Cardano (ADA) is considered a third-generation cryptocurrency. Cardano, whose origin dates back to 2015 was launched on 29 September 2017. Cardano is a decentralized platform of public blockchain that aims to protect user privacy while allowing a regulation.
The purpose of Cardano is to solve the three biggest problems of contemporary cryptocurrencies – sustainability, scalability and interoperability (the ability of different systems to work together).
How to store Cardano?
You can use a huge number of wallets to store your Cardano. Simple mobile, web or computer wallets in the form of applications are available on the market. However, these are vulnerable to viruses and malware. The safest way to store your Bitcoins is in a so-called hardware wallet (Ledger), that encrypts access to your wallet.
Cryptolabs recommends the following digital wallets:
Risks
Virtual currency trading poses significant risks. Prices might fluctuate on any given day. Due to such price fluctuations you may increase or lose the value of your assets.
We do not guarantee any profit from trading or any other activity associated with the website cryptolabs.sk. Due to risks mentioned above, and those not listed, you should consider whether the digital currency is the right choice for you depending on your financial circumstances.
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