Proof-of-Stake/a> consensus mechanism<\/strong> which is a more energy-efficient alternative to the <a href=https://www.bitdegree.org/"https:////www.bitdegree.org//crypto//learn//crypto-terms//what-is-proof-of-work-pow/">Proof-of-Work/strong>/a> mechanism used by Bitcoin.<\/p>\r\n<p><strong>Besides,<\/strong> <strong>Cardano is a multi-layer protocol. <\/strong>It has two layers – a settlement layer and a control layer. The settlement layer is responsible for transacting, trading, and purchasing ADA tokens. The Control layer, on the other hand, is responsible for executing smart contracts and confirming identity.<\/p>\r\n<h2>Who Developed Cardano?<\/h2>\r\n<p><strong>Charles Hoskinson<\/strong>, the CEO of IOHK and the co-founder of <a href=https://www.bitdegree.org/"https:////www.bitdegree.org//crypto//buy-ethereum-eth/">Ethereum/strong>/a>, is the one who developed Cardano. He has been involved in the crypto world since 2011. However, he’s also a mathematician, which explains his urge to name the blockchain and its native token after famous mathematicians. It also explains his choice of employing an academic strategy involving mathematical computations and decisions based on logic while developing and maintaining the network.<\/p>\r\n<p>Emurgo also contributes to the development of the Cardano protocol. It’s a multinational blockchain technology company that aims to support, integrate, and encourage Cardano blockchain applications.<\/p>\r\n<p>Besides, it’s important to mention <strong>the Cardano Foundation<\/strong>, which is a non-profit organization that aims to standardize, safeguard, and advance the Cardano network.<\/p>\r\n<p>Overall, Cardano is controlled by three separate projects that are responsible for different parts of the Cardano crypto project:<\/p>\r\n<ul>\r\n<li><strong>IOHK<\/strong>, which is the one that builds and designs the blockchain.<\/li>\r\n<li><strong>Cardano Foundation<\/strong>, which is the one that oversees the development of the blockchain.<\/li>\r\n<li><strong>Emurgo<\/strong>, which is the one that uses commercial ventures to support the blockchain.<\/li>\r\n<\/ul>\r\n<h2>The ADA Coin<\/h2>\r\n<p>The native coin of Cardano is ADA. Just like the name of the blockchain is inspired by a well-known polymath from the past, the ADA coin also takes its name from an inspiring person. ADA is named after Ada Lovelace, a mathematician from the 19th century. She is often considered as the first-ever computer programmer.<\/p>\r\n<p>Essentially, ADA is a governance token. <strong>It provides its users with the right to vote on various decisions considering the Cardano network<\/strong>. The project can grow over time thanks to the democratic <a href=https://www.bitdegree.org/"https:////www.bitdegree.org//crypto//learn//crypto-terms//what-is-governance/">governance/strong>/a> framework and an innovative treasury system that allows Cardano to sustainably fund itself. Again, if you’re wondering about the current Cardano price, check out the ADA price chart above.<\/p>\r\n<p>Apart from being the governance token, ADA can also be used for other things. For example, <strong>it can be used as a payment method for various products or services that support crypto assets<\/strong>. Additionally, if you want to make transactions on the settlement layer of Cardano, you have to use ADA coins as well.<\/p>\r\n<p>Besides, ADA coins can be <a href=https://www.bitdegree.org/"https:////www.bitdegree.org//crypto//learn//what-is-staking-in-crypto/">staked/strong>/a>. This means that you can <strong>earn profit simply by holding ADA in your wallet<\/strong>. Though keep in mind that staking rewards will probably decline over time, as the amount of circulating tokens is going towards its max supply.