By Shelly Melancon (Switzerland)
There’s some good news in the air for crypto lovers, especially the Cardano community, as one of the largest crypto exchanges in the world has announced plans to list $ADA. On Thursday, Bitstamp exchange disclosed that it would list $ADA on its platform as well as add order books to enable trading of pairs.
Bitstamp Shares Launch Dates and Pairings Schedules
According to a blog post shared by Bitstamp, $ADA will be listed on the 23rd of November, allowing only deposits and withdrawals. However, there will not be any form of trading just yet. On November 24th by 11.00 UTC, users can place and cancel limit orders, but they won’t be paired.
Around 15.00 PM UTC, there will be order matching, and users can execute trades like other cryptos on the platform. According to Bitstamp, order types and card purchases will be made available for new trading pairs when the order books have gotten enough liquidity.
The crypto community was more than excited about the news, stating that they can’t wait to trade the new cryptocurrency on the exchange. $ADA has one of the most supportive crypto communities online and offline, and it reflects the strength of the digital asset.
This isn’t the only Cardano news that made the rounds this week. Yesterday, it was reported that a new version of Cardano Wallet Daedalus was released. The blockchain company revealed that the new v4.5.0 has an enhanced voting screen layout and integrated caution for pool over-saturation.
Bitstamp Extols Cardano’s Innovation and $ADA
Before the announcement, Bitstamp started by commending Cardano and its innovative ideas. It said that Cardano offers tools that help tech innovations and visionaries, with the intent of redistributing power to individuals. It further said that it appreciates Cardano’s objective to create a society that isn’t only secure, but transparent and fair, to which global change can be attained.
Bitstamp introduced Cardano as a blockchain that intends to be a decentralized stack development platform with several asset ledger and smart contracts. It is the foremost blockchain to utilize the peer-reviewed research model, which the team claims is secure, scalable enough, and robust to support deployment. Bitstamp rounded up the introduction by calling the Cardano platform impressive and capable of supporting a wide range of applications.
Earlier today, a Twitter account belonging to Altcoin Daily – a crypto-based YouTube channel, stated that Cardano alongside Polkadot are still at the early stages of development, despite the popularity of their tokens $ADA and $DOT. However, it suggests that their tokens could go higher than their current worth in the market.
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