Cardano (ADA)


 

Cardano (ADA) is the first proof-of-stake blockchain platform based on a research-driven development process with peer reviews. The technology enables the development of decentralised applications and smart contracts in a modular way in a secure and efficient manner. Proponents claim that Cardano's Ouroboros protocol improves security, scalability, and energy efficiency compared to other proof-of-work predecessors such as Bitcoin. The platform was founded in 2015 by Ethereum co-founder Charles Hoskinson and Jeremy Wood.

 


Trading: Buying, Selling & Savings Plan

Trading: You can buy and sell ADA at the current rate. Additionally, limit and stop orders are available to you.

Savings plan: Yes, this coin is available for setting up an automatic crypto savings plan.

 


Transactions: Deposits and Withdrawals

  • Deposit:  Yes

  • Withdrawal: Yes

Please only use the wallet addresses currently displayed on BISON. You can find these under "Account" ➞ "Deposit" ➞ "Deposit cryptocurrencies" or “Account” ➞ "Withdraw" ➞ "Withdraw cryptocurrencies". Here you can select the desired cryptocurrency and display the respective wallet address for your transaction.

For Cardano, we support all addresses starting with "addr1" (the current Shelley-era). Older addresses from earlier protocol versions, such as those starting with Ae2 and DdzFF (Byron era), are not supported.

Important details: All important information about the supported network, the correct address format, and the respective minimum amounts for ADA can be found in our central overview: Which address formats are supported for each cryptocurrency on BISON?

 


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