South Korea’s main cryptocurrency trade Bithumb has introduced that it will likely be including Area and Time (SXT) to its Korean Received (KRW) market, additional increasing buying and selling choices for native customers.
Bithumb Provides Area and Time (SXT) to Korean Received Market
In response to the official announcement, SXT/KRW buying and selling will start at 18:00 on Tuesday, Could 13, 2025. Deposits and withdrawals will likely be enabled inside three hours of the announcement and will likely be supported completely by way of the Ethereum community.
Customers are suggested to not ship SXT by way of one other blockchain as such deposits won’t be supported. The launch reference worth of SXT is about at 191 KRW and the required variety of deposit confirmations is 33.
Non permanent Transaction Restrictions
To make sure a steady and safe buying and selling atmosphere, Bithumb will implement the next short-term restrictions throughout the itemizing:
- Purchase orders will likely be restricted for the primary 5 minutes after buying and selling begins.
- Promote orders priced 10% beneath or 100% above the reference worth will even be restricted for a similar interval.
- Automated buying and selling techniques will likely be activated after the primary commerce is efficiently executed.
Like all digital property, Bithumb reiterates that SXT carries a excessive funding threat. Customers are suggested to evaluate the undertaking’s white paper and official documentation earlier than buying and selling, and perceive that every one funding selections and dangers are solely the duty of the investor.
Further verification or short-term restrictions on deposits and withdrawals could apply to new customers who’ve registered inside the final seven days.
*This isn’t funding recommendation.
