Bithumb Lists Cardano (ADA) and Status Token (SNT)
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Bithumb Lists Cardano (ADA) and Status Token (SNT)

Bithumb, the South Korean Exchange announced on June 14 that it  will add reinforcement for the Cardano Token [ADA] and Status Network [SNT]

Not long ago, NEM and Aeternity cryptocurrencies were added by Bithumb in its list of tokens.

Cardano (ADA), is increasing by around 10 percent in today’s trading session. The statement on the listing of ADA on Bithumb drove financial specialists to purchase the currency. Exchanging volumes additionally show up better than expected.

Whereas Status Network (SNT), which is currently on the 50th position among the currencies with maximum capital according to the data on coinmarketcap. Just like Cardano [ADA], Status Token [STN] is also benefiting from this listing on Bithumb. So far Status Network shows an increase of 9 percent

After a bearish time, the market now appears to be bouncing back throughout the cryptocurrency sector. In the recent days, the cryptocurrency market endured significant losses. At present, Bitcoin [BTC] is being traded at 6500 USD whereas Ethereum [ETH], Ripple [XRP] and EOS [EOS] have gained between 2 to 5 percent in a day

Bithumb to run a 1 percent payback event

This event is important for both the crypto and the exchange and keeping this very thing in mind, Bithumb will be running a 1 percent payback occasion users deposit and then trade the new additions on the exchange. The 1% payback event will be applied to all stores that will take place starting today until Saturday, June 16, at midnight at Korea time.

The time frame for exchanging will end on June 20 whereas the giveaway date is scheduled for July 6. It will be applicable for both the trading totals and deposits.

Cardano is a decentralised public blockchain and cryptocurrency project and is fully open source. Cardano is developing a smart contract platform which seeks to deliver more advanced features than any protocol previously developed. It is the first blockchain platform to evolve out of a scientific philosophy and a research-first driven approach. The development team consists of a large global collective of expert engineers and researchers.

At present, Cardano [ADA] is on the 8th rank with a marketcap  of 4.3 billion USD and Status Network [SNT] is on the 50th rank with a total market cap of 271 billion USD
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Madhuri Arora
A passionate writer and an avid reader. I love watching action and superhero movies. Love food, music, travel and games.