Cardano

Cardano

$ 0.09378 right now

-4.17%

Mkt. Cap

$ 2,431.53 M

Vol. 24H

$ 0

Open 24h

$ 0.09787

Low/High 24h

$ 0.09297 - $ 0.1009

Trade name: ADA
Year of Foundation: 2015

Ranked at the first 10th on the market capitalization list, many investors tend to ignore Cardano, not knowing its potential to bring in profits just like any other dominant cryptocurrency like Bitcoin and Ethereum.

So what is Cardano?

Cardano is a cryptocurrency that has been built in Haskell code. The coin uses a math-based approach to a more secure and reliable protocol. Among the main things, you will notice with Cardano is that it is built on a research-first blockchain, giving it more features than other major cryptos such as Ethereum.

The developers of ADA, the ticker symbol of Cardano, have incorporated a multi-level approach to ensure sustainability of the coin.

What was the primary goal of developing ADA?

Just like developers of any other crypto, the developers of Cardano had a purpose when developing the coin. The development team, popularly referred to as Input-Output Hong Kong, purposed to create a platform for smart contracts. The platform was for the enthusiasts who wished to develop decentralized apps using major programming languages like C++ or Javascript.

How to get Cardano

Below are the two simple steps that will make you an ADA trader:

Step 1: Choose a wallet

Given that ADA is a relatively new coin, its wallet options are also limited. The most viable option at this moment is the desktop wallet, which is also known as Daedalus.

Step 2: Buy Cardano

Launched in 2017 October, getting Cardano can be a little bit hard. There are limited places where one can get the coin. Among these places include the following:

  • Bittrex
  • Binance
  • Bitmex
  • Coinnest

You can buy it either by cash, credit card or PayPal.

Statistics of ADA is below:

Latest Cardano (ADA) – USD Historical Price Chart