Best Cardano (ADA) Brokers And Exchanges In 2025

Author

Michael MacKenzie

Michael is a UK-based investment writer with over 10 years of experience in the journalism industry. Michael has critically evaluated many of the largest investment brokers in the UK.

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Editor

James Barra

James is a UK-based writer and investor with consultancy experience at some of Britain's largest financial organisations. James authors, edits and fact-checks content for a row of investing websites.

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Fact Checker

Tobias Robinson

Tobias is a UK director and partner at Investing.co.uk. He provides commentary on the financial markets in the UK and supports the testing team with first-hand observations from over two decades of active trading.

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Cardano (ticker ADA) is one of the most interesting decentralised finance (DeFi) projects out there, doing away with the proof-of-work standard in favour of a clever proof-of-stake scheme that manages to remain decentralised and secure at a small fraction of the energy requirement of Bitcoin and similar cryptocurrencies.

Jump into our pick of the best brokers to trade Cardano (ADA) – tested by experienced crypto traders and industry experts in the UK.

How Investing.co.uk Chose The Best Cardano Brokers

We reviewed brokers that provide reliable access to Cardano (ADA) trading. Our team tested each platform to evaluate ease of use, execution quality, and the range of crypto trading tools.

We then ranked the brokers by overall ratings, combining our hands-on experience with verified data points such as ADA availability, fees, spreads, and account features, to highlight the best choices for trading Cardano.

What To Look For In An ADA Broker Or Exchange

Trust

Reliability is always our highest priority when reviewing brokers, and this should be your top criteria when selecting one, too.

Since Cardano is a popular cryptocurrency, it’s available on numerous crypto exchanges and brokers, but be careful: the loosely regulated world of crypto trading carries more risk than most other assets.

Crypto exchanges often provide more assets to trade with ADA and tighter spreads, but they can be more risky, since they are not typically licensed by the UK’s Financial Conduct Authority (FCA) or other respected international bodies in the same way as traditional crypto brokers, meaning there is less regulatory oversight.

In 2022, the collapse of one of the largest crypto exchanges of the time, FTX, showed how even the largest exchanges can carry high risk.

Fortunately, you can trade ADA via FCA-regulated brokers, providing a more secure option.

Charting Platform

The best charting platforms allow traders to evaluate price history, identify entry points and execute trades from one screen, and this can be hugely helpful when trading a volatile crypto token like Cardano.

Since ADA and similar tokens often experience large price swings in a short time frame, a clunky interface can kill your chances at profit so you want a fast and responsive platform with powerful integrated tools and indicators.

Old favourites like MetaTrader 4 are still supported by most brokers, but these are starting to show their age and newer platforms like TradingView are now firm favourites among our team.

You’ll also find many exchanges in particular offer their own proprietary platforms, and these can be excellent options as they’re geared specifically toward crypto trading.

Trading Cardano on TradingView

Pricing

Choose a Cardano broker with tight spreads and low commissions or you’ll find that fees quickly slice away your trading profits.

You’ll usually find that crypto brokers charge a variable spread, sometimes in addition to a flat commission fee.

Crypto exchanges often charge ‘maker/taker’ fees, with lower spreads awarded to market makers who set limit orders and higher spreads to ‘takers’ who place market orders. These are usually discounted at increased trading volumes.

Leverage

Trading with leverage allows you to boost the size of your position using borrowed funds, and it can be a very useful tool for experienced trader with high risk tolerance.

However, the increased position size also greatly increases risk as losses are magnified, and these can mount very quickly when trading a highly volatile instrument like Cardano.

DeFi Account Options

Crypto tokens like Cardano are attractive to many investors because of the flexibility they provide as decentralised finance (DeFi) instruments, so you may wish to find an exchange that supports these features.

You may want to look for crypto exchanges that support features like staking or yield farming to earn interest on your ADA tokens.

What Is Cardano?

Cardano is an interesting blockchain platform that uses an Ouroboros proof-of-stake technology backed up by peer-reviewed research. This allows it to maintain similar decentralisation and security standards to other blockchains and cryptos without requiring the energy usage of a small country.

The founder of Cardano, Input Output Hong Kong, released Cardano in 2017 and have since seen it grow massively.

