Bithumb Launches Trading for AHT and SONIC: What You Need to Know

Bithumb Expands Trading Options: AHT and SONIC Tokens Now Available

Bithumb, a major cryptocurrency exchange in South Korea, has announced the introduction of new trading pairs for AHT and SONIC tokens. This move expands the exchange’s offerings and provides users with additional trading opportunities.

New Trading Pairs: AHT on KRW Market and SONIC on SAFE KRW Market

The AHT (AHT) token is now available for trading on the KRW market, while the Sonic SVM (SONIC) token will be traded on the SAFE KRW market. Both tokens are expected to facilitate more flexibility for Bithumb’s users, who can now trade these assets within their respective markets.

According to Bithumb’s announcement, deposits and withdrawals for both tokens will be available within three hours of the announcement. The AHT token’s trading in the KRW market will begin at 2:00 PM KST, and SONIC trading on the SAFE KRW market is set to start at 4:00 PM KST. The AHT token operates on the Luniverse network, while SONIC runs on the Solana network. Both tokens require 20 confirmations for deposits.

Temporary Trading Limits to Ensure Market Stability

In a bid to maintain market stability, Bithumb has imposed temporary trading limits. For the first five minutes of trading, buy and sell orders for both tokens will be restricted within a range of -10% to +100% of the reference price. This limit ensures smooth price discovery and minimizes significant volatility. Automated orders will only be allowed after the initial trade execution.

Important Reminders for Users

Bithumb has also issued a reminder to its users to follow its policies on deposits and withdrawals. It is crucial for traders to conduct transactions through networks and exchanges supported by Bithumb to avoid potential delays or complications. Deposits made via unsupported networks or exchanges may cause significant delays and require additional actions to resolve.

As a leading cryptocurrency exchange since its establishment in 2014, Bithumb is known for its wide range of digital assets and compliance with regulatory standards. However, it has faced challenges recently, including delays in XRP withdrawals due to increased transaction volumes and platform limitations in December 2024.

Caution and Research for Investors

Given the risks associated with cryptocurrency trading, Bithumb strongly encourages users to conduct thorough research before initiating transactions. It is essential to confirm key details like network compatibility and reference pricing to avoid errors. Traders should also be aware that any losses resulting from trading activities are their own responsibility.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Cryptocurrencies and stocks, particularly in micro-cap companies, are subject to significant volatility and risk. Please conduct thorough research before making any investment decisions.