Bitfinex Lists Cardano (ADA)!

By LinkStar | LinkStar | 7 Aug 2020

Bitfinex one of the longest running prominent cryptocurrency Exchange has listed Cardano (ADA). Cardano is a fully-decentralized, open-source blockchain protocol established in 2017. After the latest Shelly Hardfork last week (29th July’2020), Cardano has become one of the most Decentralized blockchain network.

Bitfinex said that due to increasing public demand they had decided to list the coin. The announcement was made in Twitter:-

Bitfinex Tweet

The Bitfinex trading in ADA has commenced on 06/08/2020 at 10:00 AM UTC. ADA can be traded with Bitcoin (ADA/BTC), US Dollars (ADA/USD) and Tether (ADA/USDT).

Paolo Ardoino, CTO of Bitfinex, said: “Listing ADA trading pairs is a natural step for Bitfinex.There has always been interest within our community for us to offer ADA pairings, and at this historic time for the Cardano blockchain,there is more demand than ever before from the blockchain community for reliable and trustworthy exchange support for ADA trading.”

Charles Hoskinson

                               (Charles Hoskinson, Founder Cardano (ADA)

Reacting on this development Charles Hoskinson, Founder Cardano, said: “Listing on Bitfinex, one of the world’s largest cryptocurrency exchanges, represents a significant milestone on the road towards mainstream adoption of ADA, and reflects the increased market confidence in Cardano. Following the Cardano protocol’s decentralization through Shelley,Bitfinex offers the opportunity to purchase ADA in multiple jurisdictions worldwide, helping to realize Cardano’s goal of becoming the first truly global blockchain-based financial operating system.”

Many were of the opinion that Bitfinex took much more time to list Cardano. But nevertheless this move is being welcomed by all.


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