While most cryptocurrencies are still recovering from the recent crash, Cardano (ADA) seems not to be distracted by the current trends. The coin has been attracting a lot of attention and more investors seem to have discovered what Cardano sands for and the potential the sleeping giant has.
The coins route to market seems to target the unexploited markets and its quest to become a global leader as a payment system reigns supreme. After its partnership with one of the largest mobile payment outfit in South Korea; Metaps Plus, ADA expansion still remains unstoppable. Cardano will take advantage of Metaps Plus user base to increase its adoption and gain worldwide acceptance.
Cardano Cryptopia Listing
The Cardano (ADA) community has everything to smile about after the news that ADA has been listed on the Cryptopia exchange. Cryptopia is a New Zealand based exchange and will help in opening new market for the coin and enable it remain competitive in the market.
Traders using Cryptopia can now trade in ADA and is already being paired with Bitcoin (BTC), Dogecoin (DOGE) and Litecoin (LTC) with more pairings expected in the coming weeks. Through their twitter handle, the exchange conveyed the good news thus;
We’re happy to announce the listing of Cardano $ADA! Welcome to the Cryptopia family @CardanoStiftung! See more info on our Help Centre Listings page
To confirm the ADA listing the news were passed to the entire community as well as other stakeholders and interested adopters;
Dear Cryptopians: Cardano (ADA) is now available on Cryptopia for trading. The following trade pairs are currently available – ADA/BTC, ADA/LTC & ADA/DOGE. You can start depositing and trading ADA from today.
Getting listed on the Cryptopia exchange is a big win not only for Cardano but for the entire community. The coin continues to penetrate new markets and readying itself for mass adoption and the best global appeal choice in the digital money payment industry. Below are three wins that the listing is set to bring to the network and community.
Cardano (ADA) Mass Adoption
The growth of the Cardano (ADA) value is based on the number of users in the network. Cardano uses the latest technology; the Ouroboros which can handle a large user base whilst taking care of any threats. This is proof-of-stake algorithm outfit that allows easy development of side chains.
User privacy and security on Cardano is guaranteed which is big win for the investor. On the other hand the network uses the Haskell language in coding and this protects the entire network against bugs that have been an issue with many other blockchains. Haskell protects the system against vulnerabilities making Cardano a big threat to Ethereum (ETH).
Cardano (ADA) Native Wallet
To make Cardano the platform of the future, sustainability is a key focus. The use of native and independent wallet known as the treasury makes the network self-sustaining. This feature stores set amounts of each transactions and these funds are used to fund new projects and align the system to their roadmap. However the community has a say on what needs to be done and approves projects depending on user needs.
The multi-functional Cardano Daedalus wallet is another feature that comes in handy especially after ADA listing on Cryptopia. You can use the wallet to store your ADA coins, make payments and claim rewards. This comes with state of the art security features and you can export to paper or cold storage.
Team behind Cardano
Cardano has assembled the best team in the blockchain technology. This is a major win for the platform since investors are looking at who is behind the project they are staking on. The team is composed of scientists and academicians of repute. However the team is trust based and no in-house under dealings that can expose the system to threats.
The developer team has grown the platform to its current state and is user centric. They put the community first in decision making and this has enabled the coin attract a big users base in a very short period.
Cardano (ADA) growth has seen it rank 7th by market capitalization and holding firm in the market. ADA Price stands at $0.211155 after shedding 3.86% against the dollar in the last 24 hours. The drop in price is a ripple effect after BTC price went below $8,000 overnight. However, for the Cardano Adopter, this is the right time to buy and hold; the price is set for a break out by end of July.