South Korea's main exchange facilitates trading with the SAFE KRW and KRW markets, emphasizing specific network guidelines.
BithumbProminent cryptocurrency exchange based in South Korea, yes has been introduced new trading pairs for Sonic SVM and AHT. AHT (AHT) is now available for trading on the KRW market, while Sonic SVM (SONIC) will be traded on the SAFE KRW market.
Within three hours of publication, both tokens will be available for deposits and withdrawals. Trading for AHT in the KRW market will begin at 2:00 PM KST, while SONIC trading on the SAFE KRW market is expected to begin at 4:00 PM KST. AHT uses the Luniverse network, but the SONIC signal runs on the Solana network. Both tokens require 20 confirmations for deposits.
To maintain the stability of the market in the first stage, Bithumb has implemented temporary trade restrictions. During the first five minutes of trading, buy and sell orders are limited to stay within -10% and +100% of the reference price. Automated orders are only allowed after the first trade execution.
The exchange has also reminded users to follow their policies regarding deposits and withdrawals, emphasizing the importance of transacting through networks and exchanges supported by Bithumb. Deposits made through unsupported networks or exchanges may result in delays or the need for additional steps to resolve, which may complicate the process for users.
As a cryptocurrency trading platform founded in 2014 and based in South Korea, Bithumb known for its wide variety of digital assets and compliance with regulatory standards. However, the exchange has had challenges in recent months, including issues with XRP withdraw. In December 2024, users experienced delays in XRP withdrawals, due to a combination of increased transaction volume and platform capacity limitations. These delays prompted Bithumb to reassure its users that the issue would be resolved, urging them to be patient as the platform was working behind the scenes. -support.
To avoid potential issues, users are advised to confirm critical details such as network compatibility and reference prices before starting transactions. Given the significant risks associated with cryptocurrency trading, investors are strongly encouraged to do their due diligence before making any decisions. Any loss resulting from trading activity remains the sole responsibility of the user.
