Cardano One Day Trading Volume Hits $139.91 Million (ADA)

Cardano (CURRENCY:ADA) traded down 10.5% against the U.S. dollar during the one day period ending at 16:00 PM E.T. on March 18th. One Cardano coin can now be bought for approximately $0.14 or 0.00001868 BTC on major cryptocurrency exchanges including Coinnest, Bittrex, Upbit and Binance. Cardano has a market capitalization of $3.63 billion and $139.91 million worth of Cardano was traded on exchanges in the last day. In the last seven days, Cardano has traded down 36.8% against the U.S. dollar.

Here is how other cryptocurrencies have performed in the last day:

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  • OmiseGO (OMG) traded down 8% against the dollar and now trades at $9.18 or 0.00122365 BTC.
  • Qtum (QTUM) traded down 12.1% against the dollar and now trades at $11.94 or 0.00159223 BTC.
  • BitShares (BTS) traded 14.2% lower against the dollar and now trades at $0.12 or 0.00001580 BTC.
  • Ardor (ARDR) traded down 12% against the dollar and now trades at $0.23 or 0.00003105 BTC.
  • Particl (PART) traded down 7.4% against the dollar and now trades at $12.38 or 0.00165052 BTC.
  • Raiden Network Token (RDN) traded down 20.3% against the dollar and now trades at $1.27 or 0.00016860 BTC.
  • ION (ION) traded 12% lower against the dollar and now trades at $2.17 or 0.00028925 BTC.
  • BitBay (BAY) traded 11.7% lower against the dollar and now trades at $0.0388 or 0.00000516 BTC.
  • Quantum Resistant Ledger (QRL) traded 16.9% lower against the dollar and now trades at $0.74 or 0.00009877 BTC.
  • DECENT (DCT) traded down 13.7% against the dollar and now trades at $0.36 or 0.00004769 BTC.

Cardano Profile

Cardano is a proof-of-stake (PoS) coin that uses the Ouroboros hashing algorithm. Cardano’s total supply is 31,112,483,745 coins and its circulating supply is 25,927,070,538 coins. Cardano’s official website is www.cardanohub.org. The Reddit community for Cardano is /r/cardano and the currency’s Github account can be viewed here. Cardano’s official Twitter account is @CardanoStiftung and its Facebook page is accessible here. Cardano’s official message board is forum.cardanohub.org.

According to CryptoCompare, ” Designed and developed by IOHK in conjunction with the University of Edinburgh, the University of Athens and the University of Connecticut, Cardano SL (or Cardano Settlement Layer) is a Proof of Stake cryptocurrency based on the Haskell implementation of the white paper “Ouroboros: A Provably Secure Proof of Stake Blockchain Protocol” by Aggelos Kiayias, Alexander Russell, Bernardo David and Roman Oliynykov.”

Buying and Selling Cardano

Cardano can be purchased on the following cryptocurrency exchanges: Mr. Exchange, Bittrex, Coinnest, Upbit, Gate.io and Binance. It is not presently possible to buy Cardano directly using U.S. dollars. Investors seeking to acquire Cardano must first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, Coinbase or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Cardano using one of the exchanges listed above.

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