South Korea's leading cryptocurrency exchange, Bithumb, has announced the addition of two new trading pairs: AHT/KRW in the KRW market and SONIC/SAFE KRW in the SAFE KRW market.
Both tokens will be available for deposit and withdrawal within three hours of the announcement. AHT belongs to the Luniverse network and requires 20 confirmations for deposits, while SONIC is a Solana network token and also requires 20 confirmations for deposits.
To ensure market stability during the initial phase, Bithumb has applied temporary trading limits. For the first five minutes of trading, buy and sell orders are restricted to within -10% and +100% of the reference price. Automated orders will be permitted only after the initial trade execution.
Bithumb has highlighted the importance of adhering to its policies regarding deposits and withdrawals, emphasizing that transactions should be made through networks and exchanges supported by Bithumb. Deposits made via unsupported networks or exchanges may encounter delays or require additional procedures to be resolved, potentially creating complications for users.
As a cryptocurrency exchange founded in 2014 and headquartered in South Korea, Bithumb is known for its extensive offerings of digital assets and its adherence to regulatory standards. However, the exchange has encountered challenges in recent months, such as difficulties with XRP withdrawals.
In Dec. 2024, users encountered delays in withdrawing XRP due to a combination of factors, including high transaction volumes and platform capacity limitations. These delays prompted Bithumb to inform its users that the issue was being addressed and to request patience as the platform processed the pending withdrawals.
To avoid potential issues, users are advised to confirm critical details such as network compatibility and reference pricing before initiating transactions. Given the inherent risks associated with cryptocurrency trading, investors are strongly encouraged to conduct sound research before making decisions. Any losses incurred as a result of trading activity are the sole responsibility of the user.
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