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ADA/CAD - Cardano Canadian Dollar
Information about the ADA to CAD price today (1 Cardano to Canadian Dollar) is available on this page. Assess the value over time and get today's ADA to CAD data and analysis right here.
Stay informed with real-time data for ADA to CAD price exchanges (using the Synthetic rate), live and breaking crypto news, expert opinions, in-depth analyses, and key economic events surrounding the live ADA/CAD cross. Engage with our crypto community today to discuss and share sentiments on our ADA to CAD forum.
Harness these invaluable (free) resources to navigate the dynamic world of Cardano Canadian Dollar exchange rates. Empower your decisions by selecting your desired time frame on the Cardano Canadian Dollar UK price graph to view (live) minute-by-minute or monthly data.
Stay informed with real-time data for ADA to CAD price exchanges (using the Synthetic rate), live and breaking crypto news, expert opinions, in-depth analyses, and key economic events surrounding the live ADA/CAD cross. Engage with our crypto community today to discuss and share sentiments on our ADA to CAD forum.
Harness these invaluable (free) resources to navigate the dynamic world of Cardano Canadian Dollar exchange rates. Empower your decisions by selecting your desired time frame on the Cardano Canadian Dollar UK price graph to view (live) minute-by-minute or monthly data.
Currency in
CAD
| ADA/CAD | Canadian Dollar | ||
| ADA/INR | Indian Rupee | ||
| ADA/CNY | Chinese Yuan | ||
| ADA/HKD | Hong Kong Dollar | ||
| ADA/MYR | Malaysian Ringgit | ||
| ADA/VND | Vietnamese Dong | ||
| ADA/KRW | Korean Won | ||
| ADA/THB | Thai Baht | ||
| ADA/PLN | Polish Zloty | ||
| ADA/RUB | Russian Ruble | ||
| ADA/SEK | Swedish Krona | ||
| ADA/TRY | Turkish Lira | ||
| ADA/EUR | Euro | ||
| ADA/BRL | Brazil Real | ||
| ADA/ZAR | South African Rand | ||
| ADA/SAR | Saudi Riyal | ||
| ADA/ILS | Israeli Shekel | ||
| ADA/MXN | Mexican Peso | ||
| ADA/USD | US Dollar | ||
| ADA/AUD | Australian Dollar |
1.13902
+0.01200(+1.07%)
Real-time Data
Day's Range
1.12262
1.15034
52 wk Range
0.38532
1.86243
Day's Range
1.122621.15034
52 wk Range
0.385321.86243
- Bid/Ask
- 1.13834 / 1.13971
- Vol (24H)
- 1.03B
- Market Cap
- 28.20B
- Day's Range
- 1.12262-1.15034
- 52 wk Range
- 0.38532-1.86243
- Max Supply
- ADA45.00B
- Circulating Supply
- ADA35.20B
- Rank
- 9
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FAQ
What Is Cardano (ADA)?
Cardano is a blockchain platform designed for building decentralised applications (dApps) and executing smart contracts with a strong emphasis on sustainability, scalability, and security. Created by Charles Hoskinson, one of Ethereum’s co-founders, Cardano is built on a unique proof-of-stake (PoS) consensus mechanism called Ouroboros, which is more energy-efficient than traditional proof-of-work systems.
Cardano’s development is guided by academic research and peer-reviewed protocols, making it one of the most scientifically robust blockchain platforms. ADA, the native cryptocurrency of Cardano, is used to pay transaction fees, secure the network through staking, and participate in governance, allowing holders to vote on changes to the platform. Cardano’s layered architecture separates the settlement layer, where ADA transactions occur, from the computation layer, where smart contracts are executed, ensuring flexibility and improved performance.
By prioritising scalability, interoperability, and sustainability, Cardano aims to provide a foundation for creating decentralised systems that can address real-world challenges, including finance, identity management, and supply chain tracking. Its eco-friendly design and innovative approach make it a popular choice among both developers and investors.
Discover more about what crypto is and how it works in our Investing Academy.
