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South Korea’s Bithumb Lists Thena (THE) in KRW Market

South Korea’s main cryptocurrency trade, Bithumb, is about to checklist Thena (THE) in its Korean Received (KRW) market, main Thena to a surge.

Bithumb Lists Thena ($THE)

Based on the announcement, Thena buying and selling on Bithumb will begin at 4:00 PM on February 14, 2025.

Deposits and withdrawals will begin inside three hours from the posting of the discover. The trade will solely assist transactions by means of the BNB Good Chain, that means deposits from different networks won’t be accepted. The bottom worth for Thena (THE) has been set at 1,019 KRW, and the required variety of deposit confirmations is 15.

Bithumb will impose short-term restrictions when buying and selling begins to make sure a safe buying and selling atmosphere. As per the official assertion, for the primary 5 minutes, shopping for orders won’t be allowed. Promoting orders may even be restricted if the value falls beneath -10% or rises above +100% of the usual worth throughout this era. Moreover, automated orders comparable to stop-loss or take-profit will solely be activated after the primary commerce happens.

To be able to present a protected buying and selling atmosphere, some transaction restrictions for the preliminary buying and selling part have been issued by the trade. This contains: shopping for orders are restricted for the primary 5 minutes after buying and selling begins, promoting orders can be restricted for five minutes after the beginning of buying and selling if the value is lower than -10% or greater than +100% of the usual worth. Lastly, automated orders will solely be attainable after the primary transaction happens.

Bithumb Itemizing Impact: Thena ($THE) Surges

Following the itemizing announcement on Bithumb, Thena’s native token, THE, surged by over 20% within the quick time period, reaching a excessive of $0.80. Nevertheless, THE is at the moment buying and selling at $0.7659 after experiencing a 2.9% dip up to now 24 hours.

Market Efficiency of Thena ($THE)

The 24-hour buying and selling quantity for THE has elevated by greater than 36%, at the moment standing at $198.47 million. Thena, an revolutionary decentralized trade (DEX) and liquidity layer constructed on the BNB Chain, has a market capitalization of $69.68 million.

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