Cardano (ADA) and many other cryptocurrencies can now be traded with Bitcoin on MEXC Global.
Cryptocurrency exchange MEXC Global allows its customers to trade Cardano (ADA), EOS, TRON (TRX) and other popular cryptocurrencies on Bitcoin. Tuesday announcement.
Seychelles-headquartered cryptocurrency trading platform Launched in 2018. According to data provided by CoinMarketCap, it generated $1.4 billion worth of trades in the last 24 hours. MEXC Global offers spot and derivatives trading as well as leveraged ETFs and equities services.
Last June, the exchange went through a rebranding process to highlight its global expansion after receiving approval to list in several jurisdictions, including Canada, Switzerland and Australia. In late March, the trading platform announced $150 million in development funding for a blockchain-powered machine learning platform called Fetch.ia.
As reported by U.Today, MEXC Global added administrative token support for Bone ShibaSwap (BONE) decentralized exchange (DEX) in January.
In May, MEXC Global enabled users to trade Shiba Inu and Dogecoin with the Circle USDC stablecoin. That same month, USDC trading pairs for Cardano, Avalanche (AVAX), Shiba Inu (SHIB) and several other cryptocurrencies were listed on OKX.
Earlier this year, cryptocurrency exchange Bitrue added pairs based on Cardano.
As reported by U.Today, ADA recently overtook XRP after a strong rally last week. The cryptocurrency has been buoyed by rumors surrounding Vasyl’s hard fork, which is expected to significantly improve the efficiency of the leading proof-of-stake blockchain. That said, an exact start date has yet to be announced.