Investments
Cardano cryptocurrency: what is it and how much is it worth?
The Cardano cryptocurrency is an excellent alternative for investors who are looking for one of the best options on the market. In addition to having a significant appreciation, it has one of the largest volumes. Want to know more about her? Continue reading.
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Cardano Cryptocurrency: Considered one of the largest cryptocurrencies in the world!
First of all, Cardano is a distribution platform that runs the blockchain for the Cardano (ADA) cryptocurrency. The main objective of creation is to run smart contracts, as well as applications that are decentralized.
Initially, the platform was developed in 2015, but was only launched during 2017. In April 2021, the Cardano cryptocurrency added more than US $39 billion in capitalization.
Currently, the only wallets that support the Cardano cryptocurrency are the following: Daedalus and Yoroi. It is worth noting that it can be transferred to other wallet addresses. So, see below a table with the main characteristics of the model.
Acronym | ADA |
Maximum Supply | 45.000.000.000 |
Wallets that offer | Daedalus and Yoroi |
How to buy Cardano cryptocurrency?
Learn step by step how to buy Cardano cryptocurrency, considered one of the main cryptocurrencies in the world! The procedure is simple, check it out!
What is the Cardano cryptocurrency and when did it appear?
The Cardano platform, created in 2015, was developed by Charles Hoskinson, the co-founder of Ethereum. This is an extremely ambitious platform! With the aim of running smart contracts and decentralized applications, Cardano cryptocurrency is one of the main ones in the world!
This project is in the third generation of cryptocurrencies. In other words, the first generation is Bitcoin, the second is Ethereum and, last but not least, Cardano is part of the third generation.
Cardano's main goal is to become a digital currency like Bitcoin. Furthermore, it wants to become one of the payment methods around the world, especially in countries where it is difficult to access banks.
For this reason, Cardano's focus is on improving the speed of transactions. Furthermore, it is the first cryptocurrency based entirely on scientific methodology, bringing even more security to the code.
Is Cardano a safe cryptocurrency?
In short, Cardano is an excellent alternative for investors looking for a safe digital currency. After all, with an extremely practical and effective methodology, it offers excellent returns.
In other words, it is currently one of the highest valued cryptocurrencies in the world! In other words, due to this characteristic, it ends up attracting the attention of investors. Furthermore, it is worth mentioning that the model was present in the ranking of best cryptos with surprising prices in 2021.
Worth to buy?
Last but not least, many investors have questions regarding the Cardano cryptocurrency. In this sense, if you want to make an investment with a high chance of return, this is an excellent option!
In addition to being present in the ranking of cryptocurrencies with a surprising increase in 2021, Cardano has other characteristics that are worth knowing. One of them is alternative wallets.
Currently, investors can only hold Cardano in two portfolio types, namely: Daedalus and Yoroi. Both are the most efficient and safe, especially when maintaining this product.
Anyway, below, see more details on how to buy cryptocurrency.
How to buy Cardano cryptocurrency?
Learn step by step how to buy Cardano cryptocurrency, considered one of the main cryptocurrencies in the world! The procedure is simple, check it out!
About the author / Aline Augusto
Reviewed by /
Senior Editor
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