How to buy Cardano from Philippines

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💲Minimum deposit 200$
🪙Cryptocurrencies: Cardano and +15 more
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How to buy

If you live in Philippines, the best way to buy Cardano is, definitely, this popular broker.

eToro, one of the main brokers around the world, is registered and licensed by the Cyprus Securities and Exchange Commission, and therefore complies with all the regulations of the European Union, the most demanding in the world.

We recommend eToro because you can create an account for free with this broker, and its fees for trading online are very low. Besides, eToro accepts users from Philippines, it is really easy to manage, and its friendly interface is ideal for those who are starting to trade with cryptocurrencies and stocks.

How to sign up, step by step

The first thing you need to do is click here and fill in the fields on the right: enter your name, email, and set a password.

Then check your email: you should have received an email from eToro, click on the link and your account will be verified.

Once on eToro, you just have to click on “Deposit funds”, in the page menu.

There, you can choose how much money you want to add to your account (the minimum is $ 200) and the payment method:

As you can see in the image, the first deposit can be made by credit card, PayPal, or bank transfer.

If you have a choice, we do not recommend bank transfer because it takes longer, and it can be very frustrating to see the price of Cardano rising while you wait for your transfer to be done.

How to make your first purchase

As soon as eToro has confirmed the receipt of your credit, you just have to search for “Cardano” in the search bar, click on “Invest” and choose the amount in dollars you want to invest.

Is it too late to invest?

Cardano is a blockchain platform created by one of Ethereum's co-founders, Charles Hoskinson, who left the project to undertake an even more ambitious one: being the new Bitcoin.

In fact, Cardano's potential is so great that it is attracting a multitude of investors and as a consequence, its cryptocurrency ADA is appreciating at dizzying rates: since March 2020 alone, its value has risen 4000%.

This means that if you had invested $ 200 in Cardano in March 2020 right now you would have about $ 8,000.

Does that mean it is late to invest in Cardano?

Nothing is further from reality.

This has just begun

To illustrate this, here is an example: imagine that in April 2011 you had read the news that a revolutionary digital currency called Bitcoin was making its investors rich because it had appreciated 4000% in the last year.

You probably would have thought that it was a bubble and that it couldn't get much bigger.

But you would have been mistaken because seen in perspective, a 4000% increase in the initial price of Bitcoin was something derisory compared to what came later.

Check it out on this chart, the red arrow marks the point where Bitcoin rose 4000% and prompted the first “it's a bubble” comments:

If instead of discarding the investment or waiting for a fall in the price to invest (because that fall never occurred), you had put in $ 200, do you know how much your investment would be worth 10 years later?

More than five million US dollars.

So our advice is this: don't make the same mistake as the millions of people who could have become millionaires with cryptocurrencies but thought “it's too late.”

Purchase instructions

What is Cardano?

The Cardano boom is a consequence of the revolutionary innovations it is introducing in the world of cryptocurrencies.

In fact, it is known as the “third-generation cryptocurrency”, after Bitcoin (first generation) and Ethereum (second generation).

These are the most important contributions of Cardano:

Low transaction fees

Ethereum, Cardano's big competitor, has a lot of scalability issues.

This means that when the network is in high demand it becomes saturated, transactions slow down, and, worst of all, commissions skyrocket.

Cardano, on the other hand, has an infinitely scalable network thanks to its “peer to peer” or P2P architecture.

Does this expression sound familiar to you? It is the protocol used by file download programs, in which the more users there are, the better the network works. And this is exactly what happens in Cardano.

Here is an example to help you understand the huge difference between Ethereum and Cardano when it comes to fees:

On February 8, 2021, two similar amounts of Ethereum and Cardano were transferred:

  • $ 177.500 million in Ethereum
  • $ 148.000 million in Cardano

However, these were the amounts for commissions in each of them:

  • $ 28,8 MILLION in Ethereum
  • $ 4.040 in Cardano.

The fees for Ethereum were roughly SIX THOUSAND TIMES higher than for Cardano.

Transactions with metadata

Currently, the main cryptocurrencies are completely anonymous: there is no way of knowing who has made what transfer to whom and for what reason. There is no such thing as “metadata” in the transfer.

This has a positive side, of course, but at the same time, it allows the blockchain to be used for criminal purposes such as money laundering, online scams, and even terrorist financing.

And traditional governments or financial institutions will never adopt the blockchain without the guarantee of being able to control these activities.

And that's where Cardano comes in.

Transfers with Cardano remain anonymous, but if the different parties agree, metadata (information about the transfer) can be included.

