announced<\/strong><\/a> supporting native assets from the Cardano blockchain.<\/p>\nAccording to the official blog post, the native assets will enable users and firms to mint their own tokens directly on the ADA network. Additionally, the resulting tokens can then be sent on the blockchain just like ADA, and can be used for the purpose of trading or held as a long-term investment. With this news, Bitrue has become the first crypto exchange to extend support Cardano’s native assets.<\/p>\n
The platform further explained,<\/p>\n
“The first asset to be supported on Bitrue will be Occam.fi\u2019s OCC utility token, available before the end of July 2021. Occam.fi is a DeFi launchpad for other projects that wish to leverage ADA liquidity that currently sits unutilized. Bitrue will also be acting as the pioneering location for users worldwide to trade for and hold a Cardano native asset.”<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"Cardano’s [ADA] price has failed to evade the selling pressure as the market went on a fresh downtrend on Monday. The entire market is currently testing the lows of a considerable on-chain support zone as price actions remain depressed.<\/p>\n","protected":false},"author":17,"featured_media":38551,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[105,70,74],"tags":[5022,5219],"_links":{"self":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts\/38542"}],"collection":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/users\/17"}],"replies":[{"embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/comments?post=38542"}],"version-history":[{"count":0,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts\/38542\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/media\/38551"}],"wp:attachment":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/media?parent=38542"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/categories?post=38542"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/tags?post=38542"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}