Yigit Taha OZTURK 
South Korean cryptocurrency exchange Bithumb is launching KRW trading support for Toncoin (TON) and MetisDAO (METIS). The trading for these assets will begin on November 21, 2024, at 20:00. Below are the details:
Toncoin (TON)
- Supported Network: TON
- Deposit Confirmation: 1 block
- Starting Price: 7.395 KRW
- Trading Restrictions: Price limits will apply to buy and sell orders for the first 5 minutes.
MetisDAO (METIS)
- Supported Network: Ethereum
- Deposit Confirmation: 33 blocks
- Starting Price: 87.04 KRW
- Trading Restrictions: Price movements will be restricted during the first 5 minutes.
Impact on Crypto Markets
- Increased Liquidity: With Toncoin and MetisDAO becoming more accessible to Korean investors, we can expect a rise in trading volumes.
- Price Fluctuations: New listings, especially with demand from Asian markets, could lead to volatile price movements.
- Significance of Korean Market: Bithumb’s listings highlight Korea’s influence on the global crypto market, with local interest likely boosting the global value of these assets.
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