Binance adds Cardano to his platform and the price of the cryptocurrency goes up

Binance, the world's largest cryptocurrency exchange platform, announced Monday that it will add pairs of ADA / BNB and ADA / UST transactions with Cardano, Binance Coin (BNB) and Tether (USDT), the token equivalent to one dollar. According to the comments of the users, the new listings will give more space to trade with altcoins.

The expected increase in the price of Cardano occurred shortly after the announcement, and is currently in the 7th position in the cryptographic market, with a commercial value of USD $ 0,279 and has a market capitalization of USD $ 7.2 billion, according to Coinmarketcap. The Cardano price development (ADA) has been very good since Monday.

Cardano, which is already available in Binance, has been exchanged with Bitcoin or Ether. It is possible that ADA will soon be ranked sixth in the ranking, if the situation continues to go well.

As reported earlier, Huobi, the second largest crypto exchange in the world and the largest in China, also recently added to Cardano on its platform, another significant boost for altcoin.