The Cardano token is currently trading at $2.23 while this article is being written. The token has been trading sideways between a very tight range of $2.12-$2.23 since last week and the coin could soon recover if the bulls decide to start a rally. The Cardano network has come up with a lot of announcements that could help push the price to new highs.
How and where to buy Cardano in UK and elsewhere
Cardano is a popular cryptocurrency and wisely available on most crypto exchanges/brokers. If you are interested in trading with ADA, you need to create an account with a crypto exchange/broker platform. Enter a username, password, and email address to create an account. Then verify the account by submitting copies of your passport and utility bill. After that, you can simply deposit money and start trading.
It is recommended to avoid the decentralized exchanges as they are not regulated. To your advantage, we researched the market and selected two of the best platforms for trading.
eToro is one of the leading trading platforms for investing in crypto assets. Packed with features including copy trading, advanced technical charts and a range of trading tools, eToro’s platform is suitable for beginners and professionals alike.
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Binance has grown exponentially since it was founded in 2017 and is now one of, if not the largest cryptocurrency exchanges on the market.
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What is Cardano?
Cardano is the first token to base its technology on peer-reviewed scientific research. The Proof of Stake network has recently enabled smart contracts on its platform. The network is decentralized and has a strong governance structure, with power in the hands of users. The Cardano network has gained great popularity among crypto investors.
Should I buy ADA today?
The Cardano token has seen many strong rises in the past, and the early holders of ADA could see sizable gains in the future if the token experiences a price rise.
An increase in volumes could push the price of the token towards the $3 mark and the coin could then aim for new highs.
This article is for information purposes only – none of the information is to be understood as financial or investment advice.