What is Cardano — plain English
Cardano is a Proof-of-Stake blockchain known for its methodical, research-first approach to development. ADA is used for staking and fees on the network. It tends to move with the broader market and with news about the pace of new features shipping.
What makes Cardano move
Delivery of network upgrades and new features
Staking participation and yield
DeFi and app growth on Cardano
Developer activity and ecosystem funding
Broad crypto risk sentiment and Bitcoin's direction
Where to trade Cardano
Regulated crypto exchanges in our database that list ADA, ranked by taker fee. Every registration is verified on the issuing regulator's public register.
Fees shown are the standard taker fee before volume discounts. Use our free exchange check tool to compare the full fee structure and confirm registration before you open an account.
Key things to know about Cardano
| Factor | What it means |
|---|---|
| Max supply | 45 billion ADA |
| Consensus | Proof of Stake (Ouroboros) |
| Trading hours | 24/7 — never closes |
| Approach | Peer-reviewed, research-first development |
| Use case | Staking and network fees |
| Custody | Self-custody or exchange custody |
Cryptocurrencies are highly volatile and can lose value quickly. Cardano can move sharply in a single day. Only trade or hold what you can afford to lose, and keep funds on registered, reputable exchanges or in self-custody.