Yesterday, March 16, Coinbase Pro announced the listing of cryptocurrency Cardano (ADA). Once the liquidity conditions are met, users of the platform will be able to trade the asset on March 18, at or after 9 a.m. (PT), reports Crypto Ninjas. Users can already make inbound transfers of the token, but they cannot place orders. After reaching the needed supply, the source says, trading pairs ADA/BTC, ADA/USD, ADA/EUR, and ADA/GBP will become available.
The announcement of a listing on one of the largest cryptocurrency exchanges can have an impact on the price of the asset. For instance, when Coinbase Pro announced a listing of MATIC last week, the coin gained 35% following the news.
Cardano (ADA) has also posted gains this week. The token has seen an increase in price by about 6.5% over the past 7 days. Moreover, it increased by about 20% over the past 24 hours, as per CoinMarketCap.com data. ADA is currently the third-largest cryptocurrency on CoinMarketCap.com and is trading at around $1.24 at the time of writing.
In other news related to Cardano, a digital healthcare platform Ask the Doctor is planning to switch their Ethereum ERC-20 token AskToken to the Cardano network. AskToken is a utility token on the healthcare platform, which users can earn and pay for healthcare services with.