Bithumb, one of South Korea's leading crypto exchanges, has announced the addition of new trading pairs for Sonic SVM (SONIC) and AHT (AHT).
Bithumb, one of South Korea’s leading cryptocurrency exchanges, has announced the addition of new trading pairs for Sonic SVM SONIC $0.82 24h volatility: 8.1% Market cap: $293.36 M Vol. 24h: $1.09 B and AHT AHT $0.0108 24h volatility: 48.2% Market cap: $63.67 M Vol. 24h: $791.90 M . This move provides traders with fresh opportunities but also includes specific guidelines to ensure smooth and secure transactions.
AHT, operating on the Luniverse network, is now available for trading in the Korean Won (KRW) market. Trading will begin at 2:00 PM KST on January 10, 2025, with an initial reference price set at 9.788 KRW per AHT. This addition broadens accessibility for those looking to trade AHT directly with the South Korean currency.
Sonic SVM (SONIC) will debut in the specialized SAFE KRW market, offering a new way to trade this token. Supported by the Solana network, SONIC trading begins at 4:00 PM KST on January 10, 2025, with a base price of 1,110 KRW per SONIC. Deposits and withdrawals for SONIC are limited to the Solana network, so users are advised to verify their deposit network carefully.
The exchange has also introduced support for SAFE transactions, which operate on the Ethereum network. Like SONIC, SAFE trading kicks off at 4:00 PM KST on January 10, 2025, with a reference price of 1,376 KRW.
To ensure a stable and secure trading environment, Bithumb has implemented specific restrictions during the initial trading phase. For the first five minutes after trading begins, buying orders will be limited.
Additionally, selling orders that fall outside the range of -10% to +100% of the base price will not be permitted during this period. Automated trading orders, such as those placed by bots, will only be allowed after the first trade has been successfully completed. These measures aim to prevent market manipulation and maintain orderly trading activity.
Bithumb only supports deposits and withdrawals through specific networks and exchanges. Funds sent from unsupported sources may not be credited, and users are urged to double-check network compatibility before making transfers.
As part of the launch, Bithumb is offering rewards for SONIC traders. Users who trade or deposit SONIC for two consecutive days can earn additional SONIC based on their trading volume.
Bithumb reminds users that cryptocurrency trading carries inherent risks, including the potential loss of investment. It encourages thorough research, such as reviewing project white papers and official websites, before participating.
The addition of these digital assets shows the exchange’s commitment to expanding its offerings while providing users with more trading options. It also recently announced the addition of Filecoin FIL $5.15 24h volatility: 1.5% Market cap: $3.19 B Vol. 24h: $285.71 M and VANA to the KRW market. Additionally, the exchange has rebranded its subsidiary, Bithumb Meta, to Bithumb Partners, which will initially focus on managing existing financial assets with the potential to grow into a larger player in the investment space.
Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
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Temitope is a writer with more than four years of experience writing across various niches. He has a special interest in the fintech and blockchain spaces and enjoy writing articles in those areas. He holds bachelor's and master's degrees in linguistics. When not writing, he trades forex and plays video games.
