How to buy Cardano no KYC

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Can I directly buy ADA? Learn to buy Cardano no KYC with a credit card at the decentralized StealthEX exchange.

Are you looking for quick ways to buy Cardano(ADA) and don’t want to create an account at an exchange? In the fast-paced world of cryptocurrencies, swapping your Cardano crypto is now as easy as a few clicks! 🚀 In this guide, we’ve got your back to guide you through the process of buying ADA without ID or verification.

In particular, a direct swap feature allows Cardano investors to exchange one ADA token for another directly within their wallets, eliminating the need to transfer funds to an external exchange. This feature streamlines the buying process, saving time and reducing transaction fees.

For crypto investors, direct swaps offer several advantages:

  • Convenience: Swapping directly within the wallet eliminates the need to register for an external exchange, transfer funds, and wait for confirmations.
  • Speed: Direct swaps are often faster than traditional exchange-based swaps, as they occur within the user’s wallet.
  • Reduced Fees: Direct swaps can lower transaction fees by eliminating the need for intermediary exchanges.

In this article, we’ll guide you through the steps to buy Cardano using Trust Wallet, without the need for KYC or creating an external account. By continuing to read this guide you learn:

  • How to buy ADA no KYC using the StealthEX exchange
  • How to download and install Trust Wallet(optional)
  • Find Cardano address on Trust Wallet(optional)

How To Buy ADA No KYC(4 Steps)

First of all, I’ll assume that you are new to cryptocurrencies and have never used a crypto wallet like Trust Wallet before. Therefore, we’ll start at level zero where you have to set up and install this wallet first.

Of course, you can skip some steps in this buying process if you already using this wallet regularly. That being said, let’s kick off from here (👍)

Step 1: Download Trust Wallet

Download Trust Wallet from the App Store or Google Play Store for free. If you prefer a desktop, you can download the Trust Wallet by going to the Trust Wallet website.

Besides, don’t forget to verify first if you are visiting the official Trust Wallet website. Otherwise, you risk downloading a fake wallet.

Step 2: Setup Your Trust Wallet

After downloading Trust Wallet, follow the steps to set it up. It’s actually really easy.

  1. Click ‘Create a new wallet
  2. Create a secure password
  3. Secure your secret recovery phrase
  4. Congrats! Your wallet is created

The most important part of setting up any self-custody wallet like Trust Wallet is recording your 12-word secret recovery phrase and storing it in a safe place.

Your secret recovery phrase is the key to your wallet and the funds within. Whoever has your recovery phrase has control of your funds. So make sure to keep it secure.

In other words, besides a password, you also need to secure the 12-word recovery phrase. The password gives access to your device, where the recovery phrase will allow you to do transactions on the blockchain.

Therefore it is important to write it down and lock it away in a safe place. Preferably in an at-home safe that is both fire and waterproof.

Never store your wallet’s private key online such as in a cloud or any files on your phone or computer.

If you lose your recovery phrase, there is no way to recover it or your wallet.

TIP – A good option for securing your recovery phrase is to use a stainless steel crypto wallet that can survive about anything, from fire to acids, and lasts more than 20 years.

Step 3: Find Cardano Address on Trust Wallet

To be able to transfer cryptocurrencies to Trust Wallet you have to use your wallet’s public address — a unique identifier on the blockchain network.

Suppose you want to buy ADA at the StealthEX exchange then you need to give your wallet address to them. This is to let them send the required tokens to you.

Additionally, to find your Trust Wallet’s public address, click on ‘Receive‘ button above in the menu. Once clicked, a huge QR code appears below the public key(Something like this: ‘addr1qxffktmhp4kz08ymw9pu45tamlr6q2hdjdqlr8em3m86usvqckgp9j8s4h837ken2vjds9pt8cf0n4rzp4as5chjc4cqf7y266‘)

Then, click the ‘Copy‘ icon below to store the address in memory.

