Cardano Price | SimpleFX ```json { "@context": "https://schema.org", "@type": "FinancialProduct", "name": "Cardano", "description": "Trade Cardano with SimpleFX. Real-time cryptocurrency trading with competitive spreads, and professional trading platform.", "identifier": "ADAUSD", "category": "Cryptocurrency", "provider": { "@type": "FinancialService", "name": "SimpleFX", "url": "https://basitfx.com", "description": "Online Trading Platform", "areaServed": "Worldwide" }, "mainEntityOfPage": { "@type": "WebPage", "@id": "https://basitfx.com/instruments/adausd" }, "url": "https://basitfx.com/instruments/adausd", "sameAs": [ "https://cardano.org/" ], "offers": { "@type": "Offer", "price": 0.282, "priceCurrency": "USD", "availability": "https://schema.org/InStock", "seller": { "@type": "FinancialService", "name": "SimpleFX" } }, "additionalProperty": [ { "@type": "PropertyValue", "name": "Spread", "value": "0.0026 pips" }, { "@type": "PropertyValue", "name": "Contract Size", "value": 10000 }, { "@type": "PropertyValue", "name": "Margin Currency", "value": "USD" } ] } ``` ```json { "@context": "https://schema.org", "@type": "InvestmentOrDeposit", "name": "ADAUSD Trading", "description": "Learn how to trade ADAUSD with SimpleFX's professional trading platform.", "category": "Trading Strategy", "provider": { "@type": "FinancialService", "name": "SimpleFX" }, "mainEntityOfPage": { "@type": "WebPage", "@id": "https://basitfx.com/instruments/adausd" } } ``` ```json { "@context": "https://schema.org", "@type": "BreadcrumbList", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://basitfx.com" }, { "@type": "ListItem", "position": 2, "name": "Instruments", "item": "https://basitfx.com/instruments" }, { "@type": "ListItem", "position": 3, "name": "Crypto", "item": "https://basitfx.com/instruments/?category=crypto" }, { "@type": "ListItem", "position": 4, "name": "ADAUSD" } ] } ``` ```json { "@context": "https://schema.org", "@type": "FAQPage", "mainEntity": [ { "@type": "Question", "name": "What is Cardano (ADAUSD) and how can I trade it?", "acceptedAnswer": { "@type": "Answer", "text": "Cardano (ADAUSD) is a cryptocurrency CFD available on SimpleFX. You can trade it by creating a free account, depositing funds, and opening a position directly from the trading platform. No minimum deposit is required." } }, { "@type": "Question", "name": "What is the spread on ADAUSD?", "acceptedAnswer": { "@type": "Answer", "text": "The target spread on ADAUSD at SimpleFX is 0.0026 pips. SimpleFX uses a spreads-only pricing model with no additional commissions." } }, { "@type": "Question", "name": "What leverage is available for ADAUSD?", "acceptedAnswer": { "@type": "Answer", "text": "ADAUSD can be traded with up to 1:20 leverage on SimpleFX, which corresponds to a margin requirement of 5.00%. Leverage amplifies both potential gains and losses." } }, { "@type": "Question", "name": "What currency is ADAUSD margined in?", "acceptedAnswer": { "@type": "Answer", "text": "ADAUSD positions on SimpleFX are margined in USD. Your account balance in USD is used to cover the margin requirement for this instrument." } }, { "@type": "Question", "name": "What is the contract size for ADAUSD?", "acceptedAnswer": { "@type": "Answer", "text": "The standard contract size for ADAUSD on SimpleFX is 10000. Position sizes are calculated based on this contract unit." } } ] } ``` 78% of retail investor accounts experience cash losses as a result of trading CFDs with this CFD provider. CFDs are complex instruments and carry a high risk of losing money rapidly due to leverage. 78% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. CFDs are complex instruments and carry a high risk of losing money rapidly due to leverage. 78% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. 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English AR - العربية ES - Español FR - Français HI - Hindi ID - Bahasa Indonesia KO - Korean MY - Malay PT-BR - Português RU - Русский TH - ภาษาไทย TR - Türkçe VI - Tiếng Việt ZH - 中文 * [](/ "Home") * [Instruments search](/instruments) * [Crypto instruments](/instruments/?category=crypto) * ADAUSD [Cardano Price](https://app.basitfx.com/instruments/ADAUSD) =========================================================== Cardano ------- 0.2793 USD +0.00 (+0.29%) 1H 4H 1D 1W 1MN ADAUSD Key Statistics --------------------- Open price 0.279 High today 0.2799 Low today 0.2784 52 Week high 1.01793 52 Week low 0.2194 ##### Trading hours \-12:00 \-11:00 \-10:00 \-09:00 \-08:00 \-07:00 \-06:00 \-05:00 \-04:00 \-03:00 \-02:00 \-01:00 UTC 00:00 +01:00 +02:00 +03:00 +03:30 +04:00 +04:30 +05:00 +05:30 +05:45 +06:00 +07:00 +08:00 +09:00 +09:30 +10:00 +11:00 +12:00 +12:45 +13:00 +14:00 UTC 00:00 Sunday \- Monday \- Tuesday \- Wednesday \- Thursday \- Friday \- Saturday \- ##### Symbol trading specification Description ADAUSD Exchange OTC Base Currency ADA Quote Currency USD Contract size 10000 Margin 5.00%\* \* for 1:1000 account leverage Tick size 0.0001 Target Spread 0.0026 Stop levels 0 Swap - Buy \-0.0654% Swap - Sell \-0.0654% Minimum contract size 0.01 Maximum contract size 10 Type Crypto [Trade Cardano](https://app.basitfx.com/instruments/ADAUSD/chart) ### About ADAUSD **ADAUSD refers to the exchange pair of the Cardano coin (ADA) vs. the US dollar. ADA is a Cardano utility token developed by a nonprofit corporation under the direction of Charles Hoskinson. It has the potential to handle up to 1 million transactions per second, making it one of the more energy-efficient blockchains due to proof-of-stake technology.** #### What is ADAUSD? ADAUSD is a trading pair representing the exchange rate between Cardano (ADA), a cryptocurrency, and the US dollar (USD). ADA coin is the native cryptocurrency of the Cardano blockchain platform, which was created to provide a secure and scalable infrastructure for developing decentralized applications (dApps) and the execution of smart contracts. ADAUSD allows users to learn [how to trade ADAUSD](/how-to-trade/ADAUSD) on various cryptocurrency exchanges. Cardano aims to offer advanced features, such as a layered architecture and a peer-reviewed research approach, to ensure its blockchain's security, scalability, and sustainability. The ADA token is used within the Cardano ecosystem for various purposes, including staking, participating in network governance, and paying for transaction fees. The ADAUSD trading pair allows traders and investors to explore [how to invest in ADAUSD](/how-to-invest-in/ADAUSD). The **ADA price** is influenced by various factors, including market demand, overall cryptocurrency market conditions, adoption of Cardano's technology, regulatory developments, and investor sentiment. #### How does Cardano (ADA) work? Cardano is a blockchain platform that aims to provide a secure and scalable infrastructure for developing decentralized applications (dApps) and the execution of smart contracts. It operates on a layered architecture and employs a research-driven approach to ensure the security, scalability, and sustainability of its blockchain #### ADAUSD market cap ADAUSD market cap is not permanent and changes due to various factors. Investors should keep tabs on the chart above - an updated market cap is shown next to it. #### ADAUSD price history **2018** **Cardano's price** reached an all-time high of around $1.33 in January 2018 during the peak of the cryptocurrency market. However, like many other cryptocurrencies, Cardano experienced a significant price decline during the market correction later that year. The price dropped to around $0.03 by December 2018. **2019** Throughout 2019, Cardano's price remained relatively stable, fluctuating between $0.03 and $0.10. Eventually, a lack of significant upward or downward movements characterized the market. **2020** Cardano's price saw some upward movement in 2020. It started the year at around $0.03 and experienced a gradual increase over several months. By August 2020, the price had reached around $0.15. However, it retraced to around $0.10 by the end of the year. **2021** The year 2021 was a notable year for Cardano's price. It started the year at around $0.18 and experienced a substantial increase in value. Due to market enthusiasm, project developments, and general bullish sentiment in the cryptocurrency market, Cardano reached its all-time high of about $3.10 by September 2021. **2022** Cardano saw a dramatic decline in price in 2022, falling from a high of $3.10 in September 2021 to slightly under $0.38 in October 2022. Sixty-six percent of the total stock of coins was in use back then. #### ADA - Cardano today **ADA - Cardano today** stands as an essential information for every trader interested in the cryptocurrency market. Cardano gets more and more attention throughout the crypto world. Moreover, ADA token tends to constantly develop and its value today has an immense impact for traders. 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