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Cardano Foundation trusts ADA4Good and delegates 14.6m ADA

How to Buy and Stake Your ADA

Updated: May 16

Cardano Explained Without Jargon & Within 199 words

By staking your ADA you will earn rewards passively.


Step 1: Buy some ADA You can buy ADA at crypto exchanges. Here are the biggest and how to use them to buy ADA:

Coinbase.com (can buy directly using Fiat)

Binance.com (will have to buy Bitcoin first then sell it for ADA)


Step 2: Send your ADA to your Cardano Wallet

To be able to stake your ADA, you first need to send your ADA from your Exchange wallet to a native Cardano wallet. It's not hard to install a Cardano wallet, but please make sure you follow all steps carefully and specially write down the recovery phrase! I prefer the "Yoroi"-wallet:


Download here: yoroi-wallet.com How to create a new ADA wallet:

How to send your ADA from Binance.com to your new ADA wallet:


Step 3: Delegate your ADA

OK! Now that you got your ADA in your Yoroi wallet, its time to stake it. You do that by "delegating" your ADA to a Stake Pool of your choice.


If you would like to support us and our causes we appreciate you selecting our stake pool: ADA4Good. Ticker: A4G


Instructions to delegate your ADA using Yoroi Wallet:

And here using Daedalus Wallet:


If you have questions, feel free to contact me. Happy staking!



Please leave your comments below and let me know what other subjects you would want me to cover without Jargon & within 199 words.


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Why Delegate to us?

  1. Our pool is hosted and monitored 24/7 at professional datacenters in Amsterdam & in Singapore.

  2. More than 20 years of both technical and commercial experience.

  3. We are here to stay! We are holding and accumulating ADA from the very start; HODL-ing long term.

  4. Access to our trading channel where you can learn about trading and follow our trades in real-time!

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