Crypto Currencies Series - CARDANO (ADA)

carnelian (55)in #cryptocurrency • 6 years ago

Hi Steemians,

I have started this Crypto Currencies Series and purpose of this Series is to enlight all steemians about different cryptos that I feel good. As most of new Crypto Enthusiats don't know much about different coins besides bitcoin, Ethereum and Ripple, so this series will be helpful for all of them to know more about the crypto world.

Cardano (ADA) is the Coin of This Post

Cardano(ADA) is a decentralized open public blockchain and also cryptocurrency project which is full timed open source. Cardano is creating a smart contract platform which is designed to deliver more advanced features and attributes as compared to any protocol in earlier times developed. It is actually the very first blockchain medium to develop through use of a scientific philosophy alongside a research-first influenced approach. The creation team incorporates an extensive worldwide combined effort of professional connoisseur engineers and researchers

MARKET CAP AND 24 HOUR VOLUME

Cardano(ADA) has a very good market capitalization of more than 7 Billion USD. If we look at last 24 hours volume of Cardano it is more than $220 Millions which is great and you must consider this one for trading.

Coins Supply

Whenever you decide to pick a coin for long term or even short term trade, you must have a look on coins supply. Cardano has a total supply of 31 Billion out of which 25 Billions are circulating in market. While it is capped at maximum supply of 45 Billions coins. Well, the supply is vey high but good thing is that it is about to reach its maximum supply and then we will see more demand.

Exchanges for Trading

There are plethora of exchanges where One can buy, sell as well as trade Cardano(ADA) with other cryptocurrencies. This make Cardano more valuable because it has more volume and exposure to trade in different regions. You can Trade $ADA at following Crypto Exchanges.

Bittrex
Binance
UPbit
Coinnest
Huobi
Indodax
Gate.io
HitBTC
BuyBitcoin
Bitbns

Official Website

You can have access to the official website of Cardano via www.cardano.org
They have a decent website with full details and Road Map. There are also support corner and white paper available on website that is great for any cryptocurrency.

Official Support

Having Official support at different social media platform is a must for any good crypto currency. Cardano Team has active support at various platform like Facebook, Twitter and Reddit. They also have a community forum which is great for people and staff engagement.