Breaking News
0
Ad-Free Version. Upgrade your Investing.com experience. Save up to 40% More details

Coinbase Mentions Cardano (ADA) As One of the Biggest Crypto

CryptocurrencyApr 08, 2021 10:01AM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items
 
Coinbase Mentions Cardano (ADA) As One of the Biggest Crypto

  • Coinbase names Cardano as one of the biggest crypto by market cap.
  • Also, Coinbase gave full details of what Cardano is.
  • Currently, the ADA price is $1.19.

San-Francisco-based exchange, Coinbase has tweeted about ADA. According to Coinbase, Cardano is now among the biggest cryptocurrencies in terms of market capitalization.

Alongside the tweet, Coinbase gave a full detail of what actually is Cardano. Referring to Coinbase’s explanation about ADA, Cardano is designed as a flexible, sustainable, and much more scalable blockchain platform.

More so, it is hard to count the biggest cryptocurrencies without mentioning Cardano (ADA). Specifically, as part of ADA functionality, it is used for running smart contracts. Also, it serves as a gateway for building different kinds of decentralized finance apps. Not only this, Cardano even allows developers to create new crypto tokens, games, etc.

In addition, the Cardano team has taken a long-term approach to create a smart contract for the ADA blockchain network. If Cardano completes the smart contract creation, it will push very close to its vision of providing robust, scalable, and highly energy-efficient.

Moreover, Coinbase further said that users can even use ADA as a store of value. With that said, holders can effortlessly send and receive payments easily using Cardano. Even more, users can safely stake and pay for transaction fees via the Cardano blockchain.

Furthermore, Cardano also plans to become fully decentralized through the implementation of community-driven governance and an automated treasury platform to fund the future of the network.

At the time of writing, Cardano price is $1.19 with a 24-hour trading volume of $4,176, according to CoinGecko.

This article was first published on coinquora.com

Continue reading on CoinQuora

Coinbase Mentions Cardano (ADA) As One of the Biggest Crypto
 

Related Articles

Cardano Climbs 10% In Bullish Trade
Cardano Climbs 10% In Bullish Trade By Investing.com - Apr 18, 2021

Investing.com - Cardano was trading at $1.315964 by 23:42 (03:42 GMT) on the Investing.com Index on Monday, up 10.04% on the day. It was the largest one-day percentage gain since...

EOS Climbs 12% In a Green Day
EOS Climbs 12% In a Green Day By Investing.com - Apr 18, 2021

Investing.com - EOS was trading at $7.3176 by 23:14 (03:14 GMT) on the Investing.com Index on Monday, up 11.60% on the day. It was the largest one-day percentage gain since April...

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind: 

  • Enrich the conversation
  • Stay focused and on track. Only post material that’s relevant to the topic being discussed.
  • Be respectful. Even negative opinions can be framed positively and diplomatically.
  •  Use standard writing style. Include punctuation and upper and lower cases.
  • NOTE: Spam and/or promotional messages and links within a comment will be removed
  • Avoid profanity, slander or personal attacks directed at an author or another user.
  • Don’t Monopolize the Conversation. We appreciate passion and conviction, but we also believe strongly in giving everyone a chance to air their thoughts. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
Comments (1)
James Pattison
James Pattison Apr 09, 2021 1:46PM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Cardano is the best crypto play in the space... it has the tech and management to achieve 10$ in 6 monthes
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
Continue with Google
or
Sign up with Email