Cardano (ADA) vs WAX (WAX) Comparison

Compare companies

On this page, you can compare Cardano (ADA) with WAX (WAX). 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

4.3 / 5 7 user reviews 5 / 5 1 user review

Cryptogeek rating

3.8 / 5 0 / 5

Trust Score

How it works
4.39 / 5 1.7 / 5

About

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.
WAX is a purpose-built blockchain and protocol token designed to make e-commerce transactions faster, easier, and safer for all participants. The WAX Blockchain uses Delegated Proof of Stake (DPoS) as its consensus mechanism and is meant to be fully backward compatible with EOS. The custom features and incentive mechanisms developed by WAX are designed to optimize the blockchain's usability in e-commerce, and encourage voting on guilds and proposals.

Type

coin coin

Founding Date

2017 No data

Country

International No data

Languages

No data No data

Team

Public Public

Protocol

Public blockchain No data

Current price (USD)

1.1127 0.0492

All-time high (USD)

1.3300 5.0100

Price change (24h)

3.84 0.00

Volume (24h)

58143499.98024 0.00000

Hashrate

No data No data

Max Supply

45000000000.00000 3770303327.00000

Total supply

No data No data

Circulating Supply

45000000000.00000 0.00000

Transaction speed / Block time

50 No data

Transaction fee

No data No data

Mining profitability

No data No data

Algorithm

Ouroboros No data

Proof type

PoS No data

Fully premined

No data No data

Smart contract address

No data No data

Total coins mined

25927070538.00000 No data

Is trading

yes No data

Block reward

0.000000000000 No data

Block time

No data No data
Company
User rating User rating 4.3 / 5 7 user reviews User rating 5 / 5 1 user review
Cryptogeek rating Cryptogeek rating 3.8 / 5 Cryptogeek rating 0 / 5
Trust Score How it works Trust Score 4.39 / 5 Trust Score 1.7 / 5
About
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.
WAX is a purpose-built blockchain and protocol token designed to make e-commerce transactions faster, easier, and safer for all participants. The WAX Blockchain uses Delegated Proof of Stake (DPoS) as its consensus mechanism and is meant to be fully backward compatible with EOS. The custom features and incentive mechanisms developed by WAX are designed to optimize the blockchain's usability in e-commerce, and encourage voting on guilds and proposals.
Type Type coin Type coin
Founding Date Founding Date 2017 Founding Date No data
Country Country International Country No data
Languages Languages No data Languages No data
Team Team Public Team Public
Protocol Protocol Public blockchain Protocol No data
Current price (USD) Current price (USD) 1.1127 Current price (USD) 0.0492
All-time high (USD) All-time high (USD) 1.3300 All-time high (USD) 5.0100
Price change (24h) Price change (24h) 3.84 Price change (24h) 0.00
Volume (24h) Volume (24h) 58143499.98024 Volume (24h) 0.00000
Hashrate Hashrate No data Hashrate No data
Max Supply Max Supply 45000000000.00000 Max Supply 3770303327.00000
Total supply Total supply No data Total supply No data
Circulating Supply Circulating Supply 45000000000.00000 Circulating Supply 0.00000
Transaction speed / Block time Transaction speed / Block time 50 Transaction speed / Block time No data
Transaction fee Transaction fee No data Transaction fee No data
Mining profitability Mining profitability high Mining profitability No data
Algorithm Algorithm Ouroboros Algorithm No data
Proof type Proof type PoS Proof type No data
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 25927070538.00000 Total coins mined No data
Is trading Is trading yes Is trading No data
Block reward Block reward 0.000000000000 Block reward No data
Block time Block time No data Block time No data

Social

Website

www.cardano.org wax.io

Twitter

Cardano @wax_io
Website Website www.cardano.org Website wax.io
Twitter Twitter Cardano Twitter @wax_io

Advantages

Friendly Peer-reviewed technology Scalable -

Disadvantages

Competitors in the same space Still in development Multiple chains -

Rating

User rating User rating 4.3 / 5 7 user reviews User rating 5 / 5 1 user review
Cryptogeek rating Cryptogeek rating 3.8 / 5 Cryptogeek rating 0 / 5
Advantages Advantages Friendly Peer-reviewed technology Scalable Advantages -
Disadvantages Disadvantages Competitors in the same space Still in development Multiple chains Disadvantages -

Cardano (ADA) user rating is 4.3, based on 7 user reviews. WAX (WAX) user rating is 5, based on 1 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
Trust Score: 1.7 / 5 Write review
Choose other companies
Cardano (ADA) features

At the moment Cardano (ADA) price is 1.1127. Its 24h volume is 58,143,500.98024. 24h price change is 4.84.

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.

WAX (WAX) features

WAX (WAX) price is 0.492. Its 24h volume is 0.0. 24h price change is 0.0.

WAX (WAX) max supply is 3,770,303,327.0. The circulating supply is 0.0.

WAX (WAX) Cryptogeek user rating is 5, based on 1 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 Cardano (ADA) with WAX (WAX). 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.