Share this article
Cardano's ADA Is Now Tradable on Coinbase
ADA is currently the third-largest cryptocurrency, with a market capitalization of $41.9 billion.
By Zack Seward
Updated May 9, 2023, 3:17 a.m. Published Mar 19, 2021, 6:36 p.m. 1 min read
Days after being listed on Coinbase Pro, Cardano's ADA token is available to Coinbase retail traders for the first time.
The San Francisco-based crypto exchange announced the listing Friday:
ADA is now live on https://t.co/bCG11KMQ6s and in the Coinbase iOS and Android apps. Coinbase customers can log in now to buy, sell, convert, send, receive, or store ADA.
— Coinbase (@coinbase) March 19, 2021
ADA is currently the third-largest cryptocurrency, with a market capitalization of $41.9 billion, according to CoinGecko.
Fans of the ADA token have long clamored for a Coinbase listing. The coin is up roughly 3% in the past hour, trading hands at $1.30.
"This marks another significant milestone in the development of Cardano, allowing Coinbase’s extensive user base to access ADA for the first time," Cardano founder Charles Hoskinson, CEO of IOHK, said in a statement.
Update (March 20, 21:48 UTC): Adds comment from Cardano's Charles Hoskinson.
More For You
FalconX has hired Cantor and other bankers to advise on a potential IPO and confidentially filed draft paperwork with the SEC, though the listing is not expected until later this year amid volatile market conditions.
What to know:
- FalconX has confidentially filed a draft S-1 with the SEC and hired Cantor to advise on a potential IPO, according to a source.
- The crypto prime broker, last valued at $8 billion in 2022, serves institutional clients including hedge funds, asset managers and market makers.
- Cooling investor sentiment, weaker trading...
Top Stories
