Introduction to Cardano (ADA) on Coinbase Pro
Starting Tuesday, March 16, users can transfer ADA tokens into their Coinbase Pro accounts in preparation for trading. Full trading support will go live on Thursday, March 18, at or after 9AM Pacific Time (PT), contingent on liquidity conditions. ADA trading pairs (ADA-USD, ADA-BTC, ADA-EUR, ADA-GBP) will follow Coinbase Pro’s standard three-phase launch process.
Why Cardano (ADA)?
Cardano is a proof-of-stake blockchain platform that emphasizes energy efficiency and security through its Ouroboros consensus protocol. Developed using the Haskell programming language, Cardano aims for evidence-based design to ensure stability. The native token, ADA, honors 19th-century mathematician Ada Lovelace.
Trading Timeline and Pairs
- Transfer Phase (March 16): Deposit ADA into Coinbase Pro.
Trading Phase (March 18):
- Order books open in phases: post-only → limit-only → full trading.
- Follow real-time updates via Coinbase Pro’s Twitter.
👉 Start trading ADA on Coinbase Pro today
Key Features of Cardano (ADA)
- Eco-Friendly: Unlike proof-of-work blockchains, Cardano’s Ouroboros protocol minimizes energy consumption.
- Secure Development: Haskell’s rigorous syntax reduces vulnerabilities.
- Global Support: Available in all Coinbase-supported jurisdictions.
FAQs
1. When can I trade ADA on Coinbase Pro?
Trading starts March 18 at 9AM PT, pending liquidity.
2. Which ADA trading pairs are available?
Initial pairs: ADA-USD, ADA-BTC, ADA-EUR, ADA-GBP.
3. Can I withdraw ADA to any Cardano address?
Initially, only Shelley addresses (starting with addr1) are supported. Byron address compatibility will follow.
👉 Learn more about ADA withdrawals
Additional Notes
- ADA is not yet available on Coinbase.com or consumer mobile apps.
- Review Coinbase Pro’s Trading Rules for market suspension policies.
Keywords: Cardano, ADA, Coinbase Pro, crypto trading, proof-of-stake, Ouroboros, Haskell.
Disclaimer: Third-party links are for informational purposes only and not endorsed by Coinbase.
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