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Coinbase is listing Cardano (ADA) - Finally! Congrats to all ADA holders

By Bitcoin follow Bitcoin   2021 Mar 16, 11:30am 383 views   7 comments         share      


On the most advanced cryptocurrencies (Cardano) and its token ADA has been listed on Coinbase Pro!
https://blog.coinbase.com/cardano-ada-is-launching-on-coinbase-pro-694b1cb8c778

Congratulations to myself and all ADA holders!

Starting Today Tuesday March 16, transfer ADA into your Coinbase Pro account ahead of trading. Support* for ADA will be available in all Coinbase’s supported jurisdictions. Trading will begin on or after 9AM Pacific Time (PT) Thursday March 18, if liquidity conditions are met.
1   Bitcoin   2021 Mar 16, 11:47am  

I am stoked....I hold a significant amount of ADA coins! Cardano is now listed on all major US exchanges:

Binance.US
CoinbasePro
Kraken

Cardano will be huge soon.
https://cryptonews.com/news/hoskinson-100-companies-ready-to-leave-ethereum-for-cardano-9536.htm
Hoskinson: 100+ Companies Ready to Leave Ethereum for Cardano
"Cardano (ADA) supremo Charles Hoskinson claims that his project is poised to steal some of Ethereum (ETH)’s thunder – with claims that “more than 100 companies” are “in the pipeline,” and will shift to Cardano when the latter’s functionality “matures.”
2   Bitcoin   2021 Mar 16, 12:01pm  

there she is! Ada on CoinbasePro! Beautiful!

3   Bitcoin   2021 Mar 17, 1:46pm  

ADA is up over 21% this week on the Coinbase PRO news. On the 18th, trading will be enabled and I hope we get a storm of buyers to jump on ADA. Hopefully, ADA will be enabled for purchases on the mobile apps and on the regular Coinbase site soon! Exciting times for ADA investors!
4   Bitcoin   2021 Mar 19, 2:02pm  

Cardano is now available on Coinbase too (not just Coinbase Pro)!
Finally!!!!!!!!!!!
5   Bitcoin   2021 Mar 31, 2:54pm  

Cardano is now fully decentralized as of today!

6   Bitcoin   2021 Jul 16, 12:40pm  

Cardano successfully deployed Smart Contract capabilities on their testnet.....

https://dailytokenomics.com/cardano-enters-alonzo-white/?fbclid=IwAR0LbG2mug2K1u0GymsiieKJGOrhlinQ-_p1Jg_hoWqtR1AYmp4-O8IM4I8

"Cardano Officially Enters Alonzo White Stage of Smart Contract"
"With Goguen mainnet going live, Cardano will establish themselves in the Decentralized Finance space and compete against the likes of Binance Smart Chain (BSC), Ethereum (ETH) and Solana (SOL)."

Cardano has the potential to take significant market share from Ethereum.

The price per ADA is around $1.2 today.
7   DooDahMan   2022 May 11, 6:18pm  

Coinbase Works to Calm User’s Bankruptcy Fears as Its Stock Price Plummets - If the crypto-exchange platform goes bankrupt, users with funds tied up with the company will no longer have access to them.

Some investors in Coinbase are rightfully spooked by language discovered in a 10-Q form the company filed with the U.S. Securities and Exchange Commission. Page 83 of the 135 page filing says: “Moreover, because custodially held crypto assets may be considered to be the property of a bankruptcy estate, in the event of a bankruptcy, the crypto assets we hold in custody on behalf of our customers could be subject to bankruptcy proceedings and such customers could be treated as our general unsecured creditors.”

An unsecured creditor is one who lends money without obtaining collateral of similar value—a common example of an unsecured creditor is a credit card company. In the case of Coinbase, the users would be the unsecured creditors. Fortune is reporting that if Coinbase goes bankrupt, then users with funds tied up with the company will no longer have access to them, which fundamentally undermines the entire point of cryptocurrency.

The most damning metric is Coinbase’s reported $430 million loss in Q1 2022. The report also shows a 19% drop in monthly users. “We believe these market conditions are not permanent and we remain focused on the long-term,” the letter reads. “We approach the opportunities ahead with confidence and steady hands.” Coinbase trading volume has also been at its lowest in a year, at $309 billion, and company shares also fell 79% this year as of the time of writing this article.

https://gizmodo.com/coinbase-bankruptcy-crypto-exchange-volatile-market-1848911005?source=patrick.net

https://nypost.com/2022/05/11/coinbase-warns-customers-they-may-lose-crypto-if-company-goes-bankrupt/?source=patrick.net

https://www.msn.com/en-us/money/markets/coinbase-loses-half-its-value-in-a-week-as-crypto-slumps/ar-AAXanlN?ocid=uxbndlbing&source=patrick.net

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