South Korea’s leading cryptocurrency platform Bithumb has announced the addition of Pudgy Penguins (PENGU) to its KRW market.
Bithumb Lists Pudgy Penguins (PENGU) on KRW Market
Trading support for PENGU will officially begin on December 24, 2024 at 17:00.
Key Details
Supported Market: KRW (Korean Won)
Supported Network: Solana (Deposits via other networks are not supported)
Deposit/Withdrawal Activation: Within 2 hours from the announcement
Trading Start: December 24, 2024 at 17:00 KST
Reference Price: 43.89 KRW
Confirmation Requirement for Deposits: 20 confirmations
Trade Restrictions
To ensure a safe trading environment, certain restrictions will be applied during the initial phase of trading:
Buy Orders: Restricted for the first 5 minutes after trading starts.
Sell Orders: Limited to -10% below and +100% above the reference price for the first 5 minutes.
Automatic Orders: Activated only after the first trade is executed.
Deposit and Withdrawal Rules
Travel Rule Compliance: Deposits and withdrawals are only supported through Bithumb-approved virtual asset exchanges. Transactions from unsupported external exchanges may not be reflected and refunds for such deposits may take significant time.
Restricted Exchanges: Deposits or withdrawals from exchanges designated as restricted may result in service limitations in accordance with Bithumb's terms and conditions.
*This is not investment advice.