Bithumb, one of South Korea’s leading cryptocurrency exchanges, announced on April 16, 2025, that it had officially listed WalletConnect Token (WCT) on the Korean Won (KRW) trading pair. With this development, WCT is now tradable by Bithumb users using the local currency.

Trading and Deposit Details

• Trading Start Time: April 16, 2025, Wednesday at 19:00 (KST) (10:0 UTC)

• Supported Network: Optimism (Deposits made via other networks are not supported.)

• Reference Price: 416 KRW

• Deposit Approval Count: 50

Trading Restrictions

Some temporary restrictions are applied to provide a safer trading environment for newly listed assets:

• Purchase Restriction: Buy orders will be restricted for the first 5 minutes.

• Sale Restrictions: For the first 5 minutes, sell orders below -10% and above +100% of the reference price will be rejected.

• Automated Orders: Automated order entry will be allowed after the first transaction is made.

Important Notices

• Deposits and withdrawals can only be made through Bithumb’s supported virtual asset exchanges. Deposits made via unsupported exchanges may result in the loss of assets or delays in refunds.

• Virtual assets are high-risk products. It is recommended that users carefully review the details of the project before investing.

• Newly registered users (within 7 days of the announcement) may face restrictions on certain transactions, and additional identity verification may be required.

WalletConnect Token (WCT) is the native token of the popular WalletConnect protocol, which connects decentralized applications (dApps) with wallets. This listing decision by Bithumb significantly increases the accessibility of WCT in the South Korean market.

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The post Bithumb Lists WalletConnect Token (WCT) on KRW Market appeared first on Coin Engineer.

PLUME and COW Protocol to Be Listed on Bithumb

Bithumb has officially announced that PLUME and COW Protocol (COW) will be listed with KRW trading pairs. The deposit and withdrawal services will be available within 2 hours from the announcement. Trading is set to begin on March 5, 2025, at 15:00 (KST).

PLUME Airdrop Event

To celebrate the listing, Bithumb is launching a special event! Traders who trade PLUME for 4 consecutive days will receive PLUME rewards.

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What is PLUME?

PLUME is a modular Layer-1 blockchain designed for Real-World Asset Finance (RWAfi). It tokenizes real-world assets such as solar panels, mineral certificates, and oil reserves, making them more accessible for investors. PLUME aims to simplify the complexity of RWA trading while integrating decentralized finance elements with traditional financial systems.

The PLUME token serves as the network’s utility token for staking, governance, and transaction fees.

What is COW Protocol?

COW Protocol (CoW Protocol) is an Ethereum-based DeFi protocol that utilizes batch auctions for price determination. It also features a MEV blocker and an Automated Market Maker (AMM) to enhance trading efficiency.

• MEV Blocker: Protects users from MEV (Maximal Extractable Value) attacks.
• AMM Mechanism: Prevents Loss Versus Rebalancing (LVR) issues, increasing liquidity provider profitability.
• Batch Auctions: Offers MEV protection, optimized bids, and enhanced trade matching.

The COW token is used for governance decisions within the ecosystem.

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KAITO to Be Available in KRW, BTC, and USDT Trading Pairs!

Upbit announced that KAITO will be listed on the platform with KRW, BTC, and USDT trading pairs. Deposits for KAITO will be available within 2 hours from the time of the announcement. Trading support will begin on March 5, 2025, at 15:00 (KST).

KAITO operates on the Base network, so users must check network compatibility before making deposits and withdrawals. Upbit will not support transfers made from other networks.

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Trading Restrictions and Fee Policy

To prevent market fluctuations during the initial listing, Upbit will apply certain trading restrictions:

• Buy orders will not be allowed for 5 minutes after trading starts.
• For the first 5 minutes, sell orders 10% below the previous day’s closing price will not be allowed.
• For the first 1 hour, only limit orders (placing orders at a specific price) will be supported.