This is how the project opens the door for states and banks to use their infrastructure, to bring financial and identification services to citizens.

Actually, Cardano has already signed agreements with developing countries to offer these services to their inhabitants.

As a consequence, hundreds of millions of people are going to become users of the currency in the coming years and, as their offer is limited, this will lead to an increase in its value. Therefore, those who have bought on time will be able to earn a lot of money.

Resistance to quantum computing

Quantum computing is still in development, but in a few decades, it will revolutionize computing as we know it.

A traditional computer, even if it is of the latest generation, would take millions of years to break the cryptography that protects Bitcoin, Ethereum, and other cryptocurrencies.

However, if quantum computers become what is estimated, they will have a computational power infinitely greater than what we know today.

This means that not too many years from now, a computer might be able to break the keys that protect the storage of our cryptocurrencies and snatch them from us, which would mean the end of cryptocurrencies, because: who would want to keep their savings in cryptocurrencies under the risk to be looted?

Advocates of Bitcoin and Ethereum rightly argue that something like this would be decades away and downplay it.

The Cardano project, on the other hand, has gone ahead and is already making great strides towards achieving a code that is resistant to quantum computing.

Academic approach

One of the things we like the most about Cardano is that it has a distinctly scientific and academic approach. It is the only cryptocurrency that uses the system known as peer review.

This means that before any improvement in the Cardano ecosystem is published, it is sent to teams of researchers from leading universities such as Edinburgh or Tokyo, who review all the work, complement it if necessary, and give their approval or not.

Not in vain the experts assure that the Cardano code meets quality standards only seen in NASA or SpaceX.


There are currently several hundred cryptocurrencies competing to lead the market.

Cardano has made a smarter bet: to take advantage of the power of its network to create an “internet of blockchains”, a common protocol that allows cryptocurrencies to communicate with each other without the need for intermediaries.

This would solve a current problem: if you are a Bitcoin holder and want to “communicate” (send funds) with someone who owns Ethereum, first you must exchange your Bitcoin for Ethereum.

When Cardano achieves interoperability this will no longer be necessary.

Fund to finance new applications

Finally, another groundbreaking innovation from Cardano is the strategy for financing the development of new applications.

The system is simple: part of the fees for each transaction will be stored in a special wallet to which no one will have direct access.

The developers will then present application proposals to the Cardano community and they will vote on whether to grant funding from the treasury.

Purchase instructions

Investment strategies

Now that you know the potential of Cardano, we are going to talk about some basics about trading and eToro.

What is stop-loss?

Certain assets have not stopped rising so far, but that does not mean that we should neglect risk management, and stop-loss is essential for this.

Stop-loss is simply an order that automatically sells the asset if it falls below a certain price.

From time to time there are stock market or cryptocurrency “crashes”, and it is true that in the long term everything is almost always recovered. However, if we manage to sell on time, we can buy back when the asset has hit bottom and earn much more money with the rise.

Let's take an example: the famous Bitcoin crash of early 2018.

Imagine that you anticipated the exponential increase and bought at $ 9,000. In case you hadn't used the stop-loss, you would have experienced the complete rise to almost $ 20,000, doubling your money…  but then you would have watched everything collapse and end up, more or less, at the same point you started.

On the other hand, if as the price of Bitcoin soared like a rocket, you had been increasing your stop-loss, you could have exited before Bitcoin began its fall.

Important: You must take into account that, unless you are coming from the future, you will not be able to open a trade just before the rise and come out exactly at the peak. And whoever tells you otherwise is deceiving you:

Successful traders spot trends, ride the wave, and go down before it hits the rocks.

A much more realistic (and tremendously lucrative) operation would be something like this:

Suppose you bought at $ 9,000, you raised the-stop loss as Bitcoin rose, always keeping it approximately 20% below the maximum price. So when Bitcoin reached $ 19,900, you placed the stop-loss at $ 15,500.

Therefore, when the price started to fall you would have suffered only part of the consequences and escaped the worst of it.

Neither the first purchase was just before the rise, nor was the stop loss at the peak, nor was the buyback at the “bottom” of the price. But still, with this strategy, you would have made a lot more money than by simply keeping the position open and waiting for Bitcoin to rally.

Do you know why?

Because by escaping from the worst part of the plummet, you can use the preserved capital to buy back the asset when it shows signs of bottoming out.

In order for you to understand it better, we will compare both situations:

Buy and wait

If you had bought, for example, 1BTC at $ 9,000 and had not placed a stop-loss, simply trusting that the price would rise again, today your portfolio would be worth $ 60,000. A pretty decent performance.

