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Charles Hoskinson’s Cardano (ADA) is to be available for trading on Netcoins
Whenever a crypto asset gets listed on a reputed platform, it creates a win-win for both the cryptocurrency and crypto platform. On the one hand, the digital assets get more exposure while their reach expands, and on the other side, crypto exchanges get a chance to serve their users with more options. The same came for Cardano (ADA) and Canadian crypto exchange, Netcoins.
A press release reported that Cardano (ADA) is now live trading on Netcoins. This came as another instance for Cardano (ADA) where it has recently received vital support from a prominent crypto hardware wallet provider firm, Ledger. One of the leading crypto exchanges in Canada, Netcoins has the third position in terms of most coins across all legal and regulated crypto exchange platforms in the region.
On top of that, it was also reported earlier that Cardano’s native token ADA is now available for management on Ledger Live’s platform, in addition to its support on the forum, as per the Ledger team. Earlier it was said that Cardano accounts were then compatible with Android mobile phones due to their support. However, the compatibility task is currently in process for iOS regarding both the Ledger Live Platforms and Ledger.
Such bold moves should have made an impact on Cardano’s (ADA) price, but given the current crypto market downturn, it hardly made any effect on the price of crypto assets. The last couple of days of June has also been bears where most of the coins have seen a slump in their prices. Cardano’s ADA has also been one such plunging coin where it has seen a drop of about 2.28% in the last 24 hours and is trading at about $0.44 at the time of writing.
However, it was not all that bad for the entire crypto market where several crypto assets came out doing well regardless of adversities.
A couple of weeks ago, Ripple (XRP) also announced their very first office opening in Canada, following their aspiration to set up offices at different international locations and expand its reach to worldwide users. This step of Ripple was taken considering the capital city Toronto becoming an engineering hub that could further benefit Ripple.
Nancy J. Allen is a crypto enthusiast, with a major in macroeconomics and minor in business statistics. She believes that cryptocurrencies inspire people to be their own banks, and step aside from traditional monetary exchange systems. She is also intrigued by blockchain technology and its functioning. She frequently researches, and posts content on the top altcoins, their theoretical working principles and technical price predictions.
