- Bithumb lists PEAQ and VANA on KRW market with trading starting January 2 at 4:00 PM KST.
- PEAQ and VANA deposits require strict network confirmations before trading on Bithumb KRW market.
- PEAQ and VANA see price surges after Bithumb listing boosts market interest in both tokens.
Bithumb, South Korea’s largest cryptocurrency exchange, has listed PEAQ and VANA on its Korean Won (KRW) market. Trading for both tokens will begin on Thursday, January 2, 2025, at 4:00 PM KST. In addition, the listing announcement gave specific guidelines on deposit, withdrawal, and trading restrictions.
PEAQ and VANA Listing and Specifications
PEAQ trading will be exclusively available on the KRW market. Deposits using other networks will not be supported. The base price for PEAQ has been set at 853 won. Deposit and withdrawal services for PEAQ will be enabled within three hours of the announcement. Deposits will require ten network confirmations for completion.
Similarly, Bithumb will support VANA exclusively on the KRW market. Deposits via other networks are also restricted. The base price for VANA has been set at 23,730 won. Deposits and withdrawals for VANA will open within three hours of the announcement. However, deposits will require 100 confirmations before processing.
Trading Restrictions and Guidelines
To ensure stability, Bithumb has implemented specific trading restrictions. During the first five minutes after trading begins, buying orders will not be allowed. Selling orders will be restricted to a price range between -10% and +100% of the base price. Automatic transactions will commence only after initial trades are processed.
Market Impact and Performance
PEAQ’s price surged 29.69% following the announcement and is now trading at $0.6763. Its 24-hour market capitalization increased by 29.65% to reach $441.61 million. The project’s total market cap rose by 140.93% to $61.48 million, reflecting strong market interest.
VANA also experienced a notable rise, with its price increasing by 9.07% to $17.37. Its overall market cap grew by 9.09% to $522.72 million. VANA’s 24-hour trading volume increased by 21.74% to $188.71 million.
Bithumb has urged users to carefully verify address systems and network details before making deposits. Incorrect deposits may result in significant delays for refunds. This listing marks a significant development for both tokens, reflecting their growing demand in the crypto market.
The post Bithumb Adds PEAQ and VANA to KRW Market, Trading Begins January 2 appeared first on Crypto News Land.
Earn more PRC tokens by sharing this post. Copy and paste the URL below and share to friends, when they click and visit Parrot Coin website you earn: https://parrotcoin.net0
PRC Comment Policy
Your comments MUST BE constructive with vivid and clear suggestion relating to the post.
Your comments MUST NOT be less than 5 words.
Do NOT in any way copy/duplicate or transmit another members comment and paste to earn. Members who indulge themselves copying and duplicating comments, their earnings would be wiped out totally as a warning and Account deactivated if the user continue the act.
Parrot Coin does not pay for exclamatory comments Such as hahaha, nice one, wow, congrats, lmao, lol, etc are strictly forbidden and disallowed. Kindly adhere to this rule.
Constructive REPLY to comments is allowed