched the first stage of the Alonzo hardfork last week, which finally brings smart contract functionality to the blockchain, making it easier to use dApps. That has sent many investors into a frenzy, as evidenced by the 24 percent rise in Cardano’s price on Sunday and Monday this week.

The update could cause Cardano to overtake Ethereum and become the most attractive blockchain for the use of dApps, leading to a further increase in the Cardano price.

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