Exchange Cardano (ADA) with Lowest Fees
Cardano has become one of the fastest-growing blockchain assets in the cryptocurrency industry, attracting the attention of investors. Cardano developers aim to create a blockchain platform that allows people to create decentralized applications, instantly send and receive tokens with minimal fees. The safest way to buy Cardano or sell it for fiat currency or cryptocurrency is through special services. Start buying ADA on an instant crypto platform, Changelly.
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How to exchange ADA
To convert any cryptocurrency, you need to study the crypto market carefully and select the moment to make an investment. The Changelly team has developed two reliable functions for cryptocurrency transactions: you can get crypto at either a floating or fixed rate. If you choose the first option, the final amount of the target cryptocurrency may change due to the market’s volatility. The second option to buy Cardano ADA will get you a fixed amount of coins, regardless of the market’s conditions.
In order to perform Cardano transactions on Changelly crypto exchange, you need to sign up on the site, verify your account, choose a preferable exchange rate (floating or fixed) and choose which crypto asset you would like to sell ADA for. Send the required number of ADA tokens and get the desired cryptocurrency to your account within several minutes.
Desktop
Use fixed or floating rates to buy/sell Cardano and other crypto assets on Changelly at the best rates and with low fees.
Mobile
Use the Changelly app to quickly and easily buy Cardano on the go. Enjoy a fully functional cryptocurrency platform on your smartphone!
Don’t have ADA?
Don’t have any Cardano? That’s ok! Consider buying ADA on Changelly easy and fast. Use any payment methods - your bank card, Apple Pay, or a bank transfer to purchase Ripple on our platform.
About
What is Cardano?
Cardano is the first decentralized blockchain protocol based on peer-reviewed research that uses a scientific approach and evidence-based methods. It was founded in 2015 by Charles Hoskinson, a co-founder of the Ethereum blockchain platform. Hoskinson was removed from Ethereum by Vitalik Buterin after a dispute about whether the project should be commercial (Hoskinson’s opinion) or a nonprofit (Buterin’s opinion) in 2014. So, he moved on to his next big project - Cardano. Hoskinson and Jeremy Wood are the core Cardano team.
The goal of the projects is to “redistribute power from unaccountable structures to the margins.” In other words, the team wants to bring positive change and progress to the individuals. Interestingly, Hoskinson didn’t pursue venture capital to protect the inherent principles of democratization in the blockchain.
Another way to protect the decentralized governance is SundaeSwap, which is about to become the first DEX (decentralized exchange) on the Cardano testnet. SundaeSwap leverages a transaction aggregation mechanism for exchanging Cardano-native tokens with one another. This hints that DeFi on the network may be around the corner.
ADA is priced fairly low (which some people view as a positive) but can also boast an impressive market cap of over $41 billion. Another impressive metric is the ROI - the approximate return if you bought ADA at the time of launch - 5,591.25%.
How Is the Cardano Network Secured?
The decentralized nature of the Cardano blockchain makes it secure, and the multi-level architecture provides scalability. But let’s elaborate and look at the important details.
The blockchain network is secured through a custom-built PoS (Proof-of-Stake) protocol called Ouroboros. Ouroboros defines the parameters based on a unique combination of mathematically-verified mechanisms, behavioral psychology, and economic philosophy. We will spare you the technical details and simply point out that it is provably secure and energy-efficient.
ADA stands for more price transparency. But despite the need for a transparent development process, they also want to protect developers’ freedom of expression. To balance it all about, the founders appointed the Cardano Foundation as an auditor of IOHK’s work. The auditor’s duties involve:
- Regularly reviewing the source code contained on Github
- Reviewing documentation
- Verifying claims produced by the scientists
- Submitting regular and timely reports
Cardano is one of the first projects to accept that development oversight from a trusted third party can be a powerful tool. IOHK will also develop a reference DAO model for entities interfacing with Cardano. This way, discussions on security and accountability will be moved to a decentralized entity.
What Makes Cardano Unique?
ADA stands out from other cryptocurrencies due to:
- Layered architecture - The blockchain has two main elements - the Cardano Settlement Layer (carries out all transactions) and the Cardano Computational Layer (deploys smart contracts).
- Cheap gas fees - ADA processes 250+ transactions per second, compared to Ethereum’s 15 and Bitcoin’s 5.
- Eco-friendliness - One of the main public concerns about crypto is PoW blockchains. But ADA’s PoS mechanism consumes 99% less electricity than either BTC or ETH.
- Strong values - Right from the beginning, the team strived to provide a more balanced and sustainable ecosystem for a positive global change. They are working with all sorts of entities towards this goal, such as the Lancaster University, where researchers are developing a “reference treasury model”.
There are also two hard forks that we should explore:
- Mary hard fork – The protocol upgrade introduced native token and multi-asset support on Cardano, along with large liquidity pools. Now, the ledger’s accounting infrastructure processes not only ADA transactions but also several asset types simultaneously. This ultimately removes extra complexity and the risk of manual errors.
- Alonzo hard fork – This one introduced smart contract support. The upgrade brought a versatile platform to create smart contracts and decentralized applications (DApps). Alonzo positioned itself as a strong competitor to Ethereum, which also opened up opportunities for businesses and developers.
All in all, these technical characteristics of the Cardano native token make it a unique coin with good potential.
What is the Cardano exchange rate?
Just like you can buy Cardano with fiat or crypto, you can also exchange it for any currency you like. For example, the ADA price is $1.23 (at the end of 2021). But you might be more interested in Cardano’s trading pairs that involve other cryptocurrencies.
So, what is the ADA exchange rate against major cryptocurrencies? These values change a lot, so keep track of the currency rates on our website. If you want to trade ADA, you can do that on our intuitive trading platform at pro.changelly.com.
Can I exchange Cardano for real money?
By that, you probably mean exchanging ADA for traditional fiat currencies. Yes, you can easily exchange it for US dollar, EUR, GBP, JPY, along with many other options. You can view the full list in the drop-down menu on the website.
But let us remind you about the numerous ways of using ADA without converting it to fiat. You can make Cardano payments at Travala, HostingSSI, Activity Tours, Moboevo, and many other companies. You can also hold it for the long term or start trading it.
How to exchange Cardano for cash?
The Cardano network has deep liquidity numerous market makers who create this liquidity. This means it consistently achieves a high volume of trading, with enough buying and selling trades for everybody. So, anytime you want to covert ADA for fiat, there will be a matching order, especially with the circulating supply is 34.16B ADA.
You can sell ADA for fiat on Changelly using different payment methods - wire transfer, credit card and debit card etc (choose a floating rate if you accept the market risk), and once the funds arrive at your bank account, withdraw cash at your nearest ATM.
How to move Cardano from exchanges to wallets?
Suppose that you’ve made a successful trade and want to move your coins from decentralized cryptocurrency exchanges to other platforms. Of course, the best thing you can do is move your crypto to a trustworthy wallet. For this, log into the exchange account, find the withdraw option on the dashboard, and enter the amount of crypto you’d like to send and the wallet address. Review the details and click Send.
You can find numerous digital wallets with multi-asset support. Therefore, you don’t need multiple wallets for different native assets - everything can be kept securely in one place. Remember to follow all the safety measures, such as not disclosing your private keys, accessing your wallet only with a secure Internet connection, and learning about possible attack vectors.