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Home Altcoins

Cardano (ADA) Listed on European Cryptocurrency Exchange

by Solomon Odunayo
September 4, 2019 - Updated on November 25, 2019
in Altcoins, Cryptocurrency
2 min read
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Cardano (ADA), the third-generation blockchain project and the 12th largest cryptocurrency by market capitalisation has recently clinched fresh exchange listing. This update was hinted on 3rd September, 2019 via the Twitter handle of the European cryptocurrency exchange, Anycoin Direct.

Exchange listing of cryptocurrencies has always been the bedrock of development for digital currencies in the crypto sphere, and it’s the expectation of cryptocurrency fans to see their supported coins been listed on major exchanges.

So the recent exchange listing of Cardano (ADA) on Anycoin Direct is a news means to widen the accessibility of the digital coin, especially within the European community members.

Cardano (ADA) has now been open for trading on Anycoin Direct. Users are also open to send the fund of their sold ADA directly into their bank accounts.

Historically, Anycoin Direct cryptocurrency exchange was established in 2013, and headquartered in Netherlands.  It has ever since been functional for the very purpose it was founded.

A number of top cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC) and 20 other digital currencies are already up for trading on the exchange. Thus, the addition of Cardano (ADA) should be a big boost to the dream of extending the reach of the token in terms trading.

Other Expected Developments in the Month of September 2019

The history that revolves round Cardano is a very interesting one. This cryptographic project was founded and launched in September 2017 by Charles Hoskinson, who doubles as the CEO of IOHK and the co-founder of Ethereum.

Cardano has recorded a number of achievements, which has indeed aided the growth of its digital currency, ADA in the crypto market. According to CoinMarketCap, ADA presently occupies 12th position in terms market capitalisation, an inch behind Stellar Lumen (XML) that occupies 11th position.

For the month of September, Charles Hoskinson has reassured the launch of Shelly. The Cardano community has been anticipating for the eventual release of shelly, and the long waiting for the launch has quite initiated discouragement among its diehard fans and investors.

The delay has been remoured to have contributed to the loss of market value which ADA experienced lately. However, the assurance of the launch of Shelly was reiterated by the CEO during an interview on the first day of September.

Forthcoming Launch of Ouroboros Hydra

Going by the words of Charles Hoskinson, the founder of Cardano (ADA), the technology designed to proffer solution to proof-of-stake problems in computer science, which is named as Ouroboros Hydra is also scheduled to be launched by September.

Therefore, this month would be a month to remember in Cardano community if things eventually play-out as planned. This could also impact the price of ADA in the market, and aid the digital currency to challenge higher coins in its chain.

Tags: ADAAnycoin DirectCardanoCardano (ADA)Cardano newsCharles HoskinsonOuroboros HydraShelly
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Disclaimer

Our authors have investments in cryptocurrencies. However, NewsLogical does not endorse any cryptocurrency project referenced in any of our article. Kindly read our editorial policy. In this wise, do not use any information presented here as investment advice.

Do your personal research before making any investment in cryptocurrency, the market is generally volatile.

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Solomon Odunayo

Solomon Odunayo had dispensed his writing ability on growing Eagles News Media, covering News for relatively 2 years as a founder and editor. He now works with NewsLogical.com as a full time cryptocurrency Journalist and Editor due to the experience he garnered over time in the crypto sphere. Email: solomon.odunayo@newslogical.com, editor@newslogical.com.

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