SundaeSwap’s native token, SUNDAE, will launch on crypto exchange Bitrue. The SundaeSwap decentralized trading protocol launched to much fanfare from the community, with the price of ADA rising 50% in its wake. Since then, it has grown in popularity and is the leading decentralized exchange (DEX) on the Cardano blockchain.
Bitrue, which has been a strong supporter of Cardano projects, announced that SUNDAE will be added to the list of tradable assets on the platform. Bitrue was the first crypto exchange to support trading of OccamFi, a native asset on the Cardano network. It is also the only crypto exchange with support for community stake pools of over 2 million ADA in contributions. All ADAs are delegated to groups managed by members of the platform’s trusted community.
Bitrue will introduce a SUNDAE/USDT pair that will be open for trading to all users of the platform. Trading on SUNDAE will start on February 14, 2022 (PST).
The addition of SUNDAE to Bitrue’s asset pool provides a unique opportunity for members of the Cardano community to take advantage of the opportunities Bitrue offers, while also showing their support for the most important DEX on the network.
Adam O’Neill, Chief Marketing Officer at Bitrue, expressed his support for the blockchain, saying, “We look forward to supporting Cardano well into 2022 as one of the leading chains in the industry as we are seeing a host of promising new coins that take advantage of the impressive speeds and performance that Cardano is capable of supporting.”
“SUNDAE in particular is a currency that we are excited to support. It is the first project to use Cardano’s new smart contract functionality and is ideologically a leader in providing fair financial services through decentralized networks to users around the world,” added O’Neill.
Launched in July 2018, Bitrue is a diversified cryptocurrency exchange with support for trading, lending, and investing. Bitrue aims to use blockchain technology to bring financial opportunity to everyone, regardless of location or financial standing. They have offices around the world and continue to develop new features at a rapid rate to fully service the new wave of the digital economy.
This post SundaeSwap Token SUNDAE Debuts on Bitrue Crypto Exchange
was published first on https://www.newsbtc.com/news/company/sundaeswap-token-sundae-debuts-on-bitrue-crypto-exchange/