What are Cardano and ADA?
Cardano is a public blockchain platform. ADA is its cryptocurrency, and people often use the names Cardano and ADA interchangeably.
On Cardano, ADA is used to pay transaction fees. It can also be used to take part in governance and pay for services in applications built on the network. In the App send flow, the balance is labelled as Cardano.
How to send ADA in the Crypto.com App
In the Crypto.com App, the basic Cardano send flow goes like this:
- Head to 'Accounts', tap 'Crypto Wallet' and find your Cardano balance.
- Select 'Transfer', then tap 'Withdraw'.
- Choose 'Crypto.com Users' to send to another App user, or 'External Wallet' for a supported external address.
- Enter the exact amount of ADA, double-check the network details and verify the withdrawal with a protection method, such as two-factor authentication (2FA).
What fees apply when sending ADA?
Transfers to another Crypto.com App user are instant and free of charge. Other fees, spreads or transfer limits may apply.
If you withdraw Cardano to an external wallet, standard network withdrawal fees apply. Review the transaction details and network costs in the App before you confirm.
Can a Cardano transfer be reversed?
No. Once a Cardano transaction is authorised and confirmed on the blockchain network, it can't be cancelled or reversed to get the ADA back.
Before you confirm, check the recipient's exact wallet address and network details. If you're sending to a new external address, add it to your withdrawal whitelist and verify the addition first. This mandatory App step must be completed before you can send Cardano to that address.
