Binance Coin (BNB) vs Cardano (ADA) Comparison

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On this page, you can compare Binance Coin (BNB) with Cardano (ADA). Which coin is better to buy now? What will be the better investment?

You can read more about cryptocurrency investment strategies in this article. Some additional rules you can also find here. Finally, you can read about the top 10 trading mistakes leading to failure in this article.

Company

User rating

4.8 / 5 6 user reviews 4.3 / 5 7 user reviews

Cryptogeek rating

4.6 / 5 3.8 / 5

Trust Score

How it works
4.8 / 5 4.39 / 5

About

Binance Coin is a digital asset issued in 2017 by Binance, which is one of the largest cryptocurrency exchanges. Binance Coin (BNB) is an ERC20 token based on the Ethereum blockchain. The asset is available on most of the big centralized exchanges. Binance Coin gets strong support both on Binance and Binance DEX. Binance users get discounts for trades with pairs that include BNB, while on Binance DEX most of the trading pairs include BNB. Due to the strong popularity of the brand, the native Binance asset has quickly became a major success and one of the top 10 cryptocurrencies by market capitalization. It survived harsh 2018 without any notable troubles.
Cardano coin (ADA) is a cryptocurrency launched in 2017. The currency is based on the Cardano network. The leader of the dev team is Charles Hoskinson, an experienced developer who worked for Ethereum and BitShares prior to the launch of Cardano. Cardano is the first cryptocurrency to use academically peer-reviewed open-source code, which makes this project quite unique. The consensus algorithm of Cardano is Proof-of-Stake. Cardano is usually praised for its high level of security and quick transactions. Cardano currency quickly gained value and became one of the top 10 cryptocurrencies by market capitalization.

Type

coin coin

Founding Date

2017 2017

Country

International International

Languages

No data No data

Team

Public Public

Protocol

Public blockchain Public blockchain

Current price (USD)

572.3734 0.3847

All-time high (USD)

39.5700 1.3300

Price change (24h)

-0.64 -2.08

Volume (24h)

106752623.68641 10272850.82349

Hashrate

No data No data

Max Supply

187536713.00000 45000000000.00000

Total supply

No data No data

Circulating Supply

147583421.86312 45000000000.00000

Transaction speed / Block time

20 50

Transaction fee

No data No data

Mining profitability

No data No data

Algorithm

No data Ouroboros

Proof type

No data PoS

Fully premined

No data No data

Smart contract address

No data No data

Total coins mined

155536713.00000 25927070538.00000

Is trading

yes yes

Block reward

0.000000000000 0.000000000000

Block time

No data No data
Company
User rating User rating 4.8 / 5 6 user reviews User rating 4.3 / 5 7 user reviews
Cryptogeek rating Cryptogeek rating 4.6 / 5 Cryptogeek rating 3.8 / 5
Trust Score How it works Trust Score 4.8 / 5 Trust Score 4.39 / 5
About
Binance Coin is a digital asset issued in 2017 by Binance, which is one of the largest cryptocurrency exchanges. Binance Coin (BNB) is an ERC20 token based on the Ethereum blockchain. The asset is available on most of the big centralized exchanges. Binance Coin gets strong support both on Binance and Binance DEX. Binance users get discounts for trades with pairs that include BNB, while on Binance DEX most of the trading pairs include BNB. Due to the strong popularity of the brand, the native Binance asset has quickly became a major success and one of the top 10 cryptocurrencies by market capitalization. It survived harsh 2018 without any notable troubles.
Cardano coin (ADA) is a cryptocurrency launched in 2017. The currency is based on the Cardano network. The leader of the dev team is Charles Hoskinson, an experienced developer who worked for Ethereum and BitShares prior to the launch of Cardano. Cardano is the first cryptocurrency to use academically peer-reviewed open-source code, which makes this project quite unique. The consensus algorithm of Cardano is Proof-of-Stake. Cardano is usually praised for its high level of security and quick transactions. Cardano currency quickly gained value and became one of the top 10 cryptocurrencies by market capitalization.
Type Type coin Type coin
Founding Date Founding Date 2017 Founding Date 2017
Country Country International Country International
Languages Languages No data Languages No data
Team Team Public Team Public
Protocol Protocol Public blockchain Protocol Public blockchain
Current price (USD) Current price (USD) 572.3734 Current price (USD) 0.3847
All-time high (USD) All-time high (USD) 39.5700 All-time high (USD) 1.3300
Price change (24h) Price change (24h) -0.64 Price change (24h) -2.08
Volume (24h) Volume (24h) 106752623.68641 Volume (24h) 10272850.82349
Hashrate Hashrate No data Hashrate No data
Max Supply Max Supply 187536713.00000 Max Supply 45000000000.00000
Total supply Total supply No data Total supply No data
Circulating Supply Circulating Supply 147583421.86312 Circulating Supply 45000000000.00000
Transaction speed / Block time Transaction speed / Block time 20 Transaction speed / Block time 50
Transaction fee Transaction fee No data Transaction fee No data
Mining profitability Mining profitability high Mining profitability high
Algorithm Algorithm No data Algorithm Ouroboros
Proof type Proof type No data Proof type PoS
Fully premined Fully premined No data Fully premined No data
Smart contract address Smart contract address No data Smart contract address No data
Total coins mined Total coins mined 155536713.00000 Total coins mined 25927070538.00000
Is trading Is trading yes Is trading yes
Block reward Block reward 0.000000000000 Block reward 0.000000000000
Block time Block time No data Block time No data

Social

Website

www.binance.com www.cardano.org

Twitter

Binance coin Cardano
Website Website www.binance.com Website www.cardano.org
Twitter Twitter Binance coin Twitter Cardano

Advantages

Uses a unique Burndown Policy Acts as a discount coupon Offers fast transactions and low fees Friendly Peer-reviewed technology Scalable

Disadvantages

Is heavily centralized A major target for cyberattacks Competitors in the same space Still in development Multiple chains

Rating

User rating User rating 4.8 / 5 6 user reviews User rating 4.3 / 5 7 user reviews
Cryptogeek rating Cryptogeek rating 4.6 / 5 Cryptogeek rating 3.8 / 5
Advantages Advantages Uses a unique Burndown Policy Acts as a discount coupon Offers fast transactions and low fees Advantages Friendly Peer-reviewed technology Scalable
Disadvantages Disadvantages Is heavily centralized A major target for cyberattacks Disadvantages Competitors in the same space Still in development Multiple chains

Binance Coin (BNB) user rating is 4.8, based on 6 user reviews. Cardano (ADA) user rating is 4.3, based on 7 user reviews.

We also calculate the special Cryptogeek TrustScore based on the characteristics of each coin.

We choose the winner based on our TrustScore Rating. Please remember, it’s still up to you which company to choose! How do we calculate Trust Score?
Trust Score: 4.39 / 5 Write review
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Binance Coin (BNB) features

At the moment Binance Coin (BNB) price is 572.3734. Its 24h volume is 106,752,624.68641. 24h price change is -1.64.

Binance Coin (BNB) max supply is 187,536,713.0. The circulating supply is 147,583,422.86312.

Binance Coin (BNB) transaction speed/block time is 20. Block reward is 0.0.

At the moment the number of coins mined is 155,536,713.0. Mining profitability is high.

Binance Coin (BNB) Cryptogeek user rating is 4.8, based on 6 user reviews.

Cardano (ADA) features

Cardano (ADA) price is 0.3847. Its 24h volume is 10,272,851.82349. 24h price change is -2.8.

Cardano (ADA) max supply is 45,000,000,000.0. The circulating supply is 45,000,000,000.0.

Cardano (ADA) transaction speed/block time is 50. Block reward is 0.0.

At the moment the number of coins mined is 25,927,070,538.0. Mining profitability is high.

Cardano (ADA) Cryptogeek user rating is 4.3, based on 7 user reviews.

Some basic rules

When trading cryptocurrency, you should take into account the following rules:

Keep track of emotions

Put emotions aside and do not try to run after prices - the time will come and your token will go up. In a bull market, each asset has its finest hour.

Beware of hype

Transparency in the cryptocurrency market is a scarce commodity. Be on the lookout for everything you hear critically, and think about the possible reasons for the newsmaker before spreading the news.

Study the topic yourself, taking into account other people's opinions. Take the news critically. People name different reasons for the recent decline in the cryptocurrency market - these are :baseCompany futures, the Chinese New Year, the loss of interest in :baseCompany, and the downside game by large players ... However, it is possible that the whole thing is false news.

Don't be taken in by false news

An important lesson: do not believe the news, study the topic yourself.

Apply investments diversification strategy and risk management

Diversification is one of the oldest and most important concepts for an investor. Here's how to do it.

  1. Low risk, high market capitalization: 40% of your portfolio. These are the safest and most stable investments, 10 leading tokens. Popular options: :baseCompany, :compareCompany, Neo, and so on. These tokens most likely have a great future, and in the event of market volatility, they will be least affected.
  2. An average risk, average market capitalization: 30% of the portfolio. These are promising and developing projects with great growth potential from the top 50. Popular options: VeChain (VEN), ICON (ICX), Omisego (OMG), and so on.
  3. High risk, low market capitalization: 30% of the portfolio. Here we are talking about active trading and highly profitable instruments, and constant attention is required. This category may include, for example, Red Pulse (RPX) and Internet Node Token (INT).

Lesson: never put all your eggs in one basket.

Do not store tokens on exchanges

Lesson: while tokens are stored on the exchange, do not consider them as yours.

On this page, you can compare Binance Coin (BNB) with Cardano (ADA). Which coin is better to buy now? What will be the better investment?

You can read more about cryptocurrency investment strategies in this article. Some additional rules you can also find here. Finally, you can read about the top 10 trading mistakes leading to failure in this article.