Risk management

On the other hand, if you had bought 1BTC at $ 9,000, had sold at $ 15,500, and had reinvested all that money in Bitcoin when the price showed signs of having bottomed out, you would not have 1BTC, but 1.73BTC, valued today at about $ 105,000.

That means, by managing your risk correctly just once, you would have made your portfolio worth nearly twice as much.

Without working miracles to find perfect entry and exit points!

What is “social trading”?

eToro is the pioneer of “social trading”. This means that eToro has two great advantages over other regular brokers.

The first one is its social network format, where users are continually sharing information, debating, and estimating the moves in the market. If you are new to stock and crypto trading, you can learn a lot from the eToro community.

The second one is “CopyTrading”: this innovative system allows you to automatically replicate the operations of the most experienced users with high profits.

This system is ideal for those who don't have time to manage their operations or don't feel able to do so yet.


Yes, it is as easy as it sounds: if instead of investing directly in Cardano you want someone to manage your portfolio, you just have to go to the “People” tab, choose a trader and click “Copy” so that your account begins to automatically replicate its operations.

But remember that a trader's past performance is not a guarantee of future returns, so it is important to always set a stop-loss to maximize profits, as we explained in the previous section.


There is a variation of CopyTrading that in our opinion is even better than copying individual investors: the CopyPortfolio.

For instance, eToro's cryptoPortfolio is a wallet of the main cryptocurrencies, a more diversified way of investing in cryptocurrencies for those who don't want to put all their eggs in one basket.

Remember that you can also put a stop-loss if you invest in a CopyPortfolio (and that you probably should do it).

What is leverage?

When someone uses leverage, is borrowing money from the broker so they can buy more.

For example, if tomorrow is Apple's results and you are convinced that they will be excellent and the market will like it, the logical thing is that you open a fairly large position.

But if at that point you only have $ 500 available in your portfolio, you can leverage x5 and your original $ 500 will become $ 2500 (multiplied by five) because eToro will have loaned you the remaining $ 2000.

This way, if you were right and the stock goes up 10%, you will have made $ 250, whereas if you had only traded with the original $ 500 your profit would only be $ 50. Nevertheless, it is important not to prolong your operations with leverage too long, as the price can turn around and take away your profits.

Caution: the same way that with leverage you can earn much more, the losses will also be much higher. We only recommend using leverage for those operations in which you are really sure of what you are doing.

Also, when using leverage, remember to set a very tight stop-loss, to cut losses as soon as possible if the stock or asset moves in the opposite direction than expected.

What is going short?

In the same way that you can go “long”, that is, anticipating that a stock is going to appreciate, you can also do the opposite and make money when a stock falls.

For example, if you have found that a stock is highly overvalued and you are convinced that a correction is coming soon, you can go short. If this stock falls 10%, for instance, you will have gained 10% on your original investment.

At first it may sound absurd, but to go short on an eToro asset you just have to click on “Sell” (even if you have not bought it before) and choose the amount. If it happens as you predicted and the stock depreciates, you just have to close your position and collect your gain.


All things considered, at CriptoAmigo we are convinced that in a few years Cardano will have a lot of prominence in the global financial scene and that it is a good decision to invest in this cryptocurrency, now that it is still relatively unknown.

And although in the long term the price tends to rise (especially with the better cryptocurrencies, that always go upward), it is important to manage the risk and always place a tight stop-loss that frees us from corrections and then allows us to buy back at better prices

We will say it again: the best option to invest in Cardano from Philippines is undoubtedly eToro because its commissions are very low, its interface is friendly and above all, because it has amply proven to be a reliable broker.


How much is the minimum investment in Cardano?
Only 200$.

When will I be able to take out my money?
Whenever you want. Simply end your Cardano position, click on “Withdraw Funds” and that's all.

What deposit methods accepts this broker?
You can use: PayPal, Bank Transfer, Credit Card, Rapid Transfer, Klarna / Sofort Banking, Neteller and Skrill

Purchase instructions

* Please note that CFDs are complex instruments and imply a high risk of losing money quickly due to leverage. 67% of retail investor accounts lose money when trading CFDs with this provider. You need to consider whether you understand how CFDs work and whether you can afford the risk of losing your money. Crypto assets can fluctuate widely in price and are therefore not appropriate for all investors. Crypto-asset trading is not overseen by any EU regulatory framework. Past performance is not an indication of future results. This is not investment advice.