Kraken Lists Cardano (ADA) and Qtum (QTUM)


San Francisco-based crypto exchange Kraken will list both Cardano (ADA), a leading blockchain platform for building decentralized applications, and Quantum (QTUM), a platform for implementing plug-and-play smart contract bridging functionality from both Bitcoin and Ethereum, today.

According to the announcement, Kraken will launch the new assets for trading today at 1:00 pm UTC. The initial trading pairs for both will be USD, EUR, CAD, XBT and ETH. Kraken notes that margin trading will not be available at launch for ADA or QTUM, but says that it very well could be implemented in the future.

Both altcoins have gained significant listing momentum in recent weeks.

ADA was recently listed on Abra, an all-in-one mobile cryptocurrency wallet and trading platform, in addition to gaining a direct USD trading pair on Bittrex, the thirty-sixth largest crypto exchange by trading volume.

As for QTUM, it landed a prominent listing on Circle Invest, the retail cryptocurrency trading platform of Goldman Sachs-backed Circle.

ADA and QTUM are currently ranked 8th and 27th, respectively, in the AltDex 100 Index (ALT100), a benchmark index for large-cap cryptocurrencies and tokens.

More:¬†Kraken to list two new assets ‚Äď Cardano (ADA) and Quantum (QTUM)
Similar: Binance Will List PAX/BNB Stablecoin Trading Pair as an Alternative to Tether
Photo: Marco Verch / Flickr

Disclaimer: This article’s author has cryptocurrency holdings that can be tracked here. This article is for informational purposes only and should not be taken as investment advice. Always conduct your own due diligence before making investments.

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