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BTC Dominance:
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Bithumb Announces THENA (THE) Listing

The

Bithumb, one of the largest cryptocurrency exchanges in South Korea, announced that it will list the THENA (THE) token. On February 14, 2025, THE will be listed in KRW (Korean Won) trading pairs and will only be available for deposit via the BNB Smart Chain (BSC) network.

Bithumb THENA (THE) Listing Details

  • Supported Market: KRW (Korean Won)
  • Supported Network: BNB Smart Chain (Deposits from other networks will not be supported)
  • Deposit & Withdrawal Start: February 14, 2025, active within 3 hours after announcement
  • Trade Opening: February 14, 2025, 10:00 a.m. TSI
  • Starting Price: 1 ,019 KRW
  • Block Approval: 15 blocks will be required

What is THENA (THE)?

TENA (Thena) is a decentralized trading and liquidity protocol built on top of BNB Chain and opBNB. It is designed as a platform that allows users to easily trade on-chain.
The Thena ecosystem includes

  • THENA: Decentralized spot exchange (DEX)
  • ALPHA: Futures trading platform
  • ARENA: Social trading platform
  • WARP: The upcoming launchpad platform

THE token is used in staking and governance processes. Users can earn rewards by staking THE tokens and vote on platform decisions.

Trading Restrictions and Security Measures

  • Buy orders cannot be placed during the first 5 minutes after the start of trading.
  • Sell trades cannot be executed -10% below or +100% above the initial price.
  • Automatic buy and sell orders will be opened after the first trade is executed.

Security and Investor Alerts

  • THE token can only be deposited and withdrawn via the BNB Smart Chain network.
  • Transfers from unauthorized and unsupported exchanges will not be processed.
  • It was emphasized that the cryptocurrency market is highly volatile and investors should act at their own risk.
READ:  Binance Starts of Margin Trading for Neutron (NTRN)!

This listing shows Bithumb’s growing support for the BNB Chain ecosystem and the interest in decentralized finance projects in the Korean market.

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