Cardano’s development is guided by academic research and peer-reviewed protocols, making it one of the most scientifically robust blockchain platforms. ADA, the native cryptocurrency of Cardano, is used to pay transaction fees, secure the network through staking, and participate in governance, allowing holders to vote on changes to the platform. Cardano’s layered architecture separates the settlement layer, where ADA transactions occur, from the computation layer, where smart contracts are executed, ensuring flexibility and improved performance.
By prioritising scalability, interoperability, and sustainability, Cardano aims to provide a foundation for creating decentralised systems that can address real-world challenges, including finance, identity management, and supply chain tracking. Its eco-friendly design and innovative approach make it a popular choice among both developers and investors.
Discover more about what crypto is and how it works in our Investing Academy.
What Is a 3rd Generation Crypto Currency?
A 3rd generation cryptocurrency refers to blockchain platforms that aim to overcome the limitations of earlier generations, such as Bitcoin (1st generation) and Ethereum (2nd generation). While Bitcoin introduced decentralised digital money and Ethereum enabled smart contracts, 3rd generation cryptocurrencies focus on addressing key challenges like scalability, interoperability, and sustainability.
These cryptocurrencies are designed to handle a high volume of transactions efficiently, often using more advanced consensus mechanisms such as Proof of Stake (PoS) instead of the energy-intensive Proof of Work (PoW). They also aim to improve interoperability by enabling seamless communication between different blockchains and traditional systems. Additionally, they focus on sustainability, ensuring network operations remain energy-efficient and development is community-driven through decentralised governance.
Examples of 3rd generation cryptocurrencies include Cardano (ADA), Polkadot (DOT), and Algorand (ALGO). These platforms not only offer faster and cheaper transactions but also provide enhanced support for decentralised applications (dApps), making them more versatile and future-focused than their predecessors.
These cryptocurrencies are designed to handle a high volume of transactions efficiently, often using more advanced consensus mechanisms such as Proof of Stake (PoS) instead of the energy-intensive Proof of Work (PoW). They also aim to improve interoperability by enabling seamless communication between different blockchains and traditional systems. Additionally, they focus on sustainability, ensuring network operations remain energy-efficient and development is community-driven through decentralised governance.
Examples of 3rd generation cryptocurrencies include Cardano (ADA), Polkadot (DOT), and Algorand (ALGO). These platforms not only offer faster and cheaper transactions but also provide enhanced support for decentralised applications (dApps), making them more versatile and future-focused than their predecessors.
What Is a Blockchain?
A blockchain is a decentralised digital ledger that records transactions across a network of computers. It ensures data security through cryptography and immutability, making it ideal for transparent, tamper-proof record-keeping. Blockchains power cryptocurrencies, smart contracts, and decentralised applications, operating without the need for central authorities.
To learn more, visit the Investing Academy article which outlines all investors need to know about how the Blockchain works.
To learn more, visit the Investing Academy article which outlines all investors need to know about how the Blockchain works.
Who Invented Cardano (ADA)?
Cardano (ADA) was invented by Charles Hoskinson, a co-founder of Ethereum. He launched Cardano in 2017 through his blockchain development firm, Input Output Global (IOG), aiming to create a scientifically-driven platform with a focus on scalability, security, and sustainability, built on a unique proof-of-stake consensus mechanism called Ouroboros.
How Can I Get a Cardano Wallet?
To get a Cardano (ADA) wallet, choose between a software wallet or a hardware wallet based on your needs. Popular software wallets include Daedalus, a full-node wallet, and Yoroi, a lightweight wallet for quick access. These can be downloaded from their official websites or app stores.
For enhanced security, use a hardware wallet, which stores your ADA offline, protecting it from online threats. Once you have a wallet, follow the setup process to create a recovery phrase and secure your private keys. Ensure you download wallets only from trusted sources to avoid scams.
For enhanced security, use a hardware wallet, which stores your ADA offline, protecting it from online threats. Once you have a wallet, follow the setup process to create a recovery phrase and secure your private keys. Ensure you download wallets only from trusted sources to avoid scams.
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Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
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