In this guide you’ll get information about where to buy Kadena, if you are planning to buy KDA – You’re in the right place!
For those who are unfamiliar with cryptocurrency or blockchain platform, the many decentralized platforms existing in the world today would be overwhelming. For them, all platforms may be the same. However, Kadena is different because it is created as a hybrid platform. Kadena is designed because the developer team has seen the issue related to private blockchain technology. The technologies may be advanced, but they can only provide either scalability or high performance – not both. Not to mention when users consider the part of BFT consensus into the mix. The algorithm is rarely deployed or included into production. It is able to achieve high performance at first but it tends to display significant (performance) degradation when the cluster size increases. That’s why PoW or mining is considered the only efficient and workable alternative.
Kadena wants to change it all. The platform implements ScalableBFT protocol, which provide low latency and high performance. As a hybrid blockchain, Kadena consists of a permissioned network, Pact (smart) contract language, and a public blockchain without having the issues (scalability and performance).
- Official website: https://www.kadena.io/
- Twitter: https://twitter.com/kadena_io
- Telegram: https://t.me/kadena_io
- Whitepaper: https://www.kadena.io/whitepapers
Table of Contents
Kadena (KDA) Features
- Scalability and speed. The public blockchain has managed to display a (live) network expansion from 10 chains to 20 chains. It has doubled throughput too and proven the (blockchain) ability to scale in the production. It is done to meet the high demand. The platform is considered the fastest (sharded) layer 1 for PoW blockchain. It is able to deliver infrastructure-grade performance within DeFi economy.
- Connectivity and control. The platform permission network has high performance quality, and it connects to the public blockchain. It enables custom architecture service for user case requirements, including those with the most demanding type.
- Open access for everyone. The hybrid blockchain network is open for everyone, especially entrepreneurs and companies. This platform provides benefits for private and also public networks without sacrificing quality.
- Simplicity and security. The smart contract language is created for blockchains. It has military-grade protection and security perimeter, including Formal Verification. In smart contracts industry, Pact has become the standard. It is because such a system offers many beneficial features (like robust permission controls, multi-signature nature, and interchain communication) while maintaining the human readable performance.
Where to Buy, Sell and Trade Kadena aka KDA
You can basically use debit card, credit card, or even PayPal to buy the Kadena (or any other cryptocurrencies). However, the transaction won’t be direct. It’s not like you pay with cash and you get the Kadena as the exchange.
With cryptocurrency, things are different. You need to use debit card or credit card to buy the Ethereum or Bitcoin or Tether first. After you get the ETH or BTC or USDT, you can convert it to Kadena. It takes several stages and processes. You need to gain access to the reputable cryptocurrency exchange first to make sure that everything is safe and sound.
In general, the process would be:
- You go to the online exchange and buy the Ethereum (ETH), Bitcoin (BTC), or Tether (USDT)
- Find a crypto exchange that supports Kadena currency and exchange your Ethereum / Bitcoin / Tether with the Kadena
- Store your Kadena to a secured wallet
That’s the first step in buying Kadena, once you get your Bitcoin or Ethereum or Tether, you can continue to the next step.
Choosing the Best Cryptocurrency Exchange for Your Investments
After you have your Coinbase account, you need to choose a cryptocurrency exchange to make your deals, then you need to transfer your newly purchased BTC or ETH or USDT from your Coinbase wallet.
With so many options out there and so many unbalanced reviews across the internet, it can be quite challenging to choose the right exchange service. Since we are looking out for you and we are interested in making you win money as well, we have taken the liberty of picking ten of the best ranking exchanges you can contact on the internet. For the sake of transparency, we can tell you that our operations keep running each time you click on these recommendations.
These are the best exchanges we can recommend for you to exchange BTC or ETH or USDT with Kadena:
Binance is the top-ranked cryptocurrency exchange in the market, and it’s the place to go to trade large volumes of digital assets. They established their operations back in 2017 in Malta, one of the few countries to openly embrace cryptocurrencies as a financial instrument. They currently average up to 1.2 billion dollars in trade right now. Binance.com is unable to provide services to U.S. citizens or residents.
- Deposit Methods: Bank transfer (ACH), Bank transfer, Cryptocurrency, Debit card, Wire transfer
- Fiat Currencies: USD, GBP, CAD, EUR, CNY, RUB, TRY, NGN, UAH, KZT & 5+ more
- Supported Cryptocurrencies: BTC, EOS, BCH, ETH, FET, XVG, TRX, NEBL, XRP, NEO & 345+ more
- Trading Pairs: 1189+
Bybit is a leading cryptocurrency exchange offering a secure and efficient trading platform for digital asset enthusiasts. Founded in 2018, it specializes in derivatives trading, including perpetual and futures contracts, with high leverage options. Known for its user-friendly interface, Bybit caters to both novice and professional traders. The platform provides advanced tools, including charting and risk management features, ensuring a seamless trading experience. Bybit also supports spot trading, staking, and passive income opportunities. With 24/7 customer support, robust security measures, and a reputation for reliability, Bybit has become a popular choice for crypto traders seeking innovation and transparency.
