Recently, the New Zealand exchange – Cryptopia, has announced that Cardano has been featured on its digital currency trading platform. This is a great news for the digital currency as well as the Cardano community in the market of digital currency.
The Supported Pairs of ADA on the Platform
The digital currency trading platform also published its updated features. It is presently available for trading with the following pairs ADA/DOGE, ADA/LTC, and ADA/BTC on May 23. The exchange platform tweeted that they are happy to announce the listing of Cardano.
The digital currency trading platform is one of the leading trading platforms, which lets users to buy and sell their assets. It is achieved by P2P in their community, unlike some crypto trading platforms where the platform trades directly with its users.
It also enables trading of multiple digital currencies and allows their customers to withdraw, deposit, and trade digital currencies such as Bitcoin and Litecoin.
The Blockchain of Cardano (ADA)
Cardano is a blockchain tech that is a public digital currency project and also decentralized. The recent swing in the digital currency market that affected almost all the digital currencies also affected Cardano. As a result of the swing, a lot of digital currency saw a decrease in their values, and most of them are still yet to recover from that trend.
Presently, the trading value of Cardano (ADA) is about $0.22 with a market capitalization of more than $5 billion at the time of writing. In the past one hour, there has been a decrease of 2.6 percent in its value, and a decrease of 11.5 percent in the last twenty-four hours, according to coinmarketcap.com.
Cardano is currency sitting at the number seven spot on the list of top digital currencies in the world based on market cap. The top trading platforms that featured the digital currency on their platform are Upbit, Binance, and Huobi.