

Cardano was founded in 2017 by its creator Charles Hoskinson, a co-founder of Ethereum. The goal of Cardano is to create a society that is more secure, transparent, and fair. The project plans on accomplishing this through its proof-of-stake protocol, which can host smart contract functionality. As the primary token of Cardano, ADA is used to pay fees on the platform and plays a critical role in Cardano’s governance process.
1. Create an Account
Visit the Netcoins website and click on the sign-up button. Or download the Netcoins app from the app store for mobile. Enter your email address, create a strong password, and agree to the terms and conditions. You will receive a confirmation email click on the link to verify your email address.
2. Fund it
Choose your preferred funding method: bank wire transfer, Interac e-Transfer, crypto deposit, or cash deposit. Follow the prompts to transfer funds into your Netcoins account. The process is quick and incurs no fees.
3. Start Trading
Once you have funds in your Netcoins account, you'll find that it's super easy to buy ADA in Canada.





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Why Buy Cardano?
At its core, Cardano aims to accomplish similar things to Ethereum functionality but with greater efficiency and functionality. One example of this is smart contracts, which have the potential to remove reliance on large financial institutions. Some areas of emphasis for Cardano include transaction costs, token supply, and transaction speeds. Through its developed proof-of-stake protocol, Cardano can achieve faster and cheaper transactions than most cryptocurrency blockchains. This sets them up well for scalability as the network grows.
Additionally, Cardano has a supply cap of 45 billion ADA tokens that can exist at any point in time. This removes inflation risk, which usually reduces the value of your tokens over the long run.
As the native cryptocurrency of Cardano, ADA is heavily tied to the project’s growth and success, which is one of the main reasons ADA saw nearly 10x price appreciation throughout 2022. Looking into the future, an investment into Cardano could be an investment into a project that could potentially be a serious competitor to Ethereum through its quicker and cheaper blockchain network.
Learn about Ethereum or Blockchains on our educational blog!
What Makes Cardano Stand Out?
Why are Investors Excited about Cardano?
What Can You Do With ADA?
Why is KYC (Verification) required?
Netcoins Inc. is a licensed money service business under FINTRAC, and a registrant under the Provincial Securities Commissions, and adheres to the strict guidelines set by them for Money Transmitter Businesses and Securities Registrants. We are required to have a Know-Your-Client (KYC) process and compliance program in place. KYC is a process that allows us to verify the identity of our customers.
What do I need to provide for your verification process?
You will have to provide your email address, phone number and personal information including your first name, last name, address, date of birth and a piece of identification (like a driver’s license). Most users are verified at this point through our automated process. If you don’t pass the automated KYC process, you will have to go through an additional document verification stage. This is important and required as we are a regulated money service business.
How can I fund my account?
Your Netcoins account can be funded with a crypto deposit, Interac e-Transfer, or a bank wire transfer. Once you have funds in your Netcoins account, you’ll find that it’s super easy to buy ADA in Canada.