What is Cardano & Where To Trade It

Below is the Best10 Team's choice of the best Cardano Brokers & Exchanges available. We have narrowed the selection for you based on security, functionality, instruments, commissions and ease of use.

Best10 selects

Broker
Features
Our Score
Visit Site
Best Provider 2021
  • $200 Min. Deposit
  • 24/7 Trading
  • CySEC & FCA Regulated

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Most Popular Choice
Visit Broker
Your capital is at risk. Other fees apply. For more information, visit etoro.com/trading/fees.
3000+ Stocks
$200 Minimum Deposit
Mobile App
  • No.1 trading app in the UK and Germany
  • Regulated by FCA
  • Zero commission stock trading service

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Most Popular Choice
Visit Broker
Your capital is at risk
10K+ Global Stocks
$10 Minimum Deposit
Mobile App
  • Low spreads
  • No commissions
  • Fast execution.

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Most Popular Choice
Visit Broker
Your capital is at risk. Other fees may apply.
2000+ Instruments
£100 Minimum Deposit
Mobile App
  • Currently unregulated
  • Low trading fees
  • Mobile and desktop apps available
  • Registered in Saint Vincent and the Grenadines

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Most Popular Choice
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Your capital is at risk
All Main Cryptos
$100 Minimum Deposit
Mobile App

What is Cardano?

Cardano is a structured blockchain platform that powers the ADA cryptocurrency. The blockchain and cryptocurrency is released by Input Output Hong Kong (IOHK). The cryptocurrency was devised in 2015 and launched in 2017. It was founded by Charles Hoskinson, the co-founder of Ethereum and BitShares.

Why the big fuss?

The technical speciality of Cardano is as follows:

  • Cardano provides the first protocol-based incorporation of 'Ouroboros' - an innovative 'proof-of-stake' algorithm
  • The development team include leading academics and peer-reviewed testing that has helped to create distributed systems, mechanism design and cryptocurrency technological firsts
  • Cardano boasts a multi-layer protocol that performs advance functions - including settlement layers that understand unit of account and payment mechanisms.
  • Cardano balances the need for privacy whilst understanding the future demands of regulatory oversight - ADA is the first cryptocurrency to balance this competing demand
  • The cryptocurrency can also 'soft-fork' to adapt to structural change without the need for a problematic and unpopular 'hard-fork'
  • The Cardano platform is patent free and open source meaning it is built in the 'spirit of collaboration'

What can I buy with Cardano?

A stay at the Five Star Hotel Ginebra Barcelona? This hotel has started to accept Cardano ADA payments. There are dentists in the USA who now accept Cardano ADA payments. In addition, a range of online partners accept ADA payments. However, since Cardano is a new cryptocurrency adoption is relatively low - with maturity, platforms and retails will slowly adopt this cryptocurrency token.

Where can I buy, sell or trade Cardano?

We recommend you buy, sell or trade Cardano through a trusted broker. Our favourite is at the top of this page.

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