- Deposit Methods: Cryptocurrency, Credit/Debit card, Third-party payment services, Peer-to-Peer (P2P) trading
- Fiat Currencies: USD, EUR, GBP, JPY, and 60+ more
- Supported Cryptocurrencies: BTC, ETH, XRP, LTC, DOGE, and 300+ more
- Trading Pairs: 500+
MEXC is a global cryptocurrency exchange platform known for its user-friendly interface, extensive range of listed cryptocurrencies, and innovative features. Established in 2018, MEXC provides trading services such as spot, futures, and margin trading, catering to both beginners and advanced traders. The platform supports a wide variety of altcoins, often listing new and promising projects. MEXC is popular for its high liquidity, competitive trading fees, and robust security measures, including two-factor authentication and fund protection protocols. It also offers staking and earning opportunities through its launchpad and DeFi integration, making it a versatile choice for crypto enthusiasts worldwide.
- Deposit Methods: Bank transfer (ACH), Cryptocurrency, Debit card, Wire transfer
- Fiat Currencies: USD, GBP, CAD, EUR, CNY, RUB, TRY, NGN, UAH, KZT & more
- Supported Cryptocurrencies: BTC, EOS, BCH, ETH, FET, XVG, TRX, NEBL, XRP, NEO & over 2,700 others
- Trading Pairs: Over 3,000
IMPORTANT! Once you are registered to the crypto exchange above, Go back to COINBASE and send your Bitcoin/Ethereum/Tether to your new exchange. Find the KDA/BTC or KDA/ETH or KDA/USDT trading pair and then place the order to buy those pairing cryptocurrencies.
Most likely you’ll find this pair available to you KDA/USDT – so you need to convert your BTC or ETH to USDT first in order to buy KADENA (KDA)
Step 3: Managing Your Crypto Assets in a Secure Wallet
As your portfolio of crypto assets expand, you will need to have a crypto wallet to keep your goods safe. There are thousands of service providers on that end, and choosing the right one would take an entirely new guide to share some knowledge about this topic.
You can install one of these wallets in your hardware. That way, you can keep your currencies in your devices, such as your desktop or laptop. If you prefer, you can also use an online wallet to keep your holdings safe on the internet.
There are also options to have mobile wallets installed on your smart device, but most of them are lacking in the space department. The final option would be a paper wallet, which is nothing more than a euphemism to get an official legal document that states the content of your wallet and the keys to gain access to them.
For Securing your Kadena (KDA) We recommend you to use hardware wallet which support many cryptocurrencies – Choose between these two: Ledger or Trezor
LEDGER NANO-X: Securely trade on-the-go and manage a large number of assets at the same time, with only one device.
- Secure
- Mobile Friendly
- Easy to Manage
- Supported Coins: 1200+
TREZOR MODEL-T: The next-generation cryptocurrency hardware wallet, designed to be your universal vault for all of your digital assets. Store and encrypt your coins, passwords and other digital keys with confidence.
- Invented for your digital independence
- keeps your keys safe
- Easily back up your entire wallet
- Supported Coins: 1093+
Frequently Asked Questions (Faqs)
Can I Buy Kadena (KDA) with PayPal?
You won’t be able to buy this directly with PayPal. If you are going to use PayPal, you need to buy Bitcoin or Ethereum first and then exchange it with the Kadena. You can use LocalBitcoins to find Bitcoin or Ethereum seller who accept paypal as payment.
Can I Buy Kadena (KDA) with Cash?
You can’t buy it directly, you need to get BTC / ETH first. buying Tether with cash you can do the following:
- Make sure you have a BTC / ETH wallet before you buy from seller
- Go to LocalBitcoins and find person in your area who sells BTC / ETH and accept cash.
Can I Buy Kadena (KDA) with Skrill?
You can’t buy KDA directly with skrill but you can buy Bitcoin/Ethereum first using Skrill and exchange it later to Kadena. You can buy BTC/ETH with skrill by using these exchanges::
- LocalBitcoins
- Paxful
- Virwox
- SpectroCoin
- Lykke
- Exmo
- Coingate
Can I Buy Kadena (KDA) with Bitcoin?
Yes, you are basically exchanging your Bitcoin with this. Just head to any exchanges listed above, find trading pair KDA/BTC and begin the transactions.
Can I Buy Kadena (KDA) with Ethereum?
Yes, the process is similar to using Bitcoin: Find a criptocurrency exchange which support KDA/ETH trading pair.
What Is the Best Payment Method to Buy Kadena (KDA)?
The cheapest way is to use bank account to buy Tether (USDT) first or to buy the Kadena right away. The fastest way is to use a credit card but you will then be charged higher fees.
How to Protect Kadena (KDA)?
Once you have purchased the Kadena, transfer it to your wallet. We recommend using hardware wallet, here are some recommendations:
How to Sell Kadena (KDA)?
Find a crypto exchange which allow pairing KDA with USDT – convert it back to Tether, then sell your Tether for a fiat currency.
Can I Mine Kadena (KDA) and Not Buying It?
You can’t mine this actually. It has a completely different network and structure than the regular Bitcoin. The only way to own a Kadena is to buy it from a reliable exchange.
Conclusion
Kadena would be perfect for users who want to enjoy effective platform without having to deal with high performance or scalability. Whereas other users have to deal with either poor scalability or low performance, users in Kadena won’t have to worry about such a thing. They have to buy Kadena (KDA) first if they want to join the platform.
