{"id":6266,"date":"2021-08-24T14:25:25","date_gmt":"2021-08-24T14:25:25","guid":{"rendered":"https:\/\/tokpie.io\/blog\/?p=6266"},"modified":"2024-10-19T18:13:00","modified_gmt":"2024-10-19T18:13:00","slug":"trade-ada-token-cardano","status":"publish","type":"post","link":"https:\/\/tokpie.io\/blog\/trade-ada-token-cardano\/","title":{"rendered":"What\u2019s Cardano Proof-of-Stake Blockchain: ADA Token"},"content":{"rendered":"\n

Because of a tremendous Cardano price growth in recent months, Tokpie has decided to list the ADA token. Also, let\u2019s find out why this old blockchain company demonstrates such progress after four years from being founded. In addition, you\u2019ll get a guide on how to trade ADA tokens on the Tokpie exchange and purchase Cardano tokens with a bank card. <\/p>\n\n\n\n

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$ADA price chart.<\/figcaption><\/figure><\/div>\n\n\n\n

What are the Cardano advantages?<\/h2>\n\n\n\n

First, you should know that the Cardano is not just a proof-of-stake blockchain platform. In contrast to other chains, Cardano\u2019s blockchain focuses on real business problems. Thanks to the big team of engineers, Cardano accommodates a broad range of use cases. For example, companies in education, retail, agriculture, finance, and healthcare can apply Cardano\u2019s blockchain into their business processes. Moreover, its open-source project redistributes power from unaccountable structures to the margins to individuals. As a result, the blockchain helps create a more secure, transparent, and fair society. <\/p>\n\n\n\n

How does Voting work in the Cardano network?<\/h3>\n\n\n\n

Second, being founded in 2017, the Cardano community has voting power. How? It\u2019s simple. Each ADA token ensures that its owner can participate in the operation of the network. Therefore, those who hold the cryptocurrency have the right to vote on every network\u2019s change.  <\/p>\n\n\n\n

What\u2019s the ADA token?<\/h2>\n\n\n\n

As mentioned above, Cardano\u2019s proof-of-stake and voting tokenomics bring advantages for every ADA token holder. For instance, when a person holds $ADA in the Cardano chain, it represents a stake in the network. The more tokens he keeps, the more the size of that stake. Moreover, a holder can delegate and pledge a stake. And that\u2019s a fundamental Cardano\u2019s advantage. Furthermore, apart from potential price gains, a holder benefits from $ADA staking. So, check how many extra coins you could earn by staking ADA<\/a> with the reward\u2019s calculator.<\/p>\n\n\n\n