<\/p>\r\n<p>IOHK developed a wallet called Daedalus specifically for storing Cardano crypto assets. It is known for its advanced security features. Another wallet that was created for ADA coins is Yoroi. It was developed by Emurgo and it’s very convenient because it takes only one click to install it. Besides, it doesn’t require downloading a copy of the blockchain’s history.<\/p>\r\n<h2>The Supply of ADA Coins<\/h2>\r\n<p><strong>ADA is a deflationary token.<\/strong> This means that the amount of ADA coins in circulation is limited. The max supply of ADA is 45 billion coins.<\/p>\r\n<p>Overall, five ADA public sales took place between 2015 and 2017, during which the ADA price was only around $0.0024. Apart from the tokens dedicated to the sales (84%), the remaining ADA tokens (16%) were distributed to IOHK, Emurgo, and the Cardano Foundation.<\/p>\r\n<p>When discussing the ADA price, bear in mind that it is prone to fluctuations, just like the values of numerous other crypto assets. The Cardano price is ultimately impacted by the same factors that have an impact on the entire cryptocurrency market.<\/p>\r\n<h2>The Alonzo Upgrade<\/h2>\r\n<p>The Alonzo upgrade was launched in August of 2021 as a hard fork. A hard fork is an upgrade that involves major changes and is not backward-compatible. <strong>The Alonzo upgrade<\/strong> <strong>brought the functionality of smart contracts to the Cardano blockchain <\/strong>allowing it to support various dApps and NFTs. It essentially resulted in the increase of the Cardano price.<\/p>\r\n<p>The name Alonzo is also not a randomly given name, just like it is with the blockchain itself and the native token. Alonzo Church, an American mathematician who is regarded as one of the pioneers of computer science, was an inspiration for the name of this upgrade. You can definitely notice a pattern with the names here.<\/p>\r\n<p>Since the Alonzo upgrade provides Cardano with the functionality of smart contracts, <strong>it makes the blockchain a worthy competitor of Ethereum<\/strong>, which is one of the top blockchains in the crypto world. Due to the fact that smart contracts are one of the pillars of the decentralized finance industry, they can give a blockchain a vast range of capabilities and support for applications that aren't necessarily a part of that blockchain.<\/p>\r\n<p>There was also an upgrade before Alonzo called <strong>Shelley<\/strong> that was launched in 2020. The main goal of this upgrade was to improve the decentralization of Cardano, making it at least 50 times more decentralized compared to other networks. However, it was replaced by the Alonzo upgrade a year later.<\/p>","link":"https:\/\/www.bitdegree.org\/cryptocurrency-prices\/cardano-ada-price","crypto_currency_info":{"id":81,"crypto_currency_id":47,"description":"Cardano (ADA) is a cryptocurrency launched in 2017. Users are able to generate ADA through the process of mining. Cardano has a current supply of 34,239,675,266.895 with 33,717,719,707.299 in circulation. The last known price of Cardano is 1.12937961 USD and is down -1.90 over the last 24 hours. It is currently trading on 408 active market(s) with $3,288,061,060.89 traded over the last 24 hours. More information can be found at