What is ada?
A new type of currency. A new means of transaction.
Direct. Secure. From Anywhere. For Everyone
- What is ada?
- What is ada?
- How to
- Cardano Wallets
What is ada?
What can I do with Ada?
Ada is the native token of Cardano
It is named after Ada Lovelace: a 19th-century mathematician who is recognized as the first computer programmer, and is the daughter of the poet Lord Byron.
What can I do with Ada?
Ada is a digital currency. Any user, located anywhere in the world, can use ada as a secure exchange of value – without requiring a third party to mediate the exchange. Every transaction is permanently, securely, and transparently recorded on the Cardano blockchain.
Every ada holder also holds a stake in the Cardano network. Ada stored in a wallet can be delegated to a stake pool to earn rewards – to participate in the successful running of the network – or found and run your own stake pool to increase the pool's likelihood of receiving rewards. In time, ada will also be usable for a variety of applications and services on the Cardano platform.
You can buy or sell ada for fiat or other cryptocurrencies using cryptocurrency exchanges. Visit coinmarketcap to see the list of exchanges that support ada.
As an ada holder, it is important to keep your funds secure, and that means you need to keep your private keys private. It is highly recommended to avoid keeping your cryptocurrency in an exchange longer than necessary, and instead to use a cryptocurrency wallet.
Cardano Wallets
Typhon Wallet
Blazing fast, feature-rich, secure, beautiful web and extension Cardano wallet. Delegate to multiple pools of your choice with multi-accounts.
Flint Wallet
Flint’s lightweight and user-friendly design lets you manage your crypto assets and access the world of DeFi with ease.
Yoroi Wallet
A user-friendly, open-source Cardano wallet with a browser-based interface, providing a convenient way to manage ada holdings securely. Yoroi is also available as mobile app.
Eternl Wallet
The alternative Cardano light wallet in the browser. Aims to add features most requested by the Cardano community. Eternl is also available as mobile app.
More wallets
How do I store my ada and keep it safe?
A cryptocurrency wallet is a software program designed to store your public and private keys, send and receive digital currencies, monitor your balance, and interact with supported blockchains.
In addition to the variation of wallets available, there are also two types of wallets: a hot wallet and a cold wallet.
A hot wallet is connected to the internet and can be accessed at any time with the requisite keys. Examples of hot wallets include mobile and software wallets, and funds stored on exchanges.
A cold wallet is an offline wallet. It is not connected to the internet and is used for securing storing funds that do not have to be frequently accessed. Examples include hardware wallets - which is a secure hardware device that stores the wallet’s private keys - and paper wallets. Cardano is supported by both Trezor and Ledger hardware wallets.
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