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Bitrue has declared to include SUNDAE (the native token of SundaeSwap) to the list thereof for traceable assets. The trading venue, along with permitting the consumers to capitalize on their crypto funds via high APY gains over staked assets, recently took another step to broaden the digital assets being utilized by its consumers. It is included in the agenda of Bitrue to turn into a one-stop shop for investment purposes.

SundaeSwap counts to be a decentralized trading platform that runs over the Cardano network (the venue that has secured a prominent place in the DeFi sector). The popularity thereof has spiked remarkably in a short lifetime. The local token of Cardano, ADA, had gained a 50% increase just due to the expectation of the SundaeSwap’s launch. On 14th February, SUNDAE will be enlisted by Bitrue as a valentine’s day present to the customers thereof. A trading pair of SUNDAE/USDT will additionally be introduced by Bitrue on that very day.

 Bitrue supports decentralization of Cardano

One of the most stunning features of the network of Cardano is known as decentralization. In this respect, Bitrue helps the respective decentralization through supporting protocols made on the blockchain. The crypto exchange has the status of being a keen supporter of the ecosystem of Cardano. OccamFi (a local asset utilizing the network of Cardano) was first listed by it. Bitrue’s Chief Marketing Officer, Adam O’Neill, discussed the support of the crypto exchange for the network Cardano.

He added that the platform’s attention is focused on increasing the respective support during the current year and including it in the series of prominent chains across the asset class industry. He elucidated that one factor in this possibility is that many unique and promising tokens are currently taking benefit out of the extraordinary speeds as well as the throughput that the network of Cardano is compatible with.

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A growing thrill

SUNDAE’s listing is seen as another move towards the provision of a broad variety of digital assets for the consumers of Bitrue and O’Neill voiced utter enthusiasms for it. In his words, SUNDAE’s launch has specifically raised excitement across the platform. The respective project is the first of its kind to use the latest smart contract operability of Cardano. On ideological grounds, it leads in offering unbiased financial services to its customers across the globe via decentralized networks.

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Nathan Ferguson

By Nathan Ferguson

Nathan Ferguson is a talented crypto analyst and writer at Herald Sheets, dedicated to delivering comprehensive news and insights on the ever-evolving digital currency landscape. With a strong background in finance and technology, Nathan's expertise shines through in his well-researched articles and thought-provoking analysis. He holds a degree in Economics from the University of Chicago, and his passion for cryptocurrency drives him to stay up-to-date with the latest industry trends and developments.