Once you have your wallet’s public address, you can transfer ADA crypto from the StealthEX exchange by pasting the address into the “Recipient” field.

Steps for receiving ADA on Trust Wallet
Steps for receiving ADA on Trust Wallet

This will send the ADA tokens directly to your Trust Wallet(It will be explained in detail in the next step).

Step 4: Buy ADA No KYC

At this point, you are ready to buy ADA with Trust Wallet without verification. To achieve this you need to initiate a swap on the StealthEX exchange. At this exchange, you can use a credit card to purchase Cardano(ADA). Remember that you only can buy without KYC if you purchase less than €700 (or any other currency). Below are the steps:

  1. Just go to StealthEX. Open the Buy Cardano window instead of the autoADAally loaded Exchange.
  2. Then select fiat currency and choose the cryptocurrency that you want to buy. In this case: ADA.
  3. Paste the Cardano wallet address(copied above).
  4. Purchase ADA using a credit card(VISA or Mastercard)
Buy Cardano no KYC with StealthEX
Buy Cardano no KYC with StealthEX

Again, when buying an amount of Cardano(ADA) under €700 for the first time you won’t need to take the KYC procedure. However, know that an e-mail address or mobile number(only once!) is required to finalize the transaction. All in all, just send in the fiat and wait for your purchase to go through!

Buying ADA Without Verification Further Explained

StealthEX is a platform that allows you to buy ADA tokens worth up to €700 without having to go through the KYC (Know Your Customer) process. You can make a single purchase of €700 or several transactions of €20, €50, or €100, as long as your total purchases do not exceed €700. This means that you can exchange your assets across chains in minutes without the need to verify your identity.

The process of entering the world of cryptocurrencies can be complicated, but with StealthEX, it is easier and hassle-free. You may be wondering if buying ADA without KYC is legal. The answer is yes! According to the rules, exchanges are required to identify customers who want to buy or withdraw funds of €1000 or more. Purchases under €1000, however, do not require any verification checks. Remember that buying transactions aren’t fully anonymous as you must provide an e-mail or mobile number(only once!) to make the purchase go through.

Finally, StealthEX aims to eliminate the tiresome and lengthy verification process, even for small purchases of cryptocurrency. With StealthEX, you can now enjoy a smooth and seamless online crypto purchasing experience.

👉Go To StealthEX

Conclusion: To Buy ADA Without Verification Beneficial?

If you’re new to cryptocurrencies and lack experience, you’re more likely to opt for a platform that offers a seamless user experience to make a small purchase. Nobody enjoys verification procedures, and nobody wants to wait for their documents to be processed.

In today’s fast-paced internet world, where most things are accessible instantaneously, customers are likely to abandon an onboarding process if it’s too long and time-consuming. This could cause you to procrastinate the KYC procedure. As a result, you’ll miss the opportunity to buy your preferred ADA tokens at a great price.

This is especially true for crypto enthusiasts who love the digital crypto world for its quick transactions. Therefore, by using a web3 wallet like Trust Wallet to buy Cardano(ADA) uplifts this buying experience.

Related: Withdraw BNB From Trust Wallet To Bank Account


Does Trust Wallet Allow You To Buy Cardano with Fiat?

In short, yes you can. Also, you don’t need to verify your ID if you want to receive Cardano or do swaps within the wallet. However, first-time fiat purchases(USD or EUR) require you to do KYC at one of their third-party providers.

Do I Need To Create An Account At StealthEX?

No, you don’t. To buy ADA no KYC doesn’t require users to sign up first.

Which Credit Cards Allow You To Buy ADA?

With StealthEX you can use VISA, Mastercard, and SEPA for ADA purchases. However, PayPal isn’t supported, but this can change anytime soon.

Disclosure: This post could contain affiliate links. This means I may make a small commission if you make a purchase. This doesn’t cost you any more but it does help me to continue publishing cool and actual content about Bitcoin & Crypto – Thank you for your support!

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