For Cardano, a rival to Ethereum (ETH), retail trading giant Robinhood is working on facilitating external transfers (ADA).
“While you can’t now move ADA in or out, we’re aiming to include it to our Robinhood Crypto platform for all assets. In case you have any other inquiries, we are available.
The company is once more paying attention to a Twitter request from a client to be allowed to transfer Cardano after citing consumer demand as the reason for listing the ADA earlier this month.
In July, Robinhood introduced its first cryptocurrency transfers into and out of its platform. The multinational trade company has had a challenging year, laying off 23% of its personnel in August and 9% of its workforce in April.
The Vasil hard fork, according to IOHK, is the “biggest significant” Cardano upgrade to date since it will significantly boost the blockchain’s network capacity and cut transaction fees. The company adds that Vasil will improve Cardano’s smart contract technology, Plutus.
A scalable decentralised blockchain is Cardano. On September 22nd, the Ethereum rival will unleash its eagerly awaited Vasil hard fork upgrade, according to Cardano creator Input Output Hong Kong (IOHK).
At the time of writing, ADA was trading for $0.52. Over 8% has been added to the market cap of the cryptocurrency that is currently ranked eighth.
News Summary:
- Cardano (ADA) and All Other Crypto Assets on Robinhood’s Platform Will Be Transferable
- Check all news and articles from the latest Business news updates.
