Cardano (ADA) Set To Begin Trading On Bitstamp On Wednesday

Cardano (ADA) is set to debut on top cryptocurrency exchange Bitstamp. The altcoin has not had a good run of it lately but things seem to be looking up for the project. After smart contract capability had been deployed on the network, expectations had swelled for the possible growth of the digital asset. Now, while the technology has lived up to expectations, ADA has not. The token had suffered greatly in the market after hitting a new all-time high. It has proved resistant to strides being made in its underlying technology and has not seen much in the way of positive movement since then. This new listing may be able to give the digital asset a much-needed push towards a recovery trend. Related Reading | eToro Announces Cardano (ADA) And Tron (TRX) Delisting, Points To Regulatory Concerns Cardano Lists On Bitstamp Top cryptocurrency exchange Bitstamp announced that it is listing Cardano on its exchange. The listing took place in four parts. First was the transfer-only mode. This mode was released on Tuesday and would allow users to deposit and withdraw ADA using their Bitstamp wallets but will still be unable to trade the digital asset. Wednesday marks the complete listing of the token on the exchange. However, this will be split into three parts that will go into effect at different times of the day. ADA drops to $1.6 | Source: ADAUSD on TradingView.com The second phase of the listing is the post-only mode. In this ...