Cardano started rising after being included in the recently launched Grayscale Smart Contract Platform Ex-Ethereum Fund yesterday. It continues its gains today and was up 18% at the time of writing.
If you are attracted to unique features and want to know how and where to buy Cardano, this guide is for you.
The best places to buy Cardano now
The World’s Longest Existing Crypto Exchange. Since 2011, Bitstamp has provided a secure and reliable trading platform to more than four million individuals and a range of institutional partners.
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What is Cardano?
Cardano is a proof-of-stake, open-source protocol that aims to empower “changers, innovators and visionaries” to drive positive global change.
The blockchain ecosystem aims to increase security, transparency and fairness in society by redistributing power from centralized, “inexplicable” structures to individuals.
It is one of the largest ecosystems to successfully apply proof-of-stake. This consensus mechanism is much less energy-intensive than Bitcoin’s proof-of-work algorithm.
Cardano prides itself on ensuring that all the technology it develops is peer-reviewed. This procedure helps the blockchain to be stable and sustainable, increasing the chances of anticipating potential pitfalls before they manifest.
Should I buy Cardano today?
Given how difficult it is to come up with an accurate cryptocurrency forecast, you should never make any decisions that affect your finances until you have done an in-depth market analysis. Don’t invest more than you can afford to lose.
Cardano price prediction
According to FX Street, Cardano could challenge swing highs near $1.20. The price is likely to continue to climb as volume turns in favor of the bulls, providing additional indication of future strength and upward momentum.
Cardano on social media
— SIMULTIONS FARMER (@SLFMR1) March 23, 2022