Cardano (ADA) is a blockchain platform with many advanced features, competitive with other protocols developed at this time.
It was developed to address restrictive oversight while maintaining user safety and reliability. The development team states that Cardano is the “most precisely engineered cryptocurrency yet.”
Cardano aims to bring together such disciplines as distributed systems, mechanism design and cryptography.
Open source and patent free, Cardano has been engineered for efficiency and scalability with an aim to create the most useful and complete cryptocurrency.
CoinSpot is Australia’s largest cryptocurrency platform that has been operating since 2013 and is trusted by over two million Australians. We make it easy to buy and sell Cardano no matter what your trading experience is. Unlike other international and Australian Cardano exchanges that require experience and technical knowledge, we make the entire trading process simple for beginners and advanced traders alike.
CoinSpot provides layered security and advanced support systems so you can buy Cardano with peace of mind and the comfort knowing support is available everyday to help. There are multiple trading options on our exchange that allow you to conveniently trade Cardano how you want to. You will feel familiar with CoinSpot from the beginning and have access to everything you need to buy, sell and manage your cryptocurrency.
Storing on CoinSpot
Due to CoinSpot’s flexible Multicoin Wallet, storing your digital currency is simple. Just by creating your CoinSpot account you will automatically be given your own unique wallet where you can store your Cardano for free.
If you are holding Cardano as a long term investment, you can utilise a cold storage wallet and send your coins there from your CoinSpot account. A cold wallet is a wallet which is completely offline (not connected to the internet) and is a popular option amongst people who prefer to hold their coins, rather than regularly trade.