ADA is the original crypto currency (referred to as Native Token) of Cardano network.

You can divide 1 ADA into 1,000,000 Lovelaces. This is the same concept as $1 Dollar has 100 Cents except you can divide ADA into smaller bits.

You can hold, receive, send and transfer your ADA from digital crypto currency wallets and exchanges.

There are currently only 2 official digital wallets and you should download at least one of the official wallets before you even try to get any ADA. 
Two official wallets are Daedalus and Yoroi.

​Daedalus wallet is for your PC. It's a larger download, but it does offer more options. You can stake and earn interest every epoch (5 days). You can create bunch of wallets and easily transfer ADA around. Daedalus runs on Windows, macOS and Linux.
You can download it from here: Daedalus Wallet Official Page

Yoroi wallet is for your smart phone. Smaller download and starts up quickly, but it has less option. It runs on any device that has Chrome with extensions enabled. 
You can download it from here: Yori Wallet Official Page

You can also keep ADA on other wallets, such as hardware wallets and third party wallets as well as on crypto exchanges that you have an account with and that have ADA trading enabled. 

If this is your 1st ADA wallet get the official ones. Do not keep you ADA on the exchanges. Exchanges get hacked, regulated or bankrupt. Be your own bank, keep your ADA safe. 

So, you got a digital wallet. You know what ADA is and how Cardano works. How do you buy ADA and get it into your wallet now?

The most common way to buy ADA seems to be trough exchanges. There are 100's of exchanges and about 50 of them sell ADA. However, each of these exchanges have different rules depending from which country you are in and sending money from. If this is your 1st time buying any crypto I will list 3 exchanges that will cover most of the countries, have good safety and stability record and have many options to buy ADA.

1. Coinbase- Based in USA. They are one of the oldest crypto exchanges out there. Well supported in many countries. They are beginner friendly, plus they give you a chance to earn some free crypto while learning. You will need Valid ID scan/picture to open an account. You can check them out here: Coinbase Official Page

2. Kraken- Also USA based. They are my favorite out of these three. Beginner friendly. You will need Valid ID picture/scan and a smartphone with Google Verify or other 2FA apps to use this account. They have a lot of ways to fund your account with fiat money. They have advanced trading options, for when you turn pro and start trading on margin. You can check them out here: Kraken Official Page

3. Binance- No one is sure exactly where they are based out of. They seem to function out 30 countries. Don't let that scare you away. They are one of the largest exchanges out there. If your country is not supported by previous 2 there is a good chance that you may be able to still trade on Binance. They are becoming a one-stop-shop for everything crypto. They even have their own crypto currency. You can check them out here: Binance Official Page

If you are just starting don't bother with DeFi exchanges known as DeXs. You will need to own crypto to be able to trade on them for other crypto. 

There is one more way to start, but it's only good for small amounts of ADA. You can search Ebay for ADA "Mining" or "Staking" contracts. These terms are used because you seem to be able to sell crypto on Ebay only as a service. Also, the price is much higher for ADA then on exchanges because Ebay and payment processors take about 10% to 14%. So if you just want to start with 5 to 20 ADA you can try this method. Upside is that you can use PayPal or credit card to buy it. You know how to find Ebay. 

ADA101 completed! Congrats! 


​-Neo