Cardano will be the base currency at Biture exchange

Cardano’s native token ADA is closer to its new milestone on Bitrue exchange. 

Cardano’s native token ADA is standing at 7th rank in the crypto industry. At present time Cardano on chain activities is at a tremendous level, which is giving a shoulder to shoulder kick competition to Ethereum. 

On 23 February, the official Twitter account of the Biture exchange announced that the exchange is going to add Cardano’s native token as a base token at the exchange. 

For this new initiative with ADA coin, Bitrue will add a total of six crypto assets to trade with ADA as a base currency. 

Courtesy ($CTSI), flux ($FLUX), Reserve Rights ($RSR), DigiByte ($DGB), Bancor ($BNT), Kyber Network ($KNC), and Loom Network ($LOOM) will be the main assets against ADA to trade in the exchange. 

Bitrue exchange is not a much popular crypto exchange but its services are popularly known to support almost every flagship and non-flagship asset in the crypto Industry. In April 2019, Bitrue listed the ADA coin. 

At the time of writing this article, the price of the ADA coin is $0.8 and this price is 11.6% lower than the 24 hours price. However this price is a big downfall but it is not all about the mistake of ADA’s potential, actual current situations in this world are not favorable in any of the markets whether it is crypto or stock because of the third world war situations, Ukraine vs Russia. 

Normally the price of ADA coins revolves around $1.2. At the current price rate, ADA is down by 50.5% over the last 90 days. 

At present, developers of the Cardano project are doing their best with the new development works to bring huge efficiency in the Cardano network to provide a better Ecosystem for the Defi protocol to facilitate trade at a very low cost.

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