Recently, Bithumb official account announced that it would be adding three well-known digital assets to its platform.
South Korean Exchange Bithumb Announces the Listing of 3 Attractive Tokens
The exchange declared that the fiat markets for Apecoin (APE), Render (RNDR), and Fantom (FTM) would now support the Korean won. On Tuesday, July 18, 2023, at precisely 4:00 pm, trade for these tokens is set to begin.
What Does It Mean for the Exchange to List APE, RNDR, and FTM Tokens?
Bithumb‘s continued efforts to diversify its services and accommodate a wider range of investing preferences are seen in the addition of Apecoin, Render, and Fantom to its portfolio. Bithumb wants to give its consumers increased chances for diversification and future growth by integrating these interesting cryptocurrencies.
Although Upbit, South Korea’s largest cryptocurrency exchange, has a trading volume that is nearly ten times larger than that of Bithumb, the exchange’s objective with this listing announcement is to further establish its position in the market. This latest action by the exchange is a testament to its proactive approach to responding to changing market trends and Bithumb users’ demand, which it has consistently shown to be a priority.
Interest in Crypto Increases in South Korea
The launch of a fiat market in Korean won on the exchange for Apecoin, Render, and Fantom confirms South Korea’s rising interest in the cryptocurrency industry. The chance to capitalize on the possibilities of these cutting-edge digital assets is attractive for both experienced traders and newbies.
About APE, RNDR, and FTM
In the cryptocurrency world, APE, RNDR, and FTM have all seen considerable growth, drawing interest from both investors and enthusiasts. While RNDR powers the Render Network, which provides distributed GPU rendering services, APE concentrates on decentralized financial (DeFi) solutions. On the other side, Fantom is a platform made for decentralized apps (dApps) and high-performance smart contracts.
Who is the owner of Bithumb?
The de-facto owner of the exchange is Kang Jong-hyun. However, he was arrested last February for embezzlement.
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