https:\/\/www.cardano.org.","tags":"[\"mineable\",\"dpos\",\"pos\",\"platform\",\"research\",\"smart-contracts\",\"staking\",\"cardano-ecosystem\",\"cardano\",\"bnb-chain\"]","platform":null,"category":"coin","cmc_logo":"https:\/\/s2.coinmarketcap.com\/static\/img\/coins\/64x64\/2010.png","original_links":"{\"website\":[\"https:\\\/\\\/www.cardano.org\"],\"twitter\":[\"https:\\\/\\\/twitter.com\\\/cardano\"],\"message_board\":[\"https:\\\/\\\/medium.com\\\/feed\\\/cardanorss\",\"https:\\\/\\\/forum.cardano.org\\\/\"],\"chat\":[\"https:\\\/\\\/t.me\\\/Cardano\"],\"facebook\":[],\"explorer\":[\"https:\\\/\\\/explorer.cardano.org\",\"https:\\\/\\\/cardanoscan.io\\\/\",\"https:\\\/\\\/blockchair.com\\\/cardano\",\"https:\\\/\\\/bscscan.com\\\/token\\\/0x3ee2200efb3400fabb9aacf31297cbdd1d435d47\",\"https:\\\/\\\/ada.tokenview.com\\\/en\"],\"reddit\":[\"https:\\\/\\\/reddit.com\\\/r\\\/cardano\"],\"technical_doc\":[\"https:\\\/\\\/docs.cardano.org\\\/en\\\/latest\\\/\"],\"source_code\":[\"https:\\\/\\\/cardanoupdates.com\\\/\"],\"announcement\":[\"https:\\\/\\\/t.me\\\/CardanoAnnouncements\"]}","links":"{\"website\":{\"cardano.org\":\"https:\\\/\\\/www.cardano.org\"},\"community\":{\"twitter.com\":\"https:\\\/\\\/twitter.com\\\/cardano\",\"medium.com\":\"https:\\\/\\\/medium.com\\\/feed\\\/cardanorss\",\"reddit.com\":\"https:\\\/\\\/reddit.com\\\/r\\\/cardano\",\"telegram.org\":\"https:\\\/\\\/t.me\\\/Cardano\"},\"explorer\":{\"explorer.cardano.org\":\"https:\\\/\\\/explorer.cardano.org\",\"cardanoscan.io\":\"https:\\\/\\\/cardanoscan.io\\\/\",\"blockchair.com\":\"https:\\\/\\\/blockchair.com\\\/cardano\",\"bscscan.com\":\"https:\\\/\\\/bscscan.com\\\/token\\\/0x3ee2200efb3400fabb9aacf31297cbdd1d435d47\",\"ada.tokenview.com\":\"https:\\\/\\\/ada.tokenview.com\\\/en\"},\"technical_doc\":\"https:\\\/\\\/docs.cardano.org\\\/en\\\/latest\\\/\",\"source_code\":\"https:\\\/\\\/github.com\\\/cardano-foundation\"}","data":"{\"id\":2010,\"name\":\"Cardano\",\"symbol\":\"ADA\",\"category\":\"coin\",\"description\":\"Cardano (ADA) is a cryptocurrency launched in 2017. Users are able to generate ADA through the process of mining. Cardano has a current supply of 34,239,675,266.895 with 33,717,719,707.299 in circulation. The last known price of Cardano is 1.12937961 USD and is down -1.90 over the last 24 hours. It is currently trading on 408 active market(s) with $3,288,061,060.89 traded over the last 24 hours. More information can be found at https:\\\/\\\/www.cardano.org.\",\"slug\":\"cardano\",\"logo\":\"https:\\\/\\\/s2.coinmarketcap.com\\\/static\\\/img\\\/coins\\\/64x64\\\/2010.png\",\"subreddit\":\"cardano\",\"notice\":\"\",\"tags\":[\"mineable\",\"dpos\",\"pos\",\"platform\",\"research\",\"smart-contracts\",\"staking\",\"cardano-ecosystem\",\"cardano\",\"bnb-chain\"],\"tag-names\":[\"Mineable\",\"DPoS\",\"PoS\",\"Platform\",\"Research\",\"Smart Contracts\",\"Staking\",\"Cardano Ecosystem\",\"Cardano\",\"BNB Chain\"],\"tag-groups\":[\"OTHERS\",\"ALGORITHM\",\"ALGORITHM\",\"CATEGORY\",\"INDUSTRY\",\"CATEGORY\",\"CATEGORY\",\"CATEGORY\",\"PLATFORM\",\"PLATFORM\"],\"urls\":{\"website\":[\"https:\\\/\\\/www.cardano.org\"],\"twitter\":[\"https:\\\/\\\/twitter.com\\\/cardano\"],\"message_board\":[\"https:\\\/\\\/medium.com\\\/feed\\\/cardanorss\",\"https:\\\/\\\/forum.cardano.org\\\/\"],\"chat\":[\"https:\\\/\\\/t.me\\\/Cardano\"],\"facebook\":[],\"explorer\":[\"https:\\\/\\\/explorer.cardano.org\",\"https:\\\/\\\/cardanoscan.io\\\/\",\"https:\\\/\\\/blockchair.com\\\/cardano\",\"https:\\\/\\\/bscscan.com\\\/token\\\/0x3ee2200efb3400fabb9aacf31297cbdd1d435d47\",\"https:\\\/\\\/ada.tokenview.com\\\/en\"],\"reddit\":[\"https:\\\/\\\/reddit.com\\\/r\\\/cardano\"],\"technical_doc\":[\"https:\\\/\\\/docs.cardano.org\\\/en\\\/latest\\\/\"],\"source_code\":[\"https:\\\/\\\/cardanoupdates.com\\\/\"],\"announcement\":[\"https:\\\/\\\/t.me\\\/CardanoAnnouncements\"]},\"platform\":null,\"date_added\":\"2017-10-01T00:00:00.000Z\",\"twitter_username\":\"cardano\",\"is_hidden\":0,\"date_launched\":\"2017-09-01T00:00:00.000Z\",\"contract_address\":[{\"contract_address\":\"0x3ee2200efb3400fabb9aacf31297cbdd1d435d47\",\"platform\":{\"name\":\"BNB