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Singapore-Based Crypto Exchange Bitrue Incorporates Cardano (ADA) As a Base Currency

Bitrue, a Singapore-based crypto exchange, has announced the incorporation of Cardano (ADA) as a base currency on its trading platform.

The new development was shared a couple of hours ago via Bitrue’s official Twitter handle. According to the report, nine trading pairs will be launched for Cardano (ADA) on 24th February 2022, at 12:00 UTC.

Read Also: Cardano: Biggest Binance Whale Grabbed 5.3 Million ADA worth $5.1 Million

Bitrue tweeted, “We are making Cardano $ADA a base currency on Bitrue! As the latest step in our extensive Cardano support, 9 new pairs will be launching with /ADA starting Feb 24th at 12:00 UTC.”

According to the official announcement, nine trading pairs that will be launch for Cardano (ADA) are, FLUX/ADA, DGB/ADA, RSR/ADA, GAS/ADA, SNT/ADA, CTSI/ADA, BNT/ADA, LOOM/ADA, and KNC/ADA.

The report added that more ADA pairs will be included subsequently, urging users and Cardano (ADA) to make good use of the pairs on the platform.

Read Also: Morgan Stanley: Ethereum May Lose Market Share to Cheaper Competitors Such As Solana, Cardano

The exchange promised to continue supporting ADA and the Cardano community.

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Before launching support for the digital token ADA, Bitrue already has a number of crypto assets as base currencies, including Ripple’s XRP, Bitcoin (BTC), Ethereum (ETH), Tether (USDT), and USD Coin (USDC).


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Solomon Odunayo
Solomon Odunayo
Solomon is a trader, crypto enthusiast, and analyst with over four years of experience in the industry. He strongly believes that crypto assets and the blockchain will continue to gain prominence. At TimesTabloid.com, he focuses on news, articles with deep analysis of blockchain projects, and technical analysis of crypto trading pairs.
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