Cardano is a decentralized blockchain platform that offers a secure and transparent way of conducting transactions. Developed by a team of cryptography and computer science experts, it utilizes a proof-of-stake consensus algorithm and is scalable, interoperable, and sustainable. The platform aims to provide real-world solutions and its native cryptocurrency, ADA, is used for transactions, fees, staking, and governance. The Cardano community is committed to promoting decentralization, innovation, and inclusivity, and continuously improves the platform through research and development. With its advanced technology and strong community support, Cardano is set to become a leading player in the blockchain industry.

Instrument specification in OANDA

Minimum order value 50.000
Description Financial Instrument which price is based on contract for exchange rate of CARDANO to US dollar quoted on the cryptocurrency exchanges
Maximum order value 20000.000
Transaction Step 50.000
Type Cryptocurrency
Trading Hours sunday-thursday 00:00-23:00, 23:05-24:00;friday 00:00-22:00;saturday 09:00-23:00, 23:05-24:00
Contract size / 1 lot Price of 1 CARDANO * 1 USD
Deposit required 50%
Value of 1 pip 0.00010
Financial leverage 2:1
Minimal step 0.00010
Long swap (daily) -0.09792%
Short sale YES
Short swap (daily) -0.06953%
Distance SL and TP 0
3-day swap (date) 5

Historical spreads chart ADAUSD

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