Exchanges· ★★· neutral·

Bitrue marks 8th anniversary with Cardano support, but 88.55% of reserves are in XRP

  • Bitrue's daily volume is $446.8 million, of which ADA is just $977,000
  • Exchange reserves of $181.6 million: ADA is $2.98 million (1.67%), XRP is 88.55%
  • Bitrue says it was the first to list Cardano native tokens (CNT)
  • The exchange developed the first Go library for Cardano integration
Why it matters: The gap between its image as an XRP exchange and its stated Cardano support shows that anniversary marketing messages poorly reflect the actual structure of trading and reserves.
Source: Digital Today