Smart Chain (BEP20)\",\"coin\":{\"id\":\"1839\",\"name\":\"BNB\",\"symbol\":\"BNB\",\"slug\":\"bnb\"}}}],\"self_reported_circulating_supply\":null,\"self_reported_tags\":[\"Communications & Social Media\"],\"self_reported_market_cap\":null}","launched_at":"2017-09-01 03:00:00","created_at":"2022-03-25T14:20:17.000000Z","updated_at":"2023-05-18T14:34:11.000000Z"},"crypto_currency_social":{"id":47,"crypto_currency_id":47,"twitter":"{\"name\":\"Cardano Community\",\"username\":\"@cardano\",\"follower_count\":1355878,\"following_count\":447,\"tweet_count\":6239,\"created_at\":\"2017-01-30 00:00:00\"}","reddit":"{\"subscribers\":690399,\"description\":\"Cardano is a decentralised public blockchain and cryptocurrency project and is fully open source. Cardano is developing a smart contract platform which seeks to deliver more advanced features than any protocol previously developed. It is the first blockchain platform to evolve out of a scientific philosophy and a research-first driven approach. The development team consists of a large global collective of expert engineers and researchers.\",\"created_at\":\"2017-03-23 00:00:00\",\"subreddit_type\":\"public\",\"subreddit_name\":\"r\\\/cardano\",\"moderators\":22,\"hot\":[{\"title\":\"Getting Started Guide - A newbies guide to Cardano and the Cardano subreddit\",\"author\":\"SL13PNIR\",\"link\":\"https:\\\/\\\/reddit.com\\\/r\\\/cardano\\\/comments\\\/lnj5ne\\\/getting_started_guide_a_newbies_guide_to_cardano\\\/\",\"created_at\":\"2021-02-19 15:56:01\",\"icons\":[\"https:\\\/\\\/i.redd.it\\\/award_images\\\/t5_22cerq\\\/b9ks3a5k7jj41_WholesomeSealofApproval.png\",\"https:\\\/\\\/www.redditstatic.com\\\/gold\\\/awards\\\/icon\\\/TakeMyPower_512.png\",\"https:\\\/\\\/i.redd.it\\\/award_images\\\/t5_22cerq\\\/5izbv4fn0md41_Wholesome.png\",\"https:\\\/\\\/i.redd.it\\\/award_images\\\/t5_q0gj4\\\/p4yzxkaed5f61_oldtakemyenergy.png\",\"https:\\\/\\\/i.redd.it\\\/award_images\\\/t5_22cerq\\\/80j20o397jj41_NarwhalSalute.png\",\"https:\\\/\\\/i.redd.it\\\/award_images\\\/t5_3jns3\\\/m83fztqw0ye61_AHeartfeltLovelace.png\",\"https:\\\/\\\/i.redd.it\\\/award_images\\\/t5_q0gj4\\\/ks45ij6w05f61_oldHugz.png\",\"https:\\\/\\\/www.redditstatic.com\\\/gold\\\/awards\\\/icon\\\/Illuminati_512.png\",\"https:\\\/\\\/i.redd.it\\\/award_images\\\/t5_22cerq\\\/5nswjpyy44551_Ally.png\",\"https:\\\/\\\/i.redd.it\\\/award_images\\\/t5_22cerq\\\/v1mxw8i6wnf51_Heartwarming.png\",\"https:\\\/\\\/www.redditstatic.com\\\/gold\\\/awards\\\/icon\\\/Starstruck_512.png\",\"https:\\\/\\\/www.redditstatic.com\\\/gold\\\/awards\\\/icon\\\/Rocket_512.png\",\"https:\\\/\\\/i.redd.it\\\/award_images\\\/t5_3jns3\\\/mvg7dbtc3ye61_MyPreciousADA.png\",\"https:\\\/\\\/www.redditstatic.com\\\/gold\\\/awards\\\/icon\\\/silver_512.png\",\"https:\\\/\\\/www.redditstatic.com\\\/gold\\\/awards\\\/icon\\\/gold_512.png\",\"https:\\\/\\\/i.redd.it\\\/award_images\\\/t5_22cerq\\\/klvxk1wggfd41_Helpful.png\"]},{\"title\":\"Cardano Daily Discussion - 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I also discuss Atrium Lab, the SPO vote, and the k parameter.