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Cardano (ADA) Listed on OKEx

 Cardano has recently announced that it’s ADA crypto asset has been listed on cryptocurrency exchange platform OKEx.

Started in 2014 by the CEO of OKCoin, Star Xu, OKEx is one of the largest digital asset exchange platforms in the world and provides hundreds of token and futures trading pairs. Earlier this year OKEx announced its plans to expand into Malta.

Cardano is a blockchain created by Input Output Hong Kong (IOHK), a firm headed up by co-founder of Ethereum Charles Hoskinson. It’s a relatively complex proof-of-stake (PoS) blockchain system that supports smart contracts, Dapps, side chains and multi-party computation.

Unlike traditional mining, Cardano uses a PoS algorithm called Ouroboros which generates consensus by vote based on investment. The Cardano blockchain has come leaps and bounds this year, being listed on a number of big exchanges and launching its KEVM testnet back in May.

Last month the popular trading and investment platform eToro announced it will be listing Cardano’s ADA cryptocurrency on its platform, making it available to over 10 million of its users.

The schedule to go live is as follows:

ADA deposits at 16:00 today (UTC +8)

ADA spot trading at 16:00 Jul 23 (UTC +8) (USDT, OKB, BTC, ETH Market)

ADA withdrawals at 18:00 Jul 24 (UTC +8)

Image From Shutterstock

By Mark Hartley

Mark Hartley is an IT specialist, freelance writer, world traveller and crypto enthusiast. He has worked on the trading floors of the world's biggest interdealer broker in London and helped integrate crypto services into IT trading systems. When he's not searching for the world's most beautiful beach, he's nose deep in any news crypto and blockchain-related. *Any information provided here is for educational purposes only and should not be considered financial advice