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What coin is ADA? Inventory of ADA currency trading platform

Lisa Kudrow
Release: 2024-09-23 17:26:02
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ADA Coin is the native cryptocurrency of the Cardano blockchain, founded by Charles Hoskinson. It can be purchased on exchanges such as Binance, Coinbase, Kraken, Gemini, and Bittrex.

What coin is ADA? Inventory of ADA currency trading platform

What is ADA?

ADA is the native cryptocurrency of the Cardano blockchain, founded by Ethereum co-founder Charles Hoskinson. It is designed to be a fast, secure and scalable blockchain platform for a variety of applications.

Where to buy ADA coins?

ADA Coin can be purchased on the following exchanges:

  • Binance
  • Coinbase
  • Kraken
  • Gemini
  • Bittrex

Inventory of ADA coin trading platform

1. Binance

  • One of the largest cryptocurrency trading platforms by trading volume.
  • Provides multiple trading pairs for ADA coins, including USDT, BTC and BNB.
  • The fees are low and competitive.
  • Provides advanced trading tools and features.

2. Coinbase

  • A regulated and user-friendly platform.
  • Supports the purchase and transaction of ADA coins.
  • Slightly more expensive but easy to use.
  • Providing safe and reliable storage solutions.

3. Kraken

  • An established and reputable trading platform.
  • Provides various trading options for ADA Coin.
  • Provides advanced trading features, suitable for experienced traders.
  • The cost is moderate.

4. Gemini

  • A platform focused on security and compliance.
  • Support ADA coin transactions.
  • More expensive but provides a high level of security.
  • Suitable for investors looking for a trustworthy trading environment.

5. Bittrex

  • A long-established trading platform known for its wide selection of tokens.
  • Provides trading and storage of ADA coins.
  • The fees are reasonable and a variety of trading tools are available.

Cardano (ADA) Price Update

As of 16:00 on September 23, 2024, the current price of Cardano (ADA) is $0.352. Trading volume in the last 24 hours was $215,222,068.32.

Recent Changes

In the last 24 hours, the price of ADA fell by 0.54%. The move could be due to negative sentiment across the cryptocurrency market.

Influencing factors

Factors affecting ADA price changes include:

  • Market sentiment
  • Cryptocurrency regulations
  • Development of Cardano Network

Future Outlook

It is still early to reach a consensus on the future price trend of ADA. However, as network development continues and the broader cryptocurrency market recovers, the long-term outlook is likely to be positive.

Recommended Actions

  • Invest according to personal risk tolerance.
  • Follow the latest news in the cryptocurrency industry.
  • Do your own research and learn about ADA and its potential long-term value.

Short Term Forecast

In the short term, the price of ADA is likely to fluctuate along with the broader cryptocurrency market. However, if market sentiment improves and network development progresses, the price of ADA could rise.

Key Indicators

  • Current Price: $0.352
  • 24 Hour Volume: $215,222,068.32
  • Price Change ( 24 hours): -0.54%
  • Circulation: 35960643044.11 ADA
  • Maximum supply: 45000000000 ADA
  • Total supply: 35960643044.11 ADA
  • Circulation market capitalization :12665719299.356 USD

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