Seoul, South Korea, August 8th, 2024,
Chainwire
Bithumb, South Korea's leading cryptocurrency exchange, is proud
to announce the official listing of the io.net token (IO) on its
platform. This strategic move aims to enhance the reach and
adoption of io.net's decentralized computing network, which is
pioneering in providing cost-efficient and scalable distributed
physical infrastructure for machine learning and AI projects.
Key Listing Information:
- Supported Market: Korean Won (KRW) Market
- Supported Network: Solana (SOL) (Note: Deposits via other
networks are not supported)
- Deposit Start: 4:00 PM KST, Wednesday, August 7, 2024
- Trading/Withdrawal Start: 6:00 PM KST, Wednesday, August 7,
2024
- Base Price: 2,334 KRW
- Number of Deposit Confirmations Required: 20
Trading Guidelines and Safeguards: To foster a secure and
orderly trading environment, Bithumb has instituted temporary
trading controls during the initial phase:
- Buy Orders: Restricted for the first 5 minutes
post-launch.
- Sell Orders: Restricted for the first 5 minutes post-launch at
prices lower than -10% or higher than +100% of the base price.
- Automatic Orders: Enabled following the first transaction.
These measures are designed to ensure stability and protect
investors from extreme volatility in the early stages of
trading.
Bithumb's Commitment: As a premier cryptocurrency exchange,
Bithumb is dedicated to providing a secure, compliant, and
user-friendly trading environment. Our commitment to investor
protection is reflected in our stringent listing criteria and
continuous enhancements to our platform's security protocols.
For more comprehensive details on deposit and withdrawal
policies, trading guidelines, and investment precautions, users are
encouraged to visit the official Bithumb website.
About io.net (IO):
The io.net platform is at the forefront of revolutionizing the
distributed computing landscape. By leveraging the Solana network,
io.net offers a robust and efficient infrastructure that
significantly reduces costs and enhances performance for machine
learning and AI applications. This listing on Bithumb marks a
pivotal moment for io.net, expanding its accessibility to the
Korean market and bolstering its global presence.
About Bithumb:
Bithumb is one of the largest cryptocurrency exchanges in South
Korea, renowned for its extensive range of supported assets,
advanced trading features, and unwavering commitment to security.
With a mission to drive the global adoption of cryptocurrencies,
Bithumb continuously strives to provide a seamless and innovative
trading experience for its users.
Contact
Dan
Edelstein
PR@marketacross.com