Buy Cardano in New Zealand (ADA)

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Cardano: NZD 0.87804
Nzd
Nzd
Ada
Ada
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Cardano: NZD 0.87600
Ada
Ada
Nzd
Nzd
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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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  • Multi-currency trading

    Buy and sell Cardano and other popular cryptocurrencies with NZD, or USD.

Buy Cardano and manage your portfolio on the go

Buy and sell Cardano (ADA) and other popular cryptocurrencies anywhere, anytime with the Independent Reserve app.

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Buy Cardano from New Zealand’s trusted crypto OTC desk

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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.

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