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How to Buy Cardano in Europe
The Cardano project is based on peer-reviewed academic research and is developed by IOHK, a world-class cryptocurrency development team. This means that the use of blockchain technology for many applications can be fully explored.
Cardano is a decentralized blockchain platform with an open-source code. Its goal is to provide advanced features, including smart contracts, dApps, and scalability through side chains. The platform also seeks to offer greater financial inclusion by providing low transaction fees for anyone who wants to use its network.
Cardano aims to create an environment where developers can easily write smart contracts or build decentralized applications (dApps). It was created with the aim of being a platform that allows users to trade cryptocurrencies without worrying about security issues or technical difficulties while using them as well as other financial services such as loans or insurance policies.
If you have been thinking of how to buy Cardano in Europe, this post will help. Buying Cardano is simple, and there are a couple of ways you can go about that. You can buy on different crypto exchanges like Anycoin Direct, Binance Jersey, Bitpanda, or eToro. All these offer different payment options to make your journey much smoother. You only need to identify the one that works best for you and use it. Let’s see how you can buy ADA on some of these platforms in Europe.
Buy ADA with EUR or GBP on Anycoin Direct
- Go to Anycoin Direct website and create an account with them
- Once your account is ready, log into your newly created account
- On the home page, find the ‘Buy’ button and click on it to buy your ADA coin
- Choose ADA from the list of cryptocurrencies available there
- Choose your preferred payment option and provide your wallet address
- Wait for your transaction to be confirmed. Once confirmed, your ADA will be sent to your wallet immediately.
Buy ADA with EUR on Binance Jersey
- Create an account on Binance Jersey.
- Deposit funds into your Binance Jersey account by clicking ‘Funds’ and then selecting “Deposit & Withdrawal” from the menu on the left side of the screen.
- Select “EUR” in “Funding”, enter how much you would like to deposit, and click “Deposit”. Once confirmed, your EUR will be available in your account for trading!
- Login to your Binance Jersey account (if not already logged in) and navigate back to Funds > Deposits & Withdrawals now that you have some funds available for trading!
- This time, you will be choosing ADA/EUR as your currency pair, but you can also choose any other crypto pair such as XRP/BTC or ETH/USD if you’d like to!
Buy ADA with EUR or GBP on Etoro
eToro is a social trading platform, regulated broker, regulated cryptocurrency exchange, regulated crypto wallet, and online crypto exchange. It’s also a platform that makes it super easy to trade Cardano (ADA) with EUR or GBP.
The first thing you’ll need to do is create an eToro account and verify your identity. You can do this by uploading your passport or driving license photo page or by sending in an ID document in the post (either of these methods will require you to send a selfie holding your ID).
Once you’ve done that, deposit funds into your account by clicking Deposit Funds at the top of their website and choosing how much money you want to transfer over from either PayPal or Skrill (Neteller, etc.). Then choose which currency you’d like as well as its source: for example, Euros from your bank card/bank account or Pounds Sterling from PayPal.
Buy ADA with EUR or GBP on Bitpanda
Bitpanda is a popular cryptocurrency exchange that allows its users to buy Cardano with EUR or GBP. To purchase ADA with your fiat currency, you’ll need to follow these steps:
- Register for an account on Bitpanda (if you haven’t already).
- Enter your email address and password, then click “Log In.”
- Once logged in, select one of the following payment methods: Credit Card; Bank Transfer; SEPA Transfer; Wire Transfer; Neteller
- State how many ADA you would like to buy and provide the wallet to send the coin after purchase.
- Once your payment is confirmed, your ADA will be sent to your wallet immediately.
Can You Buy Cardano with PayPal in Europe?
In order to do so, you’ll need to have a European bank account and a bank that supports this feature. You can check if your bank supports this feature by going to its website and following the steps to verify your account.
Is Cardano A Good Investment?
Cardano is a very interesting cryptocurrency that has been getting a lot of attention lately. It’s the youngest proof-of-stake (PoS) coin on the market and one of the most decentralized cryptocurrencies available.
With its several amazing features, Cardano seems to be the next big thing in the crypto world. However, this may not happen any time soon. So if you are looking for a way to make quick bucks, you may pass on Cardano. But if you are willing to wait things out, this might be a great investment option for you.