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2.45%
A list of ADA coin issuance and listing trading platforms
ADA's widespread listing on reputable exchanges since 2017 has enhanced its liquidity, accessibility, awareness, and risk diversification.
Oct 02, 2024 at 08:12 pm
ADA Coin Issuance and Listing Trading Platforms
1. Issuance
- Date: September 29, 2017
- Initial Offering (ICO): $62 million raised
- Total Supply: 45 billion ADA
2. Trading Platforms
ADA is currently available for trading on numerous cryptocurrency exchanges. Here are some of the most popular:
- Binance
- Coinbase
- Kraken
- Huobi Global
- Gate.io
- FTX
- KuCoin
3. Exchange Listings Timeline
Exchange | Date Listed |
---|---|
Binance | October 20, 2017 |
Coinbase | October 11, 2018 |
Kraken | November 20, 2018 |
Huobi Global | December 11, 2018 |
Gate.io | December 13, 2018 |
FTX | December 17, 2018 |
KuCoin | December 18, 2018 |
4. Factors Influencing Exchange Listings
The following factors can influence which exchanges list ADA and when:
- Liquidity: Exchanges prioritize coins with high trading volume to ensure market depth.
- Compliance: Exchanges adhere to regulatory requirements and may need to verify ADA's compliance.
- Reputation: Exchanges consider the trustworthiness and stability of the ADA project and team.
- Fees: Exchanges charge fees for listing and trading ADA, which can impact their profitability.
5. Benefits of Listing on Multiple Exchanges
Listing ADA on multiple exchanges provides several benefits:
- Increased Liquidity: By spreading trading across multiple platforms, ADA gains deeper liquidity and reduces price volatility.
- Enhanced Accessibility: Users can choose the exchange that best meets their needs and preferences.
- Increased Awareness: Listings on multiple exchanges increase visibility and awareness of ADA.
- Diversification: It reduces the risk of relying on a single exchange, which could face downtime or other issues.
Conclusion
ADA has been listed on numerous reputable cryptocurrency exchanges since its issuance in 2017. This wide availability has contributed to its liquidity, accessibility, and overall success within the cryptocurrency market.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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