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Cardano Trading to Launch on Bitstamp Crypto Exchange

Cardano(ADA) Cryptocurrency is all set to be launched on Bitstamp Crypto Exchange. Bitstamp is said to be one of the World’s Longest running crypto exchanges. And Europe’s Largest Cryptocurrency Exchange by the volume of trading.

The announcement came out on Thursday that Bitstamp was preparing the addition of Cardano to their Exchange. In addition, another exciting news for the Cardano Holders came out recently. The new version of 4.5.0 of Cardano (ADA) Wallet Daedalus has been released.

More on Bitstamp listing Cardano

“Cardano is a blockchain platform which offers many tools and tech to the innovators to aid them. This open-source project aims higher in order to create a society that will be more secure, fair and transparent.” Cardano

According to Bitstamp’s blog, Cardano aims to be a decentralized application development platform that will provide a multi-asset ledger. Furthermore, it is one of the first blockchain platforms to be built on peer-reviewed researches.

The blog also revealed the listing schedule:

  1. Nov 23: Withdrawals and deposits will be opened but trading is not yet enabled.
  2. Nov 24 (11:00 AM UTC): Users will be able to place and cancel limit orders. But they won’t be matched.
  3. Nov 24 (03:00 PM UTC): Order matching will be enabled and trading will start smoothly.

Once the order books gather sufficient liquidity, then Bitstamp will start enabling all other types of orders. In addition, card purchases for the latest trading pairs will also be enabled.

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