The Cardano network is a flexible and advanced blockchain that provides a strong foundation for application development and technological advancement. As with other blockchains, Cardano has a native token that supports local transactions, called Ada (ADA).

How Cardano Works

Proof Of Stake Vs Proof Of Work

Despite its fame, Bitcoin has received a fair amount of bad press, thanks to its massive energy usage. The reason for this is the proof-of-work philosophy that its blockchain is built on.

Bitcoin, along with almost every other cryptocurrency except Cardano, maintains its security by producing additional blocks through the solution of massive, unique computational problems.

Ada is built on an entirely different philosophy called proof-of-stake. Rather than solving big problems to prove the validity of a transaction, Cardano’s blocks are produced by selecting participants to generate new blocks.

The selection process uses a cryptographic algorithm called a verifiable randomness function (VRF) that assesses the size of the stakes that different participants, called stake pools, have in the blockchain. Staking rewards participants with some of the Ada that is produced with the new block.

The benefits of proof-of-stake are so clear, especially given the current climate crisis, that its popularity is rising massively. The first proof-of-stake blockchain project, Peercoin, combined both consensus mechanisms to improve the fairness of the mining system and reduce the energy requirements.

Ethereum, the world’s second-largest cryptocurrency, has also noticed the potential of proof-of-stake and is currently implementing upgrades to move away from proof-of-work.

Environmental Benefits

The approach taken by Cardano to validate transactions and produce new blocks is significantly less damaging to the environment than other cryptocurrencies.

This is because it doesn’t take a massive amount of computational power to create a new block, it simply requires staking some capital. This allows the network to run with an energy efficiency four million times larger than Bitcoin.

How To Start Trading Cardano

Brokers Vs Exchanges

Before you can begin trading Cardano (Ada), you need to decide whether you want to invest by owning some or simply speculate on its price movements.

For those looking to own the crypto and get directly involved with the blockchain, contributing to its demand and development, an exchange allows you to buy and hold the coin itself. When selecting an exchange, pay attention to its security, trustworthiness and fee structures.

If you wish to speculate on the price movements of Ada or the success of the Cardano platform, then you need a suitable broker. The quality of crypto brokers can vary massively, so be sure to do your research. Some of the most important things to look out for are FCA regulation, fee structure, security and trading platform.

Be aware when trading with an exchange that these are not covered by the same regulatory framework as FCA-licensed brokers, so you won’t have the same protections.

We advise beginner traders to stick with regulated brokers, though serious crypto traders will often prefer a dedicated crypto exchange.

Michael MacKenzie

Author

Set Up a Digital Wallet

If you have opted to become an owner of Cardano’s Ada, then you will need a digital wallet (e-wallet) to hold the asset.

When selecting a wallet, the most important thing to factor in is security. While people store physical money in safes and bank vaults, relying on physical walls and locks to keep money safe, digital assets sit in an online wallet protected by digital programming. If someone hacks your wallet, your money can all disappear, so finding a trustworthy wallet provider is imperative.

A common solution to this issue is to hold the Ada on a hardware wallet, which is a hard drive or SSD that stores the crypto much like a digital wallet, but that can be removed from a computer. Some of the most popular hardware wallets are the Ledger Nano X, S and the CoolWallet S, all of which support Cardano staking.

Start Trading Cardano

Once set up with a broker or exchange and wallet, you can begin trading Cardano. Investors can simply buy some Ada and store it in their wallet, possibly using it for transactions or staking some in a stake pool for a financial reward.

Speculators can start analysing the price movements of Cardano, using day trading strategies or patterns to inform trades. Alternatively, traders can look at new events and research the market to decide for themselves whether the price may rise or fall.

Bottom Line

Cardano has generated a lot of buzz, and with its impressive energy efficiency and strong historic bull runs you have an encouraging blockchain system that promises to keep improving off the back of peer-reviewed academic research.

To some, this may be enough to begin investing, but you should always be careful when risking your capital. Do as much research as you can to understand Ada and its future potential, be wary of online guides promising specific price movements and always follow robust risk management strategies.

To get started, check out our list of the top Cardano trading platforms.

Cryptoassets are highly volatile and many are unregulated in the UK. No consumer protection. Tax on profits may apply.