Additionally, KAITO withdrawals will be fee-free for the first 24 hours. After this period, standard withdrawal fees will apply.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Upbit Announces a New Listing! appeared first on Coin Engineer.

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.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Bithumb Lists Toncoin (TON) and MetisDAO (METIS) for KRW Trading appeared first on Coin Engineer.

Here are the 12 new altcoins listed in the USDT market:

Adventure Gold (AGLD) AhaToken (AHT) ARPA Chain (ARPA) Astar (ASTR) Bancor (BNT) Elrond (EGLD) Filecoin (FIL) Locus Chain (LWA) NEAR Protocol (NEAR) Orchid (OXT) Radicle (RAD) Stellar (XLM)

Not all of these altcoins moved, but some did. Upbit’s listing announcements often cause sudden price movements for the listed coins.

Adventure Gold (AGLD) was the biggest gainer among the listed coins. Elrond (EGLD) will also be listed in KRW market and surged 92% after the announcement.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

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Upbit revealed it would list GAL on KRW trading pairs:

“On July 11, 2024, GAL will be added to the KRW market on Upbit. Listing for GAL is planned on the KRW trading pair on the Ethereum network. Be sure to check the network before depositing digital assets. Deposits and withdrawals via networks other than those specified are not supported.”

Apart from Upbit, news on listings came from South Korean stock market Bithumb. By now, Bithumb, the second-biggest bitcoin exchange in South Korea, has listed PolyMesh (POLYX).

Bithumb said POLYX would be listed on KRW trading pairs. POLYX will be entered on the KRW market on Bithumb on July 11, 2024.

POLYX lists the KRW trading pair on the Polymesh network. Not supported are deposits made via different networks.

GAL and POLYX rates started to climb following the news of the listing. GAL returned some of its gains, even though they increased by up to 30%. Conversely, POLYX climbed by 12%.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Upbit Adds Galxe (GAL) to KRW Market appeared first on Coin Engineer.

South Korean crypto exchange Bithumb has announced the listing of the MEW token on its Korean Won (KRW) market.

Bithumb Adds MEW to KRW Market

The exchange stated that MEW will only be tradeable on the KRW market supported by the Solana network.

Deposit of MEW will start on June 7, 2024, at 18:30, and trading and withdrawal will start on the same day at 21:00. The initial price of MEW is set at 6,053 KRW, and there is a deposit confirmation requirement of 20 confirmations.

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Details of MEW Trading Support

Market: KRW

Network: Solana (Deposits from other networks are not supported)

Deposit Start: June 7, 2024, 15:30 KST

Trading/Withdrawal Start: June 7, 2024, 18:00 KST

Initial Price: 6,053 KRW

Deposit Confirmations: 20

Important Notes

Investors are warned that virtual assets are highly risky investments and can lead to partial or total loss of investment.

In addition, Bithumb reserves the right to restrict deposits and withdrawals, block accounts, or request additional verification for members who join within seven days of the announcement date.

Bithumb emphasizes the importance of investor awareness and encourages users to conduct thorough research and exercise caution when investing in virtual assets.

The post Popular South Korean Crypto Exchange Lists New Memecoin! appeared first on Coin Engineer.

Bounce (AUCTION) has been listed on Upbit, South Korea’s leading exchange, where Bitcoin (BTC) and Ethereum (ETH) trading volumes have been lagging behind altcoin volumes.

Upbit announced the listing of AUCTION at 10:00 AM KST today on its official website.

The exchange stated in its announcement that AUCTION deposit transactions will only be open for the Ethereum network. Upbit also warned that transfers from other networks should not be made.

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It was stated that AUCTION will be traded in South Korean Won (KRW) pairs, and after this listing, investors will be able to buy and sell AUCTION/KRW trading pairs.

According to CoinGecko data, AUCTION took off after the listing announcement. The AUCTION price soared 80% from $17.3 to $31.4. AUCTION, which has since pulled back slightly, is trading at $29.2.

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