South Korea’s leading cryptocurrency exchange Bithumb has announced the addition of Avalon (AVL) to its Korean Won (KRW) trading market.
Bithumb Lists Avalon (AVL) on Korean Won Market
Avalon (AVL) Transaction Details
- Sunday KRW Market
- Network: Ethereum (Deposits from other networks are not supported)
- Deposit/Withdrawal Start: Within 2 hours of this announcement
- Transaction Start: March 7, 2025, 15:00
- Starting Price: 574 KRW
- Deposit Confirmation Requirement: 33 confirmations
Avalon (AVL) Airdrop Event
Bithumb is hosting an AVL airdrop event where users who trade AVL for three consecutive days will receive additional AVL tokens.
About Avalon (AVL)
Avalon is a DeFi platform that operates one of the largest Bitcoin-backed lending and stablecoin ecosystems. It offers lending solutions and stablecoin services through both DeFi and CeDeFi models.
Avalon's native stablecoin USDa offers:
- 1:1 convertibility with USDT
- Fixed interest rates
- Sustainable yield
Avalon aims to increase stability, flexibility, and accessibility in the DeFi space by overcoming the limitations of traditional stablecoins.
The goal of the platform is to create a scalable and transparent financial network that transforms Bitcoin into a widely used economic asset. The AVL token serves as Avalon’s utility token and is used for staking and other platform functions.
*This is not investment advice.
