Cardano has made the online community smiley and happy with all the updates and news that the foundation has had to offer within the past month. For those living in New Zealand, the idea that ADA is now listed on Cryptopia’s Exchange platform called for celebration on both sides, and overall there is great hope for the cryptocurrency market. As it stands, Cardano is currently available for trading with the following pairs – ADA/BTC, ADA/LTC, and ADA/DOGE, starting from today, May 23.
Cryptopia Exchange tweeted: “We’re happy to announce the listing of Cardano $ADA! Welcome to the Cryptopia family @CardanoStiftung!”
Most of us are already aware the Cryptopia Exchange is known as one of the top crypto exchange platforms, allowing users to either buy or sell their assets. All this is made possible by the peer-to-peer deal within their community, contrasting with most exchange platforms which trade directly with users. Plus, Cryptopia allows users to trade a wide range of digital assets, deposit, and withdraw cryptos such as Bitcoin (BTC, Litecoin (LTC), and much more.
But why has Cardano been selected? Well, the virtual asset has grown in popularity because of the blockchain technology behind it, and its increased transparency. Trading at a price of approximately $0.219252, along with a market cap value of over $5 billion at the time of writing, Cardano is doing pretty well for itself, and we don’t expect that to stop any time soon.
However, we should note there has been a decrease of 2.63% since this morning, and a reduction of 11.54% in the past 24-hours, according to CoinMarketCap. At the moment, Cardano [ADA] still holds 7th position in the cryptocurrency market, and it’s holding strong. Around the globe, the top exchange platforms that currently trade Cardano (ADA) are the presently conflicting Upbit, the famous Binance, and Huobi with the pairs of Ada/KRW, ADA/BTC and, of course, ADA/USDT.