SundaeSwap’s native token SUNDAE is set to go live on the Bitrue crypto exchange. Decentralized trading protocol SundaeSwap had been launched to much fanfare from the community, seeing the price of ADA rally 50% in its wake. It has since grown in popularity and is the leading decentralized exchange (DEX) on the Cardano blockchain.
Bitrue which has been a strong supporter of Cardano projects announced that SUNDAE will be added to the list of tradeable assets on the platform. Bitrue was the first crypto exchange to support trading for OccamFi, a native asset on the Cardano network. It is also the only crypto exchange with support for community stake pools of over 2 million ADA in contributes. All of the ADA are delegated to pools run by trusted community members of the platform.
Bitrue will introduce a SUNDAE/USDT pair that will be open to trading for all platform users. Trading on SUNDAE will begin on February 14th, 2022 (PST).
The addition of SUNDAE to Bitrue’s suite of assets provides a unique opportunity for Cardano community members to take advantage of the opportunities offered by Bitrue, while simultaneously showing support for the foremost DEX on the network.
Adam O’Neill, Chief Marketing Officer of Bitrue, expressed support for the blockchain, saying, “We are looking forward to supporting Cardano through 2022 as one of the industry’s leading chains, as we are seeing a huge number of promising new coins leveraging the impressive speeds and throughput that Cardano is able to support.”
“SUNDAE in particular is a coin that we are excited to throw our weight behind. It is the first project to utilize the new smart contract functionality of Cardano and ideologically it is a leader in providing fair financial services through decentralized networks to users worldwide,” O’Neill added.
Launched in July 2018, Bitrue is a diversified cryptocurrency exchange with support for trading, loans, and investments. Bitrue aims to utilize blockchain technology to bring financial opportunities to everybody regardless of their location or financial position. They have offices worldwide and continue to develop new features at a rapid speed to fully service the new wave of the digital economy.