Cardano is a blockchain with its cryptocurrency: ADA. The network was set up by the famous joint founder of Ethereum, Charles Hoskinson. With an emphasis on scalability, privacy and theoretical accuracy, this is a revolutionary platform that uses “smart contracts”. The network is comparable with the Ethereum blockchain but currently suffers from limited scalability. Cardano aims to solve this with a so-called “blockchain 3.0”. It requires only low hardware and energy costs to facilitate the network. The platform's source code is public and driven by scientists and experts in the crypto space. You can safely and reliably buy, sell, send and store Cardano at LiteBit.
If you do not have a LiteBit account yet, you can easily create one, for free. You can sign up directly on our website or download our app. After that, you can instantly verify your identity with a valid passport or ID card. Having trouble? Our Customer Support is available to help you, 24/7. With the LiteBit app, you can trade anytime, anywhere with instant access to your portfolio.
We believe buying crypto like Cardano, should be made simple. To buy Cardano, you log in to your account in your browser or in your app. You can track the current rate of Cardano in your app, too. When you are satisfied with the rate of the cryptocurrency, you click on the crypto you want and hit the “Buy” button. And selling is just as easy! LiteBit offers payment via instant SEPA.
At LiteBit, you get a personal and free wallet. A wallet is somewhat like a bank account. You can store your cryptos safely in your own wallet. After you have purchased Cardano, your crypto will show up in your wallet. Your wallet gets a unique wallet address, and you can both buy and sell your cryptocurrency from your wallet.
Mar 02, 2023
Cardano (ADA) is a Layer 1 which is respected by crypto insiders as a project that has an extremely thorough development process. Even though the number of users and apps lag other projects of the same age, the big crowd of retail fans has kept Cardano in the top 10 in terms of its market cap. It even briefly reached #3 in 2021. What can we expect for the price of ADA in the coming years?
Jan 24, 2023
Cardano had a rough start this week with an outage of more than half of its network. Things have been fixed shortly after the incident happened and got a little bit brighter this week. Not because of Cardano’s nodes, but because of a small automotive project in Sri Lanka that is leveraging its blockchain technology.
Jan 23, 2023
It has been silent around Cardano for quite some time. Most investors were distracted from the bear market and didn’t notice that further refinements came in and IOG as well as the community kept building in the background. It was yesterday when that silence was broken and a wave of confusion rolled all over the Cardano community.
Sign up to stay informed via our email updates