Cardano (ADA) & Polkadot (DOT) Listed on Coinmetro Exchange
Two of the most successful crypto assets are making their long-anticipated debut on our platform
Up next with our “15 Weeks of Summer” campaign are two coins that need little introduction. For beginners and experienced traders alike, ADA and DOT are well-known names that have been shaping the blockchain and crypto space for the better. Since their initial launch, both assets have been hovering near the top of the list in terms of market capitalization, bringing much value to investors and traders who included them in their portfolios.
Both EUR and USD pairs are now available on our exchange! For those who are not yet familiar with ADA and DOT, let us give you an introduction to these top, acclaimed assets.
Week #2 of 15 Weeks of Summer – Introducing ADA & DOT
Cardano is a Proof of Stake (PoS) blockchain platform, with ADA being its native crypto coin. Charles Hoskinson, the co-founder of Ethereum, started to build Cardano in 2015 and launched it in 2017. It was designed to be a more efficient alternative to the Proof of Work (PoW) solutions that were existing at the time.
It runs on the Ouroboros consensus protocol, which aims to scale efficiently without compromising security and is furthermore peer-reviewed and informed by academic research. Its main applications are identity management and traceability. It is positioned as an alternative to Ethereum.
Every ADA holder has a part in the Cardano network and ADA stored in a wallet can be delegated to a stake pool to earn rewards. The Cardano Foundation, based in Switzerland, oversees and supervises the development of Cardano and its ecosystem.
Just like most projects in the cryptoverse, Cardano aims to drive the change in the decentralization of our digital world. One particular feature of this esteemed blockchain is its double-layered architecture enabling great flexibility for its smart contracts.
Just like Cardano, Polkadot has also been co-founded by an Ethereum co-founder: Gavin Wood. It aims to provide interconnectivity and interoperability between blockchains by facilitating a platform where independent blockchains can exchange messages and transactions in a secure way. That’s why it has been called “The Internet of Blockchain”.
The Swiss organization Web3 Foundation is in charge of the progress of Polkadot, fostering the development of services and applications being built and run on the network.
Polkadot allows data to be transferred across blockchains, serving as a multi-chain application environment. It can facilitate the transfer of data from a private to a public chain. This gives Polkadot great opportunities for upwards scalability.
Polkadot’s main chain, called a relay-chain, is built with its robust Substrate framework. Furthermore, it makes use of parachains, which allows the processing of transactions in parallel, allowing multiple transactions to be processed at the same time.
15 Weeks of Summer – Endless Opportunities All Year-Long
From this point through September, we will continually list new tokens and projects alongside new features to further strengthen our portfolio so we can offer you a complete crypto ecosystem to better answer all your trading and investment needs.
As a quick teaser, let us share some insight with you: really special projects that are instrumental to the metaverse / Web3 space and eSports industry, as well as coins related to payments technology and even decentralized social media platforms will be hitting the Coinmetro exchange in the next coming weeks!
However, we won’t stop here! We have already scheduled new staking opportunities and more monthly XCM Utility updates to further diversify your portfolio. Summer plans have never looked so good! Stay close so you can find out about all additions and take advantage as they become available.
Join the ever-growing Coinmetro community on Discord and Telegram to stay up to date with the latest crypto developments, learn and exchange ideas with like-minded people. To begin your trading and investing journey today, take action now and sign up to our platform in just a few steps.