Bithumb, one of the leading cryptocurrency exchanges in South Korea, announced the listing of Amp (AMP) on the Korean Won (KRW) market. Trading is scheduled to begin at 4:00 PM today.
Bithumb Lists AMP on KRW Market, Trading Begins on April 4
AMP Listing Details
- Trading Market: KRW
- Supported Network: Ethereum (Deposits from other networks will not be supported)
- Deposit/Withdrawal Start: Within two hours of this announcement
- Trading Start: April 4, 2025 at 16:00 KST
- Starting Price: 5,091 KRW
- Confirmations Required for Deposits: 33
About Amp (AMP)
Amp (AMP) serves as collateral within the Flexa Network, facilitating fast and secure crypto payments. AMP provides trust and reliability in transactions by securing payments until they are confirmed.
The network offers low fees and global availability, allowing users to stake AMP to support the ecosystem and earn rewards. The project aims to increase real-world adoption of crypto payments.
Trade Restrictions
To ensure a stable trading environment, the following temporary restrictions will be applied during the listing:
- Buying Restriction: No buying orders will be placed during the first 5 minutes after the transaction starts.
- Sell Restriction: During the first 5 minutes, sell orders must be between -10% and +100% of the reference price.
- Automatic Orders: Available only after the first trade has been executed.
Deposit and Withdrawal Rules
Bithumb will only support transactions with approved cryptocurrency exchanges as part of its Travel Rule compliance. Deposits from unapproved exchanges may not be processed and refunds may take significant time.
Additionally, withdrawals and deposits via restricted exchanges may result in account restrictions as per Bithumb’s terms and conditions. Users are advised to verify their deposit address and network compatibility before making any transactions.
*This is not investment advice.
