Cardano (ADA) is a proof-of-stake blockchain that supports smart contracts and decentralized applications. Its technological advancements and strong leadership under Charles Hoskinson, Ethereum co-founder, have made it a popular investment choice. This guide covers everything Canadians need to know about buying, securing, and selling ADA in 2025.
Where to Buy Cardano (ADA) in Canada
Purchasing Cardano in Canada involves selecting a reputable crypto exchange, verifying your account, and funding it with CAD. Below are top platforms for buying ADA:
Newton
- Features: No deposit/withdrawal fees, instant verification, beginner-friendly.
- Drawback: Higher spreads than competitors.
- Bonus: $25 sign-up bonus.
Coinsmart
- Features: Fast transactions, low trading fees, supports multiple cryptocurrencies.
- Bonus: $50 in Bitcoin for new users.
NDAX
- Features: 0.2% fixed fee, robust security, wide coin selection.
- Bonus: $10 credit on first $100 trade.
Binance
- Features: Global leader, low fees, BNB fee discounts.
- Method: Credit/debit card or bank transfer via Banxa.
Crypto.com
- Features: User-friendly app, staking/NFT options, Interac e-Transfer support.
How to Secure Your Cardano (ADA)
Never leave ADA on exchanges. Transfer it to a private wallet:
- Hardware Wallets (e.g., Ledger, Trezor) for maximum security.
- Software Wallets (e.g., Daedalus, Yoroi) for convenience.
Selling Cardano in Canada
- Transfer ADA from your wallet back to the exchange.
- Sell for CAD and withdraw to your bank account.
- Check for withdrawal fees (e.g., NDAX charges $25).
FAQs
Can I buy Cardano in Canada?
Yes—use any exchange listed above.
What’s the cheapest way to buy ADA?
Interac e-Transfer deposits avoid card processing fees.
Is Cardano a good investment?
While ADA has strong fundamentals, crypto investments are inherently risky. Research thoroughly.
Current ADA Price?
As of June 2025: ~$0.77 CAD (fluctuates frequently).
👉 Compare crypto exchanges for ADA trading
Disclaimer: This content is for educational purposes only. Crypto investments carry risks; always conduct independent research.