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Crypto exchanges are a growing trend and a common way Canadians invest. Cardano is a third-generation public blockchain offering valuable cryptocurrencies and is becoming more available on platforms across Canada and internationally; and it’s also become a top-rated cryptocurrency internationally. Read on to check out the best Cardano exchange.
It’s essential to use a quality exchange when you buy, sell, and trade Cardano, with high security, payment options, and features designed for beginners and advanced investors.
While many exchange platforms offer excellent options for crypto investors of all levels, finding the right option for your investment goals and financial needs is essential. Our top picks are based on various characteristics best suited for a wide variety of investors while providing excellent security and services.
Reputation is a significant factor, as an exchange with a solid track record of good performance while supporting customers is vital for performance and ease of use.
While some platforms offer a handful of top cryptocurrencies, including Cardano, some prefer an exchange that features hundreds of digital assets, including cryptocurrencies and NFTs or non-fungible tokens.
It’s also essential to find an exchange with reasonable fees and rates, an excellent opportunity to earn on your investment, and the potential to make passive income. Some cryptocurrency exchanges offer incentives to open an account or bonuses if you invest a minimum amount.
This desktop exchange is a commission-free mobile trading platform and offers access to many cryptocurrencies, including Cardano. Uphold began in 2014 and currently has over 1.5 million users globally.
This exchange is well-known for its excellent reputation and the ability to trade directly across different classes of assets, which allows you to trade gold for Bitcoin, for example, without extra conversion fees.
You’ll also have the option to stake ADA, and Uphold’s fee structure is transparent and reasonable. The only downside is that European and UK residents cannot use the platform.
This platform is owned by Wealthsimple, which offers an extensive collection of crypto coins without charging fees for withdrawals and deposits. It’s currently Canada’s largest robo-advisor, and the Canadian Securities Administrators regulate it.
You can invest in Cardano and many other cryptocurrencies by electronic funds transfer, and there is a trading fee of between 1.5 to 2%; there are some great promotions if you deposit a minimum of $150.
Wealthsimple Crypto allows you to buy, sell, trade, and hold digital assets, though you won’t be able to store them in a personal crypto wallet, especially a hardware wallet option. The platform allows storing your digital assets with Gemini Trust Company, which provides cold storage.
CoinSmart is an excellent trading platform ideal for beginners and advanced investors. It’s an easy exchange to join and open an account, and new accounts take only minutes to verify.
It’s available in the U.S., Canada, and Estonia. Since being established in 2018, this platform continues to grow and provides a variety of cryptocurrencies, with reasonable trading rates and fees on deposits and withdrawals.
Several funding methods are available to build your portfolio on this exchange, including bank wire transfers, credit and debit cards, Interac e-transfers, and bank drafts.
Coinberry is not as widespread as CoinSmart or Wealthsimple but provides excellent services and a handful of digital currencies to trade. It’s mobile trading and compatible with Android and iOS apps.
Coinberry is user-friendly for beginners, with 29 crypto coins available. No fees to withdraw funds or deposit fiat, and funding methods include wire transfers and e-transfers.
While Coinberry is a smaller crypto exchange, some decent benefits include promotional bonuses and access to a secure crypto wallet through Gemini Trust Company.
Bitstamp is one of the oldest exchanges and a popular option for crypto investors worldwide. It was established in 2011 and had over four million users. The variety of cryptocurrencies offered by Bitstamp includes Cardano, and the system is generally user-friendly for new traders.
It’s a secure platform and is well-regulated. Bitstamp is available in Canada, most states in the U.S., and the UK.
One of the largest crypto exchanges in the world, Binance offers many great options, including its currency, BNB, and many other digital assets.
The exchange has over two billion daily volumes and offers a breakneck transaction speed of 1.4 million per second. While Binance isn’t available in all of Canada’s provinces, it offers over three hundred coins, including ADA pairs.
Based on the account, the trading fees in Binance vary, with most trades starting at 0.10% for spot market trading. Great promotions are available, including a 25% lifetime discount on trading commissions.
Several funding methods are available, including credit cards, Visa and Mastercard, crypto deposits, and payments from third parties. Binance is one of the biggest trading exchanges for Canadian users, and while it is widely available in Canada, it is not open to residents of Ontario.
NDAX, or the National Digital Asset Exchange, is ideal for crypto investors in retail and institutional companies and organizations. This crypto exchange offers more advanced settings, including 24/7 live support, in-depth technical analysis, instant ID verification, and low fees.
