Tuesday, October 19, 2021

Swiss-Based Exchange Lists ADA with Zero Fees, Cardano Foundation Says It’s a Milestone for Further Development

Lykke, a Swiss-based fintech product provider, crypto exchange and crypto wallet, has a few days ago announced the listing of Cardano (ADA), the third-largest cryptocurrency by market capitalization.

According to the announcement officially made via Twitter on 28th September 2021, Cardano got listed for trading on the crypto wallet with zero fees.

Read Also: Charles Hoskinson Announces Partnership between Cardano and US-Based Fortune 500 Satellite Provider

Lykke Wallet tweeted, “Lykke Wallet announces the listing of Cardano’s ADA for trading with zero fees. Lykke Wallet is a Swiss-based crypto exchange founded in 2015. It offers an all-in-one free crypto app: – low spreads – 24/7 human support – fiat gateway.”

Read Also: New Collaboration to Enable Cardano Integrate Chainlink Oracles for Real-Time Market Data

Reacting to the new development, Richard Olsen, the CEO of Lykke, said:

“The ADA listing is a major milestone for our community that now can trade ADA for free. We are inspired by Cardano’s commitment to scientific rigor and excellence.

“The listing sets the foundation for a deeper partnership that can serve the bigger community to unlock the full potential of blockchain and smart contracts to democratize finance.”

CEO of the Cardano Foundation, Frederik Gregaard, also stated that the new development marks another significant milestone for further development of Cardano:

“This listing on Lykke, which will allow its user base to access ADA for the first time, marks another significant milestone in the development of Cardano.

Read Also: Coin Bureau Host: Cardano To Trigger Largest Explosion in Crypto innovation Since Ethereum Launch in 2015

“Capital bridges and the entry of traditional market makers into the crypto space allows users to leverage liquidity and move seamlessly between fiat and crypto ecosystems. It also serves to both empower our nascent ecosystem and enrich the wider blockchain space.”


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Tobi Loba
Tobi Loba is a passionate writer with over 3 million readers from all over the world. She graduated from a reputable university. She joined the crypto ecosystem about two years ago and has written lots of ebooks and articles in relation to cryptocurrency and blockchain projects.

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