Charles Hoskinson’s Cardano (ADA) project is one of the most recognizable names in the entire cryptocurrency industry and market. At one point in time, It had even managed to enter the top three cryptocurrencies worldwide in terms of market capitalization, right behind Ethereum (ETH) and Bitcoin (BTC). Most recently, Cardano initiated the launch of its highly anticipated DEX and decentralized trading protocol known as SundaeSwap, however, there have been numerous reports of congestion-based issues since then.
Nevertheless, this has not stopped some of the top exchanges in the world from listing SundaeSwaps’s native token, SUNDAE. Bitrue, one of the world’s leading cryptocurrency exchanges, has now also decided to list SUNDAE and the listing shall occur on February 14th, 2022, via the SUNDAE/USDT pair.
Why Bitrue?
Cardano has developed a long and successful relationship with Bitrue ever since the exchange was founded in 2018. Although the exchange itself is not that old compared to some of the other choices out there like Coinbase, this did not stop Cardano from selecting it for various projects such as the debut of OccamFi which took place in June of last year. They were additionally the very first exchange to successfully cater to the community stake pools (which witnessed contributions of a whopping 2,000,000 ADA) that were operated by reliable community members.
The Chief Marketing Officer of Bitrue, Adam O’Neil, believes that Cardano will be one of the top chains in this industry and that the exchange is more than happy to promote it. Bitrue’s support for Cardano is also largely predicated on the project’s ability to satisfactorily handle impressive speeds as well as throughput regarding various new tokens.
Additional details
As previously mentioned, February 14th (PST) is the official date upon which Bitrue’s customers will be able to buy, trade and sell SUNDAE through the exchange’s respective platform, with the stablecoin USDT being used for the pair.
Furthermore, some of the other features and services that Bitrue offers are trading functionalities related to yield farming, loans, futures, Power Piggy and BTR Lockups. Farming and future-oriented trading in particular are very popular right now. Bitrue’s ultimate goal is to be the best platform for borrowing, buying and investing in all kinds of cryptocurrencies as well as helping out people across the globe in terms of financial stability and independence regardless of location.
Disclaimer: This is a paid post and should not be treated as news/advice.
