Where To Exchange Cardano (ADA) - Best Platforms With Reviews

Where can you exchange Cardano (ADA) in 2024?

Where Can You Exchange Cardano (ADA): A Comprehensive Guide for Investors and Traders

In the innovative world of cryptocurrency, Cardano (ADA) stands out as a prominent digital asset, drawing attention from investors and traders globally. This extensive guide aims to provide a detailed overview of where you can exchange Cardano, along with an insightful look into the cryptocurrency's background, its unique technology, and the journey it has embarked on in the blockchain arena.

Understanding Cardano (ADA)

Cardano, denoted by its ticker ADA, is more than just a cryptocurrency. It's a groundbreaking blockchain platform that combines pioneering technologies to provide unparalleled security and sustainability to decentralized applications, systems, and societies. With its scientific philosophy and research-driven approach, Cardano distinguishes itself in the crypto market.

The Genesis of Cardano

The inception of Cardano marks a significant milestone in the blockchain industry. Launched by the co-founder of Ethereum, Charles Hoskinson, Cardano's development is rooted in scientific research, peer-reviewed insights, and evidence-based methods. It represents a forward-thinking approach to blockchain technology, aiming to create a more secure and scalable platform.

The Technology Behind Cardano

Cardano's blockchain is unique due to its layered architecture. It is the first blockchain platform to be built through peer-reviewed research and developed from a scientific philosophy. The platform operates on a unique proof-of-stake algorithm known as Ouroboros, distinguishing it from other blockchain technologies and making it more energy-efficient and scalable.

Platforms for Exchanging Cardano (ADA)

  1. Major Cryptocurrency Exchanges:

    • Binance: Known for its high liquidity and extensive list of cryptocurrencies, Binance offers ADA trading pairs with several major fiat and cryptocurrencies.
    • Coinbase: A user-friendly platform that is ideal for beginners looking to trade Cardano.
    • Kraken: Offers a secure and comprehensive platform for trading ADA, with robust features for both beginners and experienced traders.
  2. **Decentral

ized Exchanges (DEXs):**

  • Platforms like Uniswap and Sushiswap might list ADA, catering to those who prefer a decentralized approach to trading.

Factors to Consider When Exchanging ADA

When planning to exchange Cardano, it's crucial to consider several factors:

  • Market Trends: Keeping an eye on ADA's price movements and market trends can help in making informed decisions.
  • Exchange Rates: It's essential to compare rates across different platforms to ensure you're getting the best value for your trade.
  • Security Measures: Prioritize exchanges with strong security protocols to protect your digital assets.

Conclusion

Exchanging Cardano (ADA) offers a unique opportunity in the world of cryptocurrencies. By selecting the right platform and staying informed about market dynamics, traders and investors can effectively navigate the ADA market.

When choosing a platform to exchange Cardano (ADA), consider its user rating. Make a conscious choice when choosing a platform. Study the company page on our website, read user reviews and draw conclusions whether you should use this service. There are a lot of scams in the field of cryptocurrency. Taking into account the reputation of the service when choosing a place to exchange Cardano (ADA) is absolutely necessary if you do not want to lose your investment.
95 companies

HitBTC Cryptocurrency Exchange is a platform created in 2013 that allows you to trade more than 300 cryptocurrency pairs. The platform was launched back in 2013 and the investments it received amounted to about 6 million dollars.

Site:
hitbtc.com
Country:
Chile
Launched:
2013

Binance is currently one of the biggest and most popular cryptocurrency exchanges. Originally coming from Hong Kong, the company has recently moved its headquarters to Malta. Back at the beginning of its path the company had an ICO and gathered 15 mln USD. Participants got Binance Coin (BNB) which could be used to trade cryptocurrencies and pay for a fee on Binance exchange.

Country:
China
Launched:
2017

Coinbase is a leading digital currency platform and wallet where sellers and buyers can transact with new types of digital currencies such as Bitcoin, Ethereum, Litecoin, and Bitcoin Cash. The exchange was founded by Brian Armstrong and Fred Ehrsam in 2012 and is based in San Francisco, California. They focus on the US market, however, the company currently operates in 31 countries and offers storage of bitcoins in 190 countries around the world.

Country:
USA
Launched:
2012

Bisq exchange was launched back in 2014. At that time it was one of the first Decentralized Autonomous Organizations (or simply DAO). According to the founders of this exchange, one of the goals of Bisq network is to "keep the original spirit of Bitcoin alive".

Site:
bisq.network
Country:
International
Launched:
2014

BITBOX is a Singapore-based cryptocurrency exchange launched in 2018. The team behind this platform is better known for a different project — messaging app LINE. The exchange is not available for the American citizens and doesn't support fiat money yet, but allegedly these problems are going to be addressed in the future. The trading volume is relatively low on BITBOX. By all valuations, this exchange ranks below the 100th position.

