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In a press-release shared with U.Today, the Cardano Foundation announced that its native cryptocurrency ADA is finally to be listed on the major global Bitfinex exchange.
The team also spread the word about it on their Twitter page.
ADA/USD trading to kick off later today
The press-release says that trading ADA-based pairs will start later today, on August 6. It will be three spot trading pairs so far – ADA/BTC, ADA/USD and ADA/USDT.
By opening access to ADA via USD, Bitfinex promises to become one of the easies platforms to buy ADA without having to get to it via purchasing any other crypto.
The Bitfinex CTO Paolo Ardoino has called the listing of ADA a major natural step for the company since they have always wanted to offer ADA to their customers.
Cardano rolls out Shelley hard fork
About a week ago, on July 31, Cardano finally rolled out the long-expected Shelley code upgrade. This hard fork opens the way for adoption of smart contracts, dapps and full decentralization in the future.
Cardano founder Charles Hoskinson stated that after Shelley ADA will be the best cryptocurrency out there, since it will finally be able to offer users what Bitcoin promised initially but never delivered on those promises.
Weiss Ratings on Cardano’s Shelley
As reported by U.Today earlier on Thursday, the Weiss Crypto Ratings agency also commented on this event.
Its analyst stated that the roll-out of Shelley has not changed the high rating given to Cardano by the agency. However, if Cardano gets a bigger usage and gets its fundamentals improved thanks to Shelley, then the platform’s rating is likely to be updated.