How to invest in ADA in Singapore? A detailed guide for beginners

Investing in ADA in Singapore requires understanding the market foundation, choosing platforms such as Binance, Independent Reserves or Kuco, assessing risks and continuing to learn to cope with market volatility and policy changes.

Apr 01, 2025 at 04:45 pm

In the wave of digital currency, Cardano (ADA) has attracted the attention of many investors with its unique technical concepts and development potential. If you are in Singapore and want to get involved in the ADA investment field, then this must-read detailed guide for you is tailor-made for you. It will take you step by step into the key steps and points of investing in ADA in Singapore, helping you embark on your investment journey.

• Binance : As a world-renowned cryptocurrency trading platform, Binance is regulated in Malta and has a good reputation to provide additional protection for traders. You can buy ADA directly and quickly using convenient methods such as credit cards, debit cards or bank transfers. The transaction fee is 1%-3.5% depending on the method. If transactions are made through the platform, the transaction fee is as low as 0.1%. The platform verification process is fast and convenient, and can be completed in just a few minutes. It also provides transactions of more than 100 popular cryptocurrencies and many alternative tokens. The trading interface can be customized according to your own experience level.

  
  

• Independent Reserve : This is an Australian trading platform, which is also very popular in Singapore, with more than 200,000 customers and is trusted by more than 8,000 self-managed super funds. The team is extremely transparent and the CEO is a board member of the Australian Blockchain Association, providing 7×24 hours of customer support. It is simple to operate and supports buying ADA directly in Singapore dollars. There are also a variety of cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH) and other cryptocurrencies available for trading on the platform.

• Kucoin : It is well-known in the industry and is extremely competitive in terms of handling fees and transaction costs. The business has grown from providing only cryptocurrency-to-cryptocurrency trading in the early days to now covering a variety of services, including P2P transactions and credit and debit card purchase functions. Currently, the platform provides ADA and more than 300 other popular token transactions, and is often the first to provide trading opportunities for new tokens.

• Comparison of cryptocurrency trading platforms : Refer to the above introduction and other information, and compare transaction fees, security, ease of use and other aspects to select the platform that suits you the most.

• Create an account : Complete registration on the selected platform, verify email address and identity as required, submit personal identity and residence certificate documents, etc.

• Deposit funds : You can choose to deposit funds into your account using debit cards, credit cards, bank wire transfers or Bitcoin as the investment principal.

• Purchase ADA : After the funds arrive, find the ADA trading pair on the trading platform interface, enter the purchase amount or quantity, and confirm the transaction to complete the purchase.