Prominent crypto exchange Bitrue praised Cardano on its seventh anniversary, celebrating its long-standing relationship.
The Singapore-based exchange recently clocked seven years and took to X to celebrate the new milestone. Curis Wang founded Bitrue in 2018, and it has since established itself as one of the leading crypto trading platforms.
Bitrue Highlights Partnership with Cardano
While Bitrue mentioned that it could not list all its over 250 partners who have helped shape its journey, the exchange, however, made an exception for Cardano. In a tweet today, Bitrue noted it would love to celebrate its anniversary with its long-standing partner, Cardano.
The platform highlighted that it has been working with Cardano since 2018. The ADA ecosystem was one of its earliest partners, and the collaboration has grown stronger, as evidenced by the milestones Bitrue identified in its September 22 post.
For context, Bitrue shared that ADA was one of the first tradable coins listed on Bitrue. It doubled down on the collaboration when it became the first exchange to list Cardano native tokens (CNTs) in July 2021.
Notably, Bitrue kick-started the CNT support with OccamFi’s OCC coin, a token that can be issued as both a CNT and an ERC-20 token. Since then, the exchange has gone on to list other tokens, including Cardano’s stablecoin DJED and SNEK, the largest token in the ecosystem by market capitalization.
Meanwhile, Bitrue added Cardano as a base currency in February 2022, further establishing its support for the network. It started with using ADA as a base pair for 10 tokens and has since introduced other pairs to provide users with flexibility.
Bitrue’s Rich History of Supporting Cardano
The collaboration between Bitrue and Cardano also extends to innovation funding and active participation. For instance, the Singapore-based trading platform staked 1 million ADA on top Cardano staking pools in July 2022 to boost the network’s decentralization.
It also confirmed contributing open-source codes to facilitate ADA’s adoption, helping grassroots innovations to boost the Cardano ecosystem, and participating in several Cardano Summits. Further, The Crypto Basic revealed that Bitrue also invested an undisclosed amount in building the decentralized exchange WingRiders in March 2022.
Remarkably, Bitrue’s legacy extends beyond Cardano. The platform provides users with access to over 700 cryptocurrencies and various services, including spot, futures, staking, and OTC trading.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
