What is Cardano?
Cardano is a blockchain platform powered by a coin called ADA. Cardano was launched in 2017 with the intention of expanding and improving the concept of the Ethereum blockchain.
Cardano uses Proof-of-Stake algorithms, and buyers deposit amounts of ADA in order to take part in the blockchain operations. This process helps Cardano to be faster and more energy efficient.
How to create Cardano wallet?
Creating Cardano wallet with Coin Wallet is fast and hassle-free. You can do it from your computer or mobile device without providing any personal information.
The process is simple:
- Select “Create new wallet”.
- You will be given a unique passphrase. This is your only way to access your wallet. This information cannot be retrieved if lost, so it is essential to record it in a secure place.
- Set a PIN for quick access on your device.
- From here, you’re ready to send, receive and exchange Cardano with the app. You can buy Cardano with a credit/debit card, Google Pay, Apple Pay, or exchange with your existing crypto.
