Coinbase launches Cardano (ADA) trading on retail app
Cardano (ADA) trading is now available on Coinbase.com as well the exchange's Android and iOS apps.
Track crypto price watch updates, sharp market moves, key levels, and fast reactions to breaking developments across digital assets.
According to Alameda's Sam Trabucco, the trading desk only agreed to an OTC trade with Reef, refuting any partnership.
Big news for the Cardano community, as Coinbase Pro is set to support ADA on its platform. Trading will begin on Thursday 18, at 9:00 AM Pacific time.
The Bloomberg Terminal has added Cardano (ADA) to its list of supported assets, exposing it to hundreds of thousands of institutional investors.
Alameda Research plays down its relationship with Reef Finance, even going as far as advising against doing business with the firm.
The leading cryptocurrency fell in price after the Indian government new proposed legislation for banning Bitcoin.
The asset suffered one of its worst price falls last year but has since recovered to set a new all-time high.