Bithumb, one of South Korea’s leading cryptocurrency exchanges, has announced that its digital asset, ZKPass (ZKP), will be listed against the Korean won (KRW). According to the official announcement, ZKPass will begin trading on the won market on Friday, December 26, 2025, at 6:00 PM. The exchange stated that users will be able to make deposits and withdrawals approximately two hours after the announcement is published.
ZKPass transactions will only be supported via the Ethereum network. Therefore, investors should be aware that transfers from other networks will not be accepted. The reference price for the first transaction was set at 176 won, and deposits will require 33 confirmations.
Bithumb also reminded users of the standard trading restrictions applied to new listings. Accordingly, buy orders cannot be placed for the first 5 minutes after trading begins. During the same period, sell orders below 10% and above the reference price will also be restricted. Furthermore, only limit orders will be accepted for the first two hours.
It was stated that deposit and withdrawal transactions would only be permitted through licensed crypto service providers supported by Bithumb, in accordance with the Travel Rule. A warning was issued that transfers from unlisted platforms might not be processed and the refund process could take a long time.
Exchange officials reminded investors that cryptocurrency investments involve high volatility, urging them to carefully review project information and consider the risks before trading. The addition of ZKPass to the KRW market is expected to significantly increase access to the project for investors in South Korea.
*This is not investment advice.