Now you can finally buy cardano (ADA) on Firi
ADA is the ticker, or abbreviated name, to cardano, and is named after Ada Lovelace, the British countess who is considered the world's first computer programmer. Based on market value, cardano is the fifth largest cryptocurrency in the world. We know that you have been waiting in excitement to finally buy cardano for Norwegian kroner, and now the day is finally here!
Why are we listing cardano?
The people have spoken - you wanted Firi to offer cardano (ADA) on our crypto exchange! We have experienced a demand for this cryptocurrency in the Nordic market, at the same time as cardano is one of the biggest cryptocurrencies which seems to have a promising future.
Which cryptocurrencies are listed on our exchange is assessed on the basis of several factors. The first is that there must be a high enough demand for the cryptocurrency so that there are enough buyers and sellers in the market, and that one can thus trade it on our exchange for a competitive price. Its also positive if we have enough people who want to market-make and create liquidity in the market.
What is Cardano?
Cardano, with capital C, is a public blockchain with open source code, and is built to run smart contracts and other decentralized protocols. You may recognize this concept from Ethereum, and it was actually a co-founder of Ethereum, namely Charles Hoskinson, who also founded Cardano. He has previously pointed out that both Ethereum and Bitcoin have major shortcomings, and Cardano, which is what is called a third-generation cryptocurrency, wants to solve challenges that previous generations have had with scaling, interoperability and sustainability.
How to buy cardano (ADA) on the Firi exchange.
You can buy cardano (ADA) in exactly the same way as other cryptocurrencies with us. If you are not registered with us yet, then you can sign up here.
Then you have to deposit cash. Once your deposit has been received, you can buy cardano easily by clicking on "Buy and Sell" or by placing an order in Advanced Trading.