How do you store Cardano?

???? Tips for securely storing your Cardano Go offline : Offline storage eliminates the threat of hacking, making it safer than any wallet that is connected to the Internet. Backup: Make sure you regularly backup your wallet so that it is up to date. You can easily access your crypto holdings in case something goes wrong.

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Can I store ADA on Binance?

You can store your Cardano safely on your Binance wallet or on our crypto wallet app Trust Wallet , the most user-friendly and secure mobile wallet. You can trade Cardano for 300+ cryptocurrencies on Binance’s industry-leading, fast, and secure trading platform.

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What does Cardano depend on?

Ada is the cryptocurrency of the platform. Cardano runs on the Proof-of-Stake Ouroboros consensus protocol . The heart of any blockchain platform is the algorithm it uses to create blocks and validate transactions. Cardano uses Ouroboros, an algorithm that uses Proof-of-Stake (PoS) protocol to mine blocks.

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