So what’s the best way to get Cardano (ADA) in the UK?
The best way to buy Cardano (ADA) in the UK is with Binance. On this cryptocurrency exchange, you’ll be able to buy Cardano (ADA) at the real exchange rate without paying high fees (max 0.1%).
However, Binance isn’t a beginner-friendly way to buy Cardano (ADA).
If that’s what you’re looking for, then there are some alternative options you should know about. However, the added convenience they provide means you’ll pay higher fees.
Whatever route you’re looking to take, I’ll outline the best places to buy Cardano (ADA) in the UK in this post.
Summary: Best Places to Buy Cardano (ADA) in the UK
Let’s just get straight to the point: where are the best places to buy Cardano (ADA) in the UK?
The table below summarises the best places to buy Cardano (ADA) in the UK with various payment methods.
|Provider||Payment Method||Fees (Approx.)|
|Binance||UK Bank Transfer||< 1%|
|Kraken||UK Bank Transfer||< 1%|
|Changelly||BTC & Altcoins||< 1%|
|ShapeShift||BTC & Altcoins||< 1%|
|Crypto.com||Credit & Debit Card||2.99%|
|BC Bitcoin||UK Bank Transfer||5.0%|
|Coinmama||UK Bank Transfer||5.9%|
|Cryptomate||UK Bank Transfer||8.5%|
Best Ways to Buy Cardano in the UK
1. Binance – Buy Cardano (ADA) With GBP
In 2021, Binance is the cheapest place to buy Cardano (ADA) in the UK.
Binance has been around since mid-2017, but it’s only recently become possible to deposit GBP into Binance using a UK bank transfer. It supports Faster Payments (FPS) too, which means that the money you send over to your Binance account will be credited quickly (within about 15 minutes).
Trading fees are also dirt-cheap. They’re volume-based (i.e., the more you trade, the lower you pay), but the maximum you’ll be charged (even if you’re buying small amounts) is 0.1%. You’ll struggle to find a cryptocurrency exchange that offers lower fees than this.
And even better?
Binance has added a GBP trading for Cardano (ADA) on the 26th February 2021. This means that you can buy Cardano (ADA) DIRECTLY with GBP.
Binance currently has 11 GBP trading pairs available to UK residents:
Here’s what you’d need to do to buy Cardano (ADA) on Binance.
Alternatively, you can buy Cardano (ADA) using Tether (USDT) or another cryptocurrency on Binance.
Binance currently has 11 Cardano (ADA) trading pairs:
On top of Cardano (ADA), you can use Binance to buy more than 250 cryptocurrencies – at the real exchange rate and the same low fees (max 0.1%). This includes cryptocurrencies with smaller market capitalisations like DASH, NEO, and AAVE.
Check it out yourself.Binance Website
2. Crypto.com – Buy Cardano (ADA) with a Debit Card
I’m a fan of what Crypto.com are doing.
It’s not just a place where you buy, sell, and store more than 90 cryptocurrencies. You can also:
- Earn up to 12% interest on your cryptocurrency balances.
- Get one of the best crypto debit cards around.
- Buy gift cards and top-up your phone with your crypto balances.
- And more…(find out more in my Crypto.com review).
And in 2021, Crypto.com is one of the cheapest places to buy Cardano (ADA) in the UK with a credit or debit card.
UK residents can buy Cardano (ADA) and any other supported cryptocurrency at the real exchange rate – and you’ll pay 2.99% in fees.
I’ve frequently mentioned the Crypto.com app in my other buying guides – as it’s currently the simplest, easiest, and cheapest way to get your hands on dozens of the most popular cryptocurrencies with a credit or debit card.
3. BC Bitcoin – Buy ADA with UK Bank Transfer
There are a few alternative places where you can buy Cardano (ADA) with a UK bank transfer – but they’ll all charge you higher fees.
To my knowledge, BC Bitcoin is currently the cheapest of these alternatives.
|BC Bitcoin||UK Bank Transfer||5.0%||BC Bitcoin Review|
|Coinmama||UK Bank Transfer||5.9%||Coinmama Review|
|Cryptomate||UK Bank Transfer||8.5%||Cryptomate Review|
BC Bitcoin allows you to easily and quickly buy loads of cryptocurrencies, including Cardano (ADA). They’ll sell you cryptocurrencies at the market rate but there’s usually a flat fee of 5% for orders under £100,000 (with a minimum order value of £100)
BC Bitcoin also has great feedback from customers. They currently have a 4.8-star Trustpilot rating, with over 300 reviews.
When I read through the reviews, I found lots of praise for how simple and quick they’ve made the registration and buying experience.
If you signup with BC Bitcoin using this link, you’ll be charged 3% in fees (instead of 5%) when you buy Cardano (ADA) using a UK bank transfer.
Check out my review to learn more about them.BC Bitcoin Review
Best Cardano (ADA) Wallets
The Cardano (ADA) official wallet is Daedalus. This is available on Windows, macOS, and Linux. This is a “full node” wallet, which means that it downloads an entire copy of the blockchain.
If you don’t want to do that, then there are two lightweight wallets called Yoroi and AdaLite. There’s also Atomic Wallet if you want a user-friendly multi-currency wallet that’s available on desktop and mobile.
These are decent options. However, it’s well-recommended across the community to use a hardware wallet to keep your cryptocurrency secure.
Here are the three hardware wallets that support Cardano (ADA):
Thanks for reading this guide on how to buy Cardano (ADA) in the UK!
Still have a question or concern?
Comment below and let me know!
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