Robinhood Launches Cardano Staking for More Than 27 Million Users

The update makes staking (locking crypto to earn rewards) for ADA available on Robinhood, expanding Cardano access to the platform’s large user base.

ADA

42d ago

Summary

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Terms & Concepts

Staking: Locking cryptocurrency in a blockchain network to help support operations and earn rewards.
ADA: The native cryptocurrency of Cardano, used for transactions, network participation, and staking rewards.
Cardano: A blockchain network that supports smart contracts (self-executing blockchain code) and uses staking for network participation.