Earlier today, Coinbase pro announced that they are listing ADA into their wallet. It will support four pairs including USD, BTC, EUR, and GBP. Trading will begin on or after 9 AM Pacific Time Thursday, March 18 if liquidity conditions meet. After Coinbase listing Cardano price jumps 20% and reaching an intraday high of $1.28.
Recently, Bloomberg terminals added ADA. Now it has become the third-largest cryptocurrency by market capitalization. Cardano is a blockchain platform built on a proof-of-stake consensus protocol. It validates transactions without high energy costs.
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Right now, Coinbase pro will only support withdrawals to addresses on the Cardano network’s Shelley addresses. Full support for the addresses using Byron & Shelley will start shortly -Coinbase.