\",\"author\":\"EllieFromTheLastOfUs\",\"link\":\"https:\\\/\\\/reddit.com\\\/r\\\/cardano\\\/comments\\\/13nal06\\\/in_this_video_i_talk_about_the_ledger_situation\\\/\",\"created_at\":\"2023-05-20 22:05:52\",\"icons\":[]},{\"title\":\"Cardano Daily Discussion - May 20, 2023\",\"author\":\"SL13PNIR\",\"link\":\"https:\\\/\\\/reddit.com\\\/r\\\/cardano\\\/comments\\\/13mj0v4\\\/cardano_daily_discussion_may_20_2023\\\/\",\"created_at\":\"2023-05-20 05:30:09\",\"icons\":[]},{\"title\":\"Weekly development report as of 2023-05-19\",\"author\":\"DubaiStakePool\",\"link\":\"https:\\\/\\\/reddit.com\\\/r\\\/cardano\\\/comments\\\/13m8qxe\\\/weekly_development_report_as_of_20230519\\\/\",\"created_at\":\"2023-05-19 21:45:53\",\"icons\":[]},{\"title\":\"Cardano Founder Puts Forth His View on Ledger Controversy\",\"author\":\"Pretend_Title1314\",\"link\":\"https:\\\/\\\/reddit.com\\\/r\\\/cardano\\\/comments\\\/13m7snj\\\/cardano_founder_puts_forth_his_view_on_ledger\\\/\",\"created_at\":\"2023-05-19 21:07:30\",\"icons\":[]},{\"title\":\"A very short Python script for Cardano and other cryptocurrencies\",\"author\":\"0xLiquid_Glass\",\"link\":\"https:\\\/\\\/reddit.com\\\/r\\\/cardano\\\/comments\\\/13lvr56\\\/a_very_short_python_script_for_cardano_and_other\\\/\",\"created_at\":\"2023-05-19 13:39:27\",\"icons\":[]},{\"title\":\"Cardano Project Updates, Leaks, Audits, Presales & Launches | SPO Vote\",\"author\":\"TWPaul\",\"link\":\"https:\\\/\\\/reddit.com\\\/r\\\/cardano\\\/comments\\\/13lxn5c\\\/cardano_project_updates_leaks_audits_presales\\\/\",\"created_at\":\"2023-05-19 14:48:12\",\"icons\":[]},{\"title\":\"Join us as we reveal the details on a huge new upgrade for Milkomeda C1, the Cardano Ethereum-compatible sidechain!\",\"author\":\"ConvincingCrypto\",\"link\":\"https:\\\/\\\/reddit.com\\\/r\\\/cardano\\\/comments\\\/13mbjly\\\/join_us_as_we_reveal_the_details_on_a_huge_new\\\/\",\"created_at\":\"2023-05-19 23:36:57\",\"icons\":[]},{\"title\":\"Any updates on the Daedalus wallet?\",\"author\":\"Numerous-Clothes-176\",\"link\":\"https:\\\/\\\/reddit.com\\\/r\\\/cardano\\\/comments\\\/13lwr9c\\\/any_updates_on_the_daedalus_wallet\\\/\",\"created_at\":\"2023-05-19 14:17:52\",\"icons\":[]},{\"title\":\"Artificial Intelligence and Cardano\",\"author\":\"Cardanians\",\"link\":\"https:\\\/\\\/reddit.com\\\/r\\\/cardano\\\/comments\\\/13lpr0j\\\/artificial_intelligence_and_cardano\\\/\",\"created_at\":\"2023-05-19 08:52:11\",\"icons\":[]},{\"title\":\"Cardano Rumor Rundown May 19, 2023\",\"author\":\"ArmyofSpies\",\"link\":\"https:\\\/\\\/reddit.com\\\/r\\\/cardano\\\/comments\\\/13lmnlt\\\/cardano_rumor_rundown_may_19_2023\\\/\",\"created_at\":\"2023-05-19 06:01:45\",\"icons\":[]},{\"title\":\"dcSpark announces $100,000 grant for Cardano wallets & dApps to integrate WalletConnect\",\"author\":\"sebastiengllmt\",\"link\":\"https:\\\/\\\/reddit.com\\\/r\\\/cardano\\\/comments\\\/13lcftc\\\/dcspark_announces_100000_grant_for_cardano\\\/\",\"created_at\":\"2023-05-18 22:08:09\",\"icons\":[]},{\"title\":\"Cardano & the Multi-Poolers\",\"author\":\"ArmyofSpies\",\"link\":\"https:\\\/\\\/reddit.com\\\/r\\\/cardano\\\/comments\\\/13lmo7o\\\/cardano_the_multipoolers\\\/\",\"created_at\":\"2023-05-19 06:02:36\",\"icons\":[]},{\"title\":\"Need Help In Daedalus wallet\",\"author\":\"Exact_Bison_2655\",\"link\":\"https:\\\/\\\/reddit.com\\\/r\\\/cardano\\\/comments\\\/13lrwyk\\\/need_help_in_daedalus_wallet\\\/\",\"created_at\":\"2023-05-19 