How to buy Cardano ADA using Moonpay

Introduction

Purchasing cryptocurrencies, including ADA (the native token of the Cardano blockchain), has become increasingly accessible with a variety of payment methods, including credit and debit cards.

This article will discuss an option to buy ADA using your credit or debit card: the Moonpay service directly integrated into the jpg.store platform. 

Buying ADA via Moonpay

Moonpay is a fintech startup that allows individuals to buy cryptocurrencies with a credit or debit card. Here's a step-by-step guide on how to buy ADA using Moonpay:

1. Visit Moonpay: Start by visiting the Moonpay website or platform where Moonpay is integrated.
2. Select ADA: Choose ADA from the list of available cryptocurrencies.
3. Enter Purchase Amount: Input the amount of ADA you wish to buy. The equivalent amount in your local currency will be displayed.
4. Add Wallet Address: Enter your ADA wallet address where you want to receive the ADA tokens. Ensure that this address is correct, as transactions cannot be reversed.
5. Fill in Personal Details: You'll need to provide some personal information due to Know Your Customer (KYC) regulations.
6. Add Card Details: Input your credit or debit card details.
7. Confirm Purchase: Review all the information and confirm your purchase. The ADA tokens will be transferred to your specified wallet address once the transaction is completed.

Conclusion

Purchasing ADA or NFTs using a credit or debit card is straightforward, thanks to Moonpay. As with any online transaction, always ensure you're operating on a secure network and be wary of sharing sensitive information. After purchasing, remember to store your assets securely, ideally in a cold wallet, if you plan on holding them for an extended period. Happy trading!