Posted on

Cardano (ADA) Listed on The Cryptopia Exchange and Encourages Registration For Shelly Testnet

The markets are all in the red, but there is some good news for the Cardano (ADA) community. ADA was just listed by the Cryptopia Exchange that hails from New Zealand. Cardano (ADA) is now available for trading and will be paired against Bitcoin (BTC), Litecoin (LTC) and Dogecoin (DOGE).

The Cryptopia exchange made the announcement via twitter and had this to say:

We’re happy to announce the listing of Cardano $ADA! Welcome to the Cryptopia family @CardanoStiftung! See more info on our Help Centre Listings page

The aforementioned Cryptopia listing page echoes similar statements and goes on to add that deposits and trading are available immediately.

Dear Cryptopians

Cardano (ADA) is now available on Cryptopia for trading. The following trade pairs are currently available – ADA/BTCADA/LTC & ADA/DOGE. You can start depositing and trading ADA from today.

Also to note, and with respect to the Cardano project, is the ongoing registration for parties interested in running a stake pool in the Cardano Shelly testnet. Cardano is progressing from the current centralized development phase, to a decentralized one in the mentioned Shelley phase. The development team at IOHK will be constantly preparing and communicating what the Cardano community needs to do in terms of being part of the staking and delegation on the Testnet. Once registration is complete on the 31st of May, decentralized features will be tested starting from the third quarter of this year.

ADA is holding strong in the markets in the number 7 spot according to coinmarketcap.com. The coin is currently valued at $0.20 and down 15.30% in 24 hours. The current depreciation in value is a market wide phenomena with Bitcoin (BTC) also seeing red and below $8,000. The King of crypto is currently trading at $7,688 and down 6.86% in 24 hours and at the moment of writing this. Ethereum (ETH) is also down 13.23% and currently trading at $592.

Seasoned traders know that there are only three options when the markets behave this way: cash out, HODL or buy some more of your favorite coins and tokens.