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Cardano ADA

Find out detailed information about the Cardano (ADA) and easily buy or sell at the real-time exchange rate.

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Cardano(ADA) price - exchange rate 9/22/2023 7:24 PM is 0.2294 EUR. In dollars the price is 0.243967 USD.

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This is for informational purposes only
This is for informational purposes only
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How to buy Cardano (ADA)?

Follow 4 easy steps to purchase ADA.


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What is the Cardano (ADA) price - exchange rate today?

On 2023-09-22 the current Cardano price/exchange rate is 0.2294 EUR.

What is Cardano (ADA) and how does it work?

Cardano is a decentralized proof-of-stake (PoS) platform on the blockchain network. It is proclaimed to be a third-generation blockchain. The “third-generation” means that this is the blockchain network with new solutions like:
  • faster TPS transactions
  • lower transaction fees (compared to Ethereum and Bitcoin)

Cardano has its own cryptocurrency ADA. The ADA can be used as a means of preserving value or for sending and receiving funds.

Cardano developed its own Proof-of-Stake algorithm Ouroboros. With Ouroboros, the transactions are validated via “Pools”. Pools are the servers that actually process transactions, and to do that they are using the wallets of ADA holders. ADA holders have to authorize Pool to sign transactions on their behalf.

Ouroboros rewards users who stake their ADA to validate transactions and help secure consensus.

The advantage of this mode of operation over the proof-of-work system is the mathematical certainty in choosing a blockchain validator, and the speed and lower power consumption.

How many Cardano (ADA) coins are in circulation?

At the time of writing this text, the number of ADA tokens in circulation is about 32 billion. The total number of ADA tokens that can ever exist in circulation is 45 billion ADA.

What are the benefits of Cardano (ADA)?

Security - Cardano’s Proof-of-Stake algorithm Ouroboros ensures mathematically proven safety. 

Scalability - according to its developers, Cardano intends to improve scalability by tackling three key elements: TPS (Transactions per second, network, and data scaling.

Interoperability - Cardano plans to connect cryptocurrencies within its ecosystem with the global financial ecosystem. 

Faster transactions - thanks to the Proof-of-Stake mechanism, Cardano could create several blocks of transactions, unlike Bitcoin, which creates only one block at a time.

How to mine Cardano (ADA)?

Since it uses a Proof-of-Stake mechanism, Cardano can’t be mined. That means you don’t need any electronic devices for mining. However you can get Cardano on any crypto exchange or by staking. 

You can keep your ADA coins on Cardano wallet online, and in return you can receive a certain percentage of your already owned ADA coins as payment.

Who is the founder of Cardano (ADA)?

Charles Hoskinson, the co-founder of Ethereum, began the process of developing the Cardano network in 2015, and it was officially launched in 2017.

Three organizations are responsible for the development of Cardano:
  • IOHK
  • Cardano Foundation

An interesting fact is that the IOHK organization cooperates with a team of world scientists whose task is to research and test new features and updates before they start with the actual application.

How to buy Cardano (ADA)?

On the Bitcoin Store platform, you can easily buy Cardano and more than 150 cryptocurrencies at the real-time exchange rate with the lowest fees.

First, you need to create and verify your account on the Bitcoin Store cryptocurrency trading platform to get full access.

After successful verification, you can deposit (EUR) to your Bitcoin Store Wallet.

Supported payment methods for deposit are:
  • internet or mobile banking
  • card deposits (VISA, Mastercard)
  • bank transfer
  • payment slip
  • cash payment in Bitcoin Store physical exchange office

Once we receive your payment, funds to purchase cryptocurrencies will be available on your Bitcoin Store Wallet, and you can start purchasing cryptocurrencies.

How to sell Cardano (ADA)?

On the Bitcoin Store platform, you can easily sell more than 150 cryptocurrencies from our offer at the current exchange rate.

You can instantly sell cryptocurrencies that are stored on your Bitcoin Store Wallet.

Cryptocurrency stored on personal wallets such as Exodus, TrustWallet, Ledger, Treasury, etc., or various trading platforms and must be transferred to your Bitcoin Store Wallet before selling.

Once the transfer is successful, you can sell your cryptocurrency. You can withdraw the funds directly to your bank account or keep them on your Bitcoin Store Wallet and use them for future cryptocurrency purchases.

Can I buy or sell Cardano (ADA) for cash?

You can buy and sell cryptocurrencies for cash in Bitcoin Store exchange offices in Zagreb, Rijeka, Osijek and Split.

Verifying your identity via ID card is not required for all transactions up to 1000,00 EUR.

You can deposit cash directly to your Bitcoin Store account in the exchange office. The deposit amount will be visible immediately and ready for your next cryptocurrency purchase.

Where can I store Cardano (ADA)?

You can store Cardano in your digital wallet. When it comes to cryptocurrencies, digital wallets can be divided into 2 groups - Hot Wallets and Cold Wallets.

Hot wallets include:
  • desktop wallet
  • mobile wallet
  • online wallet

Cold Wallets include:
  • hardware wallet
  • paper wallet

You can also store ADA on your own Bitcoin Store Wallet. The access and storage of cryptocurrency are free for all users who register on the Bitcoin Store Platform.

On Bitcoin Store Wallet you can:
  • store more than 150 cryptocurrencies
  • deposit, withdraw and store funds in EUR

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Bitcoin Store Wallet

Registered users have free access to the Bitcoin Store Wallet (digital wallet) on which you can safely store more than 170 cryptocurrencies. Simply make a deposit and withdraw funds or transfer crypto to other digital wallets.

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Cardano price, investment and fees

Real-time Cardano price 9/22/2023 7:24 PM is €0.2294.

How often does the Cardano (ADA) price change?

Cryptocurrency prices are updated every second according to the rates of global stock exchanges. The exchange rate list of the Bitcoin Store platform shows the middle exchange rate for cryptocurrencies. When buying or selling cryptocurrencies, the buying or selling rate (with the fee included) will be displayed.

What is the fee for buying or selling Cardano ADA?

Bitcoin Store does not charge a commission when buying or selling cryptocurrencies. Cryptocurrencies are bought / sold exclusively at their buying or selling rate. Bitcoin Store exchange rate can vary by 1% to 4% compared to the rates of global exchanges. The exchange rate can be changed with respect to the requested amount when placing orders. Depositing and withdrawing funds from the Bitcoin Store Wallet is free of charge.

What payment methods do you support?

Bitcoin store supports buying / selling cryptocurrencies via: Bank transfer (SEPA), cash payment, Internet and mobile banking, Transferwise, Revolut (entering “Reference number” within the Reference field is mandatory)*.

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