Cardano is a Cryptocurrency, the network powered by PoS (consensus mechanism based on stacking) algorithm. The original software was developed by Charles Hoskinson from US and first released October 1st, 2017. Nowadays the cryptocurrency is managed by the Cardano Foundation, an organization based in the CH. Smart Contracts are supported by the Cardano blockchain. The official Cardano website is https://www.cardano.org.
As of today, April 26th, 2024, out of totally available 45,000,000,000 ADA, 35,320,160,901 are in circulation. It's not possible to mine cardanos. The total market capitalization of cardano is $16,840,013,343, the rank among other cryptocurrencies (based on the capitalization) is #11. The current rate of 1 ADA is $0.48 USD.
Cardano is developing a powerful Smart Contracts platform "which seeks to deliver more advanced features than any protocol previously developed". This cryptocurrency is created by a global team of experienced software developers, expert engineers and researchers that utilize a science-based approach. According to the development team, it's the first decentralized blockchain platform to evolve out of a scientific philosophy and a research-first driven approach. Cardano allows complex programmable transfers of value in a secure and scalable fashion. It's one of the first blockchains to be built in the highly secure Haskell programming language; the developers created special "dialect" of this language, called Plutus, to write custom transaction scripts. The programmers' team is led by Charles Hoskinson, the former co-founder of BitShares and Ethereum; the work on a project started in 2015.
The platform works on the PoS algorithm called Ouroboros. According to the developers, the security level of Ouroboros is comparable with the level of Bitcoin blockchain. The algorithm is a crucial part of the infrastructure that supports the ADA (Cardano native token) and is architected to become a major innovation in the blockchain industry. Existing ADA tokens were distributed during the crowdsale; ICO happened from 1 October 2017 to 1 Jan 2018, about $62 million USD was totally raised.
Cardano is currently supported by 80% of exchanges (8 of 10) currently having active orders at ExchangeRates.Pro: 3 Exchange Brokers, 5 Trading Platforms have offers, allowing you to buy and sell ADA. Let's check and compare which of these exchanges will suit you the best, dear visitor!
Sorry, at the moment there are no active exchanges with live offers to buy/sell Cardano with fiat currencies in Eritrea. Our teams tries our best to add some ASAP!
Besides the abovelisted great exchanges, serving Eritrea and allowing domestic payments in US Dollar among other countries and currencies, there are also very good international ones among the websites exchanging cardanos. Hence if you need USD|ADA exchange, please use the top list above. In case you are looking for other ways to purchase or cash-out Cardano using other fiat currency, etc. or swap it with various coins and tokens, feel free to check this selection of top seven highest-ranked ADA exchanges from all around the world:
By the way, exchanges that accept ER, but don't allow fiat payments there are also in this list. So, if you want to pay using a payment method from abroad (say, you are originally from another country and want to buy or sell cardano using the bank account or local payment system from there) or if you are looking for an exchange for someone else, this list will work great for you! Of course, we can't know what is that country you are looking for, but we have two options for you, both good. You are welcome to either
Are you looking for the best place to buy cardanos? Of course, you are! Our price comparison of exchanges is here to help, although the easiest way is to check the best offers right away @ ExchangeRates.Pro, feel free to compare yourself. Let us show you what banks and payment systems you can use to buy and sell ADA, based on your location and preferences.
At this moment, there are 5 offers to buy Cardano in Eritrea. Our software is collecting the statistics about the popularity of specific local banks and payment systems. Usually, the top ones that are the most popular are also very convenient. Otherwise, why would these become so popular? You can choose any of these right away, please be our guest:
We've compared a lot of offers to find the top ones; right now we have 6 ways for you to purchase cardano available worldwide. Enough to choose from, right? Please keep in mind that not all of these may be possible to pay with US Dollar, the ones that will surely be good for the domestic currency are a little bit above. The top popular ways to purchase ADA crypto:
Even the greatest ADA HODL GANG members sometimes have to sell some of their precious coins. It's alright, everyone does it sometimes and we are here to help! We know you want to find the buyer which will give you the highest price, there are such ones at our platform — check ExchangeRates.Pro now to find the highest rate to sell cardanos to US Dollar and 152 more local currencies! There are various opportunities to swap your coins to hard cash, we list the most requested ones below.
There are currently 2 opportunities to cash out your cardano coins in ER. You'd likely need to out-exchange the crypto to pay for some local expenses, shopping, etc. It's reasonable to choose the safest and most comfortable option — a local bank you are using, your preferred payment system or cash in your city. Here is our top list of the ways other people in Eritrea prefer to exchange cardano to fiat:
Sometimes you may need to transfer the money to another country. If you are holding ADA, it makes sense to exchange some of these coins to the currency of that country. We can't know where exactly you would like to send the funds, so we will show you the most requested banks and payment systems worldwide you can send the transfer to. There are totally 5 options to out-exchange the ada to fiat; the most frequently used banks, money transfer operators and global payment systems are:
Did you know that it's possible to exchange ADA to 48 other cryptocurrencies? It's possible to convert Cardano to/from 96% of crypto coins supported @ ExchangeRates.Pro. Some of these are really great ones (we don't list useless coins and tokens at our website), that's why we've prepared a list of exchange opportunities available. There are totally 207 swap possibilities with ADA and other coins and tokens. Coin to coin exchanges are safe, easy and beneficial when you are using our service, don't worry! Feel free to get all the best rates to swap ADA with other cryptos @ ExchangeRates.Pro right away or refer to the list of most highly demanded exchange directions first: