Tired of jumping through hoops to convert your Cardano (ADA) into real cash? What if you could flip your crypto to Naira instantly, securely, and at the best rates, without any accompanying headache? Whether you are cashing out profits, covering expenses, or sending money to loved ones, converting ADA to Naira doesn’t have to mean navigating sketchy platforms or losing money to hidden fees.
The FlipEx App is your go-to solution for seamless crypto-to-fiat conversions. In this guide, we will break down the fastest, safest, and most cost-effective way to convert ADA (Cardano) to Naira, step by step. Ready to unlock the value of your crypto? Let’s dive in, your hassle-free payday starts here.
What Is The ADA Cryptocurrency Asset?
The blockchain platform ADA (Cardano) is based on the Ouroboros proof-of-stake consensus algorithm, which verifies transactions without requiring a lot of energy. The Haskell programming language, which is used in Cardano development, is said to allow Cardano to pursue evidence-based development for unparalleled security and stability. ADA, the native token of the blockchain, bears the name of Ada Lovelace, a mathematician from the 19th century.
Cardano’s 2017 introduction made it the biggest cryptocurrency to employ a proof-of-stake blockchain, which is seen to be a more environmentally friendly option than proof-of-work protocols.
How Can I Convert ADA (Cardano) To Naira On Flipex?
Below is the stress-free process on how you can convert your Cardano to Naira on FlipEx.
- First, download our app from the Google Play Store for Android devices or App Store for IOS or Apple devices.
- Log into the app if you are an existing user. New users will need to sign up for an account. Registration and verification process is easy, and you can access our app in just a few minutes.
- On your dashboard, tap on “Sell crypto”. You’ll be taken to a page which will show you the available cryptocurrencies traded on FlipEx. ADA is the first on the list. Tap on it and tap on “Sell” on the next page.
- Fill up the amount you wish to convert to Naira. The value of the amount in ADA will be shown in the “Asset amount” bar. The rate on the FlipEx App will be displayed on the “our rate” section and the exact value in Naira will be shown below in the bar.
- To convert your ADA (Cardano) to Naira, scroll to the end of the page and tap “Sell Cardano”. You will be credited in your FlipEx wallet in moments. Then you can choose to send it to any bank account of your choice.
How Do I Calculate ADA (Cardano) To NGN on FlipEx?
You can use our FlipEx rate calculator at the top of this page to convert any amount of ADA to NGN. To use Rate calculator on the Flipex App, all you need to do is:
- On your dashboard, tap on “Rate Calculator”.
- Select the “Crypto” tab and fill in the necessary details, eg, Select coin (ADA), Enter total amount, Crypto volume etc.
What Are Assets Similar To Cardano That I Can Trade On FlipEx?
Several crypto assets have a similar or comparable market cap to Cardano that you can trade on FlipEx. These crypto assets include Bitcoin, Ethereum, Dogecoin, Solana, Litecoin, Binance Coin, and more.
Benefits Of Trading ADA (Cardano) To Naira On FlipEx
There are a few benefits you enjoy from trading ADA (Cardano) to Naira on FlipEx. They include:
Benefits of the ADA to NGN Exchange
- FlipEx is very secure, protecting your personal information under multiple layers of security. You can be sure that no one hacks your account to steal your funds.
- FlipEx is fast and efficient, processing your transaction in moments, and helping you settle that pressing need as fast as possible.
- FlipEx gives you the avenue to do multiple things with your earnings in trades from, transferring to any bank account, to buying airtime, data and Cable subscriptions.
- Speedy customer support is one of the fortes of FlipEx. In case you run into any trouble while trading, all you need to get unstuck is to contact the 24/7 FlipEx support team. You can also take advantage of our live chat feature to find instant solutions to any complications you may run into while using the app.
To Wrap it Up
Now that we know how to convert ADA (Cardano) to Naira on FlipEx, we trust that you continue to trust FlipEx for all the trading of your digital assets including gift cards. You could also use our platform as an everyday digital wallet, settling your everyday financial needs seamlessly and speedily. Get with us today!