Image /var/www/www.trade.com/assets/img/icons/Cardano.svgCardano

Cardano - US 1lot=1000

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Sell
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Instrument Info

Spread per unit 0.0010 USD
Contract Size 1000
Expires daily no
Overnight Swap (Buy) -0.1389%
Overnight Swap (Sell) -0.1389%

Sentiment

traders buying now 50%
traders selling now 50%
Spread per unit 0.0010 (USD)
Trading hours

Cardano - US 1lot=1000

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About Trading Cardano

Cardano (ADA) is a decentralized blockchain platform built to provide a more secure and scalable infrastructure for smart contracts and decentralized applications (dApps). Known for its scientific approach and research-driven development, Cardano aims to create a blockchain that is energy-efficient and capable of supporting financial services and applications worldwide.

Key drivers for Cardano's price include network upgrades (such as the rollout of smart contract capabilities), adoption by developers and enterprises, community-driven developments, and the performance of the broader cryptocurrency market. Additionally, market sentiment, regulatory changes, and Cardano's growing ecosystem contribute to the demand for ADA tokens.

Trading Cardano offers exposure to a cryptocurrency that emphasizes security, scalability, and sustainability in its blockchain design. As one of the top cryptocurrencies with a focus on formal verification and peer-reviewed research, Cardano presents long-term investment opportunities for those looking to capitalize on its growing ecosystem and technological advancements.

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Due to technical variations, the pricing for this CFD may differ from the trading platform price.