What is Cardano?
Cardano is a proof-of-stake blockchain platform with a mission to bring positive change into the world and support the journey of all “changemakers, innovators and visionaries”. Founded by Charles Hoskinson, who was also one of the co-founders of the Ethereum network, Cardano has a maximum supply of 45 billion ADA and allows decentralized apps and smart contracts to be developed with modularity. The ADA token ensures that holders can participate in the operation of the network, having the right to vote on any of the proposed changes to the software.
Cardano is one of the biggest blockchains to successfully implement a proof-of-stake consensus mechanism, making it one of the most environmentally sustainable blockchain protocols.
How to Deposit ADA Into Your Coinmetro Account
For all in-depth information on how to deposit ADA into your Coinmetro account, please click the button below.
How to Withdraw ADA From Your Coinmetro Account
Important Note - To request a withdrawal, your account profile needs to be verified as well as having the funds to cover your withdrawal. The first time a withdrawal is made to a destination, the destination needs to be verified via e-mail. If you have 2-Factor Authentication enabled for withdrawals, you will be asked to input the code for each withdrawal, approved or not. We suggest enabling 2-Factor Authentication to protect your account.
Withdrawals waiting for approval can be cancelled and withdrawal status can be found by selecting the wallet on the GO! Dashboard. Approved withdrawals cannot be cancelled. If there is no Cancel button, there should be a transaction ID (TXID). This is a link to the relevant tx hash (Transaction Hash) on a blockchain explorer website.