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Cardano (ADA) Can Now Be Traded Against Bitcoin (BTC) on Major Crypto Exchange

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According to Tuesday announcement.

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The Seychelles-headquartered cryptocurrency trading platform was launched back in 2018. According to data provided by CoinMarketCap, it has traded $1.4 billion over the past 24 hours. MEXC Global offers spot and derivatives trading, as well as leveraged ETFs and staking services.

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Last June, the exchange went through a rebranding process to highlight its global expansion after obtaining compliance licenses in several jurisdictions, including Canada, Switzerland and Australia. At the end of March, the trading platform announced a $150 million commitment to develop a blockchain-based machine learning platform called Fetch.ia.

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As reported by Cryptooshala, MEXC Global added support for Bone ShibaSwap (BONE), the decentralized exchange (DEX) governing token, back in January.

In May, MEXC Global made it possible for users to trade Shiba Inu and Dogecoins for the Circle USDC stablecoin. In the same month, USDC pairs were listed on OKX for spot trading of Cardano, Avalanche (AVAX), Shiba Inu (SHIB) and a host of other cryptocurrencies.

Earlier this year, cryptocurrency exchange Bitrue added several pairs based on Cardano.

As reported by Cryptooshala, ADA recently managed to outperform XRP after a decent rally last week. The cryptocurrency was boosted by the hype around the Vasil hard fork, which is expected to significantly increase the efficiency of the leading Proof-of-Stake blockchain. However, the exact date of its launch has not yet been announced.





Credit : u.today

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