10:47:07\",\"icons\":[]}]}","github":"{\"public_repos\":25,\"bio\":null,\"type\":\"Organization\",\"username\":\"cardano-foundation\",\"user_link\":\"https:\\\/\\\/github.com\\\/cardano-foundation\",\"created_at\":\"2018-03-05 00:00:00\"}","telegram":"{\"title\":\"Cardano Official\",\"description\":\"Official Cardano Community Telegram Group, managed by the Cardano Foundation Community Team. Official website: https:\\\/\\\/cardano.org\\\/\",\"chat_id\":\"@Cardano\",\"member_count\":26817}","domain":"{\"domain_rating\":80,\"ahrefs_top\":12756,\"traffic\":0,\"website\":\"https:\\\/\\\/www.cardano.org\"}"},"buy_page":{"id":10,"crypto_currency_id":47,"button_link":"https:\/\/www.bitdegree.org\/crypto\/goon\/kraken","slug":"cardano-ada","created_at":"2020-12-29T08:37:49.000000Z","updated_at":"2023-02-24T10:14:17.000000Z","content":null,"middle_cta_text":"If you want to acquire some ADA coins, the majority of people are going to tell you that you should probably buy Cardano with credit card instantly. But what are the actual perks of buying this cryptocurrency with fiat money, in the first place? Well, for starters, the transaction will be fast and simple - you won\u2019t need to make complex exchanges or participate in different types of trading. On top of that, buying ADA with fiat is also very secure, too - provided you do so on a high-end crypto exchange, of course.","intro_text":"If you\u2019re looking to buy Cardano with a credit card, chances are that you\u2019re doing so for one of two reasons - either you\u2019re interested in the smart contract functionality of the technology behind the coin, or you\u2019re looking for an alternative investment opportunity. These are among the main reasons why people are interested in ADA-like altcoins, too.","reason_titles":["Smart Contract Functionality","Strong Scientific Backing","Advanced Security Features","A Promising Investment Opportunity","What Can Cardano & Similar Altcoins Be Used For?"],"reason_texts":["If you\u2019re looking to buy ADA with debit card instantly, you\u2019ve probably heard about the fact that the cryptocurrency offers its users <strong>smart contract functionality<\/strong>, just like <a href=https://www.bitdegree.org/"//crypto//what-is-ethereum/">Ethereum/a>. It can prove to be an amazing alternative to using the crypto giant for all of your smart contract development needs!","One of the most interesting features of Cardano is that <strong>the technology behind the coin has a strong scientific backing<\/strong> - that\u2019s not all that common in the crypto world! If you\u2019re looking to buy Cardano with debit card, do keep this in mind - it can act as a strong argument for the benefits of ADA!","Among the many reasons why people decide to buy Cardano with a debit card or credit card, you\u2019ll find <strong>security<\/strong>. Thanks to Cardano\u2019s layered architecture, it\u2019s a very secure crypto asset, and smart contract building technology - something that\u2019s crucial for any successful crypto project that aims to grow and expand its reach!","Cardano is <strong>a very secure, reliable, and scalable crypto asset, with some strong technological background and constant essential updates to back it up<\/strong>. Naturally, with the project being alive and well, many people are looking to buy ADA with credit card in order to invest in the future of the project. It might prove to be a very promising investment opportunity!","Cardano - <em><a href=https://www.bitdegree.org/"//crypto//best-altcoins/">and similar altcoins<\/em><\/a> - can serve a few different purposes. ADA allows you to build smart