ADA
Cardano
$0.0000AUD
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Sell Cardano ADA

Cardano is a cryptocurrency network. Similar to Ether being the native cryptocurrency of the Ethereum network, Cardano's internal cryptocurrency is called ADA. ADA has a supply limit of 45 billion and uses proof of stake technology. Developed by a team of academics and engineers, Cardano aims to overcome existing problems in major cryptocurrencies, such as Bitcoin being too slow or Ethereum being unsafe.

 

Cardano aims to develop the next generation of blockchain technology and solve Bitcoin’s and Ethereum’s efficiency and scalability problems. To date, Cardano is one of the most prominent blockchains to implement the proof of stake consensus mechanism successfully.

 

What is ADA used for?

 

ADA is the native token on Cardano’s network. Token holders can use ADA to make transactions or stake it to earn rewards. Users can delegate their tokens to staking pools directly from their wallets, without the funds ever leaving. Rewards are distributed every epoch, which occurs every five days.

 

How do I sell ADA?

 

It’s easy to sell Cardano in Australia by joining a trusted trading platform like Coinstash. Simply log in to your account and enter the amount of ADA you want to sell. Or, you can select the option to enter the equivalent amount of AUD. Then click Sell ADA. It’s as simple as that!


Why should I trade Cardano with Coinstash?

 

Coinstash AU is one of the highest-rated crypto platforms in Australia. Since 2017, we’ve been a one-stop crypto solution for thousands of customers.

 

People love our great customer support, easy-to-use interface, industry-leading security, and other innovative features. We’re also an AUSTRAC registered exchange and have an AFSL license so that you can trade with confidence.

 

Ready to start trading Cardano (ADA)? Create your Coinstash account in minutes!

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