In the first place, Cardano(ADA) is a cryptocurrency with a limited supply of coins. Additionally, Cardano is a decentralized platform that aims to deliver advanced features such as fast and direct transactions to the blockchain community.
As a direct competitor to Ethereum, this blockchain-based platform features a unique layered structure and uses the ADA digital fund that you can transfer or receive. The team behind Cardano designed this project to overcome the blockchain limitations in terms of scaling and design.
The developers took inspiration from the peer reviewed science world, which influenced the way the Cardano works. That is why the Cardano blockchain is first reviewed by academics before implementation. Being a 3rd generation blockchain, Cardano uses a Proof of Stake model called Ouroboros.
How to earn passive income with Cardano
Holders of ADA tokens can earn Cardano dividends by locking up their coins as collateral. The easiest way to start earning additional cryptocurrency by joining a staking pool. How to get started?
Send ADA tokens from Binance to your wallet-address
In your wallet, choose 'Stake pools' and click one in the list
Send the ADA tokens to this address and your done
Now you can disconnect your local wallet and wait for the rewards coming in
🔔 If you are interested into staking from wallets(hardware and software) or platforms like Binance or Kraken which have their unique reward policies. Read this helpful guide: Best places to stake Cardano(ADA).
$0.47(-4.67%)24h
6.92%Annual yield
Ranking: 8
Cardano(ADA)
$0.47(-4.67%)24h
6.92%Annual yield
In the first place, Cardano(ADA) is a cryptocurrency with a limited supply of coins. Additionally, Cardano is a decentralized platform that aims to deliver advanced features such as fast and direct transactions to the blockchain community.
As a direct competitor to Ethereum, this blockchain-based platform features a unique layered structure and uses the ADA digital fund that you can transfer or receive. The team behind Cardano designed this project to overcome the blockchain limitations in terms of scaling and design.
The developers took inspiration from the peer reviewed science world, which influenced the way the Cardano works. That is why the Cardano blockchain is first reviewed by academics before implementation. Being a 3rd generation blockchain, Cardano uses a Proof of Stake model called Ouroboros.
How to earn passive income with Cardano
Holders of ADA tokens can earn Cardano dividends by locking up their coins as collateral. The easiest way to start earning additional cryptocurrency by joining a staking pool. How to get started?
Send ADA tokens from Binance to your wallet-address
In your wallet, choose 'Stake pools' and click one in the list
Send the ADA tokens to this address and your done
Now you can disconnect your local wallet and wait for the rewards coming in
🔔 If you are interested into staking from wallets(hardware and software) or platforms like Binance or Kraken which have their unique reward policies. Read this helpful guide: Best places to stake Cardano(ADA).
Ranking: 8
Cardano Dividends Calculator: How much passive income($) is possible with staking?
Calculate your Cardano earnings in the tables below and see what your profits will be on a daily, weekly, monthly, and annual bases. Also, you have the possibility to see your earnings based upon the number of dollars invested vs the rewards of a given number of tokens.
Cardano(ADA)
