If you’re searching for where to store Cardano, ada, you’ve come to the right page. The best cardano wallet is a hotly debated topic in the Cardano community, and there are many types of Cardano wallet, all listed here, available to users. The only Cardano desktop wallet available is Daedalus, a full node wallet that downloads the complete Cardano blockchain, ~100GB.
By far the most popular type of wallet is a Cardano light wallet and there are many of these for you to choose from. The second most popular type of wallet is a Cardano web wallet. Most Cardano wallets will show the Cardano price, and a few have even the integrated the ability for you to buy Cardano, ada, directly in the wallet!
Almost all the wallets listed above allow you participate in the Cardano staking protocol, Ouroboros, where you can help to secure the network and earn passive income in the form of staking rewards. Many of the wallets listed above will also allow you to search for which pool to stake your Cardano, ada, to right in the wallet itself.
Finally, there are multiple Cardano cold storage wallets for you to choose from. There are five hardware wallets that offer native support for where to store ada, and two of them, the Ledger and Trezor are supported by multiple light wallets allowing you to use your favorite interface to keep your coins secure in cold storage.
Frequently Asked Questions
- What is Cardano Staking?
Staking Cardano is when a user delegates their ADA to a stake pool on the Cardano network. Their ADA never leaves their wallet, and it is not locked up so it is still free to be used at anytime by the owner for whatever they want.
These stake pools produce the blocks for the Cardano blockchain and by delegating to a stake pool you earn passive rewards when the pool you delegate to produces a block. You also help increase the decentralization of the Cardano network.
- Where to Stake Cardano?
Most wallets in the Cardano ecosystem allow you to stake ADA to a Cardano stake pool. Some have built in pool searching functionalities that allow you to search for a Cardano stake pool within the wallet extension or application. Others require you to use external explorers to find a stake pool to stake your ADA to.
- Does Cardano have a mobile wallet?
There are multiple Cardano wallets available for both iOS and Android devices. Each wallet that has an App will have the appropriate "iOS App" and "Android App" tags. Alternatively you can go to our Android App and iOS App pages for specific information on projects that offer app for these operating systems.
- How to Store Cardano?
To store ADA you simply send that ADA to the receiving address generated by your Cardano wallet. You can generate a new receiving address for every incoming transaction to your wallet, this allows you to preserve your privacy as each address only registers the transactions sent to it.
All receiving addresses generated are associated with your wallet and your wallet will reflect the balance of all used receiving addresses. You can reuse receiving addresses but this reduces the privacy because anyone can see what transactions have been received by that address.
- How to buy Cardano/ADA?
Most wallets in the Cardano ecosystem allow you to stake ADA to a Cardano stake pool. Some have built in pool searching functionalities that allow you to search for a Cardano stake pool within the wallet extension or application. Others require you to use external explorers to find a stake pool to stake your ADA to.
- What is the best Cardano wallet?
Best is a subjective term and the best Cardano wallet for you is the one with all the features you need for your ease of use, security, and confidence. Each wallet has it's own description with it's functionalities and are also tagged with many of these unique functionalities, such as hardware wallet integration for light wallets. Many will tell you that the best Cardano wallets are light wallets, that feature both hardware wallet connectivity along with mobile apps.