Monday, April 12, 2021

Cardano (ADA) Finally Listed on CEX.IO Crypto Exchange

Cardano (ADA), the 12th largest cryptocurrency by market capitalization clinched a fresh means for liquidity and expansion after CEX.IO, a leading cryptocurrency exchange finally announced its listing.

CEX.IO crypto exchange made this known via its official website and shared on its Twitter handle a couple of hours ago. Prior to this official announcement, users of the exchange had longed and requested for the listing of Cardano (ADA).

Going by the information, holders of ADA that have accounts with CEX.IO exchange are now enabled to deposit the digital token. ADA, the native token of the decentralized blockchain, Cardano can also be bought using Visa or Mastercard.

According to the exchange, ADA will be traded against USD, making it the first trading pair for Cardano on the cryptocurrency exchange, CEX.IO. The exchange promised to add more trading pairs for Cardano (ADA) in the nearest future.

CEX.IO added that the withdrawals of ADA will be enabled for users on 13th December 2019.

Cardano on the Rocks Stake Pool Node

Innovations are on the increase in the Cardano community, has brought about recent developments. Markus Guler, a member of the Cardano community devised a means to build a stake pool node he named Cardano on the Rocks.

According to the inventor, the device is built to offer energy-efficient stake pools that support the rollout of the Shelly Incentivized Testnet.

Markus Guler Describes the Device

The following are the words of Markus Guler in a video where he described the staking pool device called Cardano on the Rocks.

Read his statement below:

“What we are seeing here are the first three prototypes and nodes of the Cardano on the Rocks running on the Linux system, operating system, Jormungandr and above all, on the Cardano network.

“We created project files that everyone can 3D print. In terms of energy costs, these devices are very energy-efficient. And so the cost per year is less than $30.

“At the moment, we see three devices connected with just around a little bit less than 12 watts. So, one node consumes four watts. And this allows you to run these nodes 24 hours a day. This allows the whole device to run with passive cooling only.

“So it’s a passive cooling on the bottom. And no moving parts. For the device itself, there is an ARM-based CPU (a six core CPU, four gigabytes of RAM), and it allows not only the little SD cards that are a little bit unstable when they run over a long time, but we can also use the so-called eMMC cards or even NVME modules for the storage of the blockchain and the operating system itself.

The device itself can be ordered on different online stores in China, Europe and America. It requires a little bit of experience to assemble the device, but the published guidelines with the step by step descriptions should help. And that everyone who wants can create his own little Cardano on the Rocks stake pool node.”

Solomon Odunayo
Solomon has a growing passion for writing, this propelled him to keenly work on Eagles News Media for about two years before delving into the cryptocurrency and Blockchain industry he finds more interesting. He worked as a crypto Journalist and Editor at NewsLogical before joining Herald Sheets, owing to the priceless experience he has accumulated since he became a contributor in the crypto community.

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