Cardano

Cardano was founded by Ethereum co-founder, Charles Hoskinson, in 2015 as an open-source and decentralized platform to facilitate P2P transactions with its coin, ADA. Since then, it has evolved to become a fully-fledged cryptocurrency with a market cap of over $31 Billion. To buy ADA is simple, all you need to do is register an account on a cryptocurrency exchange or sign up for a wallet that can send and withdraw ADA.

With Swapzone, you can buy Cardano really easily with our rich asset selection and offers from 15+ exchange providers. For example, buy ADA with ETH at the best rate on the market in just a few simple steps:

1. Select the Ethereum to Cardano swap pair.
2. Enter the total amount of ETH you are going to exchange.
3. Choose the best ETH to ADA swap offer.
4. Click on the Exchange button.
5. Enter your wallet address to receive Cardano to your wallet.
6. Send your ETH deposit to the generated address.
7. Wait for your ETH-ADA swap to be done.
8. Receive your ADA to your wallet!

Cardano ranks among the Top-10 cryptocurrencies in terms of market capitalization and daily market volume according to CoinMarketCap. As a result, there is a rapidly growing interest among crypto investors to add Cardano to their portfolios. Also, investors see the focus of Cardano on these four areas of Digital identity, credential verification, product counterfeiting, and traceability as a potential for the coin’s future profitability.

You can invest in Cardano by registering an account on a cryptocurrency exchange to purchase and hold ADA or storing it in a more custodial wallet. Another way to invest in Cardano is to stake ADA tokens and earn rewards by securing the Cardano blockchain.

Now that you know how to invest your Cardano tokens, you can buy, sell or swap ADA with any other cryptocurrency of your choice at the lowest market rates on Swapzone’s user-friendly website. Head over to our exchange page to get started today.

*Every investment decision involves the risk of loss. The content of this website is informational only and should not be considered investment advice.

Cardano can reach and surpass the $100 price point sometime in the future if it continues on its current trajectory. We did a deeper dive into Cardano and its future price prediction in one of our previous blog posts, and you can check that out. In the article, we also give a brief overview of the performance of ADA in the past and the price prediction for the future.

Cardano can be bought on almost every crypto exchange open to the public, but we advise you to do additional research before investing, and again, never invest more than you are willing to lose as you could never truly know what the highly volatile crypto market has in store.

Now that you know how to invest your Cardano tokens, you can buy, sell or swap ADA with any other cryptocurrency of your choice at the lowest market rates on Swapzone’s user-friendly website. Head over to Swapzone’s exchange page to get started today.

Cardano founder, Charles Hoskinson, once remarked that “Cardano will be 100 times more decentralized than Bitcoin”, but how true is this statement. Experts have further explained that Hoskinsin was referring to Cardano’s validation system, which includes monetary incentives to diversify the number of evenly distributed stake pools in the system up to a thousand – beating Bitcoin’s system, where the top 10 Bitcoin mining pools control 50% of the network’s total hash rate. However, this does not necessarily mean complete decentralization as IOHK, EMURGO, and the Cardano Foundation are still the major controllers of the entire Cardano ecosystem. In addition, these three organizations are suspected of controlling some of the top 10 ADA wallets on the blockchain by token volume.

The control of IOHK, EMURGO, and Cardano Foundation is similar to that of a federation. IOHK does fundamental scientific and technology research, EMURGO attracts more businesses to the ecosystem, while the Cardano Foundation does community building. While this is not necessarily an original structure in cryptocurrency ecosystems, the current structure of Cardano allows it to move and innovate at higher speeds than perfectly decentralized systems like Bitcoin.

Are you interested in purchasing ADA? Head to Swapzone, and select a coin pair to swap for ADA. Enter the amount you wish to buy in the box, then follow the rest of the process to complete your transaction.

The short answer is NO because, for a project to die, it would mean that there are no longer any node validators willing to run their mining software to secure the system. If this happens, no new blocks will be mined, resulting in no new transactions – this leads to a rapid loss of interest in the other ADA tokens available on exchanges or in private wallets and the inevitable death of the network. Therefore, this leads us to the clear conclusion that Cardano is not dead but merely going through another market volatility phase.

Furthermore, the still-unfolding event shows that the ADA believers, such as HODLers, developers, and the ADA community who are the core of the project still believe in the ADA dream. As a result, Cardano might survive this storm.

If you are interested in joining the relentless ADA community by purchasing ADA, head to Swapzone, and select a coin pair to swap for ADA. Enter the amount you wish to buy in the box, then follow the rest of the process to complete your transaction.

The maximum supply of Cardano coins (ADA) is capped at 45 Billion. Between five rounds of public sales of Cardano from September 2015 to January 2017, about 31 Billion Cardano coins have been released to the public. At launch, 2.5 Billion ADA tokens were allocated to IOHK, 2.1 Billion tokens went to EMURGO, and 648 Million tokens were given to the Cardano Foundation.

Furthermore, new Cardano coins are released to the market as rewards earned by node validators in a Proof-of-Stake system. Experts have predicted this system will last for over several decades before the entire 45 Billion tokens are fully released to the market. This system of release keeps hyperinflation in check and makes the Cardano coin a deflationary asset.

Now that you know there is a maximum cap on the supply of new ADA tokens, you can buy, sell or swap ADA with any other cryptocurrency of your choice at the lowest market rates on Swapzone’s user-friendly website. Head over to Swapzone’s exchange page to get started today.