South Korea’s leading cryptocurrency exchange Bithumb has announced the addition of two new assets, PEAQ and VANA, to its KRW trading market. Trading for both assets will begin at 16:00 on January 2, 2025.
Bithumb Adds PEAQ and VANA to KRW Market
PEAQ Listing Details
Market: KRW
Network: PEAQ (Deposits via other networks are not supported)
Deposit/Withdrawal Opening: Within three hours after announcement
Starting Price: 853 KRW
Deposit Confirmation Condition: 10 confirmations
What is PEAQ?
PEAQ is a multi-chain blockchain optimized for decentralized physical infrastructure networks (DePIN). It supports core DePIN functionalities by offering EVM and WASM smart contracts and modular features such as Peaq ID, Peaq Access, Peaq Verify, and Peaq Pay. PEAQ serves as the native token for the Peaq mainnet, used for transaction fees, governance, and staking.
VALVE Listing Details
Market: KRW
Network: VANA (Deposits via other networks are not supported)
Deposit/Withdrawal Opening: Within three hours after announcement
Starting Price: 23,730 KRW
Deposit Confirmation Condition: 100 confirmations
What is VALVE?
VANA is a Layer 1 blockchain designed to enable sharing while allowing users to maintain ownership of their data. Through DataDAO, users can provide data in exchange for rewards. VANA uses a Proof of Contribution (PoC) mechanism to ensure data integrity and tokenizes verified data for use in AI model development and other applications. The VANA token powers the network by covering transaction fees, staking, and governance.
Trade Restrictions:
To ensure a safe trading environment:
Buy Orders: Restricted for the first 5 minutes after trading starts.
Sell Orders: Prices outside of -10% to +100% of the starting price are restricted for the first 5 minutes.
Automatic Orders: Only allowed after the initial trade is completed.
*This is not investment advice.
