Magic Eden exclusively supports deposits via the Solana network, meaning deposits from other networks will not be processed. Deposits for ME will start on December 10, 2024, at 23:00 (KST). With a standard price of 2,286 KRW, transaction confirmations will require 20 blocks. Meanwhile, Shin Futures has already enabled deposits just two hours after the announcement, with trading beginning at 22:00 (KST). The token is priced at 88.09 KRW and requires 33 blocks for deposit confirmation on the Ethereum network.

To ensure a secure trading environment, Bithumb has implemented several restrictions. For instance, buy orders are limited during the first five minutes of trading, and sell orders are restricted to within -10% and +100% of the standard price during the same timeframe. Automated orders will only be available after the first transaction is completed. These measures are designed to foster a safer and more controlled trading experience for investors.

Bithumb also emphasized the importance of using the correct network for deposits, warning that incorrect transfers could result in significant delays. Under its Travel Rule, the exchange only supports deposits and withdrawals through verified exchanges, ensuring enhanced security for user funds.

The inclusion of these two groundbreaking projects has created significant buzz in the Korean crypto market. Magic Eden, with its NFT-focused innovation, and Shin Futures, offering Ethereum-based financial advancements, are poised to attract attention from investors seeking cutting-edge blockchain solutions.

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