contracts on its blockchain - this, in turn, is an attractive prospect to DeFi platform developers and financial institutions. It may also prove to be a lucrative investment opportunity, too!"],"benefits_texts":["Cardano is, undoubtedly, <strong>one of the most popular cryptocurrencies on the market<\/strong> - it\u2019s the sixth most-popular coin, judging by the market cap! Naturally, this means that there are many people who are looking to not only buy ADA with credit cards, but also trade the coins for <a href=https://www.bitdegree.org/"//crypto//best-cryptocurrency/">other cryptocurrencies<\/a>, too. If you\u2019re interested in acquiring <a href=https://www.bitdegree.org/"//crypto//best-altcoins/">some altcoins<\/a> with the help of Cardano, then trading might surely be the way to go - <em>right after you buy some ADA, of course.<\/em>","Once you buy Cardano with a credit card, a debit card, or via any other method, one of the most important things to do is to find a safe and reliable place to store your crypto coins. Namely, you should look into <a href=https://www.bitdegree.org/"//crypto//best-cryptocurrency-wallet/">some of the best wallets on the market<\/a> - while Cardano is best kept in the Yoroi wallet, the good news is that Yoroi allows you to connect <a href=https://www.bitdegree.org/"https:////www.bitdegree.org//crypto//goon//ledger-nano-x/" target=\"_blank\" rel=\"nofollow noindex noopener\">your Ledger device<\/a> to it, which means that you\u2019ll still be able to maintain the famous Ledger hardware wallet security.","Buying ADA with debit cards is great, but once you acquire the crypto coins of your choice, you can then start thinking of how to spend them, too! Cardano is <em>an intricate platform<\/em>, and the ADA that you hold can be spent in many different ways - most notable of these ways, however, is by participating in smart contracts, and perhaps even creating a DeFi platform of your own on the Cardano blockchain. The possibilities are truly limitless - <em>it\u2019s all up to you!<\/em>","Cardano exceeds in areas such as <strong>scalability, transaction speed, and security<\/strong> - all of these features are crucial for anyone who wants to make important transactions on the Cardano blockchain. If you\u2019re planning to send some crypto tokens to a friend, colleague, or relative (<em>or anyone else<\/em>), no matter where they are in the world, you would likely do well to buy ADA with credit card and send it to the other party. It\u2019s one of the better cryptocurrencies for sending purposes!","It\u2019s no secret that people buy Cardano with debit card instantly in order to <em>hodl<\/em> it for some time, and then sell it back in order to make a profit. A single Google search will reveal that there are many individuals who <strong>believe that the ADA coin has a bright future ahead<\/strong>, and thus want to capitalize on it as soon as they can. It\u2019s a completely legitimate reason to purchase Cardano! If you fall into this group of people, too, make sure to <a href=https://www.bitdegree.org/"//crypto//best-cryptocurrency-exchange/">use only the most reliable exchanges<\/a>, though!","Once you buy Cardano with debit card, there are a few things you can do - <em>we\u2019ve established that much already<\/em>. However, the best course of action would probably be if you begin by putting aside some time so that you could study the technology behind crypto (<em>whether it be Cardano, or else<\/em>) and blockchains, in general. This way, you can be sure that you\u2019ll become