South Korean cryptocurrency exchange Bithumb has announced the listing of Thena (THE) on the KRW market, with trading set to begin on February 14, 2025 at 16:00 CET.
Bithumb to List Thena (THE) on KRW Market
Listing Details
- Market: KRW trading pair
- Supported Network: BNB Smart Chain (Deposit via other networks is not supported)
- Deposit and Withdrawal Start Time: Within 3 hours after announcement
- Transaction Start Time: February 14, 2025, 16:00
- Starting Price: 1,019 KRW
- Deposit Confirmation Condition: 15 confirmations
What is Thena (THE)?
Thena (THE) is the governance and staking token of Thena, a liquidity center and trading platform built on BNB Chain and opBNB. Thena aims to simplify on-chain trading and offers key features such as:
- Wallet abstraction
- Fiat opening/closing ramps
- Cross chain bridges
- Single staking options
- Futures trading
The Thena ecosystem currently includes:
- THENA: One point DEX
- ALPHA: A futures DEX
- ARENA: A social platform
- WARP (Coming Soon): A launch pad for new projects
Trade Restrictions
To ensure a safe trading environment, Bithumb has implemented the following temporary restrictions at launch:
- Buy Orders: Disabled for the first 5 minutes after trading starts.
- Sell Orders: Limited to -10% and +100% of the starting price for the first 5 minutes.
- Automatic Orders: Only allowed after the first trade is executed.
Deposit and Withdrawal Notification
- Deposits and withdrawals are only supported for crypto exchanges that comply with South Korea's Travel Rule regulations.
- Deposits from unsupported exchanges may not be processed and may take a long time to return.
- Users should carefully verify deposit addresses and network compatibility before making transfers.
*This is not investment advice.
