Presenting ADA, the native cryptocurrency of Cardano's blockchain
05 Feb, 2023
ADA is Cardano's blockchain cryptocurrency. Cardano was created to be an environmentally-friendly network. Besides sustainability, other concern was solving the scalability problem of blockchain tra...
ADA: functions, price and how to buy it
Cardano and ADA: what's the difference?
Cardano is the name of the blockchain. Created by blockchain experts and researchers, the name Cardano was given in honor of the Italian mathematician Gerolamo Cardano. ADA, in turn, is the name of the cryptocurrency of this blockchain. ADA is named after the English mathematician Ada Lovelace, who is considered the first programmer in history.
Is Cardano part of the Ethereum network?
No, Cardano and Ethereum are two different blockchains. Even though they have similar functions, as both networks use smart contracts and host decentralized applications and apps used in DeFi, they are two separate networks. ADA is the cryptocurrency of the Cardano blockchain, while ether (ETH) is the cryptocurrency of the Ethereum network.
What's ADA's price and how to buy it?
In June 2022, the price of a unit of ADA was approximately 0.50 USD. ADA has a maximum supply limited to 45 billion units, of which about 34 billion, or 75%, are in circulation.
Where to buy Cardano (ADA)?
ADA can be purchased on exchanges such as Bitso. Using our app or website, you make an initial deposit of 5 USD and purchase the equivalent amount of cryptocurrency you want to buy. In addition to ADA we have many other cryptoassets available.