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Home Business

Bithumb Expands KRW Market with Listings for XYO, PUMP

25 April 2025
in Business, News
Reading Time: 3 mins read
108 1
source: iq.wiki

source: iq.wiki

Bithumb is expanding its Korean Won (KRW) trading market with new token listings, signalling continued growth in its digital asset offerings.

The exchange has confirmed that XYO will be listed later today, with trading set to commence at 5:00 PM KST. The listing price is 15.30 KRW (approximately $0.0107), and deposits and withdrawals will be enabled two hours after the listing, exclusively via the Ethereum network.

???? New Listing

???? 엑스와이오(#XYO) 원화 마켓 추가 안내
???? $XYO/KRW will be listed on #Bithumb!

???? Details : https://t.co/zlZqb8fVHK #Bithumb #XYO @OfficialXYO pic.twitter.com/IAw5Ll19ir

— Bithumb (@BithumbOfficial) April 25, 2025

Following closely, Bithumb will also launch trading for PUMP, the utility token of Bitcoin liquidity re-staking platform PumpBTC, at 6:00 PM KST on April 22, 2025. The token will debut with a base price of 249 KRW, and all transactions will be supported exclusively on the BNB Smart Chain. Deposits will require 15 confirmations, and users are strongly advised to avoid unsupported networks to prevent processing delays or asset loss.

To mark the PUMP listing, Bithumb has introduced a two-day airdrop for users who trade it consecutively. The PUMP token is integral to the PumpBTC ecosystem, utilizing the Babylon protocol for Bitcoin restaking and issuing a liquid restaking token (LRT). This allows Bitcoin holders to earn yields through DeFi activities while PUMP tokens provide governance and rewards. To ensure a secure trading environment, Bithumb has implemented measures such as five-minute restrictions on trading and limits on price fluctuations. They remind investors of the inherent risks of virtual assets and encourage a thorough review of project details before trading. Temporary restrictions on deposits and withdrawals may apply to new users as part of compliance measures.

Adding to the momentum, Bithumb recently announced the upcoming listing of AMP on its KRW market. Trading for AMP will begin at 4:00 PM KST on Friday, April 4, 2025, with a base price of 5.091 KRW. This announcement follows the earlier launch of Bubble Maps (BMT), which debuted on March 18, 2025, at a listing price of 211 KRW.

 

If you want to read more news articles like this, visit DeFi Planet and follow us on Twitter, LinkedIn, Facebook, Instagram, and CoinMarketCap Community.

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Tags: BithumbPUMPXYO
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Jewel Buddy

Jewel Buddy

Buddy Jewel is a finance writer specializing in cryptocurrency news. With a keen eye on the latest developments in the digital asset space, I provides insightful and timely updates on the ever-evolving world of crypto.

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