Cardano is a proof-of-stake blockchain platform that says its goal is to allow “changemakers, innovators and visionaries” to bring about positive global change.
The open-source project also aims to “redistribute power from unaccountable structures to the margins to individuals” — helping to create a society that is more secure, transparent and fair.
Cardano was founded back in 2017, and named after the 16th century Italian polymath Gerolamo Cardano. The native ADA token takes its name from the 19th century mathematician Ada Lovelace, widely regarded as the world’s first computer programmer. The ADA token is designed to ensure that owners can participate in the operation of the network. Because of this, those who hold the cryptocurrency have the right to vote on any proposed changes to the software.
Sign up or download LCX Mobile and start the sign-up process. You will need a valid ID and proof of address in order to transact, so be sure to have those ready. Verifying your ID may take longer than a few minutes, depending on where you live. Click here to get verified.
2. Deposit token
Click on “wallet” and then “Deposit”. Choose the “coin”, Choose the “provider” and deposit the token.
3. Start a trade
On exchange.lcx.com/, select trade and choose the $ADA pair that you want to trade. Select “buy” or sell,” enter the bid and amount you want to buy, and click buy $ADA.
4. Done
Once the order is processed, you will receive an order confirmation email. That’s it, you’ve bought $ADA.
Only registered users of the LCX platform are eligible to purchase the Tokens. The Issuer will not sell any Tokens where potential buyers are citizens or residents of restricted jurisdictions as determined by the Issuer. In particular, restricted jurisdictions are the United States of America and China, further, any US persons are prohibited from participating.
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The Liechtenstein
Cryptoassets Exchange
Registered Crypto Asset Service Provider (CASP)
Number: 288159
LCX AG, established in 2018, is a registered company in the Principality of Liechtenstein with registration number FL-0002.580.678-2. LCX AG is regulated by the Financial Market Authority of Liechtenstein under the registration No. 288159 as a trusted technology service provider and Crypto Asset Service Provider (CASP). Trading digital assets such as Bitcoin involves significant risks.