Cardano is an open-source decentralised third-generation blockchain created to facilitate peer-to-peer transactions. It's secured through an 'environmentally sustainable, verifiably secure' proof-of-stake protocol Ouroboros and beginning with its latest Alonzo upgrade supports a wide range of crypto applications, such as NFTs and smart contracts.
ADA holders can transfer coins almost instantly (ADA's throughput is 257 transactions per second) at low fees. They also earn staking rewards for participating in transaction validation, and unlike with most DeFi staking projects, staked assets can be removed at any time.
Cardano is one of the most actively developed blockchains. Its ultimate goal is to make the services that once belonged exclusively to the traditional financial space accessible through blockchain solutions.
In compliance with the Financial Promotion Act which came into force on 8 October, 2023, at 8 AM UTC, some account functionality is temporarily limited for the Cryptopay customers with verified UK residency.
Check what services are available: Service availability in the UK
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