Cardano is an open-source, proof-of-stake (PoS) blockchain platform designed for the development of decentralised applications. It is smart contracts platform that aims to improve on the scalability issues that Bitcoin has. Cardano is one of the biggest blockchains platforms to successfully use a proof-of-stake algorithm. ADA is the native token of the Cardano network and is designed to ensure holders of the token can participate in community governance and other operations of the network.
In 2015, the Cardano network was conceived. Charles Hoskinson, the co-founder of Bitshares and Ethereum, founded the Cardano Project. Cardano’s primary objective is to establish a stable ecosystem of cryptos all over the world. Its goal is to solve the scalability issue and offer an alternative to high transaction charges found on the Ethereum and Bitcoin networks. It is also recognised as the only crypto network undergoing comprehensive peer reviews by experts to ensure that it gives its users the best bang for their buck. Cardano is currently used by agricultural companies for the purpose of tracking fresh produce from the farm to the fork. Other products built on the Cardano blockchain platform allow for educational credentials to be stored in a safe and secure manner. To Buy Cardano in New Zealand, sign up to the Swyftx Crypto Exchange.
Check out our in-depth Cardano guide on Swyftx Learn.
You can buy Cardano ADA in New Zealand on a registered cryptocurrency exchange, like Swyftx. Swyftx allows you to buy, sell and trade Cardano and over 250 digital assets. If you’re looking to buy ADA Cardano in NZ, you’ll first need to create an account with Swyftx. To sign up, you’ll need to provide a few basic details like your name, email address and phone number. Next, you’ll need to verify your ID by submitting a form of government-issued photo identification. This step typically only take a few minutes to complete. Following ID verification, you can then deposit NZD into your account via debit card. Once the funds have been received, you can then buy Cardano (ADA) and other cryptocurrencies.
The Swyftx cryptocurrency exchange offers users a seamless trading experience. If you’re not ready to buy Cardano with real money, you can use our demo mode to mock trade with artificial currency. Our demo mode is great if you’re looking to get into cryptocurrency and learn the markets without committing yourself financially. Swyftx has a number of advanced features to improve your trading experience. You’ll have the ability to set automatic, price-triggered buy and sell orders. Other features include a custom dashboard customer support and live chat. We understand that getting into crypto for the first time can be intimidating and confusing. Our team of customer support specialists are here to help you along the way, assisting you with any questions or concerns you may have.
The maximum supply of ADA is 45 Billion and there is about 33 Billion ADA currently in circulation.
When you buy Cardano, you should safely store it in a crypto wallet. A crypto wallet is a software system that allows you to safely send, receive and store your digital assets. A crypto wallet doesn’t hold any physical coins. Instead, it contains a public and private key. A public key is a long sequence of letters and numbers that people can use to send money to your wallet. A private key is similar to a pin number for your bank account. It allows you to access the funds within your wallet. Swyftx has a wallet for each of the assets listed on our exchange. When you buy ADA and other crypto assets on Swyftx, they will be automatically stored in the wallet integrated with your account.
Swyftx has lower spreads and cheaper trading fees than our closest competitors when you buy Cardano.
Verify your email address, phone number and identity in under 10 minutes.
Advanced security features like Breached password detection and Two Factor Authentication help protect your account from scammers.
Learn to trade and gain experience with Swyftx risk free by enabling the demo mode. We even simulate real life liquidity and market depth.
Deposit and withdraw NZD via bank transfer.
Automate your crypto investments. Setup recurring deposits to your Swyftx account and have then automatically split across your own range of cryptos.
Never miss a trade or get caught out by the crypto market volatility. Set Buys and Sells to trigger at any price you want.
Easily secure your account with multi-factor authentication and biometric login. Swyftx also monitors other sites for data breaches that might result in compromises on your account.