Cardano Super Bowl Betting

Yes, and not just for betting on the Super Bowl, either!

Cardano is a third-generation Proof-of-Stake (PoS) crypto coin that reimagines many of the crucial elements that make crypto crypto.

Cardano is the first truly decentralized crypto currency, and it’s also got the best staking model of any similar asset. Plus, thanks to the many commercial Cardano partners and their various initiatives, the entire ADA network has serious legs.

For end users and investors, Cardano is extremely capable on the smart contract side of things, making it one of the most attractive platforms for NFTs and De-Fi in general. It’s also the easiest coin for earning free crypto rewards.

As such, you can feel confident buying, spending, trading, and betting with Cardano ADA.

If you’re a member at a legitimate online Super Bowl sportsbook that actually accepts Cardano ADA for deposits and supports Cardano payouts, we think it’s a fine idea to use ADA for all your bet funding needs.

As a crypto deposit method, you’ll get all the enhanced Super Bowl betting bonuses any other crypto would give you, plus you’ll save a lot of money on native blockchain fees when transferring your funds.

Cardano is also one of the fastest crypto coins out there in terms of blockchain transaction times, which makes it an even more attractive option for bettors who need to top off their accounts ASAP.

This is especially important if your entire bankroll is tied up and you want to place some quick Super Bowl live bets at your favorite sportsbook site.

If you’re looking for where to buy Cardano crypto, you have several great options.

The best way to get Cardano ADA is to simply use a commercial cryptocurrency exchange like Binance US, Coinbase, Coinbase Pro, Kraken, or similar.

However, these services make new crypto buyers wait up to 10 days before they can send their new coins off-platform to external wallet addresses like those used by the best legal Super Bowl gambling websites.

As such, you may want to use a different service – such as the Atomic Wallet store – if you don’t buy your ADA at least several weeks out from the big game.

So you want to know how to stake Cardano on Coinbase, do you?

Well, it’s really, really easy: You can’t.

Right now, only a few major exchanges support ADA staking at all, and we don’t recommend using them for this purpose in the first place.

The best way to delegate your Cardano to earn free ADA rewards through staking is to use a private “official” Cardano wallet (i.e. Daedalus Wallet, Yoroi Wallet, or AdaLite Wallet).

This way, you retain sole custody of your Cardano keys and can easily switch to different Cardano stake pools whenever you like.

Remember: Staking through crypto exchanges – regardless of the coin in question – is never a good idea.

It’s not enough to know how to buy Cardano, you need to know how to buy and store Cardano.

Naturally, if you get ADA from an online exchange or through the Atomic Wallet app, you’ll be able to store your Cardano in those respective locations.

However, we don’t recommend either.

Exchanges should never be used to store your Cardano or other crypto coins, and most of them don’t even support ADA staking.

Meanwhile, Atomic Wallet – though a very competent mobile crypto wallet for iPhone and Android – falls short specifically on the delegation front.

To earn maximum Cardano rewards and make the most of your ADA after you’ve won your Super Bowl bets, you should really move it into a private wallet that supports full Cardano staking.

Our favorite is Yoroi, which operates as a mobile app and as a browser extension on your Windows or Mac computer. However, Daedalus and AdaLite are also great options, and we’ve used all three over the last few years.

If you want a bit of added security (albeit added security that comes with a few extra hoops to jump through whenever moving your ADA into and out of your online Super Bowl sportsbook and/or delegation pool), you can opt for a Cardano hardware wallet.

The Ledger Nano S is the most cost-effective option, but the Ledger Nano X is more versatile and works with more coins. You can also buy a hardware ADA wallet from Trezor, with the Trezor One being far more affordable (but less flexible) than the Trezor Model T.

No matter which route you choose, please remember to never buy or download any crypto wallet from any third-party store or online mirror.

Yes, absolutely.

And best of all, you already know how to invest in Cardano, because all you have to do is buy some and let it ride!

Naturally, if you use some of your ADA to bet on the Super Bowl or NFL Playoffs, you can “parlay” your winnings into even more ADA when you withdraw.

Then, on top of that, you can delegate your Cardano to earn passive Cardano income in the form of free ADA rewards!

Of course, all that notwithstanding, Cardano is also a good investment thanks to its huge potential for appreciation. Over the last year, ADA is up hundreds of percent, and the sky’s the limit for how high it can go.

While we disagree with many pundits that ADA is the “Ethereum killer,” there’s no reason to expect Cardano to fall out of the crypto top 10 anytime soon – if ever.

That’s impossible to say.

To check the Cardano price today, you’ll need to use an exchange aggregator like CoinMarketCap or a similar service or crypto app.

Like all cryptocurrencies, Cardano ADA is extremely volatile, and its value routinely pumps and/or dumps buy 5-10% per day. Usually, the ADA value goes as the Bitcoin value goes, which is true for most altcoins in general.

That being said, for most of 2021, the ADA price hovered around an average of about $2.40, with a high of $3.10 and a low of about $1.00.

As of November 2021, the Cardano price is sitting at $1.90 per coin or so.

That depends on what you consider the “near” future to be.

If you’re talking the next year or two, then probably not. However, if you’re talking the next 5-8 years, then definitely.

In fact, most realistic and reasonable Cardano price predictions peg the value of ADA at $100 by 2030, but we think it’ll be worth a lot more by then.

Regardless of whether it goes up 10X or 100X in the next few years, of course, it’s a smart play to withdraw your Super Bowl betting wins in ADA and then delegate that ADA while you wait for its market price to skyrocket.

If you want to retire by Super Bowl 65, that’s how you can do it!

Yes, we think so. But it could take a while.

Remember, crypto itself has been around since late 2009, and only two coins out of a sea of 5000+ different assets are currently worth more than $1000.

Thesem naturally, are Bitcoin and Ethereum.

That said, it’s very possible for many different coins to eclipse the $1000 mark in the future, and it’s even likely that most (if not all) of the current top assets will do so.

This includes Binance Coin, Solana, Ripple, Polkadot, Avalanche, and – of course – Cardano, just to name a few likely candidates.

Now, that being said, given the current price of ADA, you don’t have to worry about whether or not it’ll ever hit $1000 per coin. If it gets to even a tenth of that, your Hail Mary will have paid off with the biggest Super Bowl win of all time!