Binance, Exchanges

Can I Buy Cardano on Binance?

As of September 25, 2020, Binance does not offer ADA trading pairs. However, Binance US does offer ADA/USDT and ADA/BTC trading pairs.

So if you want to buy Cardano (ADA) on Binance, you’ll first need to deposit Bitcoin (BTC) or Tether (USDT) onto the exchange. Once your deposit has cleared, you can then place an order to buy ADA/BTC or ADA/USDT.

Cardano is a decentralized public blockchain and cryptocurrency project that is fully open source. Cardano is developing a smart contract platform which seeks to deliver more advanced features than any protocol previously developed.

It is the first blockchain platform to evolve out of a scientific philosophy and a research-first driven approach. The development team consists of a global collective of expert engineers and researchers.

The Cardano project began in 2015 as an effort to change the way cryptocurrencies are designed and developed. The founders – InputOutput Hong Kong (IOHK) – wanted to create a more sustainable and responsible way of building cryptocurrencies and blockchain technologies.

NOTE: WARNING: Before attempting to purchase Cardano on Binance, it is important to understand the risks involved. As with all cryptocurrency investments, there is a risk of loss, and it is important to research the market and make sure you are aware of any potential risks. Additionally, it is important to ensure that you are using a secure platform when making any financial transactions.

They believed that cryptocurrencies needed to be built on peer-reviewed research and science so that they could be trusted and used by everyone.

The Cardano project is named after the Italian mathematician Gerolamo Cardano, who was one of the first people to formalize the concept of probability. The project’s logo is also inspired by Cardano’s work on algebra.

The native cryptocurrency of the Cardano network is called Ada (ADA). Ada was named after Ada Lovelace – daughter of Lord Byron and widely considered to be the first computer programmer.

Ada Lovelace wrote the world’s first algorithm for a machine that could be programmed to compute Bernoulli numbers.

The Cardano network went live on September 29, 2017 with its genesis block being mined on September 29, 2017 at 18:15 UTC. The network is currently in its Byron phase, which began on March 1, 2018.

The Shelley phase is expected to begin in Q3 or Q4 of 2020.

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