better-educated on all of the intricacies of the ADA coin! Check out <a href=https://www.bitdegree.org/"//crypto//tutorials/">our tutorials<\/a>, if you\u2019re interested!"],"faq_questions":["What is Cardano?","How does Cardano differ from other cryptocurrencies?","What are the main features of Cardano?","What can Cardano be used for?","Is Cardano worth buying?","What is the best way to buy Cardano?"],"faq_answers":["<a href=https://www.bitdegree.org/"//crypto//ada-coin/">Cardano/strong>/a> is a decentralized cryptocurrency project that’s not that different from <a href=https://www.bitdegree.org/"//crypto//what-is-ethereum/">Ethereum/strong>/a>, in that it allows users to <strong>create smart contracts on its blockchain<\/strong>. It’s also home to its <em>increasingly-popular<\/em> native token, called <strong>ADA<\/strong>. Cardano aims to <strong>improve on the scalability and security features<\/strong> of other, similar crypto projects.","Cardano is <em>pretty similar<\/em> to Ethereum, which automatically makes it <em>rather different<\/em> from <a href=https://www.bitdegree.org/"//crypto//best-cryptocurrency/">many other cryptocurrencies out there<\/strong><\/a> - something that anyone who’s looking to buy ADA with debit card instantly should keep in mind. The technology behind the coin allows the <strong>creation of smart contracts<\/strong>, which could then lead to <strong>DeFi platform inception<\/strong>, and other, similar projects.","For starters, Cardano employs <strong>a layered architecture<\/strong> on its blockchain. What this means is that it’s <strong>a lot more scalable and secure<\/strong> than most other, similar cryptocurrency platforms. On top of that, the crypto offers <strong>fast transaction speeds with minimal fees<\/strong>, and allows users to create smart contracts on its blockchain.","The main use case of Cardano (<em>and also - the main reason why people buy ADA with credit card<\/em>) lies in its <strong>smart contract functionality<\/strong>. It’s an attractive project to many <em>crypto-savvy<\/em> developers and business people who might want to launch their own DeFi platforms (<em>or other projects<\/em>) on the Cardano blockchain. All of the other features - <em>scalability, security, speed, etc<\/em>. - are some amazing add-ons, too.","Most cryptocurrency enthusiasts online appear to be <strong>very optimistic<\/strong> regarding the ADA coin, and the future of the Cardano project, in general. They’ll tell you that, if you want to buy Cardano with debit card instantly, it’s the perfect time to check out the project, <a href=https://www.bitdegree.org/"//crypto//ada-coin/">get to know the technology behind it<\/strong><\/a>, and decide whether or not ADA is an attractive pick for you.","Without a doubt, the best way to go about acquiring some ADA coins is to <strong>buy Cardano with a credit card <a href=https://www.bitdegree.org/"//crypto//best-cryptocurrency-exchange/">on a reliable and highly-rated cryptocurrency exchange<\/a><\/strong>. This will make the entire process <strong>enjoyable and exciting<\/strong>, yet still <strong>very safe and quick<\/strong>. No prior experience needed - all that you need to do is find an exchange like that, register, and pass KYC - <em>that’s it! <\/em>You can now buy as much ADA as you’d like!"],"status":"published","link":"https:\/\/www.bitdegree.org\/crypto\/buy-cardano-ada"},"halving_page":null}"
:fiat-currency="{"name":"United States Dollar","logo":"\/crypto-prices\/fiat-logos\/USD.svg","symbol":"USD","sign":"$","price":1}"
>