
Cardano
ADARank #19What is Cardano?
Cardano is a blockchain platform built on academic research that enables smart contracts and decentralized applications while using significantly less energy than traditional cryptocurrencies like Bitcoin.
What sets Cardano apart is its methodical, research-driven approach — every major feature is peer-reviewed by scientists and cryptographers before being added to the network. This careful process aims to create a more secure and stable foundation compared to platforms that prioritize speed over thorough testing. The platform's native cryptocurrency, ADA, is used to send money, pay transaction fees, and participate in network governance.
How to Buy Cardano in India
The easiest way to buy Cardano (ADA) in India is through an FIU-registered Indian exchange. Here's how:
- Create an exchange account — pick an exchange that appears on the FIU-IND register and complete KYC verification (Aadhaar + PAN). Takes under 10 minutes.
- Deposit INR — Add funds via UPI, IMPS, or bank transfer. No minimum deposit.
- Search for ADA — Use the search bar to find Cardano. Tap on it to open the trading pair.
- Place your order — Enter the amount in INR you want to invest. Use a market order for instant purchase, or a limit order to set your price.
- Secure your holdings — Your ADA is stored in your exchange wallet. For large amounts, consider transferring to a hardware wallet.
Tax on Cardano in India
30% flat tax on all crypto profits under Section 115BBH of the Income Tax Act. No deductions allowed except cost of acquisition.
1% TDS on all crypto transactions above ₹10,000 under Section 194S. This is deducted automatically by Indian exchanges and can be claimed as credit when filing ITR.
Losses from Cardano trading cannot be set off against gains from other cryptocurrencies or any other income. Each transaction is taxed independently.
For a complete breakdown of crypto taxation in India, including ITR filing steps and airdrop rules, read our Crypto Tax India 2026 Guide.
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