Cardano [ADA], Polakdot [DOT], and Tezos [XTZ] are now listed in leading crypto derivatives and spot exchange BitMEX.
Besides ADA, users will also be able to deposit and withdraw Shiba Inu [SHIB], Chainlink [LINK], Tron [TRX], Solana [SOL], Polygon [MATIC], and many other cryptocurrencies, via BitMEX wallet.
The cryptocurrency trading platform founded in 2014 by Arthur Hayes, Ben Delo, and Samuel Reed has its headquarters in Seychelles.
BitMEX battled tough times when co-founder Hayes was arrested for money laundering charges and the firm was forced to pay a civil monetary penalty of $100 million to the CFTC.
Alexander Höptner, who took over as CEO of BitMEX from Hayes less than two years ago, made the decision to step down.
Stephan Lutz replaced him as the Interim CEO of the derivatives exchange. Lutz will also remain as the company’s CFO.
Last month, the trading platform launched its first Initial Exchange Offering (IEO) with its BMEX token, kicking off a new era in BitMEX.
With the latest additions of tokens, the platform is looking to entice more users and create new opportunities for traders.
That said, according to research by CryptoCompare, the number of daily active users on the smart contract platform Cardano ($ADA) increased by 15.6% in November following the failure of the well-known cryptocurrency exchange FTX.
Cardano’s DeFi Gains Major Traction
Per CryptoCompare, the blowout led to an increase in the platform’s average daily active user base. The total number of Cardano’s daily active users increased by over 15% last month to 75,800, the highest figure since May.
Similar to this, Cardano network monthly transactions increased 5.34% to 2.32 million last month, which was the highest monthly transaction volume since April. According to data from the cryptocurrency’s network, the number of wallets there surged by over 100,000 last month.
The report from CryptoCompare also mentions that DeFi on the Cardano blockchain celebrated its one anniversary on November 28. Late in 2021, MuesliSwap made its network debut, and soon after, it had locked in a total value of $1 million.
Cardano supporters, the report adds, are anticipating that the introduction of several new advancements, such as sidechains, Cardano’s Ethereum Virtual Machine, and its privacy-focused sidechain Midnight, would increase the usefulness of the network’s DeFi ecosystem.
