Indonesia recognizes Cardano as commodity, positive for Tradecurve

Cardano has recently been recognized as one of the fastest-growing ecosystems in the DeFi world. Its total value locked (TVL) has recently hit new highs, with projects like Minswap, Liquid, and WingRiders attracting thousands of new investors daily. In addition, Cardano’s new Lace Wallet has now made the Cardano ecosystem more accessible than ever and is expected to drive up the project’s value in Q3. 

Now, Cardano has a huge opportunity to expand into the Indonesian market after being recognized as a commodity. This is great news for Tradecurve, an innovative new hybrid exchange that will facilitate transactions for projects like Cardano in the future.

Cardano unlocks new opportunities in the Indonesian market

During the first half of 2023, Cardano increased its TVL by 91.9%, hitting a new milestone of 500 million. Experts believe this could double again in the year’s second half, with new projects like the Cardano Lace Wallet pioneering future developments.

Lace Wallet will let investors store Cardano NFTs, delegate stakes, and make transactions. This will make it significantly easier for Cardano users to access the Cardano ecosystem and could play a crucial role in Cardano’s development throughout the Indonesian market. 

Cardano is currently trading at $0.277 and has increased in value by 0.95% in the past 24 hours. Despite this increase, Cardano’s value has decreased over the past month, though analysts predict that Cardano is significantly undervalued and, therefore, could surge to highs of $5 by the end of 2025. 

>>Register For The Tradecurve Presale<<

Tradecurve could be used in Indonesia due to the Lace wallet 

Tradecurve is a new hybrid exchange that lets investors trade DeFi and traditional assets anonymously. To get started, investors can connect external wallets such as Cardano’s Lace Wallet, deposit cryptocurrency, and trade assets, including derivatives and cryptocurrency. 

As a decentralized platform, investors will only need an email to create an account. Once entered, no additional KYC or background checks will be required. This is a huge advantage for investors and lets them maintain full custody of their assets. 

Since many exchanges have recently been accused of using investor funds unethically, Tradecurve expects to attract over 100,000 users three months post-release, as many investors look for alternatives to traditional exchanges. 

As well as being compatible with several external wallets, Tradecurve has developed a unique ecosystem to create a well-rounded trading experience. 

Tradecurve

Investors will be able to learn about trading through the Tradecurve metaverse academy, which will showcase some lessons covering the basics of trading to more complex strategies.

In addition, investors will also be able to subscribe to copy trading and AI trading. Both of these subscriptions allow investors to boost their portfolios without spending hours researching every day.

Tradecurve will use TCRV as its native token, selling 40% of its token supply during its presale. TCRV tokens are already up by 80% in value and are on track to hit a new all-time high in July. So far, the Tradecurve presale has raised $3 million and is now being compared to the Binance ICO in terms of its growth and long-term potential. 

To find more information about Tradecurve and the TCRV token, visit the links below:-

Website: https://tradecurve.io/ 

Buy presale: https://app.tradecurve.io/sign-up 

Twitter: https://twitter.com/Tradecurveapp 

Telegram: https://t.me/tradecurve_official 

Source: https://www.cryptonewsz.com/indonesia-recognizes-cardano-as-commodity-positive-for-tradecurve/