- #8185
Binance-Peg Cardano ADA
ADA Price
Market Cap
--Rank #8185FDV
$257.18 MRank #3014Detailed Performance
ADA shows Bearish signs against top cryptocurrencies, leading categories and blockchains over various time periods
ADA to USD Converter
Price History
- All-Time High
- $3.103.38x to ATH
- All-Time Low
- $0.2363.89x to ATL
- Trade Launch Date
- 13 May, 2021
1319 days ago
Exchanges
Exchanges type
About ADA
Binance-Peg Cardano refers to a token called ADA that is issued on the Binance Smart Chain (BSC) as a pegged asset. This means that Binance has created a version of Cardano's native cryptocurrency, ADA, on the Binance Smart Chain network. Binance-Peg Cardano (ADA) on BSC allows users to access and trade ADA tokens on the Binance decentralized exchange (DEX) and other BSC-based platforms. It provides liquidity and interoperability between different blockchain networks, allowing users to engage with ADA in the Binance ecosystem.
What makes Binance-Peg Cardano unique?
Binance-Peg Cardano (BUSD-ADA) is a unique form of Cardano that exists on the Binance Smart Chain (BSC). It is a pegged version of Cardano, meaning that its value is directly linked to the value of the original Cardano cryptocurrency, ADA.
What makes Binance-Peg Cardano unique is its integration with the Binance Smart Chain, which brings several advantages. First, it allows for faster and cheaper transactions compared to the Cardano blockchain, as the Binance Smart Chain operates on a different consensus mechanism. This can be beneficial for users who prioritize speed and cost-efficiency.
Furthermore, Binance-Peg Cardano benefits from the liquidity and accessibility of the Binance ecosystem. Binance is one of the largest and most reputable cryptocurrency exchanges globally, offering a wide range of trading pairs and services. By being listed on the Binance exchange, Binance-Peg Cardano enjoys increased trading volume and exposure to a large user base.
Overall, Binance-Peg Cardano provides an alternative option for users who wish to interact with Cardano on the Binance Smart Chain while leveraging the benefits of the Binance ecosystem.
Live Binance-Peg Cardano Price Data
The current price of Binance-Peg Cardano (ADA) is approximately $0.9185, reflecting a decrease of -4.58% in the last 24 hours. The ADA trading volume in the last 24 hours stands at $1.42 million.
For a comprehensive list of exchanges, visit our crypto exchanges page. To understand Binance-Peg Cardano's performance over time, consider exploring its price history and ROI. For in-depth analysis and insights on ADA, check out our crypto insights page.
Official Links
ADA to USD Converter
Price History
- All-Time High
- $3.103.38x to ATH
- All-Time Low
- $0.2363.89x to ATL
- Trade Launch Date
- 13 May, 2021
1319 days ago