Cardano Price CAD
What is Cardano (ADA)?
Charles Hoskinson, co-founder of Ethereum, launched Cardano and its primary cryptocurrency, ADA, in 2017.
Cardano is a decentralized proof-of-stake (PoS) blockchain created to be a more efficient alternative to proof-of-work (PoW) networks such as Bitcoin and Ethereum.
PoS blockchains use significantly less energy than PoW chains. In February 2021, Hoskinson estimated the Cardano network used 6 GWh annually, less than 0.01% of the 110.53 TWh used by the Bitcoin network as estimated by the University of Cambridge.
The Cardano platform is the first to be founded on peer-reviewed research and developed through evidence-based methods. It combines pioneering technologies to provide unparalleled security and sustainability to decentralized applications, systems, and societies.
How to Buy Cardano (ADA) in Canada
Buying Cardano (ADA) in Canada as well as other digital currencies is simple and secure with Bitbuy. Here’s how it works:
- Create Your Account: When you sign up to create an account on Bitbuy, you will be asked to confirm your email address, phone number and verify your identity.
- Add Funds: Before you can buy Cardano in Canada, add funds to your account directly with Interac eTransfer or Bank Wire.
- Buy and Sell Cardano: Once you’ve sent money to your account, you can buy Cardano instantly. Bitbuy also makes it easy to sell Cardano in Canada. Exchange your Cardano for CAD and withdraw the funds back into your bank account.
If at any point you need help signing up, verifying your account, adding funds, or buying and selling Cardano, just get in touch with customer support for same-day assistance.
The Best Place to Buy Cardano (ADA) in Canada
Bitbuy is one of the best and safest place to buy Cardano (ADA) in Canada. Here is why:
Safe and Secure
Every transaction you make on Bitbuy is encrypted using SSL (Secure Socket Layer) technology with two-factor authentication solutions implemented throughout. Bitbuy operates with a 95% cold storage reserve for all digital currencies in custody and executes daily encrypted and distributed backups for disaster recovery. The core of our mission at Bitbuy is making you feel safe that your digital currency is protected!
The Lowest Fees
Bitbuy offers some of the lowest buy and sell fees available in Canada. You can check out our trading fees and processing times before you buy Cardano (ADA).
Award-winning Customer Support
Buying cryptocurrency directly from individuals is slow and risky. Cryptocurrency exchange platforms like Bitbuy make the process faster and convenient.
Our customer support is one of the big differences between Bitbuy and other exchanges. You can talk to a real person over email or on the phone. It’s an essential part of simplifying cryptocurrency for everyone.
Interac eTransfer is the most popular way to pay online in Canada. Canadians want to buy Cardano with Interac, but banks don’t make it easy. Bitbuy exists to simplify the process when you want to buy Cardano in Canada with Interac. You can use your bank account directly to fund your Bitbuy account, which you then use to buy and sell cryptocurrencies in Canada.