NDAX is registered with FINTRAC and follows strict requirements to ensure the best outcome for investors, including KYC or “know your client” requirements. Several funding options make it convenient to fund your portfolio, such as wire transfer, interact e-transfer, crypto deposits, and bank drafts.
In contrast, NDAX offers a handful of cryptocurrencies, including Cardano. The platform offers bonuses for large deposits of $100 as the minimum.
This versatile exchange is accessible by desktop and mobile apps. Newton is an Ontario-based crypto platform and offers several coins and digital assets, including Cardano.
This platform is user-friendly and was founded in 2018, and you can fund your account on this exchange with crypto deposits, Interac e-transfer, and bank wire. One of the significant benefits Newton offers is over seventy types of coins, and there are no fees to deposit or withdraw.
This platform is worth signing up for excellent access to affordable crypto investments and promotional bonuses when you open an account. Newton is also registered with FINTRAC and Money Service Business (MSB).
One of the top Canadian crypto exchanges, BitBuy is an excellent option for investors of all levels. The commission rates are low, and you’ll have access to many cryptocurrencies, with great benefits available with this digital exchange.
BitBuy offers tremendous advantages, such as holding your crypto and offering to repurchase it when you’re prepared to sell. It’s a highly secure site, with two-factor authentication as a mandatory requirement and SSL technology so that you can rest assured that your money is safe.
BitBuy is also approved by the Ontario Securities Commission and is reputable.
There are many advantages to BitBuy, including easy deposits and e-transfer as an option, a simple interface, and user-friendly options. Bitgo covers the platform’s insurance, and wire transfer fees are low, especially if you transfer below $20,000.
It’s one of the best platforms for trading Cardano, and while other cryptocurrencies are available, BitBuy offers just under twenty.
This U.S.-based crypto exchange is an excellent option if you’re looking to explore Cardano and many other digital assets, including up to 250 in total. It’s an excellent platform for trading, and you can access trading options for a low fee, including stablecoins and ADA.
It’s easy to buy Cardano on this exchange, and it’s a versatile platform where you can use a credit card or bank account to buy coins directly. Crypto.com provides several crypto staking options and great lending perks.
This crypto exchange is registered with FINTRAC and provides cold storage with excellent security through Ledger, one of your digital assets’ top cold wallet options. You can earn in several ways on Crypto.com, including collecting cash back on purchases with your crypto as fiat currency.
The platform also allows you to apply for a loan without credit checks. Your funds will always be safe, as the total amount, 100%, is held in cold wallet storage.
This exchange is a great marketplace that’s highly liquid and with great options for trading with ADA on-the-spot market trading and over one hundred pairs. Registering for a new account is easy, and the verification process is quick and straightforward.
You’ll need an active bank account to fund your Kraken account, and you can also use wire transfers, credit cards, and other payment options to add funds. The fees on this platform are reasonably priced for trading and other transactions.
Cardano is an excellent cryptocurrency that is now widely available on crypto exchanges worldwide, whether you choose a small exchange to get started or a large platform with hundreds of cryptocurrencies and digital assets.
While there are many exchanges to choose from, you’ll find that it’s essential to review each option carefully and determine which option would be best for your level of knowledge, investment experience, goals, and range of cryptocurrencies.
Fortunately, most crypto exchanges offer reasonable transaction processing fees and often feature zero fees for withdrawals and deposits. Many digital assets offer mobile apps as an excellent convenience to trade, buy, and sell on the go. Thanks for checking out the best Cardano exchange.
Make your money do more.
Offers shown here are from third-party advertisers. We are not an agent, representative, or broker of any advertiser, and we don’t endorse or recommend any particular offer. Information is provided by the advertiser and is shown without any representation or warranty from us as to its accuracy or applicability. Each offer is subject to the advertiser’s review, approval, and terms. We receive compensation from companies whose offers are shown here, and that may impact how and where offers appear (and in what order). We don’t include all products or offers out there, but we hope what you see will give you some great options.
The above list of exchanges is available in Canada, and all provide the option of Cardano coins. However, many exchanges are limited to certain countries, which may not include Canada.
Some exchanges provide crypto trading to all Canadians, while others are restricted to residents of only certain provinces and territories. This limitation may be due to regulations or the types of services provided on the exchange.
The best crypto exchange platform for users depends on your specific investment goals and your comfort level in working with digital assets.
It’s a versatile cryptocurrency for donations, selling, buying, and trading.
Cardano transactions are stored on the public blockchain, and each node includes a copy of all transactions completed.
See the top crypto deals and welcome bonuses on the market.
