Still one of the most progressive crypto projects in 2018, despite its bleeding prices, Cardano makes it way to open trading platform and gets paired with stablecoin, TrueUSD (TUSD).
Cardano (ADA) Gets Paired with TrueUSD (TUSD)
World’s largest crypto exchange, Binance has announced the addition of three new pairs of the stablecoin, TrueUSD to its platform. Announced by the exchnage’s Support team, Cardano (ADA), Tron (TRX) and NEO were added to the exchage’s trading platform.
According to the announcement, the trading pairs will be available from December 19th, 2019. The exchange, however, took the opportunity to warn users about investing in cryptocurrencies while stating that they will do their part to avert risks from their end.
“Binance will open trading for ADA/TUSD, TRX/TUSD, and NEO/TUSD trading pairs at 2018/12/19 4:00AM (UTC).The pairing of Cardano (ADA) with TrueUSD appears to be a positive move as it experienced a price lift following the announcement of its listing.
Risk Warning: cryptocurrency investment is subject to high market risk. Please make your investments cautiously. Binance will make best efforts to choose high quality coins, but will not be responsible for your investment losses.” The exchange wrote.
Cardano (ADA) Accelerates Towards Becoming Blockchain 3.0
As previously reported Cardano had been noticed to be advancing despite the tumultuous months faced by crypto space. Cardano took one major step towards making its mark on December 18th, 2018 by releasing its anticipated 1.4 Update.
The update, according to the Cardano’s IOHK Foundation, was integrated with many updated features to ensure the Cardano network’s functionality is well impacted. The update sought a means of limiting scalability issues by reducing the hard space required by storage on the blockchain.
“This release brings significant robustness improvements and resolves some network connections issues which were affecting a lot of users” the IOHK Foundation stated upon release.Also integrated on the network is the upgraded version of the Daedalus wallet which enables online storage of Cardano (ADA) and a ledger which enables transfer of the token to the wallet.
Launched in its Byron phase, the foundation stated that the next update will be in its Shelley phase which will subsequently establish the decentralization of the network. While this update is seen as a major victory for the coin, Cardano (ADA) had, on the sidelines, achieved major points towards adoption.
Cardano (ADA) happens to be one of the rare coins integrated with a prepaid card. Metaps Plus, recently announced that Cardano Prepaid cards were available for customers and practically moved the coin towards mainstream adoption.
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