Bithumb, one of South Korea’s leading cryptocurrency exchanges, has launched new trading pairs for Sonic SVM (SONIC) and AHT tokens. Effective immediately, AHT is available on the KRW market, while SONIC will be traded within the SAFE KRW market.
The exchange has set specific trading schedules: AHT trading in the KRW market will kick off at 2:00 PM KST, followed by SONIC trading in the SAFE KRW market at 4:00 PM KST. Both tokens will be open for deposits and withdrawals within three hours of the announcement. Notably, AHT operates on the Luniverse network, while SONIC is built on the Solana network. For deposits, both tokens require 20 confirmations.
In an effort to ensure smooth market conditions during the initial trading phase, Bithumb has imposed temporary trading limits. For the first five minutes of trading, buy and sell orders will be restricted to a price range of -10% to +100% of the reference price. Automated orders will only be allowed once the initial trades have been executed.
Bithumb has also issued a reminder to users to adhere to its deposit and withdrawal policies. Transactions must be conducted through supported networks and exchanges to avoid delays or additional steps that could complicate the process.
Founded in 2014, Bithumb has grown to become a key player in the cryptocurrency space, offering a wide array of digital assets while adhering to South Korea’s regulatory standards. However, the exchange has faced challenges, including recent delays in XRP withdrawals in December 2024, caused by high transaction volumes and platform capacity issues. Bithumb assured users that it is addressing these concerns and working to resolve any backlogs.
As always, Bithumb urges users to verify key transaction details, including network compatibility and reference pricing, before proceeding. Given the inherent risks of cryptocurrency trading, investors are advised to perform thorough research and exercise caution, as any resulting losses will be the user’s responsibility.
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