Country:
Singapore
Launched:
2018

Bithumb is a cryptocurrency exchange that is based in Seoul, South Korea.
The platform was founded in 2013. It allows users to buy, sell, and store various cryptocurrencies.
In South Korea, Bithumb is one of the largest exchanges, and it boasts some of the biggest crypto trading volumes.

Country:
South Korea
Launched:
2016

CoinEgg is a UK-based cryptocurrency exchange founded in 2013. It has a few markets including BTC, ETH, EUSD, and USDT. The exchange doesn't support fiat currencies and provides not much information in charts/graphs. The interface is quite simple. It supports English and Chinese languages. The users are provided with such standard graphs as a candlestick chart and a market depth chart, prices (including 24 hours high and low) and 24 hours trading volume.

Country:
United Kingdom
Launched:
2017

Coinomi is one of the oldest cryptocurrency wallets, supporting a wide range of currencies and tokens since the launch of the project. Currently, the number of supported coins and tokens exceeds five hundred. The wallet provides a built-in exchange as an additional feature. Both desktop and mobile versions of the wallet are available.

Country:
International
Launched:
2014

Coinspot wallet is a special service provided by Coisnpot exchange. It provides a hot wallet for every coin its exchange is currently trading. Alongside with crypto, it also supports the Australian Dollar. Currently ,CoinSpot wallet has more than 60 coins and tokens. Built-in exchange is an additional feature of the wallet as well as 2FA for the additional security. The only language available is English.

Site:
twitter.com
Country:
Australia
Launched:
2013

Exodus is a top-tier multi-cryptocurrency wallet with rich opportunities for personalization and numerous available features. It was founded in 2016 with the idea to provide crypto beginners with a convenient tool to handle their coins. There is no sign-up or maintenance fee charged for its use.

Country:
USA
Launched:
2016

ABCC is a Centralized cryptocurrency exchange based in Singapore. The exchange was launched in 2018. ABCC has 132 available trading pairs and 73 coins. Deposits are Free on the exchange. ABCC doesn't have Fiat deposits option. Margin trading option is not available on the exchange.

Site:
abcc.com
Country:
Singapore
Launched:
2018

Abra is the investment product and a mobile crypto wallet that can be used on both Apple and Android platforms. Abra supports cash-out transactions as well as bank transfers.

Site:
www.abra.com
Country:
International
Launched:
2014

AirSwap is a Decentralized cryptocurrency exchange based in the USA. The exchange was launched in 2017. It’s reported volume is about 4.5-5 mln. $. The exchange provides peer-to-peer trading and has 3 available trading pairs and 6 coins.

Country:
USA
Launched:
2018

Altcoin Trader is a Centralized cryptocurrency exchange based in South Africa. The exchange was launched in 2014. Altcoin Trader has 20 available trading pairs and 21 coins. The exchange uses the Ordinary procedure for verification including two-step verification process and Know Your Customer (KYC) procedure. If you want to raise the account limits and minimize processing time you must go all the way, uploading ID card, proof of residence, etc.

Country:
South Africa
Launched:
2014

AscendEX (BitMax) is a Singapore-based cryptocurrency exchange that was launched in 2018 under the name of BitMax. The rebranding was put into action in March 2021

Site:
ascendex.com
Country:
Singapore
Launched:
2018

B2BX is a Centralized cryptocurrency exchange based in Estonia and which is officially registered in Tallinn. The exchange was launched in 2018. B2BX has multiple fiat deposits and withdrawal options, including bank transfers, card payments, different payment systems. B2BX has 3 available trading order types, which can be suitable both for beginners and advanced traders. Also, it has a big liquidity pool. According to the exchange website, and CoinMarketCap, it fluctuates within 10 mln.$ per day. 

Country:
Estonia
Launched:
2018

Bancor Network is a Decentralized cryptocurrency exchange. The exchange was launched in 2017. Its reported volume is about 40 millions of dollars. Bancor Network has 106 available trading pairs and 116 coins.

Country:
Switzerland
Launched:
2017

BCoin.sg was a centralized cryptocurrency exchange based in Singapore. The exchange was launched in 2018. 
Deposits were free on the exchange. Margin trading option was not available on the exchange. 
At the moment the exchange doesn’t work and there is no official information about when the exchange will be active again. All the official pages of the platform are down as well, including Twitter and Facebook. We will update information about the exchange as soon as it is active again. 

Site:
www.bcoin.sg
Country:
Singapore
Launched:
2018

Bgogo is a centralized cryptocurrency exchange based on the Cayman Islands. The exchange was launched in 2018.

Site:
bgogo.com
Country:
Cayman Islands
Launched:
2018

Bitbank is one of the leading cryptocurrency exchanges targeting the residents of Japan. The exchange tab of the website is not available in languages other than Japanese and those who want to register on Bitbank from overseas have to pay $100 commission. Nevertheless, for those in Japan, this platform is quite convenient as it collects no deposit and trading fees (it’s relevant only for Makers) and has some other nice features.

Site:
bitbank.cc
Country:
Japan
Launched:
2014
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