What is Cardano coin?

Cardano Coin is a cryptocurrency that is built on the Cardano blockchain. This coin can be used to send and receive money worldwide. Cardano Coin has a number of features that make it stand out from some of the other coins on the market today. The first reason Cardano Coin is a good investment is because of its developers.

What is Cardano's native cryptocurrency?

Much like the Ethereum blockchain’s native cryptocurrency is ETH, the Cardano blockchain’s native cryptocurrency is ADA — which can be bought or sold via exchanges like Coinbase.

What is Cardano utility token?

The Cardano utility token, ADA, is used as a transfer of value like many other crypto tokens. Yet it differs from other cryptocurrencies in its functionalities. Stake pool operators use it in the staking system to maintain the security of the protocol.

What is Cardano’s primary use case?

For now, Cardano’s primary use case is as a cryptocurrency. ADA, its cryptocurrency, is part of Cardano’s settlement layer. Cardano is often to as the “Japanese ethereum” and reports last year indicated that it was being made available in Japan through ATMs and debit cards.