Buy Cardano in New Zealand (ADA)
How to buy Cardano in New Zealand
Register, deposit and buy in 5 minutes.
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1. Create account
Securely create your personal or business account and verify your identity.
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2. Deposit funds
Deposit NZD via SWIFT or AUD via bank transfer, PayID or NPP.
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3. Buy Cardano (ADA)
Enter the dollar amount you want to trade for ADA and click “Buy”.
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Buy and sell crypto
You have simple and advanced ways to buy and sell Cardano. Trade using the order book, website, mobile app or the API.
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Portfolio tracking
Track your portfolio in real-time using the web portal or on your mobile app.
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Dollar-cost averaging
Automate your crypto investments with strategies that allow you to dollar-cost average (DCA).
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Multi-currency trading
Buy and sell Cardano and other popular cryptocurrencies with NZD, or USD.
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Buy and sell Cardano (ADA) and other popular cryptocurrencies anywhere, anytime with the Independent Reserve app.
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What is Cardano (ADA)?
Cardano is an entirely decentralised public blockchain project. Its developing network currently provides a secure exchange of value and will integrate smart contract support amongst various other applications. Every transaction on the network is permanent, secure, and transparently recorded on the Cardano ledger and, in its current operating form, the project itself solves ongoing blockchain industry issues - one being the ability to scale infinitely.
ADA is the native token of the Cardano network. The token can be traded on exchanges like other cryptocurrencies as well as being transferred instantaneously for a minimal fee. Additionally, ADA can be utilised on Cardano’s proof-of-stake (PoS) protocol, as opposed to standardised blockchain Proof-of-Work protocols (PoW). PoS in the network allows token holders to participate in the blockchain validation process by delegating their ADA in a mining pool and receiving a reward for their stake.
This protocol provides initiative with no need for large computational power present in PoW structures, making Cardano's Protocol one of the first of its kind. Future developments will continue to provide ADA holders with opportunities to utilise their tokens for a variety of applications and services.
Get started today
Register, deposit and trade in 5 minutes.