Upbit, the largest cryptocurrency exchange in South Korea, has officially launched a new trading market for BIGTIME, a blockchain-based multiplayer role-playing game. This addition allows users to trade BIGTIME using the Korean Won (KRW), further diversifying Upbit’s cryptocurrency offerings and catering to the increasing interest in blockchain gaming.
Bithumb Expands KRW Markets with JTO and ETHFI Listings
In a related move, Bithumb, South Korea’s second-largest exchange, has announced the introduction of KRW trading markets for two new cryptocurrencies: JTO and ETHFI as suggested by the company’s website. In this line of expansion, the Bithumb group looks forward to improving on the existing choices in the market and equally offering users more options to trade in this growing crypto market. The new markets for JTO and ETHFI are set to go live today.
For JTO, trading will be available for the KRW market, while deposits and withdrawals will begin at 2:00 PM KST on September 5th, 2024. Other details of the trading of JTO are that it is to commence at 5:00 pm KST. JTO base price is set at 2,896 KRW and for the transaction to occur, users will need to have 20 deposit confirmations.
ETHFI will be also listed on the KRW market starting from September 5, 2024, at 2:00 PM KST for deposits and withdrawals. The trading for ETHFI will commence at 6:00 PM KST. ETHFI is priced at 1,702 KRW.
Lastly, the appearance of these new trading markets provided by Upbit and Bithumb is an important step that expanded the possibility of cryptocurrency trading in South Korea. Both these trading platforms are aligned with the global trends and customer needs, by including these new tokens and markets in their portfolio and reflecting the constantly evolving nature of the international cryptocurrency space.
